3 Charts That Show This Isn’t a Housing Bubble

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone couldContinue reading “3 Charts That Show This Isn’t a Housing Bubble”

What You Should Do Before Interest Rates Rise

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’sContinue reading “What You Should Do Before Interest Rates Rise”

A Look at Home Price Appreciation Through 2025

Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. InContinue reading “A Look at Home Price Appreciation Through 2025”

Homeownership in Edina Made Affordable

Edina is a wonderful place to call home, but some may say it can be a little…unaffordable. Well…we know a way you can purchase a home in Edina for less! Our team has spent hundreds of hours teaching about different specialty programs, sometimes they can save you thousands of dollars. One of our favorite programs is theContinue reading “Homeownership in Edina Made Affordable”

Housing Wealth: The Missing Piece of the Affordability Equation

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. Long-term historical appreciation has proven to be around 3% per year. But, as an example, theContinue reading “Housing Wealth: The Missing Piece of the Affordability Equation”

Americans See Real Estate as a Better Investment Than Stocks or Gold

In a recent post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. And a May Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup usually finds that Americans regard real estate as the best long-term investment amongContinue reading “Americans See Real Estate as a Better Investment Than Stocks or Gold”