Posts with tag 'For Buyers'

Housing 

Despite elevated demand for housing, construction of new homes fell in April, with the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reporting a 9.5% decrease in housing starts from the previous month. Rising building costs continue to hinder affordability and inventory for many homebuyers, although shortages in labor, issues with the U.S. supply chain, and lasting impact from late winter storms have also contributed to the decline in new construction activity, putting some projects on pause for the time being.  

Provided by the Minneapolis Area Association of Realtors.

Mortgage Rates

Mortgage rates are down below three percent, continuing to offer many homeowners the potential to refinance and increase their monthly cash flow. In fact, homeowners who refinanced their 30-year fixed-rate mortgage in 2020 saved more than $2,800 dollars annually. Substantial opportunity continues to exist today, as nearly $2 trillion in conforming mortgages have the ability to refinance and reduce their interest rate by at least half a percentage point.

~Provided by www.freddiemac.com 05-27-21

Anything that doesn't serve you shouldn't have a place in your home and your life. If you just bought one of Glenwood homes for sale, decluttering will make your move easier and less costly. But one of the obstacles you'll face is deciding what to do with the unloved, unused stuff you want to get rid of. Well, donating your items is a really great way to make a difference in someone's life and keep your home clutter-free. Some items, however, are better off recycled or thrown away. As a general rule of thumb, only allocate something to the "Donate" pile if it's in working condition, looks appealing, and is of decent quality. Items that won't be doing anyone any good should be tossed. Read on to get an idea of what to and what not to drop off at your local donation center.

• Unwanted Clothing
  If you haven't won the clothes in the back of your closet for over a year, it's time to make room for new love. Sort through your closet and donate old clothing, shoes, and accessories that you never wear but are still in good condition. The chances of that sock being reunited with its partner are slim, so you're better off tossing orphaned socks or repurposing them as dust rags. Anything in your closet that has holes or stains should be tossed.

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Settling into the home you chose from  Bemidji homes for sale or Brainerd homes for sale? If your home has a deck, it can be the center of attention for your outdoor parties or for your daily relaxation throughout a good part of the year. But a deck is also a responsibility. Plan to inspect the deck each year to make sure it's safe. A good maintenance regimen can preserve your deck and ensure those who use it are safe.

• Check Your Deck Every Spring
  Now's the time to give your deck a thorough once-over. The North American Deck and Railing Association encourages deck owners to check out the following:
  
  
  • Possible rust on metal sections such as connectors and bolts
  • Possible wood rot, including telltale signs of mold
  • Attachments of decking floor

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Have you decided that it's time to move? You may have been looking at some beautiful Glenwood homes for sale or perhaps the Maple Grove homes for sale and are getting ready to take the leap into a new place. Looking around at your current home, you may decide to hire movers to help. Before you do, there are a few important steps you need to take. 

1. Purge 
   Now is the time to get rid of all of the things you might have a use for someday but can't remember what that is. Organize into toss, donate, sell, and keep. Movers can't make these personal decisions for you. If you don't do it, you'll find yourself taking that collection of fast food cups to your new place.

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You can't skip a stone these days without hitting some fabulous Minneapolis homes for sale and Saint Paul homes for sale right on the water. If you have always wondered what waterfront living was like around the Twin Cities, now is a great time to find out. For buyers looking to make a splash with their next home, the following are five reasons that waterfront living at White Bear Lake and other lakes in the region is the right way to go.

1. Waterfront Homes Appreciate. Waterfront properties are always premium properties. There are only so many lakes and rivers, and over time, the number of available properties becomes scarcer. This makes them ideal for investment properties as well as potential rentals.

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