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 […]
Buying a Home
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! 🏡👏
FAZForward: We can help you Anywhere!
Did you know… Fazendin Realtors can help you anywhere! As members of the Leading Real Estate Companies of the World, we are connected to 565 firms encompassing 4,300 offices and 130,000 sales associates in 70 countries around the world. Whether you are moving from Seattle to Austin, or Minneapolis to Singapore – we can help, […]
Protecting your home against lightning strikes
Lightning is one of the leading weather-related causes of death and injury in the United States. According to the National Weather Service, these electric bolts strike the U.S. roughly 25 million times each year. It’s statistics like that that has caused the National Lightning Safety Council to dedicate a full week each year to raise […]
Pros & Cons of Owning a 2nd Home
Peter Lynch, one of the top investment advisors of all time once said, “The best investment you can make is in a single-family home.” But what about a second home, aka a cabin, is that a good investment as well? Owning a cabin as a second home comes with a long con list of additional […]