Barker and Hedges Real Estate Blog

Twin Cities Real Estate Market Update - Coronavirus Impact Week 3

This is our week 3 update on the impact the Covid-19 Coronavirus pandemic is having on the local Twin Cities Real Estate Market.  Check here for our Week 1 and Week 2 impact reports to watch how things have changed.

The Twin Cities real estate market is still active, but but we are now reporting all 3 key indicators are lower when compared to the same week in 2019.  These stats are provided by the Minneapolis Association of Realtors for the week ending March 28, 2020.Twin Cities Market Statistics as of March 28, 2020...

Twin Cities Real Estate Market Update - Coronavirus Impact Week 2

This is our week 2 update on the impact the Coronavirus pandemic is having on the local Twin Cities Real Estate Market.  Check here for our Week 1 impact report.

The Twin Cities real estate market continues to show signs of life, albeit at a slower pace than would normally be expected in late March.  These stats are provided by the Minneapolis Association of Realtors for the week ending March 21, 2020, which represents the second week of social distancing practices.Twin Cities Market Statistics as of March 21, 2020  New Listing inventory: up 16% over the same period in 2019.  This...

Twin Cities Real Estate Market Update - Coronavirus Impact

We are frequently asked how the Coronavirus pandemic is affecting the local Twin Cities Real Estate Market and wanted to share some thoughts from the front line.

Like everyone, this pandemic is impacting the real estate industry and is changing how we do business, but it has not shut down the real estate market.  Let’s look at some current statistics to help identify what is happening right now.  Our intention is to share this information with you weekly, so you have the most up to date information available as we navigate this unprecedented situation.

Let’s review the most recent data from the Minneapolis Association of Realtors.  This information is for the week ending March 14, 2020, which represents the early stages of our current social distancing practices.Twin Cities Market Statistics as of March 14, 2020...

Don’t Throw Your Money Away on Unnecessary Home Improvements

Before you potentially waste thousands on unnecessary upgrades, let’s talk.

Too often, we’ll meet with a seller and they’ll tell us about all the great home upgrades they’ve made. New windows, new siding, new roof, a bathroom remodel—you name it! The problem with investing in your home is that while some projects will get you your money back, ...

A Closer Look at How Long Certain Systems in Your Home Last

How long should a furnace or water heater last in your home? We’re answering that question and more today.

Today we’re going to be talking about costly, big-ticket repair items in your home. A well-maintained home should last decades, if not centuries. We’ve sold homes built in the 1800s, new construction homes, and everything in between. One of the...

Do Fogged Windows Need to Be Entirely Replaced?

If you’ve got fogged windows, you may want to think twice before entirely replacing them. In some cases, the fix may be more simple (and less expensive) than that.

Today I’d like to shed some light on a common concern among buyers and sellers in our market: fogged windows. This seemingly small detail can cause a lot of anxiety, as many people assume that the only way...

What’s Happening in the Twin Cities Market?

Our median sale price has continued to rise and currently sits 10% above its previous peak. Here’s what else you need to know about our current market.

It’s time for another update on the Twin Cities real estate market. First, we have some very exciting news. Looking back, the previous peak of our market was in 2006 and 2007. During that time, the median...

Why You Want to Take Your Photos Now

If you're interested in selling in the spring, now's a great time to get started.

Are you looking to list your home in the spring? Well, if so, I have a couple of great tips to share with you.

Since the spring market starts in February and March, there could be a lot of snow on the ground. Buyers will wonder what your yard looks like, so I suggest that you get our photographer...

How Will the Tax Reform Act Impact Our Twin Cities Market?

Though there were some key changes brought to our real estate market by the new tax reform act, the majority of us won’t be affected by them.

There’s a lot of news out there about the new tax reform act, and we’ve summarized some of the key changes that will impact our real estate market the most.

The first change involves the deduction for property taxes....

Market Update: 2017 vs. 2018

It’s time to look back at 2017 and forward to what we can predict for our market in 2018.

 

Now 2018 is underway, it’s time we take a look back at what we saw from our market in 2017, as well as look forward to what we should expect for the rest of this year.
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