If you look up the term “normalcy bias,” you find yourself swimming in psychological theoretician talk, most of which deals with people’s response to disastrous situations. The theory behind it is that when faced with …Read More →
When you see any title containing the words “Real Estate Investment,” you won’t be terribly surprised if the response turns out to be what a good idea! When you’ve had the experience of seeing clients …Read More →
CoreLogic released their most current Home Price Index last week. In the report, they revealed home appreciation in three categories: percentage appreciation over the last year, over the last month and projected over the next twelve months.Read More →
In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.Read More →
So you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process and they have asked you what level of access you want to provide to potential buyers.Read More →
The results of countless studies have shown that potential home buyers, and even current homeowners, have an inflated view of what is really required to qualify for a mortgage in today’s market.
One such study by …Read More →
Historically, the choice between renting or buying a home has been a close decision.
Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to …
The first half of the year was brought to an end with a lot of happenings—any one of
which could have a significant impact on the Twin Cities real estate market in the months ahead.
The biggest event was another unpredicted swoon in mortgage interest rates.
Homes for sale in Minnetonka compete in the marketplace based on the major search criteria that have long been in place: location, architectural style, number of bedrooms and baths, overall size, style, quality, age, etc.Read More →