Posts with tag 'Area Information'

Housing Needs

A new analysis by housing giant Freddie Mac suggests that the U.S. housing market needs 3.8 million more single-family homes nationwide to meet demand. Sam Khater, Freddie Mac's chief economist, noted "we should have almost four million more housing units if we had kept up with demand the last few years." While new construction activity has increased in recent years, it has never fully recovered to its previous peak more than fifteen years ago.  

Provided by the Minneapolis Area Association of Realtors.

Mortgage Rates

In light of the rising COVID caseloads globally, U.S. Treasury yields stopped moving up a month ago and have remained within a narrow range as the market digests incoming economic data. The good news is that with rates under three percent, refinancing continues to be attractive for many borrowers who financed before 2020. But, for eager buyers, especially first-time homebuyers, inventory continues to be extremely tight and competition for available homes to purchase remains high.

~Provided by www.freddiemac.com 04-29-21

What could be better than spending a beautiful spring day outdoors at your favorite golf course? Whether you're new to the game or have been anticipating your return to the golf course all winter long, this is the perfect year to embrace the game. National Golfer's Day takes place every year on April 10, and the great golf courses around the Twin Cities are gearing up for another exciting season. We have the details on six local courses where you can celebrate Golfer's Day, then enjoy some outdoor fun on the links all spring and summer long.

• Hiawatha Golf Club – 4553 Longfellow Ave., Minneapolis, MN 55407
  A long-time local favorite near Minneapolis homes for sale, the 18-hole course at Hiawatha Golf Club has been delighting golfers for nearly a century. The course is located next to the scenic Hiawatha Lake and is one of the longest public golf courses in Minneapolis. There are water features throughout the course, including 10 ponds, two holes bordering the lake, and a creek winding through the back nine.

  Click Here to Read More...

Museums offer the chance to spend some time alone or with family and friends as you explore and learn. The Twin Cities have excellent one-of-a-kind museums located near Minneapolis homes for sale and ranging from one dedicated to Russian art to one that's perfect for model train enthusiasts.
  
We recommend exploring these 5 unique museums around the Twin Cities:  

1. The Museum of Russian Art – 5500 Stevens Ave. (corner of Diamond Lake Rd. and 35W), Minneapolis, MN 55419      
   The Museum of Russian Art is North America's only museum devoted to Russian art, from Muscovite Russia to the post-Soviet period. Located in a historic building of the beautiful Spanish Colonial Revival style, it houses more than 5,000 works and holds several exhibitions each year as well as lectures, concerts, and more. Hours are 10 a.m.-5 p.m. Monday-Friday, 10 a.m.-4 p.m. Saturday, and 1-5 p.m. Sunday.

   Click Here to Read More...

Whether you're an avid bookworm or a casual reader, it's still fun to celebrate World Book Day by buying, borrowing, or donating a book (or 10!). While you're out exploring Minneapolis homes for sale, consider stopping by a couple of these bookstores, libraries, and donation centers. 

• Paperback Exchange: 2227 W. 50th St., Minneapolis, MN 55419
  A locally-owned independent bookstore, Paperback Exchange has been a favorite among Minneapolis residents since 1975. They have over 150,000 books in stock and get new shipments every day. 
  
  From new-releases to hard-to-find, out-of-print editions, you'll find everything you could dream of here. They also carry journals and notebooks, greeting cards, and more, making this the perfect one-stop-shop for all your gift-giving needs.

  Click Here to Read More...

For most of us, coffee makes the world go 'round. Whether we're powering through a long day of showing clients all the best Minneapolis homes for sale or we're relaxing and enjoying a latte with friends, our real estate agents love visiting the many area coffee shops.

Barista Day is coming up, making now the perfect time to visit some of our locally-owned coffee shops and show your appreciation! Here are a few we recommend. 

1. Cafe Astoria: 180 Grand Ave. St. Paul, MN 55102
   If you've been looking at St. Paul homes for sale, you'll want to familiarize yourself with Cafe Astoria. You'll love the warm, cozy environment and the unique food and drink menu. We recommend trying one of their signature lattes, like the Creme Brulee, or something from the Secret Menu, like the Campfire Latte Espresso or the Rainbow Matcha. Make sure you come hungry because the sweet or savory crepes are incredible!

   Click Here to Read More...