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This is the time of year that has home buyers and home sellers alike excited: The Spring Home Buying Season! For buyers, it’s a great time to purchase a home because the school year is coming to an end and residents have all summer to move before it’s back in session. For sellers, it’s a […]
The housing recovery in the Twin Cities appears to be back on track. Home sales in February rose 1.3 percent, their biggest gain since October 2013, and a sign of optimism for the months ahead. “If February is any indication, this spring is shaping up to be everything that spring markets should be,” said Mike Hoffman, […]
Downtown Minneapolis earned the No. 2 spot on a Livability.com list of the top downtown areas in the United States. One of many things that stands out about downtown Minneapolis, Minn., is that it’s surrounded by parks, lakes and rivers providing residents quick access to a variety of outdoor recreation, including cross-country skiing in the […]
The number of contracts signed to buy previously-owned homes in January marked the highest level in 18 months, the National Association of Realtors said Friday. NAR’s Pending Home Sales Index, which tracks contract signings (as opposed to closed sales), rose 1.7% in January to 104.2, from an upwardly revised December level of 102.5. (An index of […]
Things are certainly looking up on the national real estate market! According to a recent report from the national Standard & Poor’s/Case-Shiller Home Price Index, home prices increased during the month of January despite cooling home sales. Experts believe that a tightening inventory helped to spur the rise in home prices. This is important information […]