South Metro Real Estate Buzz

An Affordable Way to a Smarter Home

Smart Home Technology
Posted by Courtney Hackensmith on June 25, 2015 in No Category
Making your home smart may actually be easier and more affordable than you think. Not only do smart home appliances and technologies make a home more secure, comfortable and convenient, they are impacting the way buyers shop for real estate. This means by simply adding these products, you’ll make your home smarter while also making it more valuable.   Let’s take a look at how you can make your home smarter for under $1,000! ... read more

What do HOA Fees Cover?

Posted by Courtney Hackensmith on June 22, 2015 in No Category
Condominiums, townhomes and other properties in certain planned unit developments often come with homeowner associations (HOA).  In order to live in these developments you must pay HOA fees that are collected on a monthly, quarterly or annually basis.  Homeowner associations can prevent your neighbors from painting their homes blue and guarantee the common swimming pool is always kept clean, but can be less attractive when the rules are extremely restrictive.    If you are thinking o... read more

Housing Market is on Track for Best Year!

Posted by Courtney Hackensmith on June 16, 2015 in No Category
As we approach the midpoint of 2015, it is clear to see that the residential real estate market is on track for its best year since 2006.  Several factors indicate this positive trend in the market and it is suggested that things will continue to look positive for the duration of 2015. What is behind this surge in real estate activity? Job growth is powering the demand for homes as more than 3 million jobs have been created over the past 12 months.  It is estimated that more than 1 million of t... read more

Real Estate Market Update - South Metro

May 2015
Posted by Courtney Hackensmith on June 15, 2015 in No Category
Along with the Northfield housing market statistics that we report on a monthly basis that are specific to the Northfield community, we are starting to include market statistics for the South Metro area, specifically neighboring Dakota County.  With the city of Northfield residing in Rice County we thought it would be beneficial to provide a side by side comparison of market statistics for these two counties.   The charts below indicate statistics for the respective counties for the month of May 201... read more

When Housing is Hot, Money Doesn't Always Talk the Loudest

Posted by Courtney Hackensmith on June 11, 2015 in No Category
What do mean by the statement: "when housing is HOT, money doesn't always talk the loudest?"  Here's what we mean!According to a recent survey released by Coldwell Banker Real Estate, today's sellers are twice as likely to choose an offer based on emotion rather than money alone when compared to pre-recession years.  Thirty-six percent of sellers today said they accepted and offer based on emotion, compared to roughly 20 percent of sellers before the recession.In addition to feelings trumping fi... read more