Posts with tag 'Area Information'

We are so excited to share the news that Counselor Realty, Inc. has been awarded the Bronze for Minnesota's Best Real Estate Company! It is an honor to be selected! Minnesota's Best had over 5,700 businesses, organizations, and individuals competing to be named to the top three spots in 300+ categories. We thank you for your vote of confidence and are so proud to take home the Bronze!

When you're busy exploring Minneapolis homes for sale all day, it's normal to feel an afternoon slump. A tasty cup of iced coffee can give you the refreshing pick-me-up your need to keep moving forward on your house-hunting mission.

Luckily, there are many great local coffee shops where you can get a perfect cup of iced java. Our real estate agents often frequent them when they've had a long day of showing Minneapolis and St. Paul homes for sale. Here are a few of their favorites. 

• Quixotic Coffee: 769 Cleveland Ave. S, St. Paul, MN 55116
  Located in the trendy Highland Park neighborhood of St. Paul, Quixotic Coffee offers up a selection of amazing cold brew specialty drinks. If you're ready to take your iced coffee habit to the next level, you'll definitely want to pay them a visit.

  Click Here to Read More...

Housing 

Cash buyers continue to make up a significant portion of the U.S. housing market, with nearly one-third of home sales this year being all-cash purchases. Although investors make up a considerable number of cash sales transactions, the increasing availability of remote work during the pandemic has allowed some homeowners to sell their homes in pricey markets and relocate to less-expensive locales, where they're able to pay cash for a new home, giving them an edge in a highly competitive market.

Provided by the Minneapolis Area Association of Realtors.

Mortgage Rates

Concerns about the Delta variant, and the overall trajectory of the pandemic, are undoubtedly affecting economic growth. While the economy continues to mend, Treasury yields have decreased, and mortgage rates have followed suit... 

~Provided by www.freddiemac.com 07-22-21

With its abundance of lakes, river, and streams that have many different types of game fish, the Twin Cities has plenty of spots that are perfect for fly fishing. Whether you prefer walking a stream, wading in a river, or casting from a boat, pier, or the shore, you'll be able to do it at several area locations.
  
Try the following five fly fishing destinations around the Twin Cities and located near Minneapolis homes for sale or St. Paul homes for sale.  

1. Lake Calhoun – about 3 blocks west of Lake St. and Hennepin Ave., Minneapolis   
   Lake Calhoun is a prime spot to fish for bluegill, crappie, tiger muskie, Northern pike, largemouth bass, walleye, yellow perch, bullhead, and carp. The pier lets you cast into deep water, so you don't necessarily need a boat to reel in a big one. Recommended flies include the wooly bugger, bass popper, small nymphs, and minnow patterns. And as an added bonus, you'll be able to enjoy beautiful views of the Minneapolis skyline from the lake.

   Click Here to Read More...

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