Minnesota Real Estate & Property Management News

Meet Lynne Sampson – Leasing Assistant at Acuity Group

Lynne joins Acuity Group with 20 years of mortgage experience. Starting as a part-time Receptionist while in high school, Lynne worked her way up to her last position as Operations Manager. She enjoyed meeting new clients, collecting and organizing documents, thinking outside the box for unique borrowers or properties, and teaching otherswhat she had learned. In 2006, Lynne’s husband received Continue Reading
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July 2017 Housing Market Stats: Twin Cities Region of Minnesota

Home sellers in the Twin Cities region of Minnesota are definitely in control!  Check out the market stats for the period spanning July 2016 to July 2017: There were 59,673 pending sales; up 1% There were 59,833 closed sales in all price ranges; up 3.4% The average sales price was $286,562; up 6% The median days on market to contract Continue Reading
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More U.S. Households are Renting Than at any Point in 50 Years!

Reprint from Elk River Star News & Anoka County Shopper, "Real Estate News by Stephanie Danielson"  8/5/17 issue Despite the rebounding housing market, the national rate of homeownership rate was 63.7% in the second quarter 2017, up slightly from a 48 year low of 62.9% in the second quarter of 2016.  This low homeownership rate equates to an exceptionally strong Continue Reading
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Selling Your Home? The First 30 Days Matter!

Reprint from Elk River Star News & Anoka County Shopper, "Real Estate News by Stephanie Danielson"  7/22/17 issue In today’s strong seller’s market, where demand is outpacing supply, pricing a home correctly is one of the biggest challenges sellers face.  In light of the fact that new listings receive the most showings in the first 30 days of being on Continue Reading
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10 Reasons to List Your Home For Sale with Acuity Group

Whether you are selling your first home or your fiftieth, it’s important to arm yourself with the right information in today’s fast paced real estate environment. Selling your home can be an overwhelming experience. Acuity Group’s experienced Realtors are here to procure the best possible terms and professionally represent you through the entire process.  From home repairs and staging, to Continue Reading
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Can You Afford to Buy a Home?

Purchasing a home is one of the most important and rewarding decisions a person will make, which also means it is one of the most stressful!  With all of the steps, money and people involved, it is easy to be overwhelmed.  Listed below are the steps and associated expenses that you must be prepared for, if your goal is to Continue Reading
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Why You Should Hire Acuity Group to Manage Your Rental Property

Looking for a professional Property Manager to handle all aspects of your rental property?   If your answer is yes, look no further!  Acuity Group is a full service Property Management company, located in Elk River, MN. We specialize in leasing and management of residential homes within a 20 mile radius from our office.    Three Questions for You:   Continue Reading
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Mortgage Tips: Pre-Qualified vs. Pre-Approved – What’s The Difference?

  Without thoughtful preparation, many buyers get drawn into the mistaken notion that if a lender “pre-qualifies” them for a mortgage this means that they have been “pre-approved” for a home loan.  Unfortunately, there's a world of difference between these two terms.  If you've ever been confused by the two, we'll bring you up to speed on how these terms Continue Reading
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Pre-Approval Should Be Your First Step in the Home Buying Process

Reprint from Elk River Star News & Anoka County Shopper, "Real Estate News by Stephanie Danielson"  7/8/17 issue. In our local housing market, the number of buyers searching for their dream home greatly outnumbers the amount of homes for sale.  This has led to a competitive marketplace where buyers need to be prepared to stand out. One way to show you Continue Reading
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Meet Sara Hill, Office Administrator at Acuity Group

Sara Hill has been in the Real Estate industry since 1998. Starting as a Realtor’s Assistant, she attained a firm knowledge of the real estate business from the ground up. This has guided her through the years and continues to be the foundation of her real estate expertise. Sara joined Acuity Group in 2010 and began working in property management Continue Reading
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Strong Seller’s Market to Continue into Summer of 2017

The sellers in the Twin Cities region of Minnesota are definitely in control!  Check out the market stats for the period spanning May 2016 to May 2017: There were 59,680 pending sales; up 1.2% There were 59,988 closed sales in all price ranges; up 3.6% The average sales price was $281,169; up 5.1% The median days on market to contract Continue Reading
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Home Buying Tips in a Hot Seller’s Market

When inventory is low, the housing market becomes very competitive and home prices tend to rise.  If you plan on buying a home in this environment, you need to plan ahead to avoid being overwhelmed and losing out.  Listed below are 5 tips to help you navigate. Stick to your budget: Meet with a mortgage lender to get “pre-approved” so Continue Reading
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Important Tips for Buyer’s Final Walk Through

The final walk-through is a very important event and gives homebuyers an opportunity to inspect a property before closing on the sale of a property. During the walk-through, buyers can determine if the repair work they requested in the sales agreement has been completed.  They can also confirm that the condition of the property has not deteriorated since last seen. The walk-through takes place right before closing, so it’s Continue Reading
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Nick Zerwas Joined the Acuity Group Team!

Acuity Group is proud to announce that Nick Zerwas- Realtor is now part of our team! Nick also serves in the Minnesota House of Representatives for District 30A. Nick grew up in Elk River, has deep roots in his community, and truly cares about the people who live here. Nick feels as though he knows nearly everyone in town (and Continue Reading
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Rental Scams That Anyone Can Fall For and How to Avoid Them

Source: Angela Colley | Realtor.com The rental market is tough enough without having to deal with fake ads and crooks looking to steal your money.  But it happens all the time.  And it's alarmingly easy for these rental scams to rope in even the smartest among us. Take, for example, Angela Farrell, a single mom in West Chester, OH. She recently found a perfect rental house for her Continue Reading
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Low Inventory Causes Home Buyers to Consider Fixer-Uppers

First-time home buyers are showing a stronger desire for taking on remodeling projects. First-time buyer-renovators in 2016 spent $33,800, on average, on their projects – a 22% increase over 2015, according to the sixth annual Houzz & Home survey of more than 100,000 respondents in the U.S. "Younger and cash-constrained first-time buyers are responding to the low inventory of affordable Continue Reading
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9 Reasons Why Some Homes Sell Faster Than Others

  Beyond the obvious elements such as location, size, bedroom and bath count, there are other factors that can affect how quickly your home will sell.  Listed below are 9 very important factors that will help sell your home for the highest price, and in the least amount of time!     Curb Appeal: Realtors named curb appeal the #1 Continue Reading
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5 Nosy Questions To Expect From Your Mortgage Lender

Reprint:  The Mortgage Report.  Operated by Full Beaker, Inc. NMLS#1019791 Your Lender Is Nosy (And Sometimes Rude) Million of mortgage applications are given to lenders each year. Some are for buyers of homes; some are for homeowners looking to refinance. All can feel "intrusive". As part of the steps of a standard mortgage application, mortgage lenders gather basic information about Continue Reading
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Strong Seller’s Market to Continue into 2017

The sellers in the Twin Cities region of Minnesota are definitely in control!  Check out the market stats for the period spanning January 2016 to January 2017: Pending sales in the Twin Cities region were up 5%. There were 59,997 closed sales in all price ranges, up 5.3%. The median sales price was $232,900, up 5.9% The median days on Continue Reading
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Zimmerman Minnesota Home Rental & Property Management News

    Zimmerman, Minnesota and surrounding townships have been a very popular area for tenants seeking residential rental homes.  We currently have many pre-screened tenant prospects that are seeking a single family home or townhome to rent in the Zimmerman, Minnesota area. The top 5 reasons that rental tenants seek the Zimmerman, MN area: Elk River School District's positive reputation Continue Reading
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