What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be…

6 Simple Graphs Proving This Is Nothing Like Last Time

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors…

6230 Bolland Trail Inver Grove Heights, MN 55076

4BR ~3BA ~ 3 Car Garage Gorgeous wooded neighborhood with no thru traffic feels like a retreat! A beautiful kitchen with granite counters & double ovens opens to a wonderful outdoor space including a deck, screened gazebo & stamped concrete patio. The glass doors from the kitchen and walkout lower level allow easy access to…

Why It’s Easy to Fall in Love with Homeownership

Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, let’s connect to…

How to Make the Dream of Homeownership a Reality This Year

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one…

A New Way to Shop for Homes in a Virtual World

In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals –…

5036 Aldrich Ave North Minneapolis MN 55430

3BR~1BA~1 Car Detached Garage Rare opportunity to purchase a home owned by only one family and meticulously maintained. Be confident in your purchase of this well built gem! The beautiful hardwood floors throughout the main level have just been professionally refinished. Much of the plumbing and electrical have also been updated & the tub is…

Will mortgage rates remain low next year?

In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you continually hear how rates are hitting…

1322 Grotto Street North MN 55117

3BR~1BA~1 Car Detached Garage A large entry area welcomes you into this living room with a cozy brick fireplace. Hardwood floors throughout the main level. Opportunity knocks! Add equity by updating the 1/2 story and finishing the basement. A bright spacious sun porch is a great place to enjoy the view of the backyard. A…