South Metro Real Estate Buzz

Housing Market Update - January 2020

Owatonna and Steele County
Posted by Teri Krueger on February 04, 2020 in No Category

Here is a look at how the housing markets played out in our areas during the month of January 2020


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Featured Listing - Owatonna

February 2020
Posted by Teri Krueger on February 03, 2020 in No Category
FEBRUARY 2020FEATURED LISTING705 Phelps Street E.Owatonna, Minnesota 1 story home with 3 bedrooms, 2 bathrooms, hardwood floors, dining room bay window and new kitchen appliances. Lower level is set up for a family room, small kitchen area and extra room. Metal exterior with 2 decks and a carport with cement..  Call us at 507-451-8080 or Email to: frontdesk@owatonnahome.com for more information or to schedule a showing. ... read more
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Making the Most of Open Houses

When you're ready to buy, here's what you should know
Posted by Teri Krueger on February 03, 2020 in No Category
When you're ready to buy, here's what you should know When it's time to buy a house, attending open houses is an important part of the process. Open houses have a lot to offer as part of the complex homebuying process. They enable you to familiarize yourself with neighborhoods. They can help you refine your list of needs and wants. They can clarify expectations on pricing, features and inventory on the market. It's all about gathering the information you need to make the best choice for you and your loved ones. But... read more
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Rising Costs and Reduced Inventory Challenge Home Ownership

Housing inventory shortage creates major roadblock on the road to homeownership.
Posted by Teri Krueger on October 28, 2019 in No Category
Homebuyers in the area are now facing their second consecutive year of inventory shortages. And as happens when demand overwhelms supply, prices increase. It’s the perfect storm to keep first-time buyers from achieving the American dream. But it’s also the perfect formula for motivating creative ways to save for a down payment. In a recent Bankrate survey, almost half of millennials (ages 23 to 38) said the cost of living was keeping them from buying a home. But they’re not the only ones st... read more
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Home Zone Home Connection

April 2019
Posted by Teri Krueger on April 09, 2019 in No Category
  In This Issue Welcome to April!      Featured Articles: Replace or Reface Your Kitchen Cabinets - The Options & Costs Kitchen Remodeling Decisions You'll Never Regret Tax Deductions For Homeowners - How The New Tax Law Affects Mortgage Interest Featured Listing of the Month HOUSING MARKET UPDATE Here is a look at how the housing markets played out in our communities during March of 2019!Click HERE for ... read more
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