Down Payments: What Homebuyers in Eden Prairie Need to Know
As we wind down our first official month of fall, treat yourself to weekend of enrichment here in Eden Prairie and Minneapolis. With the Twin Cities a stone’s throw away, you can enjoy the very best in cultural offerings, or stick close to home and enjoy the myriad recreational opportunities in idyllic Eden Prairie.
When you’re this close to the Twin Cities, it’s easy to make your way into town to enjoy some of the finest dining, entertainment, museums, and natural spectacles in the Midwest, but there’s just as much fun stuff to do here in Eden Prairie. Take your pick of this weekend’s upcoming attractions and to-do list items and enjoy these waning weeks of summertime before they’re gone too soon.
As we head into the second week of May, the looming spring and summer selling seasons are already underway, and with them come to chance to sell your home at a premium in 2017. So, what do you need to do to make this summer’s selling season a prosperous one? Take a look at some of these tips and tricks to keep in mind as you explore you real estate options in the Eden Prairie area this soon-to-be summer.
With the real estate world coming off a positive winter season, the spring and summer ahead are sure to be lively for the local Eden Prairie and Twin Cities markets. If you’re considering buying or selling home this spring, your first order of business should be to consult with a trusted, top reviewed real estate agent in the Eden Prairie area. Second to that? Here are a few tips to keep in mind as you prep for the spring selling season soon to come.
One of the hallmarks of 2016’s housing market growth spurt was a high demand for homes. As real estate inventory lagged behind consumer confidence and exceptional demand, sellers are in an excellent position to make top dollar on properties in the year ahead. With that in mind, here are a few market trends to make use of if you’re considering selling your home in 2017. Of course, the surest method to maximize your sale—or to begin your housing search, if you’re in the market for buying—is to consult with an experienced, top reviewed real estate agent team in Eden Prairie. In the meantime, take a look at some of the simple tips below that can push your home’s selling value to next level.
A new story from online publication, Mortgage News Daily, reports that new home sales are on an encouraging an upward trajectory, with this fall showing a marked increase from the month of August. This is especially bright news, since summer is generally considered prime selling season, but Mortgage News Daily’s report indicates that no such slowdown occurred in the transition to autumn. In fact, sale numbers for new-build properties are up by both monthly and yearly measures.
According to the Census Bureau and Department of Housing and Urban Development, new-build residential properties were up 3.1% from August. Moreover, year-to-year September sales leapt by a 29.8% margin — an astounding and nearly unprecedented level of growth. Closer to home, the mid-west enjoyed a particular bump in new construction home sales during the early fall, with an 8.6% seasonal increase and a year-to-year increase of a whopping 33.3%. Furthermore, at the end of the September, an astonishing 243,000 new homes were on the market, with 141,000 more under construction.
What does this mean for those looking to buy or sell a home in the Twin Cities region this fall or winter? Firstly, an increase in new-build homes is a meaningful development for those on the house hunt, since inventory has been competitive here in the Minneapolis area. Likewise, home sellers can list their property with confidence that the next home of their dreams is readily available, brand new, and made financial feasible by this year’s exceptionally low mortgage interest rates. What’s more, a boost in the mid-west’s new-build sales indicates overall growth in the region, making purchasing a home a wiser investment than ever.
It’s no secret that life here in Eden Prairie is an enviable one, especially since Money Magazine’s recent feature of our hometown as one of the country’s most desirable places to live. Development is assuredly on the rise in the Twin Cities region, and what better way to spend the holidays than in a brand new home of your very own?
At Helgeson Platzke Real Estate Group we take pride in helping members of our community find and purchase their dream home. No matter your needs, budget, or tastes, there’s a perfect property for you and your loved ones. There’s no better time than the present to make it happen. Make your holiday wishes come true and take the plunge—become an all-American homeowner in Eden Prairie today.
At Helgeson Platzke Real Estate Group, we are proud to be a member of Eden Prairie’s esteemed small business community. Since 1995, we’ve offered the very best in Twin Cities real estate, earning our community’s trust as the #1 Sales Team in the Eden Prairie area. With over 4,500 homes sold, our staff has both the knowledge and experience necessary to ensure that your home ownership goals are delivered. So, if you’re considering buying or selling your Eden Prairie area home this summer, now is the time to enlist the help of a real estate professional who can help you make the most of this season’s extraordinary market.
This Two Story home is meticulously cared for and in desirable Huntington neighborhood!
Let me share with you a few of the updates completed with this home for your family to enjoy. All four bedrooms are on the Upper Level with the Master Bath seeing a beautiful update and another full bath for siblings to share.
This four bedroom, 4 bath modified two story is meticulously maintained full of recent updates all on 1.3 acres. Come enjoy all the open green space and beautiful views.
The open floor plan flows from the front entry/great room into a exceptional, over-sized kitchen, which includes a center island, bountiful amount of granite countertop- and cabinet-space, tile backsplash and stainless appliances.
This home is an incredible value for this amount of finished square footage and oversized lot. Visit this home at 12147 Thrush Street and imagine the possibilities for your family.
This 6 bedroom, 5 baths Two Story offers some rare estate like qualities to a new family.
You will enjoy the in-ground saltwater pool, a 3+ stall garage, 4,565 finished sq. ft., huge game room, open layout for modern living, hardwood floors, gourmet kitchen with butler’s and walk-in pantry, breakfast bar, granite countertops, stainless steel appliances, double oven. Gorgeous iron fence finished the beautiful landscaped yard and more.
All three levels are finished to a T!
You’re invited to view this exceptional home priced right with all of the positives to rush you over to 6075 Yuma Lane North, Plymouth, MN 55446 and buy it.
This six bedroom, four bath home sits in Braxton Woods neighborhood conveniently near everything. Come enjoy recent upgrades to the home providing larger Chef’s kitchen and entertainment area open to the Great Room. Lower level is perfect escape for kids to the recreation room and adults to family room with fireplace and full walk behind bar.
Great value purchase with the 4,700+ finished square feet and location, location, location… at 9262 Braxton Drive.
This completely finished 5 bed, 5 bath two story walkout sits in a highly sought after neighborhood offering recreational amenities which includes a pool, playground, open space and clubhouse. The home offers your family an open floor plan with 4 bedrooms upstairs including a Jack and Jill bath and Jr. suite. While the Main floor is equipped with a spacious gourmet kitchen adorned with granite countertops, Stainless Steel appliances, large center island, large walk in pantry and enameled woodwork. Enjoy the outdoors from in- or out-doors with large floor to ceiling windowscapes bringing vivid light and views in or walk out onto the deck overlooking the manicured yard.
There is so much upside to this home and the neighborhood it will not last long at $629,000. It’s a truly MUST SEE for any growing family on Weston Lane in Spring Meadows!
Home prices in the Twin Cities metro region are continuing to increase, and more sellers are putting their homes on the market. If you plan to sell your Minneapolis home in the near future here are few home selling mistakes to avoid.
Is the Twin Cities housing market becoming a buyer’s market? Many feel that with the decline in the number of home sales and dropping housing inventory in November that it just may be turning towards a buyer’s market.