3 Reasons Why We Are Not Headed Toward Another Housing Crash

ContentsWith home prices softening, some are concerned that we may be headed toward the next housing crash. However, it is important to remember that today’s market is quite different than the bubble market of twelve years ago.Here are three key metrics that will explain why:HOME PRICESMORTGAGE STANDARDSFORECLOSURE INVENTORYBottom Line With home prices softening, some are …

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Minneapolis Energy Disclosure Ordinance [2019]

ContentsThis Friday, February 15, 2019 the Minneapolis City Council approves new rules requiring energy disclosure.The City Council is expected to pass an ordinance giving homebuyers and renters access to more energy information.Here is a little more history and background information on the ordinance from Minneapolis Area Realtors® aka MARBACKGROUNDMAR’S CONCERNS:MAR’S RECOMMENDED ALTERNATIVES:WHAT ACTION HAS TAKEN PLACE?Sources: This …

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Market Value vs Assessed Value

Understanding the true market home value is about more than pictures, software assessments and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) …

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