Melissa's Blog Content

14928 Oak Ridge Court W Burnsville MN 55306
Melissa Gootee 9 months ago
New Listing 14928 Oak Ridge Court W Burnsville MN 55306 MLS #6375882   4 Beds, 4 Baths, 3 Car Garage On .51 Acres   $525,000   Status: Active Residential

 

     
  Description of 14928 Oak Ridge Court W Burnsville, MN 55306 Welcome to this 2-story home in Burnsville, MN. Set on a 1/2 acre lot in a quiet cul-de-sac, this residence offers privacy and a serene atmosphere. Surrounded by lush woodlands, it provides a northern retreat feel. Conveniently located in the...
Embracing the Changing Landscape of New Homes Weekly Update Ending June 24th 2023
Melissa Gootee 9 months ago

Embracing the Changing Landscape of New Homes 

Weekly Update Ending June 24th 2023

A Promising Outlook for Homebuyers

The housing market is constantly evolving, responding to various factors that shape buyers' preferences and needs. The latest Weekly Market Activity Report sheds light on the shifting dynamics, highlighting changes in home sizes and key market indicators in the Twin Cities region. As we explore the data, it becomes evident that the market is undergoing a transformation, presenti...
Strong Competition in the Housing Market - Weekly Market Report July 1st 2023
Melissa Gootee 9 months ago

Strong Competition in the

 Housing Market:

A Ray of Hope for Middle-Income Buyers

 

In recent times, the real estate market has become increasingly competitive, leaving buyers feeling the crunch when searching for their dream homes. However, amidst this challenging landscape, there is a glimmer of hope for middle-income households, who have been experiencing the strongest competition. Despite a shortage of homes in their price range, buyers earning up to $75,000 per year are still finding oppor...
Buyers Is This The Right Time For You?
Melissa Gootee 1 year ago

Buyers Is This The Right Time For You?

First let's paint a picture of what's happening right now. I am not going to tell you there is never been a better time to buy because that might not be the case for you.

But we all know that people sometimes need to move, and for various reasons. So let's look at where we are at and some solutions to help you get into the home you need and want!

First, let's look at why the Feds are raising the rates. They are aggressively raising rates in the hope to cool...
Let's Talk About a Down Payment
Melissa Gootee 3 years ago

  LET'S TALK 
About The Down Payment    

For most first time home buyers, the down payment is the biggest barrier between turning a home buying dream into reality.

In today's market place, most home buyers will be required to put down 20% of a home's purchase price. While that may seem like a big barrier, you should keep in mind that:

Banks are going to require it – qualifying for a mortgage will be much easier if you can meet the 20% threshold. The more you put down on a house, t...
Your Monthly Skinny On The Twin Cities Market
Melissa Gootee 3 years ago

Your Monthly Skinny On The Twin Cities Market For The Month Of November 2020

Watch the quick video to catch up on this month’s active, pending & closed sales along with other great market information. If you have any questions on this or any of the videos just let me know I am here to help!

 

Today's market can be challenging! I would the love the opportunity to sit down with you to discuss today’s challenges and how to Market your Home For All It's Worth and help you through all the next steps.
Your Market Overview For 2020, Is there a market bubble coming?
Melissa Gootee 3 years ago

Your Market Overview For 2020, Is there a market bubble coming?

Wow, what a year it has been! What does today's market look like you say? Let's take a look!

I looking at things historically so you really can see the big picture. Covid19 definitely had it challenges but really it did not affect Minnesota's market.

Let’s compare 2019 to 2020:

New Listings are down just a small percentage but pending sales are up over 9%, closed sales are up over 6% from last year. Our market time is down 10% from...
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