“Love Letters”: Love it or Leave it?

Did you know that September 1st is World Letter Writing Day? Now you do! While picking up a pen and paper to write to a friend, family member, or pen pal is largely outdated, there is still a meaningful impact a handwritten note can make. Taking the time to write out your thoughts and feelingsContinue reading ““Love Letters”: Love it or Leave it?”

25 Fascinating Facts about Real Estate!

With the proverbial “Dog Days of August” in full swing, the dawning realization that summer is nearing its too soon end and a general personal malaise in discussing current trends and statistics about real estate, inflation and interest rates, let’s take a break and just explore some random and entertaining fun facts about real estate!Continue reading “25 Fascinating Facts about Real Estate!”

“We Buy Houses for Cash”, What Does That Mean?

These signs seem to have popped up everywhere, along the sidewalks, billboards, in your mailbox, you name it. If you own a rental property, you are probably also receiving daily postcards, calls and texts asking if you are interested in selling the property for a cash offer. Seems too good to be true, right? Here’s howContinue reading ““We Buy Houses for Cash”, What Does That Mean?”

Are Houses Less Affordable Than They Were in Past Decades?

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happensContinue reading “Are Houses Less Affordable Than They Were in Past Decades?”

With Rents on the Rise – Is Now the Time To Buy?

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than 1% from month to month. In May andContinue reading “With Rents on the Rise – Is Now the Time To Buy?”

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”