Real Estate Consulting & Sales | Residential + Commercial

Home Price Gap between Existing Homes and New Homes…

New construction homes have historically always commanded a premium price over the existing home market.  However, since the housing downturn and Great Recession; the gap between the two product types has widened.  In the Twin Cities Metro Area (as of July 2014) the median listing price for a new construction home was $359,900 ($147 per…read more

Real Estate Apps today’s homeowners have embraced

Technology has changed the home buying and selling process signficantly over the past few years. With the addition of Apps, today’s buyers and sellers have access to real estate data that previously was tougher to obtain.  There are literally hundreds, if not thousands, of real estate apps available.  From home searches to mortgage applications to…read more

Twin Cities Apartment Boom…

No doubt about it, the apartment sector has driving the real estate recover over the past year.  Although the Mullins Group estimates there are upwards of 20,000 apartment units in the pipeline throughout the Metro Area, many of these developments will stall out or be cancelled.  However, 2013 looks to be a record year for…read more

New Home Sales continue to fall

Today’s article from Builder Magazine compares new home sales versus existing homes.  According to the 2010 Census, this past year posted the lowest new home sales transactions since data was collected in 1963.  Although not good news for builders and developers, buyers looking to build new will continue to find enticing properties and deals in…read more

Smaller home sizes are in

It’s no secret, today’s builders are making homes more effiecient and scaling back square footages in response to buyer preference and the current housing market.  Traditionally builders always built bigger, but today’s buyers are more concerned about cost and smart design.  Today’s floor plans maximize square footage and eliminate “wasted space,” together these two factors…read more