What's My Minnesota Home Worth?

12/23/2024

Perspective... 🤔

10/11/2024

09/07/2024

Some Highlights
Thinking about making a move in 2025 and wondering what you can expect? Here’s what expert forecasts say lies ahead.

Mortgage rates will come down slightly. More homes will sell. And prices will rise more moderately.
Connect with a local agent to discuss what these forecasts mean for your move and what to expect from your local market in 2025.

08/05/2024

-Back in 2008, there was an oversupply of homes for sale. Today, there’s an undersupply. The three main sources of inventory show this isn’t like the last time.
Existing homes, new homes, and foreclosures are all way below the levels we saw during the housing crash.

-Inventory data shows there just aren’t enough homes available to have a repeat of what happened back in 2008.

07/23/2024

https://www.keepingcurrentmatters.com/2024/07/23/why-a-foreclosure-wave-isnt-on-the-horizon/

Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets.

07/19/2024

It's a lot like a rollercoaster.... 😂😂😂

07/17/2024

http://link.mnrealtor.com/c/7/eyJhaSI6NjkwNTY5MDAsImUiOiJnYXJ5LmtlbGVtZW5AcmVzdWx0cy5uZXQiLCJyaSI6ImNvbnRhY3QtODAxNTgxNTRlMDNlNGU0MTllYWQyOTc0MGJkZWI2ZWYtNTBmMzJjOGE5YzRkNDYwMmIyZTIxMDA1Y2JiOGJmNDAiLCJycSI6IjAyLWIyNDE5OS01YzI3M2E1ZDkxNzk0NGJlYTU5NTgzM2NjNjljNWFkOSIsInBoIjpudWxsLCJtIjp0cnVlLCJ1aSI6IjEiLCJ1biI6IiIsInUiOiJodHRwczovL3d3dy5tbnJlYWx0b3IuY29tL2Jsb2dzL21uci1uZXdzMS8yMDI0LzA3LzE1L2p1bmUtMjAyNC1ob3VzaW5nLW1hcmtldC1yZXBvcnQ_X2NsZGVlPUFPVjUzOTd1elRNcGxZRnF1dndJUnFHbWlMUTV6TXJtbEkzOXJSVHA2WVNubUk4V3U5ME1CUFJLVDFHbHNFSTMmcmVjaXBpZW50aWQ9Y29udGFjdC04MDE1ODE1NGUwM2U0ZTQxOWVhZDI5NzQwYmRlYjZlZi01MGYzMmM4YTljNGQ0NjAyYjJlMjEwMDVjYmI4YmY0MCZlc2lkPWVkZmZlYWNiLWI1NDItZWYxMS05ZWVmLTAwMTU1ZDIzNDQyZiJ9/bYDVzp72wxv7zM_9oC5zCA

07/03/2024

Homeowners Gained $28K in Equity over the Past Year

If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you're building equity much faster than you might think. Here’s how it works.

Equity is the current value of your home minus what you owe on the loan.
Over the past year, there have still been more people wanting to buy than there are homes available for sale, and that’s pushed prices up. That rise in prices has translated directly into increasing equity for homeowners.
How Much Equity Have You Earned over the Past 12 Months?

According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner's equity has grown by $28,000 in the last year alone.

What If You Bought Your House Before the Pandemic?

If you bought your house before the pandemic, the equity news is even better. According to data from Realtor.com, home prices...

If you own a home, your net worth has probably gone up a lot over the past year.

07/02/2024

What To Do When Your House Didn’t Sell

If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment. And as you’re working through that, you’re probably also wondering what went wrong and what you should do next.

Was It Priced for Today’s Market?

Setting the right price from the start is key. While it might be tempting to try shooting high with your price, that can slow down the selling process big time. If your house was priced higher than others similar to it, it may have turned away buyers. And that’s likely why it sat on the market.

Was It Easy for Buyers To Tour?

One of the biggest mistakes you can make when selling your house is overly restricting the days and times when potential buyers can tour it.

Was It Set Up To Make the Best Impression on Buyers?

If buyers weren’t interested in your house, it’s worth taking another look at your home through their...

If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment.

07/01/2024

Wondering what will happen with the housing market in the second half of the year?

According to the experts, home prices are set to climb moderately, mortgage rates might dip a little, and home sales are expected to stay steady.

Have questions about what this means for you? Let's chat about your plans.

06/30/2024

Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady. If you have questions about what to expect for the rest of the year, DM me so we can have a conversation about what it means for you and your plans.

Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say.