Tuesday, June 18, 2024 / by Brittany Aspenson
5 DECISIVE QUESTIONS TO ASK YOUR SIGNIFICANT OTHER BEFORE BUYING A HOUSE TOGETHER
While it's a cliche that communication is key among successful couples, it couldn’t be any truer and more crucial if you’re planning to buy a house together. Not only are you going to make one of the most fulfilling purchases of your life—but you’re also going to experience the joy and hardships of homeownership with the person you love.
Tuesday, June 4, 2024 / by Brittany Aspenson
THE BIGGEST PROS AND CONS OF BUYING A HOUSE NEAR A HIGHWAY, AIRPORT, AND OTHER LANDMARKS
If you're house-hunting for your ideal property, you might have heard about the “location, location, location” mantra that’s prominent in real estate. Here we’ve listed five locations that might make you think twice before living near them.
Tuesday, April 30, 2024 / by Brittany Aspenson
5 COMMON REASONS FOR BUYER'S REMORSE AFTER PURCHASING A HOME
What is home buyer's remorse?
Buyer’s remorse is a feeling of regret, guilt, or anxiety after making a purchase, thinking that it’s a wrong decision. It’s also known as buyer’s regret or buyer’s disappointment. While it can result from any sort of purchase, even the smallest ones, it usually occurs after a significant commitment, such as buying a house or a car.
Some homeowners feel buyer’s remorse after purchasing a home. They either feel that it was an outright mistake or think that there’s a better option for them out there. Buyer’s remorse is common, especially to first-timers. In fact, a 2022 survey of homeowners found that more than half — 60 percent — feel some form of buyer’s remorse over their housing purchases. Regrets are especially common among those who bought a home during the pandemic era (2020 or later), when sale prices began to boom.
After all, a home is typically one of the biggest i ...
Buyer’s remorse is a feeling of regret, guilt, or anxiety after making a purchase, thinking that it’s a wrong decision. It’s also known as buyer’s regret or buyer’s disappointment. While it can result from any sort of purchase, even the smallest ones, it usually occurs after a significant commitment, such as buying a house or a car.
Some homeowners feel buyer’s remorse after purchasing a home. They either feel that it was an outright mistake or think that there’s a better option for them out there. Buyer’s remorse is common, especially to first-timers. In fact, a 2022 survey of homeowners found that more than half — 60 percent — feel some form of buyer’s remorse over their housing purchases. Regrets are especially common among those who bought a home during the pandemic era (2020 or later), when sale prices began to boom.
After all, a home is typically one of the biggest i ...
Tuesday, March 5, 2024 / by Brittany Aspenson
WHAT TO LOVE (AND HATE) ABOUT CORNER LOTS
What to Love (and Hate) About Corner Lots: Factors to Consider Before Buying
Whether you're house-hunting for your dream home or looking for a lot to build it, you might have come across a corner lot and been contemplating if it’s a good location.
Whether you're house-hunting for your dream home or looking for a lot to build it, you might have come across a corner lot and been contemplating if it’s a good location.
Thursday, May 5, 2022 / by Brittany Aspenson
Where To Find a Less Competitive Market
A few markets where buyers will face less competition for homes.
Many buyers are either uncomfortable or unable to compete in the many multiple-offer situations throughout our Twin Cities market. Today I wanted to talk about some of the less-competitive markets where you may have more time to make a decision and less pressure to offer so much over asking price.
The first market to look at is the downtown condo market of Minneapolis and St. Paul. Minneapolis has 3.5 months of inventory, and St. Paul has 2.5 months, which is quite a bit more than most markets. The suburbs of these areas are more competitive, with just 0.9 months of inventory. Given that there’s more supply to choose from, you’ll have more time to consider your decision and make the best choice.
The prices in this market are good, too. The list-to-sales price ratio in Minneapolis is 99%, St. Paul’s is 100%, and it’s 102% in the outer suburbs. That means you won’t have to bid as ...
Many buyers are either uncomfortable or unable to compete in the many multiple-offer situations throughout our Twin Cities market. Today I wanted to talk about some of the less-competitive markets where you may have more time to make a decision and less pressure to offer so much over asking price.
The first market to look at is the downtown condo market of Minneapolis and St. Paul. Minneapolis has 3.5 months of inventory, and St. Paul has 2.5 months, which is quite a bit more than most markets. The suburbs of these areas are more competitive, with just 0.9 months of inventory. Given that there’s more supply to choose from, you’ll have more time to consider your decision and make the best choice.
The prices in this market are good, too. The list-to-sales price ratio in Minneapolis is 99%, St. Paul’s is 100%, and it’s 102% in the outer suburbs. That means you won’t have to bid as ...
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