Melissa's Blog Content

Unlocking Opportunities: Navigating the Real Estate Market in May 2023
Melissa Gootee 10 months ago

 🏡 Unlocking Opportunities: Navigating the Real Estate Market in May 2023 📊

 Are you curious about the latest trends and insights in the real estate market? In this blog, we'll delve into the monthly indicators for May 2023, as provided by Minneapolis Area REALTORS®. Brace yourself for a comprehensive overview that will help you make informed decisions in today's dynamic housing landscape. Let's dive into the numbers and unlock the potential opportunities! 💼

Understanding the Trends 📊 In recen...
Builder Confidence Soars, Twin Cities Real Estate Market Thrives!
Melissa Gootee 10 months ago

🏡 Builder Confidence Soars, Twin Cities Real Estate Market Thrives! 📈

Welcome to our Weekly Market Activity Report, where we unveil the exciting trends and vibrant dynamics of the real estate market. In this edition, we dive into the thrilling world of the Twin Cities region, where 🏗️ builder confidence is skyrocketing, and the market is buzzing with opportunities. Join us as we take a closer look at the numbers and show you why now is the perfect time to embark on your real estate journey. Let...
Perception Vs Reality of Today's Market 2023
Melissa Gootee 1 year ago

Perception Vs Reality of Today’s Market 2023

 

As we head into the spring of 2023, many people are wondering about the state of the real estate market. Is it up? Down? Stable? The truth is, it can be difficult to know for sure without looking at the data.

That's why I turned to the Minneapolis Association of Realtors for a comprehensive look at the current state of the market. In this video, we'll be covering a 1 year, 5 year, and almost 20-year view of the Twin Cities market.

 

 

(Make sure to...
Renting vs Buying?
Melissa Gootee 1 year ago
Renting vs Buying?      The choice between renting and buying a home is influenced by a number of variables, such as your financial status, lifestyle preferences, and long-term objectives. The following are some things to remember:

Affordability: Purchasing a property involves making a down payment, paying closing costs, and making recurring mortgage payments. Contrarily, renting typically just calls for a security deposit and monthly rent payments.

**Last fall we had a little bit of a mar...
Whats Happening in the Housing Market Today?
Melissa Gootee 1 year ago

Whats Happening in the Housing Market Today?

With so much recent change in the housing market, you probably have questions about what it all means for your homebuying plans this spring. 

   What’s Going on with Mortgage Rates?

Last year, mortgage rates more than doubled within the calendar year. That’s never happened before, and the rapid rise caused many buyers to put their plans on hold. Today, rates are still quite volatile. With experts projecting rates will stabilize this year, that could...
Your Market Watch & Trends  - October 2022 Edition
Melissa Gootee 1 year ago

Market Watch & Trends

What can we tell about TRENDS?? In today’s market there is some uncertainty. Some say we are in a recession and some say No, not really! Some of the best economists don't even agree completely on it, but when it comes to our real estate market most are certain our housing market is stable and not crashing like some doom and gloomers want you to think, and I happen to agree.

What we do know and can watch is real data straight from the source, our Northstar mls system. This i...
Market Watch & Trends - July 2022 Edition
Melissa Gootee 1 year ago

Market Watch & Trends

What can we tell about TRENDS?? In today’s market there is some uncertainty. Some say we are in a recession and some say No, not really! Some of the best economists don't even agree completely on it, but when it comes to our real estate market most are certain our housing market is stable and not crashing like some doom and gloomers want you to think, and I happen to agree.

What we do know and can watch is real data straight from the source, our Northstar mls system. This i...
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