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homebuyers

What You Can Do Right Now To Prepare for Homeownership

September 2, 2021 by bobelliot

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index Read More

Posted in Home Buying Tagged home buying tips, homebuyers

What Do Experts Say About Today’s Mortgage Rates?

August 23, 2021 by bobelliot

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s Read More

Posted in First-Time Homebuyer Tagged home buying, homebuyers

Homebuyers: Hang in There [INFOGRAPHIC]

June 28, 2021 by bobelliot

  Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges.

Posted in Home Buying Tagged home buying tips, home purchase, homebuyers

Homebuyers Are in the Mood to Buy Today

June 22, 2020 by bobelliot

  According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune Read More

Posted in Home Buying Tagged homebuyers, interest rates, mortgage

A Surprising Shift to the ‘Burbs May Be on the Rise

May 14, 2020 by bobelliot

While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if Read More

Posted in Home Market Trends Tagged homebuyers, housing market

Will the Housing Market Turn Around This Year?

May 14, 2020 by bobelliot

Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will Read More

Posted in Home Market Trends Tagged homebuyers, housing trends

Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

January 20, 2020 by bobelliot

Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to get into Read More

Posted in Home Buying Tagged homebuyers

Contact Us

Bob Elliot
eXp Realty
612.868.5500
bob@mnresteam.com
7700 France Ave S, Edina, MN
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