Housing seemed to have a slow start to the spring selling season, but appearances deceive. Dig into that spring soil and you begin to unearth differences in individual areas and market segments. Inventory is slowly rising in some areas. Activity is picking up in the upper price tiers. Rents continue to climb in most metros. [...]
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 [...]
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 [...]
Foreclosure and Short Sales at Lowest Level Since 2007 Minneapolis, Minnesota (September 12, 2013) – Twin Cities home buyers were unflustered by slightly higher interest rates in August as pending sales were up 10.9 percent to 5,244. Along with rising prices, increased sales activity is fueling housing demand, while buyers continue to watch inventory levels [...]
This MN summer has brought some very warm, humid days. The constant hum of air conditioners in the neighborhoods around Hutchinson and the surrounding communities remind us all how quickly we can go from winter to summer in Minnesota! Here are some tips to help you make the most out of your air conditioning and [...]
MN property tax information There is a Senior Citizen Property Tax Deferral Program that allows people 65 years of age or older, whose household incomes are $60,000 or less, to defer a portion of their property tax on their home. This deferral program has two primary advantages for senior citizens. It limits the [...]
Figuring out how to increase the value of your home can be a daunting task. Many homeowners become overwhelmed at the thought of updating various areas in their house. Simplify things and focus on one room at a time. Tips to increase your home's value If you're on a tight budget, make a [...]
