This smoking hot real estate market has no signs of slowing down anytime soon! The month of June just had the most signed purchase agreements recorded since way back in 2004. New highs for showings suggest further strengthening, though inventory still remains a challenge. Following is an article published by the Minneapolis Area Association of Realtors. June signed purchase agreements Continue Reading
The Real State of Minnetonka Real Estate
Minnetonka Real Estate has seen quite a comeback from the Covid-19 related collapse of the real estate market back in March of 2020. The Minnetonka market actually bottomed out the first week in April and started to come back a week or two later. By the beginning of June we were almost fully back to normal and at the time of this writing we are experiencing a major sellers market with multiple Continue Reading
Lake Minnetonka Home Fire
Roby and I went for a boat ride the other day and we noticed that one of our favorite Lake Minnetonka Homes was gone and a new structure was being built in its place. After a bit of research we sadly found out that the home at 2750 Gale Road in Woodland burnt to the ground Wednesday, February 12th. The Star and Tribune reported that "the fire was so large that flames could be seen from the Continue Reading
Real Estate Sales & The Stay at Home Order
The Minnetonka Real Estate market is alive and well, in fact it's booming! I am working with buyers and sellers through Governor Walz Stay at Home Order as Realtors are deemed an essential service. There have, however been a number of changes to the way we buy and sell real estate during this pandemic. Following are few guidelines that I am following to keep my clients Continue Reading
COVID-19 Impact on Real Estate Showings in North America
This article was just published yesterday by ShowingTime and the chart below is updated daily. In recent days, 2020 showing activity has fallen off from the same period in 2019 as the impact of COVID-19 continues to grow. Through mid-March, year-over-year showing activity has been higher nationwide compared to 2019. The current dip could mean a slowdown in home sales, or a more balanced Continue Reading
2019 Twin Cities Real Estate Market Report
Hot Off the Press with the 2019 Twin Cities Real Estate Market Report from the Minneapolis Area Association of Realtors. This yearly report has an abundance of information on the residential real estate activity in the 16 county Twin Cities region of Minnesota. Click Continue Reading below to view the full report. Enjoy! Continue Reading
2020 Remodeling Cost vs Value Report
Curb appeal really does have a major impact on the return you'll see at resale. Among the top 10 home improvement projects with the highest return on investment (ROI) in Remodeling magazine's newly-released Cost vs. Value Report, nine are outdoor projects. Topping this year's list is Manufactured Stone Veneer, a project that has consistently ranked toward the top of the list since the Continue Reading
Minnetonka Homes for Sale
There are currently 146 Minnetonka Homes for Sale, 113 Single family homes and 33 condos or townhouses for sale. Is Minnetonka Real Estate a good investment? Check out the Minnetonka Homes Sales chart and you be the judge! The following chart is a live feed from the MLS and is updated monthly so check back often: Continue Reading
Lake Minnetonka Real Estate
Everyone wants to know about Lake Minnetonka Real Estate, what Lake Minnetonka Homes are for Sale and what Lake Minnetonka Homes have Sold. That’s what David Keiski, the Publisher of Lake Minnetonka Navigator Magazine and I discussed when he contacted me a few months ago about writing a monthly column for his magazine. He said your article should be about what’s going on with Lake Continue Reading
The Best Dates to Sell Minnetonka Real Estate
Realtor Magazine just came out with an article about the best dates of the year to sell your home. The data was put together by ATTOM Data Solutions and they analyzed over 28 million single family home and condo sales over the past eight years to find the best time of year to sell. They found that the summer tends to be hot in real estate for more reasons than just the weather. “Since summer is Continue Reading