The Cost of a Home Is Far More Important than the Price
Housing inventory is at an all-time low. Nationwide there are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. In the Twin Cities the number is similar, with 31.5% fewer homes for sale now vs. the same time last year. Zillow recently reported: “Newly pending sales are up 25.5% […]
How Low Inventory May Impact the Housing Market This Fall
Real estate continues to be called the ‘bright spot’ in the current economy, but there is one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes, looking to capitalize on today’s historically low interest rates, but […]
Is Now a Good Time to Move?
How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That is a long time to time to […]
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