Real Estate News - October 2019

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"How's the housing market these days", you ask? It's a question almost as common as asking about the weather, and despite worries of an economic slowdown, consumer confidence remains high. This is reflected in the steady increase in sales price despite the lack of supply, as well as attractive mortgage rates which are expected to last for some time.

Housing is one of the biggest contributors to gross domestic product (GDP) in the U.S. Being that GDP is considered the preeminent measure of economic health in a country by most analysts, it's not unfair to say that as the housing market goes, so goes the economy.

If you're looking to buy a home one thing you have in your favor as a buyer is that mortgage rates are currently near historic lows. If you're looking to sell your home, you might be excited by the fact that inventory is still generally pretty low —and low inventory has helped prices rise over the last several years.

Regardless of your goals as a home buyer or seller, it will pay off to stay up to date on how the economy is affecting the real estate market. You can count on me to stay one step ahead and give you the best information and experience needed for buying or selling a home.

So carve those pumpkins, hang those cobwebs, enjoy the fall season, and when you're ready for a change in your housing situation, don't hesitate to give me a call.

Sincerely,
Kristi Weinstock
Coldwell Banker Burnet
Phone: 612-309-8332
Email: kdweinstock@cbburnet.com

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4925 Woods Court,

Greenwood, MN 55331

Stunning Kroiss built home in Green Woods on the Lake. Recently renovated with Martha O’Hara Interiors. Serene setting with wooded backyard located in a cul-de-sac. Enjoy the gourmet kitchen, quartz counters, Thermador appliances, sunroom & patio overlooking wooded yard. Walkout lower level with entertainment room, office, fireplace and 3/4 bath.

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6025 Apple Road,

Shorewood, MN 55331

This home is situated on a .91 acre lot with a private wooded setting just blocks from downtown Excelsior, parks and trails. Spacious floor plan with a ton of natural light, large master bedroom with en-suite. Walkout lower level to the private wooded backyard with a covered patio and fire pit area.

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Kristi is an absolute pleasure to work with. From the first time you meet her, you’ll be confident and comfortable with her. She is very professional, knowledgeable, and makes the home buying/selling process much less stressful. She was great about keeping in touch; we had updates every step of the way and she was always available to answer our questions. We would highly recommend Kristi for your real estate needs; she will make the process an enjoyable one!

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Why Fall Is The Best Time Of Year To Buy A Home

If you still think that the best time to buy a home is either spring or summer, you might miss out on what makes buying a home in fall such a great idea. While it is true that the buying frenzy is usually during spring and summer, taking advantage of the many holidays during fall can finally land you your dream home.

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Home Improvement Upgrades That Pay Off At Resale

While some home upgrades are purely personal, like adding a wine cellar or a Christmas package wrapping room, others will actually help increase the value of your home. The right home upgrade can make all the difference in how much your home is worth. Check out below for some great ideas.

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