Minnesota Real Estate & Property Management News

How Much Equity Do You Have in Your Home?

How Much Equity Do You Have in Your Home?  You May Be Surprised! CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017.  This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation. “U.S homeowners with mortgages (roughly 63% of all the properties) have seen their Continue Reading
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10 Reasons to Sell Your Home with Acuity Group!

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 showings and negotiating your sale - Acuity Group understands what skills are needed to successfully sell homes! In fact, we have hundreds of home sales and Continue Reading
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Pre-Approval Should Be Your First Step in the Home Buying Process

Pre-Approval Should Be Your First Step in the Home Buying Process: If you are in the market to buy a home, your first step should be scheduling a meeting with a mortgage lender so you can get pre-approved for your loan. In our local housing market, the number of buyers searching for their dream home greatly outnumbers the amount of homes Continue Reading
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Elk River area property management brokerage

Benefits of Hiring a Rental Property Manager

If you have attempted rental property management on your own, you know what a demanding, time consuming and unprofitable task it can be.  Many skills are required such as: Establishing rental rate Advertising Tenant screening Lease & contract execution Security and pet deposits 24/7 emergency service Rent collection Precise accounting Eviction process Knowledge of Minnesota Landlord/Tenant Law Knowledge of Federal Continue Reading
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Selling Your Home? The first 30 days matter - make sure to price it right!

Selling Your Home? The First 30 Days Matter!

Selling your home?  In today’s strong sellers' 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 the market, pricing is a major factor in obtaining the highest offer price in the Continue Reading
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Mortgage Tips: Pre-Qualified vs. Pre-Approved – What’s The Difference?

Home Buyer 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 Continue Reading
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Don't Become a Victim of a Rental Scam

How to Avoid a Rental Property Scam

(Source:  Angela Farrell, 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.  Listed below are tips on how to avoid a rental property scam. Example, Angela, recently found a perfect rental house Continue Reading
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Home buyer tips in a hot sellers market

Home Buyer Tips in a Hot Sellers’ 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 home buyer tips to help you win in a hot sellers' market.   1.) Stick to your Continue Reading
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Benefits of downsizing lifestyle and home

More from Less: The Benefits of Downsizing

Benefits of Downsizing: According to AARP, for the next 17 years, baby boomers will be turning 65 at a rate of about 8,000 a day.  By 65, most people are thinking about downsizing so they can enjoy their newfound freedom.  But just thinking about this daunting task can put a bead of sweat on your brow!  So let’s consider some of Continue Reading
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Home Not Selling? Consider Renting it Out!

If you are in a situation where you must sell your home but aren’t able to sell at a price that will pay off your mortgage, you may want to convert your home into a rental property!  Renting out your home can lessen the financial burden, and you might even be able to turn a small profit! Here are reasons Continue Reading
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Home Buying Tip: How to Select the Best Location

Ask any real estate agent to list the three factors that ensure a solid home investment, and you’ll likely hear: “location, location, location.”  Remember, you can’t move a home, so buying a home in the best location is the surest way to guarantee that your home purchase is a home run! So if “location, location, location” is so important, what Continue Reading
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Your Local Home Buying Experts!

Click HERE to Set Up Your Custom Home Search! Buying a home is an exciting but complex adventure. It can also be very time-consuming and costly if you’re not familiar with all aspects of the process, and don’t have all the best information and resources at hand. Acuity Group’s skilled  Home Buyer’s Agent will guide you through the minefield of Continue Reading
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Looking to Sell Your Home?

Looking to Sell your home in Elk River, MN or surrounding areas?  We will provide you with a FREE EVALUATION of your home with absolutely no obligation! The spring housing market starts in late February.  List now and beat the competition! Buyers are out in numbers and very motivated to buy right now!  Sell quickly - at top dollar! Click HERE Continue Reading
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U.S. HOME SALES HIT 11 YEAR HIGH!

TAKE ADVANTAGE OF THIS STRONG SELLERS' MARKET!  Homes are selling quickly at TOP DOLLAR! Twin Cities Housing Market Stats:  January 2017 to January 2018 Average sales price:  $294,580 - up 7.6% Homes for sale:  11,165 - down 16.1% Median days on market to offer:  27 days - down 18.2% Months housing supply:  2.2 months - down 18.5% 5 Reasons to Continue Reading
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Buying a Home in 2018? You’d Better Hurry!

  Figuring out when to enter the real estate market can be quite intimidating—especially when prices are high and choices are limited.  Fortunately for buyers, the 2018 housing market forecast shows moderating prices and rising inventory levels! These 3 factors could mean 2018 will be your year to take the home buyer plunge!   1. Interest rates are going up: Continue Reading
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Start 2018 Off Right! Get Ready to List Your Home For Sale Now!

A new year is under way and many homeowners will be deciding if this is the year that they will sell and move to either a larger or smaller home.  Many sellers will make the mistake of waiting until spring to list their home for sale.  In the past, this decision made sense. However, the winter of 2018 will not Continue Reading
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Townhome in Elk River – Offer Accepted in Only 2 Days!

SFeatures; 2 Bedrooms plus loft, 3 Bathrooms; including private master bath, 1,623 finished square feet, 2 stall garage.  18568 Tyler Drive ~ Elk River MN.  List price: $172,500 This 2004 built townhome is move in ready and in a perfect location!  Nicely updated with new carpet throughout.  Tile floors great you the foyer and hardwood floors lead through the kitchen.  Continue Reading
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Strong Seller’s Market to Continue into 2018

The sellers in the Twin Cities region of Minnesota are definitely in control!  Check out the market stats for the period spanning December 2016 to December 2017: There were 61,184 closed sales in all price ranges. The average sales price was $293,666, up 7.5% The median days on market to contract was 27 days, down 18.2%. This same period ended Continue Reading
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Home Not Selling? Consider Renting it Out!

If you are in a situation where you must sell your home but aren’t able to sell at a price that will pay off your mortgage, you may want to convert your home into a rental property!  Renting out your home can lessen the financial burden, and you might even be able to turn a small profit! Here are reasons Continue Reading
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Remodeling Projects that Yield the Highest Return Upon Resale

Homeowners who take on remodeling projects gain not only equity and more resale value in their home, they are also more likely to find satisfaction and enjoyment from their home, according to a new report from the National Association of Realtors®, with insights from the National Association of the Remodeling Industry. The 2017 Remodeling Impact Report, www.nar.realtor/reports/remodeling-impact, the second of its kind Continue Reading
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