Team Nexus Real Estate Blog
5 Year Live & Interactive Illustration:
Number of Homes For Sale in the Twin Cities
Supply and Demand – This is one of 5 critical factors that affects a home sellers bottom line. Most Minnesota home sellers generally think that the best time to have their properties listed for sale is in the spring. Seems logical since that’s when the lawns are green and everything is beginning to bloom. However, from a simply supply and demand perspective; a home seller might actually be better off selling when fewer competing homes are available in the area.
The illustration above onl...Twin Cities Real Estate Market Update through September 2016
After the long awaited decision of their 2 day meetings in Washington; the Fed policymakers announced and launched the not so suprising news of increased short term interest rates. The Feds feel based on surveys and indicators that the economy has improved enough to be able to handle higher interests rates and wants things to be back to normal according to their statement released on December 16th, 2015.
Although the federal fund rate increase was quite small (approximately 0.25-0.5 points) th...EXPLODE Real Estate Career & Development School
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