Shamil Mirza - Coldwell Banker Realty

10/21/2024

I am incredibly honored to receive this award and deeply thankful for the recognition. This achievement wouldn't have been possible without the trust and support of my amazing clients. Each of you has played a vital role in this journey, and I am truly grateful for the opportunity to help you find your dream homes.

Your confidence in me as your realtor means the world, and I am committed to continuing to provide the best service possible. Here's to many more successful partnerships and happy homes! 🏡✨

Thank you from the bottom of my heart! 💖

10/10/2024

🏡 **Your Path to Homeownership Starts Here!** 🏡

Dreaming of owning your own home? Let me guide you every step of the way! With my expertise and dedication, I'll help you navigate the complexities of the real estate market, find the perfect home, and secure the best deal.

Why choose me as your realtor?

**Personalized Service**
I tailor my approach to meet your unique needs and preferences.

**Market Knowledge**
I stay updated on the latest market trends to give you a competitive edge.

**Negotiation Skills**
I work tirelessly to get you the best possible price and terms.

**Supportive Guidance**
From the first consultation to closing day, I'm here to support you.

Let's turn your homeownership dreams into reality! Contact me today to get started. 📞 612-655-7242

09/06/2024

09/02/2024

Yes, I have to agree that renting a home has its perks, like flexibility & lower upfront costs ... however 😀 it also comes with its fair share of limitations and drawbacks. Many people dream of owning their own home, and for good reason. Homeownership offers a range of benefits that can significantly improve your financial stability, quality of life, and long-term outlook.

08/23/2024

Twin Cities Weekly Market Report:
The Housing market has shown some interesting trends and shifts. Homebuyer preferences for smaller homes continue to influence builder behavior. According to the U.S. Census Bureau, the typical new single-family home under construction had a median floor area of 2,139 square feet in the first quarter of 2024. This is down from the same period last year, when the typical new home had a median floor area of 2,256 square feet, and is the lowest reading since 2009.

In the Twin Cities region, the market has seen some notable changes:
- New Listings increased by 4.3% to 1,485.
- Pending Sales decreased by 17.3% to 906.
- Inventory increased by 12.9% to 9,589.

For the month of July, the market trends are as follows:
** Median Sales Price increased by 2.7% to $385,000.
** Days on Market increased by 24.1% to 36.
** Percent of Original List Price Received decreased by 1.3% to 99.5%.
** Months Supply of Homes For Sale increased by 18.2% to 2.6.

These trends indicate a dynamic market with shifting preferences and behaviors among homebuyers and builders. The increase in new listings and inventory suggests a growing supply, while the decrease in pending sales may indicate a cooling demand. The rise in median sales price and days on market reflects a competitive market where buyers are taking more time to make decisions.

08/15/2024

Starting Aug. 17, broker commissions will no longer appear in MLSs connected to the National Association of REALTORS® (NAR), and buyer’s agents will need signed agreements with clients before touring any homes.

One of the biggest misconceptions about the NAR settlement is that it will change how much clients will pay for agent representation. Realtor commissions have always been negotiable, and they will remain negotiable starting Aug. 17.

Homebuyers and sellers have always had the ability to reach their own agreements with agents on commissions, using a flat fee or percentage. It’s up to the individual consumer to decide what they think is a fair price for the services of an agent and assess the value in working with a real estate professional.

Contact me to discuss NAR changes: 612-655-7242

08/07/2024

It was a privilege to assist you with your home sale! Congratulations!

07/22/2024

In these challenging times, it is more important than ever for us to set aside our differences and come together as one united nation. Our strength lies in our shared commitment to the principles of freedom, justice, and equality. By working together and supporting one another, we can overcome any obstacle and build a brighter future for all. Let's stand united as We The People, and show the world what we can achieve when we join forces with a common purpose and an unwavering resolve.

07/16/2024

Despite what the main stream media wants ya'll to believe, now is a good time to buy real estate for several reasons. Firstly, interest rates are relatively low (historically speaking), making mortgages more affordable and increasing purchasing power. Secondly, the market is showing signs of stabilizing, with more inventory becoming available, giving buyers a better selection and less competition. Additionally, real estate continues to be a solid long-term investment, often appreciating in value over time and providing potential rental income. Lastly, government incentives and favorable lending conditions make it an opportune moment to secure financing and purchase property. These factors combined make now a strategic time to invest in real estate

07/14/2024

I'm grateful for the opportunity to have helped you find your perfect home. Wishing you all the best in your new space.

07/07/2024

The number of homes for sale continues to increase nationwide. There were 35.2% more homes for sale on a typical day in May compared to the same time last year, marking the seventh consecutive month of annual inventory growth. In fact, from January through May, inventory was at its highest level since 2020, although it is still down considerably from normal 2017 - 2019 levels.

In the Twin Cities region, for the week ending June 22:
• New Listings decreased 1.0% to 1,523
• Pending Sales decreased 3.7% to 1,077
• Inventory increased 12.1% to 9,063

For the month of May:
• Median Sales Price increased 4.1% to $385,000
• Days on Market increased 7.9% to 41
• Percent of Original List Price Received decreased 1.1% to 100.0%
• Months Supply of Homes For Sale increased 21.1% to 2.3

I was asked recently about the overall housing market condition in the twin cities and if I had to choose one data point to articulate it, I would refer to the graph below that should median days on the market.