Tara McTeague, Realtor

02/21/2024

Jessica Lautz, NAR Deputy Chief Economist and Vice President of Research, reacts to this week's mortgage rates.

09/06/2023

SOLD!!! 👏👏👏
Turn your search for a house into a journey of home building. Seize the opportunity to own your dream home on a spacious .33-acre residential lot with your choice of builder! Nestled within a quaint neighborhood, this prime piece of land offers the blank canvas for your custom-designed oasis. With light tree coverage and sewer and water stubbed in, the groundwork is already laid for a hassle-free construction process. Embrace the freedom to craft the home you've always envisioned in a well-connected neighborhood with lakes, trails and parks just steps away. Don't miss out on this chance to secure your future now!

06/10/2023

I know this is a frustrating time for buyers out there and you may have started looking outside of your preferred areas to expand your opportunities. I've linked a MN resource for crime to give you of some insights in an unfamiliar neighborhood. Happy house hunting!

Detailed crime rates and statistics information from cities within Minnesota. Find the top 10 safest places to live in MN.

06/09/2023

Here’s a clever idea for saving paint color notes and locations rather than leaving a heap of old paint cans behind for your buyers!

06/08/2023

The National Association of Local Housing Finance Agencies (NALHFA) offers a variety of homebuyer resources on its webpage such as:

• Down Payment Assistance Resources
• No Down Payment Loans
• Lease-to-Own
• Low Down Payment Mortgages
• Special Home Buying Programs

In the aftermath of the housing crisis, many home buyers believe that a 20% down payment is needed to purchase a home. This is not the case! There are numerous products and resources you can access to get into your first home with a low down payment or no down payment. There are even some state and....

06/08/2023

HUD (The U.S. Department of Housing and Urban Development) provides grants to state and local organizations through various homebuying programs.

These programs provide buyers with down payment and closing cost assistance.

To find programs offered in Minnesota check the link!

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06/08/2023

This organization offers:
• advisors for homebuying, foreclosure, refinancing, and reverse mortgage
• homebuyer education workshop
• online homebuying course
• owner-occupant landlord training
• information on rehab and repair grant and loan programs, among other resources.
Resources found on the website include:
• down payment resource information
• affordable loan products directory
• housing trends and reports

The Minnesota Homeownership Center offers free advisor services to help you buy a home, and help to prevent foreclosure when times are tough.

03/17/2023

May your pockets be heavy, and your heart be light. May good luck pursue you each morning and night.

03/10/2023

Signs the Spring Market is picking up: More inspections are being waved, seller contributions are declining, purchase to list price is over 100%, Appraisal gaps are on a sharp rise and Cash offers are up 11% from a month ago.

03/07/2023

March is Women's History Month
Share more women owned businesses in the twin cities below!

Whether you’re in the mood to shop, eat a healthy meal, do some self-care, or grab a cocktail with some friends, these women-owned businesses will fulfill your every desire.

03/06/2023

Weekly Market Insights
February 17th - March 3rd: Fully Accepted Offers

**Inspections waived 28%
*Pre-MLS sales are 9%
**Cash 13%, Conventional 69%, FHA 11%, VA 4%, Other 3%
*Average purchase to list price is 99.8%
*Median purchase to list price is 100.0%
**Seller contribution towards buyer's closing costs 36% (the lowest it's been since January 6th, 2023)
*Home warranties included 7%
*Contingent on the sale of the buyer's home 7%
*Escalation clauses included in 2%
*Appraisal gaps included in 5% of financed purchases
*Cancellation rate of 4%