“Over the river and through the woods, to grandmother’s house we go…” is a great holiday song. It conjures up memories of snowy nights, holiday lights and temperatures that sometimes make you wonder why you live in Minnesota. The romance of winter is conducive to a lot of fun activities, but what about those of […]
Buying a Home
Protect Yourself from Wire Fraud
Residential real estate transactions involve the transfer of large sums of money. Electronic communications using emails and electronic wire transfers have aided the speed and efficiency of real estate transactions. Unfortunately, this increased reliance on electronic communication has also created more opportunities for criminals to scam homeowners. What is Wire Fraud? Over the last few […]
Inside The Numbers – October 2018
“This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” – Sir Winston Churchill, Speech in November 1942 This quote was made shortly after the British had a minor, but impactful victory over the Germans who had been pummeling the Allies until […]
Financing a Home Purchase: You don’t need a 20% down payment.
Rents across the nation are on the rise. According to Rentcafe.com, the average rent paid in Minneapolis currently stands at $1509 – a 3.1% increase in just one year. This rise in the cost of living, paired with the gradually rising interest rates by the Federal Reserve, is leading the renting population to consider the […]
Inside the Numbers – September 2018
Statistics are continuing to confirm what I have been hearing “on the street” from real estate agents and brokers; the hot spring/summer markets have given way to a cooldown. Some of this can be attributed to the annual seasonal shift that occurs when school begins, the weather cools and people shift into fall mode. Pending […]
Is New Construction for You?
The Fall Parade of Homes starts this coming Saturday, September 8th and runs through September 30th. Builders across the state will be manning their model homes every Thursday to Sunday as they anticipate potential homebuyers and new construction aficionados. As reported by the Builders Association of the Twin Cities, “The shortage of single-family homes is […]
Luxury Portfolio Forum Recap
On August 13th and 14th, Fazendin Realtors attended the Luxury Portfolio International® Affluence Forum in New York City. This was a meeting of various brokerages’ marketing professionals from across the country to connect and discuss how to best meet the needs of our clients while gaining access to the latest trends and information about today’s […]
Inside the Numbers: August 2018
As the summer of 2018 progresses into fall there is a sense within the real estate community that a shift is afoot. New listings are on an increase while sales activity has cooled slightly; this is a shift from the past few years. Meanwhile, the median sale price has increased and inventory of homes for […]
Appraisals: Who, What, When, Why & How
What is it? A home appraisal is an unbiased evaluation report of a property’s market value. Typically, home appraisals are used by lenders to determine the value of the asset (home) on which they are being asked to lend. Appraisers must follow set criteria and processes which rely heavily upon data to determine value. The […]
Agent of the Month – July 2018
Please join us in congratulating our July Agents of the Month: Jill Amundson and Laura Randall! 🏡👏