Wednesday, April 3, 2019 / by Cooper Riach
We are back! And we are coming back strong with another market update for your Twin Cities. We are going to cover everything from median sales prices to price per square foot to how much inventory we have. Bottom line... We've got all you need to know to be educated in what is happening in the Twin Cities real estate market. Let's go!
What Type of Market Are we in?
To start it off lets talk about what type of market we are currently in. The market is a seller's market right now. There is currently 1.6 months of inventory. What that means, if if no more properties come on the market, in 1.6 months there will be no more homes for sale. Now, just because there are not a lot of properties for sale does not mean that there are going to be less people looking to buy a home. This creates multiple offers situations. Multiple offers are the norm right now. That can be nerve racking for some, but all it means is that you need a good agent that will step up to the plate fo ...
Wednesday, March 6, 2019 / by Cooper Riach
Starting today, we are going to periodically take quick looks at neighborhoods around the Twin Cities area. We are going to kick it off by seeing what the Nokomis community in Minneapolis. We will be taking a look at both the real estate side of things, as well as things to do around there. Let's go!
Let's first take a look at real estate related stats. Price per square foot is currently at $189. That is a pretty decent number considering that the average price per square foot in the Twin Cities as a whole is $154. That's a benefit if you are thinking about selling your Nokomis community home.
Thinking about buying in the Nokomis area? Take this into consideration. With more inventory in the area, the houses have been sitting on the market for longer. The average days on the market that homes are sitting in Nokomis is 57 days. That is a benefit for buyers.
Now lets take a look at some fun things to do around this neighborhood! The main attraction in this community ...
Wednesday, February 27, 2019 / by Cooper Riach
2019 is in full swing and the fourth Wednesday of the month means a market update for our readers. After reading this article, you will be able to make an educated decision of making a move or not, or even passing this info along to someone you know. In this market update we will take a look at inventory (or lack there of), days on market, and finally, the average price per square foot. Lets go!
There is currently 1.6 months of inventory. As was the case last month, it is a seller’s market. This means that there is a better shot at getting more traffic through your listing. More foot traffic could mean getting into a multiple offer situation. What does low inventory mean for buyers? Although frustrating at times, it is not as bad as some may think. Low inventory just means you have to be available to see properties ASAP. It is all about having a good agent who stays on top of it to keep you up to date with what is going on. At HHG we have a playbook that has been successful ...
Wednesday, February 20, 2019 / by Cooper Riach
Here in the Twin Cities, we are in the thick of winter. Sometimes the cold temps could keep the kids cooped up inside. Although video games and TV can be entertaining, that stuff doesn't drain energy like being active somewhere. This could be a nightmare for parents. Well parents, this is your lucky day. We have three suggestions for some family fun during this time of the year.
First, sledding (the obvious one). Sledding is something that is fun for kids of all ages. It's easy. All you need is a sled and a hill. That's it! Going sledding is a great option also because of the other things you can do as well. You can sled, have a snowball fight, or just run around and play in the snow. By the end of your day, the kids are sure to be worn out! You get to have some relaxed kids and also have some quality family time.
Temps too cold to be outside? Try an indoor option. One good idea is Playworks in Prior Lake. It is essentially a big playground indoors. You can go as a family o ...
Wednesday, February 13, 2019 / by Cooper Riach
Valentine’s Day is tomorrow. It is the same day every year, February 14th. Even with the date staying the same, it seems there are always people who are rushing to get those last minute gifts. No need to worry, we’ve got you covered. After reading this, you will know just what to get that special someone. And if not these ideas, then you have ideas of what not to get but at least it gets you thinking.
Lets start with ideas for the ladies. Of course, we have to start with the staple… Roses. A boquet of roses may seem cliche but it is also the go to V-Day gift for a reason. Flowers in general are a good gift fellas. Why? Because it’s something small physically but it shows that you care and are thinking about them. Think just roses arent enough? Add a box of chocolates, fruit, or chocolate covered fruit with them. Want to get something other than the common flowers and chocolates. Get her a gift card/certificate to her favorite restaurant, spa, or store! Th ...