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…
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Eric Beise | Realtor If you have held rental real estate for the past few years, you likely have seen your properties significantlyincrease in value. This is a fantastic place to be! For various reasons though, you may now be looking to cashout, upgrade, or get out ahead of some potential future increases in tax…
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Brady Erickson | Realtor In all likelihood, you’ll find yourself in the midst of some casual small talk in the coming days. We all experience the weather, so it may be the topic of choice for breaking the ice or quickly escaping awkward silence. As a Realtor, the [housing] “market” is often “the weather” of…
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ERIC BEISE | REALTOR Inflation, inflation, inflation. It seems that everywhere you look right now in the financial press someone is talking about inflation. Prices do typically go up over time, which is known as inflation. When the government prints lots of money like they have the past few years, prices often go up faster…
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ERIC BEISE | REALTOR In the last five years alone the average sale price for a home in the Twin Cities has risen from $215,000 to $305,000. This is a staggering 42% increase! Naturally people are beginning to ask if prices are approaching a bubble again. Is it even smart to consider buying a home…
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Eric Beise | Realtor Believe it or not, 2020 is almost over! How did it go for you? In spite of the devastation caused by the pandemic, did you hit your goals – or even exceed them? Or was it a tough year for you? Regardless of what happened in 2020, now is the time…
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Brady Erickson | Realtor In an effort to quickly turn the page on the year that was 2020, I thought it apropos to look ahead to what 2021 has in store for housing. After finishing that last sentence, I soon realized that it’s impossible to look forward without taking some inventory in 2020, so let’s…
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Eric Beise | Realtor Countless articles have been written promoting the benefits of stocks over real estate or real estate over stocks. While there is certainly merit in weighing the pros and cons of these two options for investment, the reality is that most Americans nearing retirement could use more of any financial asset! The…
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By Brady Erickson | Realtor House hacking strategy can range from the extraordinarily obvious to the remarkably nuanced. On the most fundamental level, the novice hacker wants to find a place to call home that can also be leveraged for other purposes. This may look like something as simple as renting out a spare bedroom…
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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…
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