The Yorks Real Estate - Coldwell Banker Realty

05/30/2025

Licensed REALTOR in Minnesota with Coldwell Banker Realty.

08/11/2022

Rare Lake Minnetonka opportunity on the Point of Casco Point! Big water views, 156' of hard packed, sandy, level shore with grade "A" water quality on Carmen Bay. Expansive views from almost every room yet with privacy rarely found. This is lakeshore living at its best!
Join us on Sunday August 14 from 1-3 to take a tour.

10/28/2021

Great Article...
What Does the Future Hold for Home Prices?

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall?

To answer that question, let’s first understand a few terms you may be hearing right now.

Appreciation is an increase in the value of an asset.
Depreciation is a decrease in the value of an asset.
Deceleration is when something happens at a slower pace.

It’s important to note home prices have increased, or appreciated, for 114 straight months. To find out if that trend may continue, look to the experts. Pulsenomics surveyed over 100 economists, investment strategists, and housing market analysts asking for their five-year projections. In terms of what lies ahead, experts say the market may see some slight deceleration, but not depreciation.

Here’s the forecast for the next few years: As the graph above shows, prices are expected to continue to rise, just not at the same pace we’ve seen over the last year. Over 100 experts agree, there is no expectation for price depreciation. As the arrows indicate, each number is an increase, which means prices will rise each year.

Bill McBride, author of the blog Calculated Risk, also expects deceleration, but not depreciation:

“My sense is the Case-Shiller National annual growth rate of 19.7% is probably close to a peak, and that year-over-year price increases will slow later this year.”

Ivy Zelman of Zelman & Associates agrees, saying:

“. . . home price appreciation is on the cusp of flipping to a decelerating trend.”

A recent article from realtor.com indicates you should expect: “. . . annual price increases will slow to a more normal level, . . .”

What Does the Future Hold for Home Prices? | MyKCM

What Does This Deceleration Mean for You?

What experts are projecting for the years ahead is more in line with the historical norm for appreciation. According to data from Black Knight, the average annual appreciation from 1995-2020 is 4.1%. As you can see from the chart above, the expert forecasts are closer to that pace, which means you should see appreciation at a level that’s aligned with a more normal year.

If you’re a buyer, don’t expect a sudden or drastic drop in home prices – experts say it won’t happen. Instead, think about your homeownership goals and consider purchasing a home before prices rise further.

If you’re a seller, the continued home price appreciation is good news for the value of your house. Work with an agent to list your house for the right price based on market conditions.

Bottom Line

Experts expect price deceleration, not price depreciation over the coming years. Let’s connect to talk through what’s happening in the housing market today, where things are headed, and what it means

10/09/2020

We have been swooning over this gorgeous new listing since we listed it last week. If the enchanting setting, stunning lake views, private wooded lot and close in location doesn't sell you, the high end finish level and fabulous decor will undoubtedly seal the deal. We cannot believe that this home is still on the market! We know it won't be for long.
We will be holding it open on Sunday from 1-3pm. Come check it out.

08/20/2019

https://app.zetaglobal.net/messages/15663104414757bd7b65b437e/raw

Global Luxury Ambassador Jade Mills, Beverly Hills’ leading real estate professional, has introduced a captivating estate in the highly sought-after Palisades Riviera to the market.

03/07/2019

Significant Price Adjustment - Lake Minnetonka
Now Listed at $1,999,999

The “Hampton’s” in high demand Casco Point on Lake Minnetonka! Rare opportunity to own this charming long-admired home. Built in 1926 on a sweeping lot featuring 125’ of gorgeous hard sand beach and steeped in history. Enjoy breath taking views and gorgeous sunsets year round. Floor plan has been carefully opened while the kitchen & baths have been tastefully updated with high end finishes. With 4 BRs on the upper level, this home truly serves today’s family the casual lake lifestyle so many buyers desire

Please message us for a private showing.

For more information check out the detailed listing at: http://theyorksrealestate.com/featured-listings/

03/04/2019

Thank you Minnesota Monthly Magazine! We are honored to be listed as one of the Best Real Estate Professionals in the Twin Cities. We are fortunate to be passionate about Real Estate and lucky to love our jobs.
And a special thanks to our clients. We wouldn't be a success without all of you.

Methods & Key

02/28/2019

Check out our featured listing of the week!

The “Hamptons” in high demand Casco Point on Lake Minnetonka! Rare opportunity to own this charming, long-admired home, steeped in history. Built in 1926 on a sweeping .85 acre lot with 125’ of gorgeous hard sand lakefront, this gracious home is perfectly sited on Spring Park Bay. With southwest facing views, enjoy beautiful sunsets year round. The landscaping has been carefully planned to take advantage of the magnificent views, while providing easy access to the lakeshore. Ideally located within walking distance from many shops as well as the picturesque Dakota Trail.

Throughout the years, each owner has lovingly and carefully updated this home in a style true to the integrity of its origin. All remodeling work has been completed by high end builders.

The open floor plan is the perfect setting for the casual lake lifestyle so many buyers desire. The romantic lakefront porch remains intact; the perfect spot for an afternoon nap, late night card game, or just a spot to curl up and read a book.

Fir hardwood floors grace the main level, while painted hardwood floors bring the charm of the original cottage to the upper level. This level features four generous bedrooms, three with beautiful lake views and the fourth overlooking the front gardens. An outdoor living room is just steps out the back door; a perfect spot for lakeside entertaining. And don’t let the detached three car garage fool you. The upper level of the garage serves as the perfect bunk house for guests or teens.

This charming home is truly the epitome of a lake house, offering the casual lake lifestyle that so many families desire. The famed author Maud Hart Lovelace penned many of her classic “Betsy and Tacy” stories in this unique home. Don’t miss this one!

Check out the detailed listing for more information:
http://theyorksrealestate.com/featured-listings/

Message us for a private showing.

05/29/2018

Here are five reasons why it makes sense for you to list your home this summer!

Here are five reasons listing your home for sale this summer makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing and

04/12/2018

New Wayzata Listing
Upscale Condo in The Regatta
Listed at $699,000

South facing unit overlooking central Lake Street Park, 1 bedroom/ 2baths, washer and dryer in unit, 2 underground parking stalls, storage area. Rooftop deck, 2 club rooms, Exercise room, car wash, meeting room.

Open Sunday 4/15 1:00-3:00pm

03/29/2018

Almost 99% of the top experts studying residential real estate believe that prices will appreciate this year, and over 93% believe home values will appreciate by at least 3%.

Some believe that the combined effects of the new tax code and rising mortgage rates will have an adverse impact on residential real estate prices in 2018. However, the clear majority of recently surveyed housing experts believe that home values will continue to rise this year. What is the Home Pri