Rita Marr: Local Market Knowledge

First quarter 2024 - some nice equity earned. Source: Core Logic.

If your house didn’t sell, it's natural to feel frustrated.
And when you’re ready, it’s worth it to take a look at what happened.
One thing to consider is the price.
Was it priced right? If not, that could’ve turned buyers away.
If you want someone’s help figuring out the right price or getting it back on the market with a fresh strategy, let's connect and make it happen.

Ready to plan your ultimate getaway?

Consider buying a vacation home to relax and enjoy the sun whenever you want.

From better weather to a gathering place for family and friends, many people are seeing the benefits of owning a second home.

Curious if it's right for you? Let’s chat!

https://finance-commerce.com/2024/05/minnesota-housing-prices-and-supply-increase/?_cldee=ose07j0UBSE6FrCmitZfliOltlh-dlgz1tqgVhRN-BDWb1R8cNlDahk0hBNvZt2L&recipientid=contact-64fb4c5c76ab43119bdac8270d779b9f-b68b7bb99ccd492a9dd5dea00fbb553b&esid=5e88d949-ca16-ef11-9cc6-00155d101230

Minnesota housing prices and supply increase - Finance & Commerce Both the state and the Twin Cities metro saw about a 20% increase in home listings in April, which has been followed by a modest increase in buyer activity, according to reports from the state and local Realtors associations.

Adorable South Nokomis starter home - sold in 2 days!
5616 32nd Ave S
2bd/1ba
$274,900.00

IT’S TIME FOR OUR 11th ANNUAL
PILLOW FIGHT CHALLENGE
April 1 – April 16
Benefiting our foundation partner
Bridging MN*

Here are two ways to donate:
Bring NEW pillows to your Coldwell Banker Realty office or
CLICK HERE to donate.

2024 Home Appreciation forecasts have increased!

It doesn't have to cost a fortune to increase your home value! These five steps can be easily done, and some you won't even need a professional. Are you looking to list your home soon? I can bring my expertise to any potential home sale.

www.listreports.com

Love love love Juicy Lucy’s!!!!

'Minnesota Legends: Juicy (Jucy) Lucy' documentary airing on FOX 9 this Sunday A documentary that delves into the savory history of the legendary Juicy (Jucy) Lucy burger will air on FOX 9 and FOX LOCAL on Sunday, Feb. 4.

2024 is already off to a strong start. With demand on the rise, it’s a great time to get your house in front of potential buyers. If the thought of selling has crossed your mind, this could be your golden opportunity to make a move. DM me today, and together, let's get your house sold.

Getting the scoop on market stats from MAAR’s David Arbit.

A beautiful day for a couple of open houses. Lots of buyers out looking! This one at 5116 Cedar Ave had a great view of Lake Nokomis!

Still on the fence about buying a home? Now is better than later - start your equity growing!

New listing in the Standish Neighborhood! Under 300K! Open Sunday 1-3!

4044 20th Avenue S, Minneapolis, MN 55407 2 beds, 1 bath, 1,125 sq ft - Single Family Offered at: $274,900

Great news for those waiting for mortgage rates to decline before making a move. While they’re not going back down to pandemic lows, there's been a recent, noticeable dip - and many experts believe they’ll decline even further. If you have questions about how changing mortgage rates affect your moving plans, DM me today.

How are buyers funding their down payments? Mostly through a mix of savings and proceeds from the sale of their last home...and maybe some help from Mom and Dad. One thing's for sure—there's no singular path to home ownership. If you've got questions about buying or selling, give me a call!
*Note: The numbers do not add up to 100% because people may fall into more than one category.

Finally, some good news!

Instant Reaction: Inflation, November 14, 2023 Mortgage rates are plunging with the news of inflation calming. The interest rate rises should be over, and the Fed will have to consider cutting interest rates seriously.

Thinking about becoming a homeowner? Remember, buying a home isn't just about having a place to call your own, it's also a way to build wealth since home values tend to rise over time. Let’s chat about why buying a home could be a smart investment if you’re ready and able to buy today.

In a recent survey, 45% of Americans said they believe real estate is the road to riches – that’s more than any other investment. That highlights the role many people believe homeownership plays in shaping their financial well-being and giving them a greater sense of stability. Ready to begin your journey toward homeownership? DM me today.

Real Estate continues to be a great investment!

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC] Here’s what you really need to know about a few myths causing fear in today’s housing market.

Beautiful Tangletown open today 1-3!

5017 Gladstone Ave, Minneapolis, MN 55419 - MLS 6427194 - Coldwell Banker OPEN HOUSE: Sunday, October 29, 2023 1:00 PM - 3:00 PM. For Sale - 5017 Gladstone Ave, Minneapolis, MN - $850,000. View details, map and photos of this single family property with 4 bedrooms and 4 total baths. MLS # 6427194.

No matter what you’re hearing in the news, data from multiple sources shows home prices are not falling. So, if you've been hesitant to make a move because you were worried about a potential price crash, know that prices are back on the rise nationally. Have questions about what’s happening near us? Let’s chat.