How a Government Shutdown Impacts Homebuyers, Sellers & the Real Estate Market When you hear “government shutdown,” your first thought might be about politics or federal employees. But what many don’t realize is that a shutdown can also create ripple effects in the housing and mortgage markets. If you’re buying, selling, or refinancing, here’s what…
Buying your first home is an exciting milestone, but it’s easy to make costly mistakes along the way. Whether you’re looking in Minneapolis, Maple Grove, or the suburbs, being aware of common pitfalls can help you navigate the process smoothly. Here’s a checklist to guide you: 1. Skipping Mortgage Pre-Approval Many first-time buyers in Minnesota…
With inventory levels of existing homes extremely low, many are flocking to new construction and assume it’s like shopping at Target. At Target, you walk in, pick what you want, and proceed to checkout. While there are some very clear benefits to buying new (Minnesota’s 10 year builder warranty, to name just one), much is…
By: Eric Beise | Realtor With growing fears regarding COVID-19 and its impact on the economy, we wanted to provide you with information that may ease your concerns. By extracting data from past pandemics and economic recessions, we presume that in the midst of this fear and chaos, the outlook of the housing market looks…
By Brady Erickson, Realtor As the Twin Cities continue to surge with high-income renters and demand for rental homes, owning rental property has become an increasingly lucrative endeavor. But even with the tremendous upside of owning real estate, there are many pitfalls to an oversimplified approach. Property investment is multifaceted and should be approached with…
The Minneapolis 2040 Plan will arguably be the most impactful document for Minneapolis residents–and even those in the greater Twin Cities–for years to come. If you haven’t read the whole thing, we don’t blame you. Coming in at just under 500 pages of light reading, it is hard to make it a priority, yet there are several important things to consider, especially when it comes to housing.