Elly McKee - Coldwell Banker Realty

06/17/2022

NEW LISTING!!! You won't want to miss this amazing end unit townhouse in the King Field Neighborhood in Minneapolis. I will be hosting 2 OPEN HOUSES this weekend. Saturday, 6/18 from 3-5pm and Sunday, 6/19 from 1-3pm. I look forward to showing you your new home!

If you can't make it to the open houses, please contact me and I would love to set up a private showing! [email protected] or 952-484-6025

Cozy up in this great Kingfield Neighborhood end unit townhouse featuring wood burning fireplace, hardwood floors and stainless steel appliances. You will love the oversized one car garage with lots of built-in storage space. Enter through the refinished partial basement that makes a great mudroom. Two large bedrooms supply ample space for a reading nook or work area. Enjoy the fresh air under the trees in the shared courtyard in the back. Walk, drive or bike and discover the many restaurants, shops and lakes nearby!

🏡 My dream is to help you live in yours! 🏡

04/04/2022

A KEY TO BUILDING WEALTH IS HOMEOWNERSHIP

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says:

“Homeownership is rewarding in so many ways and can serve as a vital component in achieving financial stability.”

Here are just a few reasons why, if you’re looking to increase your financial stability, homeownership is a worthwhile goal.

** Owning a Home Is a Building Block for Financial Success **

A recent NAR report details several homeownership trends and statistics, including the difference in net worth between homeowners and renters. It finds:

“. . . the net worth of a homeowner was about $300,000 while that of a renter’s was $8,000 in 2021.”

To put that into perspective, the average homeowner’s net worth is roughly 40 times that of a renter

The results from this report show that owning a home is a key piece to the puzzle when building your overall net worth.

** Equity Gains Can Substantially Boost a Homeowner’s Net Worth **

The net worth gap between owners and renters exists in large part because homeowners build equity. As a homeowner, your equity grows as your home appreciates in value and you make your mortgage payments each month.

In other words, when you own your home, you have the benefit of your mortgage payment acting as a contribution to a forced savings account. And when you sell, any equity you’ve built up comes back to you. As a renter, you’ll never see a return on the money you pay out in rent every month.

To sum it up, NAR says it simply:

“Homeownership has always been an important way to build wealth.”

** Bottom Line **

The gap between a homeowner’s net worth and a renter’s shows how truly foundational homeownership is to wealth-building. If you’re ready to start on your journey to homeownership, let’s connect today. You can reach me at [email protected] or 952-484-6025!

🏡 My dream is to help you live in yours! 🏡

12/11/2021

482 Charles Ave, St Paul, MN 55103

Beautifully Updated Home!

We are calling for highest and best offers to be submitted by 12pm on Monday!

https://www.youtube.com/embed/bGFpZTNZE5Y

🏡 My dream is to help you live in yours! 🏡

482 Charles Avenue, St Paul, MNMap it at https://www.google.com/maps/place/482+Charles+Avenue,+St+Paul,+MNColdwellBankerHomes.comElly McKee - Coldwell Banker...

12/09/2021

New Listing and Open Houses! Come see this beautifully updated home in St Paul. Open Houses Friday, December 9th from 2-4pm and Saturday, December 11th from 11am-1pm. With 5 Bedrooms, 2 Full Bathrooms, Upper Level Family Room and Upper Level Laundry, this home is truly gem. If you are unable to attend an open house, I would love to set up a private showing for you. Or if you have any real estate questions, please contact me at 952-484-6025 or [email protected].

🏡 My dream is to help you live in yours! 🏡

5 beds, 2 baths, 1,978 sq ft - Single Family Offered at: $250,000

11/26/2021

Wishing you and yours a Happy Thanksgiving!

11/05/2021

Well... I never thought any 80's trends would be popular again! And I am not 100% sure what to think of some of these. But what do YOU think???

🏡 My dream is to help you live in yours! 🏡

If you obsess over the decor in "The Golden Girls," you'll love the current '80s redux trend. These seven design ideas will help you get the retro look.

11/01/2021

Are you curious about what the rest of the country is experiencing during this crazy housing market? Home equity has gone up all over the nation!

Maybe you are thinking of selling your house and want to know what it is worth. I would love to help you! Contact me at [email protected] or 952-484-6025 with any real estate questions or needs.

🏠 My dream is to help you live in yours! 🏠

10/07/2021

Coming on the Market tomorrow (10/8)!!! You won't want to miss seeing this adorable house just minutes from Downtown Minneapolis. If you would like to feel like you are at a spa everyday, this bathroom is a must have! Contact me if you are interested in setting up a showing or if you have any real estate needs or questions. 952-484-6025 or [email protected]

🏡 My dream is to help you live in yours! 🏡

2 beds, 1 bath, 1,318 sq ft - Single Family Offered at: $224,900

09/29/2021

Happy National Coffee Day! As someone who can't drink caffeine because I will not sleep that night, I still love the smell of fresh brewed coffee and will drink decaf coffee on occasion. If you've dreamed of drinking your morning coffee in a new relaxing home, contact me and I would love to talk to you about making your dream come true. We can even talk over a cup of coffee, or decaf in my case! [email protected] or 952-484-6025.

🏡 My dream is to help you live in yours! 🏡

09/09/2021

Why 2021 Is Still the Year To Sell Your House

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was over the past few summers. Today, the majority of consumers, 75 percent, say it’s a good time to sell a house.

Why is sellers sentiment up year-over-year?
The higher good time to sell sentiment has to do with today’s market conditions, specifically low housing supply and high buyer demand. In the simplest terms, we don’t have enough houses available for sale to meet buyer demand.

According to the latest data from the National Association of Realtors (NAR), we’re still firmly in a sellers’ market because housing supply is well below a balanced norm. Clearly, the scales are tipped in a seller’s favor today. But while housing supply is undeniably low, the right side of the graph shows how the inventory situation is improving little by little each month as more sellers list their homes for sale.

As a seller, that means each month, buyers have more options to pick from. By extension, that means your house may get less buyer attention with time. Danielle Hale, Chief Economist for realtor.com, explains it like this:

“More homeowners continue to list homes for sale compared to a year ago… Notably, while new listings continue to lag behind a more ‘normal’ 2019 pace, the gap is shrinking. Even though homes continue to quickly sell thanks to high demand and limited supply, new listings are subtly shifting the balance of market conditions in favor of buyers.”

So, what’s that mean for you?
If you’ve been waiting for the perfect time to sell, there may not be a better chance than right now. Inventory is gradually increasing each month, so selling sooner rather than later will help you maximize your home’s potential.

Bottom Line
If you’re planning to sell your house, 2021 is still the year to do it. The unique mix of low supply and high demand won’t last forever. Let’s connect to discuss what you need to do now to sell your house and take advantage of this sellers’ market.

[email protected]
952-484-6025

🏡 My dream is to help you live in yours! 🏡

07/05/2021

Happy Independence Day!