Seasonal home price cuts and a big improvement in mortgage rates over the last few weeks are contributing to a welcome improvement in homebuying conditions. The surge in mortgage rates, limited inventory, and expensive home prices this year have resulted…
Even if you have a low rate on your mortgage, do you know how much you’re paying in interest each month for your credit cards, vehicles, and other personal debts? Managing debts with high interest rates can feel like an…
Earlier this week, an article was posted to fortune.com with this headline: The housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates On first read, this clearly sounds…
Over the last week, there has been an increase in the number of news articles and talking heads warning that major home price declines are on the horizon. This negativity is largely in response to the release of Zillow's September…
By now, everyone knows that demand in the housing market has seen a bit of a slump as homebuyers hold back in hopes of improving affordability. Home prices are still near all-time highs, and last week the…
Written by Sean J Sullivan The Accessory Dwelling Unit is actually an older concept that has been making a major comeback as of late. Think: Above-the-garage suite or basement apartment. It could even be a tiny home built on your…
Refinance Benefits While the drop in mortgage rates benefits home buyers, it’s good for homeowners, too! Specifically, homeowners who would snag lower monthly payments by refinancing into a mortgage with a lower interest rate. Every time rates fall, there’s an…
How much is that rent check really costing you? There’s plenty of gray area in the debate between renting and buying a home. For years, buying a home was at the top of the list for the American dream. After…
In additions to the Minneapolis Homes REHAB program, the BUILD program is designed to turn vacant lots into new 1–4 unit residential buildings. Developing these lots into homes will help improve the neighborhoods of Minneapolis and provide more housing opportunities.…
Minneapolis Homes Development Assistance program promotes the building of 1-4 unit homes from city-owned vacant lots, substandard property, hazardous buildings, redevelopment areas, and more. These unused properties are turned into affordable housing to help Minneapolis neighborhoods grow. In addition to…
