Posts with tag 'Anoka County MN'

Housing Needs

A new analysis by housing giant Freddie Mac suggests that the U.S. housing market needs 3.8 million more single-family homes nationwide to meet demand. Sam Khater, Freddie Mac's chief economist, noted "we should have almost four million more housing units if we had kept up with demand the last few years." While new construction activity has increased in recent years, it has never fully recovered to its previous peak more than fifteen years ago.  

Provided by the Minneapolis Area Association of Realtors.

Mortgage Rates

In light of the rising COVID caseloads globally, U.S. Treasury yields stopped moving up a month ago and have remained within a narrow range as the market digests incoming economic data. The good news is that with rates under three percent, refinancing continues to be attractive for many borrowers who financed before 2020. But, for eager buyers, especially first-time homebuyers, inventory continues to be extremely tight and competition for available homes to purchase remains high.

~Provided by www.freddiemac.com 04-29-21

Spring, while objectively beautiful, isn't limited to warm weather, green grass, and blooming flowers. It's also the time when nasty pests come out of hibernation hungry, homeless, and ready to mate. Your home can be the perfect source of food and shelter for pests such as ants, bees, mosquitoes, ticks, flies, spiders, termites, and rodents, unless you combat them proactively. Preventing unwanted critters from invading your home is much easier and cheaper than addressing an infestation problem. And this involves reducing attractions for pests.

And if you're putting your home on the market this spring, having a sparkling and pest-free home will help attract buyers interested in Bemidji homes for sale and St. Cloud homes for sale. Here are some effective tips on how to make your home pest-free so you can enjoy a safe and comfortable spring.

• Seal Cracks and Gaps
  Any part of your home that's connected to the great outdoors can be an invasion spot. Pests can wiggle through tiny cracks and gaps, so you should routinely inspect the exterior of your home. Some of the spots pests will sneak through include doors, windows, chimneys, utility lines, siding, and roof shingles. Repair anything that creates a possible entry point and fill small cracks with caulk to prevent pests from entering.

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You know the key to maintaining a clean environment is a place for everything and everything in its place. But the more things we accumulate, the more difficult it is to find places to keep them.

We always advise sellers that the greatest enemy of comfort is clutter. Here are a few features they have found in some of the finest Alexandria homes for sale and White Bear Lake homes for sale that can help move your house to the front of the line. The best news is that they won't break the bank.

Experienced buyers will fall in love with the house where they can envision their own belongings. But why wait for time to sell? If you're just moving into your new place, these small details will help keep your home clean and functional. With careful planning, you can maximize the space and create a relaxing environment without sacrificing your belongings.

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Does the thought of selling your home over the holiday season intimidate you? In past years, many buyers have wondered whether selling in December is a good idea. And whether you've got Minneapolis homes for sale or Saint Paul homes for sale, it's important to time things right.

You might have heard that the market is slower at year's end; that showings can interfere with holiday plans, or even that harsh winter weather can keep buyers from your doorstep.

2020, however, brings us a winter selling season unlike any other.

In short: Not only is this the best holiday season in years to go forward with your sale, it may be the best time to sell period. A unique combination of economic factors is driving a sellers' market that's enormously favorable to your plans – like no other time in decades.

And this window of opportunity will likely close by the start of spring. What is it that makes this holiday season unique for sellers? Let's take a closer look.

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