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The summer months should be quite busy for home buyers, sellers and real estate agents alike! As we head into June, real estate analysts are saying that the national housing market is poised for a successful (and busy!) summer home buying market. Several factors are at play, experts say, including low housing inventory, pent up […]
Rent checks are getting bigger. Rents in April were 4% higher than a year before, according to a report from Zillow. That’s the fastest increase in two years, outpacing home prices which rose by 3%, the report showed. Rental affordability is getting worse, and it doesn’t look like it will be improving anytime soon. We […]
We have some excellent news to report from the national housing market: Evidently US pending home sales index increased for the third straight month in April. This is a great testament that the national housing market is getting back on track and becoming increasingly stable. If you’re considering entering the market anytime soon as a […]
The housing market continues to make solid strides in its recovery nationwide, with some states experiencing growth above and beyond their historic peaks, according to a new analysis. Home prices nationwide, including distressed sales, rose 5.9% in March 2015 compared to the same month in 2014, representing 37 months of consecutive year-over-year increases in home […]
Regardless of where you live, experts are expecting that Baby Boomers will have a major impact on the local housing market. That’s because this sizeable portion of the population is comprised of 76.4 million individuals. And many of them are expected to make major moves over the next several years as they continue to retire. […]
In the latest sign that the U.S. real estate market is improving, more Americans signed contracts to purchase homes in February than in nearly a year. The National Association of Realtors released the data, which showed that the seasonally adjusted pending home sales index increased 3.1 percent to 106.9 in February. That’s the highest it’s been […]
The national housing market continues to show gains, with home prices rising year-over-year during the month of February. This is fantastic news as it shows that the U.S. real estate market continues to rebound from the Great Recession. If you’re considering listing your home anytime soon, please continue reading to learn more about current national […]
The Twin Cities housing market is enjoying a strong start to the traditionally “hot” buying and selling season, due in part to ongoing favorable interest rates and an improved economy. According to data collected by the Minneapolis Area Association of Realtors, new listings increased 23.2 percent to 5,690 in February, the largest year-over-year increase since […]
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, […]