A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation ...
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below): As the graph shows, before 2...
![Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9ddwy3008b07lcfp234buf.png)
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly pa...
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of t...
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying a house this fall, you’ll want...
When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market re...
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have...
![Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dgbnh009407lcb4g96elz.webp)
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals...
One of the major story lines over the last year is how well the residential real estate housing market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing ...
If you had the chance to meet Barbara Corcoran from the hit ABC show, Shark Tank, would you? In this episode of Brainerd Redefined, I’m going to bring you along as I attend a conference in New York with some of the top names in real estat...
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk...
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reas...
Wishing you a happy and safe Labor Day.
![Your Agent Is Key When Pricing Your House [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9didil009u07lcc3ji5xmo.webp)
Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, a...
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The ...
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices sin...
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges whe...
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans abou...
![Your Checklist To Get Ready To Sell [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dhggm009j07lcei1824ab.webp)
Some Highlights When it comes to selling your house, you want it to look its best inside and out. It’s important to focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal for prospective ...
Are you moving and wonder what it’d be like to live in the Brainerd Lakes area? In this episode of Brainerd Redefined, I’m going to give you a rundown of everything that Brainerd, Minnesota has to offer. We’ll look at the location, neig...
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that ...
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good ...
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR)...
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are...
![Options for First-Time Homebuyers [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dka6y00aj07lch3lj5f9x.png)
Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into othe...
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief...
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the ...
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who w...
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your pote...
![Sellers Are in a Sweet Spot [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dl8ed00aq07lc2tb71nin.png)
Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. ...
Chad Schwendeman
Real Estate Group
