Real Estate Consulting & Sales | Residential + Commercial

Get out and Vote! Red vs. Blue and the Housing Market

One of the most important mid-term elections of our life-time is Tuesday November 6th….so please get out and vote!  I have reposted an interesting article from comparing the housing market by county and by political leaning.  Interesting read. Red vs. Blue America: How the Nation’s Real Estate Divide Could Determine the Midterm Elections By…read more

Fed Increases rates while buyer demand remains strong

The number of homes for sale in the Twin Cities remains at historically low levels as inventory remains extremely low, especially for first-time home buyers seeking homes under $250,000.   At present, there is only a 1.8 month supply of homes for sale in the marketplace whereas market equilibrium is generally considered six months of inventory. …read more

2017 Twin Cities Real Estate Outlook: Sellers in the driver seat

The Twin Cities real estate market has witnessed a fundamental shift over the past few years from a buyers to sellers market.  Inventory (i.e. the supply of homes) continues to remain very low which has resulted in price appreciation and few days on market.  In 2016 the median days on market was only 33 days,…read more

Twin Cities Condo Market is Red Hot

The Twin Cities condo market, in particular Downtown Minneapolis, is red hot as the inventory is nearly non-existent.  A  review of all condo listings in the Downtown Minneapolis area shoes there are only 76 active listings in Downtown and in the surrounding neighborhoods such as the North Loop, Loring Park, northwest Minneapolis, etc.  These listings…read more

2015 Twin Cities Real Estate Projections

Every year I’m asked what’s in store for the next year?  Although I can’t predict the future (or I would be playing the lottery!) I predict 2015 will continue last year’s positive momentum.   Most economists agree that the Federal Reserve will raise interest rates in 2015; when though it is unknown.  We should continue to…read more