3 Best Practices for Real Estate Investment

 |  Real Estate News

Investing In Real Estate: AchieveYour Real Estate Goals

With mortgage rates so low, many investors choose to invest in real estate, as opposed to the stock market. In addition, real estate is a prime investment for novice investors, as it is more tangible and understandable than stocks and the index. According to Bankrate’s annual investment research, 27% of Americans with money to invest would choose to invest in real estate over any other investment. Because real estate is becoming a popular commodity, especially among investors, here are three tips for investing in real estate...

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What Every First Time Home Buyer Should Know About Home Loans

 |  Financial, Purchasing a Home, Real Estate News

First-time home buyers who work with us often have the same question: Should we or shouldn’t we get a first-time home buyer loan?

In fact, there are a number of advantages and disadvantages attached to this type of loan.

First-Time Home Buyer Loans 101

A first time home buyer loan offers financial assistance to qualified buyers by utilizing a variety of methods:

  • Very low down payments or none at all
  • Subsidezed interest costs
  • Grants
  • Forgive loans
  • Defer payments

Generally speaking, the best candidates for ...

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April is Fair Housing Month!

 |  Community Events, Financial, Purchasing a Home, Real Estate News, Resources to Hire Professionals, Selling a Home

The month of April is a very important time for real estate professionals all across the nation.

Why? This is in the month that we celebrate the anniversary of the passing for the Fair Housing Act and recommit to the goal that inspired the legislation.

For those of you who may not know, the fair housing act essentially eliminated housing discrimination and created equal opportunity in every community.

And, as you might imagine, it’s a critical piece of legislation for anyone interested in buying property in the Minneapolis Area.

A Closer Look at the Fair Hou...

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New US Home Sales and New Housing Starts See Major Surge

 |  Real Estate News

Regardless of whether you’re navigating the new home sales market or the new construction market, you’ve likely heard some great news over the last few weeks.

That’s because both sectors of the national housing market have made gains recently, according to media reports.

If you’re planning on entering the market anytime soon as a buyer or seller, we recommend you continue reading to learn more about the latest trends on the housing market.

A Closer Look at US Single-Family Housing Starts

According to a recent Reuters article, groundbreaking for U.S. sin...

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Report: US Home Prices On the Rise

 |  Purchasing a Home, Real Estate News, Selling a Home

The National Association of Realtors recently announced the latest US real estate figures and the numbers are encouraging for anyone considering selling their home.

Evidently, home price growth accelerated in much of the country during the fourth quarter of 2014.

This is a fantastic development for anyone hoping to get a good price on their home for sale.

What You Should Know About US Home Sales

Here is an overview of the highlights of the most recent real estate market report:

  • The median price of an existing single-family home increased year-over-...
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Report: US Home Inventory Low, Making It a Great Time to Sell

 |  Real Estate News, Selling a Home

Happy New Year! We hope you and your loved ones enjoyed a wonderful New Year’s Eve and that you’re as excited and hopeful about 2015 as we are!

And if you’re a prospective home seller, a recent report from the National Association of Realtors suggests that there’s a good chance you can get a great price on your home right now.

According to the recent report, US home sales recently hit a six month low, with inventory at a low po...

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More US Home Buyers Returning to Market Because of Easier Mortgage Rules, Stable Rates

 |  Financial, Purchasing a Home, Real Estate News, Selling a Home

More and more home buyers are returning to the US housing market because they’re noticing favorable market conditions.

Specifically, buyers are feeling more comfortable about navigating the market thanks to interest rate stabilization and easier mortgage rules, according to a recent article by Reuters.

This is fantastic news for the overall health of the housing market. After all, it suggests that the national real estate market is likely to become more stable over time.

...
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 |  Community Events, Purchasing a Home, Real Estate News

Coming Soon!

Elegant New England Colonial in High Demand Minikahda Vista Neighborhood!

~ To be Sold for the First Time in 18 Years ~

This home has four bedrooms up, an attached garage, a master suite and is ready to be lived in and enjoyed.

All four bedrooms are located on the second floor.  Each is generous in size and three of the four have at least two closets – each hosting abundant walk-in or storage...

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What a Home Inspection Should Cover

 |  Home Maintenance, Purchasing a Home, Real Estate News, Resources to Hire Professionals, Selling a Home

Home inspections will vary depending on the type of property you are purchasing. A large historic home, for example, will require a more specialized inspection than a small condominium. However, the following are the basic elements that a home inspector will check. You can also use this list to help you evaluate properties you might purchase.

For more information, try the virtual home inspection at www.ASHI.org, the Web site of the American Society of Home Inspectors.

Structure:  A home’s skeleton impacts how the property stands up to weather, gravity, and the earth. Struct...

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Pros and Cons of Going Condo

 |  Purchasing a Home, Real Estate News, Resources to Hire Professionals

Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they’re ideal for those who appreciate a maintenance-free lifestyle.   But before you buy, make sure you do your legwork.   These are some of the important elements to consider:

  • Storage.   Some condos have storage lockers, but usually there are no attics or basements to hold extra belongings.
  • Outdoor space.   Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this may not be a good...
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