Barker and Hedges Real Estate Blog

When Is the Best Time to Sell in 2018?

When is the best time of year to put your home on the real estate market? It’s coming sooner than you think.
 



Just a few months ago, we talked about the best time of year to buy a home. We came to the conclusion that the months of November, December, and January were the ideal time. Today we’d like to talk about the best time of year to sell a home.

It should come as no surprise that the best time of year to sell your home is when the most buyers are out there in the marketplace.
That tends to coincide with when the inventory starts building. Typically, we start seeing people putting their homes on the market in mid-to-late January.

"The late winter/early spring months are best."


The home sellers that list during that time tend to be on the beginning edges of the peak selling season. We usually see the peak...

Happy Holidays From The Barker Hedges Group

We’ve had a great year in 2017 thanks to all of you. We’re looking forward to an even better one in 2018.

 

"This has been a great year for us."

On behalf of everybody here at the Barker Hedges Group, we want to wish you a happy holiday season. This has been a great year for us and we’re really appreciative of the support from all of our team members and clients. We think there are some really exciting things ahead for us all in 2018. In the meantime, don’t hesitate to reach out to us with any questions.

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When Is the Best Time to Buy?

When is the best time of year to buy? Brandon Hedges and I have the answer.
 

Today I’m here with Brandon Hedges, my colleague here at the Barker Hedges Group, to discuss when’s the best time to buy.

Our clients often ask us when is the best time of the year to get a great deal on a home, whether that be the price, the terms of their closing date and so on. Essentially, they want to know when the seller is going to be the most willing to negotiate with them.

There’s kind of a cycle that we talk about a lot in real estate in terms of going from the peak to the valley and then back to the peak again, and 2017 has been no different. We see inventory build and we see inventory retreat.

What we’re talking about now is what happens with pricing. We see price increases through the spring and early summer. Peak median sale price in the Twin Cities looks like it's going to be June, and it starts to make...

How Does Our Current Market Compare to Last Year's?

What’s going on in the Twin Cities real estate market? Today, we’ll be bringing you a look at how this year’s market statistics compare to what we saw at this time in 2016.
 

What’s going on in the Twin Cities real estate market?

As you may remember, our last market update came just before the summer. The market was extremely hot, many properties were receiving multiple offers, and sellers were getting top dollar.

So, how do things look now? Well, what we’re seeing this year is consistent with the trend we witness every year. Inventory starts low in January but builds through the summer. Then, the inventory levels resume a downward trend in the fall.

Now that fall has arrived, we’re currently seeing this same trend. So, let’s get into some specific numbers.

"What we’re seeing this year is consistent...

Why Green Photos Can Make or Break a Winter Listing

Today, I’d like to go over some of the ways you can prepare your home if you plan on selling in winter or early spring.
 

What are green photos? Well, it’s basically exactly what it sounds like.

Buyers in today’s marketplace want to know what the yard looks like during summer or fall. This is impossible to show in the winter unless you have photographers come out and take some photos while things are still green.

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5 Ways to Invest in Real Estate

Real estate investing is on the rise. Here are five different ways you can get involved.
 
Selling a home? Click here for a FREE Home Price Evaluation

Investing in real estate is no longer restricted to the super wealthy. According to a recent survey, real estate investors now make up 15% of the population. That translates to almost 50 million individuals who invest in at least one property other than their primary residence.
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How to Prevent and Handle a Fire


While a fire may seem like something that will never happen to you or your family, it is critical to know what to do if one does. Being knowledgeable on both preventing and on handling a fire could be the difference between life and death.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation

Homeownership is rewarding, but, like any part of life, it comes with certain risks.

No one ever thinks that they will have a fire in their home. However, we're here to tell you that it's...

What’s Happening With the Twin Cities Metro Market?


What do the numbers for spring real estate in the Twin Cities metro area tell us about our market? We’ll answer that for you today.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation

What’s going on with the spring real estate market in the Twin Cities metro area?

The spring market is fully underway and buyers are very active in the marketplace. However, the number of listings coming on to the market isn’t great. There’s actually 3.5% less inventory compared to this time last year. The number of sales taking place, however, is similar to last year.

We’re seeing lower inventory and competitive buyers. In 2016 there were about 12,200 homes on the market and we’re around 10,000 right now. Last year we were talking about inventory being historically low and now, it’s even lower. That low inventory has caused a rise in the median sale price. A year ago the median price was $220,000, and right now it’s $237,400. That’s a 7% increase from last year.

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