A sellers market?
Although anything you read in the newspaper should be taken with a grain of salt, numbers do seem to indicate that the Minneapolis real estate market is becoming a “sellers” market. Mortgage rates rise, as do homes listed for sale, and new home construction. The spring real estate market will be upon us soon though, and things could quickly change as activity picks up.
Important to remember
Now is the time to remember how much value a licensed Realtor® can bring when you decide to sell your house. Pricing is more important than ever, so getting a professional real estate agent to perform an analysis of the surrounding area and provide you with a CMA (Competitive Market Analysis) so you can price your home right the first time.
Its important to be realistic about what your home is worth, and even more important to have an experienced professional assist you in negotiating offers to purchase your home. Oftentimes, the buyers will have an agent, and coming up against a “for sale by owner” listing, these professionals can normally smell desperation, and you may end up giving up much more than you planned to.
There will always be “predictors” on the market trying to anticipate home design trends. Many times, they predict that a trend is going out when large home improvement stores offer it at a discount, while the industry shops around for newer, more expensive looks. Sometimes the predictors are right, and sometimes they are wrong. For example, stainless steel appliances have been declared “out” for years, yet they are still hugely popular and proudly advertised in home listings.
Putting your home on the market soon? If your window of time is short, and you budget is small, consider these small costmetic fixes to help your house show better to potential buyers. 






















