Minneapolis, Minnesota (June 11, 2014) – House hunters in the 13-county Twin Cities metropolitan area are finally getting more to choose from. Inventory levels were up 6.1 percent to 16,368 homes for sale in May 2014. This comes as new listings were up 3.0 percent to 8,572 and pending sales were down 9.0 percent to [...]
Traditional Sales Dominating the Twin Cities Housing Market Hometown Realty - Hutchinson, MN real estate experts Minneapolis, Minnesota (May 12, 2014) – Home sales in the 13-county Minneapolis–St. Paul metropolitan area have appeared lackluster of late on the surface, but if you turn the dirt, you’ll see more intriguing colors in the flowering [...]
Minneapolis, Minnesota (April 11, 2014) – Property rights and the housing market received a big boost this morning, as the Minneapolis City Council voted to lift the housing construction moratorium that was imposed in the southwest corner of the city on March 7, 2014. The moratorium impacted the issuance of wrecking and building permits for [...]
Traditional Segment Blooms in Minnesota Real Estate Market, Sellers More Optimistic Hometown Realty - Hutchinson, MN real estate experts Minneapolis, Minnesota (April 10, 2014) – After being cooped up for a long, cold winter, homeowners in the 13-county Minneapolis-St. Paul metropolitan area showed renewed signs of optimism in March. Seller activity rose 5.5 [...]
The same factors that catalyzed widespread market recovery in 2012 and 2013 are likely to continue in 2014, though perhaps at a more moderate pace. That's not a bad thing, since the market is returning to a stable, healthy state. Potential trends to watch for in 2014 include increased seller activity, more new construction and [...]
Hometown Realty Winter Newsletter Did you know the value of homes in Hutchinson, MN rose nearly 12% in 2013 compared to 2012? There is no doubt the real estate market recovery in Hutchinson, McLeod County and much of Minnesota continues. Real Estate values in Hutchinson, MN increased by nearly 12% in 2013 compared to [...]
NEW LISTING! 2 Bedroom, 2 bath twin home in quiet scenic location. Center island in kitchen, open floor plan, MBR has walk-in closet and master bath, main floor laundry. Full basement for storage. No association fees. Featured Property of the Week - 545 Northwoods Avenue NE, Hutchinson, MN PRICE: $149,900 Property Type: Residential [...]
Should I sell my home now or wait until spring? One of the questions that people ask us often this time of year at Hometown Realty is, should we put our house up for sale now, or should we wait until spring? It’s a really good question and there are a number of reasons to [...]
Effective January 1, 2014 the new Radon Awareness Act became effective. This new Minnesota state law requires a seller of residential property to disclose in writing to the buyer any knowledge the seller has of radon concentrations in the home. All real estate transactions in Minnesota must add one more disclosure to the list – [...]
2013 Annual Wrap-Up: Widespread Market Recovery Continues Minneapolis–Saint Paul, Minnesota (January 13, 2014) – Lower supply levels, strong demand and higher prices are among the encouraging developments in 2013 that brought about ongoing market recovery. Consumer purchase demand increased notably, reaching levels not seen since 2005. As the active supply of homes for sale fell [...]
