buying a home

March 2024 Twin Cities Housing Market Update

Twin Cities Housing Market Update March 2024

New Home Listing Up, Buyers turning out, the Spring Market is on Twin Cities Real Estate Market Update March 2024 New listings are the bright spot in this month’s update. We are finally seeing more homes coming on the market after the great drought of 2023. Will that trend continue?https://youtu.be/D660SOrq1qY New Homes Listed for Sale Jump 35% Year-Over-Year As I mentioned, new...

Five downsizing tips for retirees and seniors

5 Home Buying Tips for Retirees and Seniors

Thinking of Downsizing? 5 Home Buying and Selling Tips for Seniors and Retirees If you’re retired or getting close to retirement and trying to decide whether to stay in your current home or downsize to a home that will allow you to more comfortably age in place, don’t make a move before you’ve considered all the angles.https://youtu.be/fM6Ngp4cZXkIn this article, I suggest  five  important...

Should You Downsize to a Smaller Home

Should You Downsize to a Smaller Home?

The pros and cons of downsizing Should You Downsize to a Smaller Home? Have you looked around your home recently and wondered what to do with all those empty bedrooms?Or noticed that the kids whose height you faithfully charted on the closet door now have growing kids of their own? Or maybe you’re just thinking about living a smaller, simpler life? What are the pros and cons of...

Twin Cities Real Estate Market Update for December 2023 J Trout Lowen Realtor

Twin Cities Real Estate Market Update December 2023

Twin Cities Real Estate Market Update December 2023 Interest rates Dropped in NovemberNew Listings were Up Year-Over-Year Twin Cities Real Estate Market Update for December 2023 Interest rates started dropping in November—finally—after peaking in October and new home listings in the Twin Cities metro were actually up last month compared to the previous November. That’s the first time...

62 or Older Never Make Another Mortgage Payment

FHA Loan Program for Seniors Age 62+ Buy Your Retirement Dream Home and Never Make Another Mortgage Payment If you’re retired already, or getting close to retirement age, you’re probably thinking about your future. I know I am.Maybe you’re hoping to travel to all those places you’ve wanted to see but never had the time. Or maybe you’re hoping to move closer to your kids or grandkids....

Twin Cities Real Estate Market Update September 2023

Twin Cities Real Estate Market Update for September 2023 Home Prices Rise Again as Supply of Homes for Sale Remains Low Leaves are changing, temps are falling, will the Twin Cities real estate market climb out of it's summer slump? https://youtu.be/aZemaukrtrY As regular readers of this blog know, each month I crunch the data from the previous month’s home sales to identify real estate market trends...

Twin Cities Real Estate Market Update August 2023 by J Trout Lowen

Twin Cities Market Update August 2023

July brought another month of Calm Stability for home Prices and Interest Rates Is the Rollercoaster Ride Over for the Twin Cities Housing Market? It’s August and you know what that means. It’s almost time for the Great Minnesota Get Together, the State Fair. Food on a stick, rides, music, and the best people watching you’ll get all year. If you’re looking for some excitement to end your summer,...

Highland Bridge rowhomes (towhomes) by Pulte Homes MN

Highland Bridge Homes St. Paul

The Benefits of New Construction and the Convenience of City Living Highland Bridge Homes With the shortage of existing single-family homes for sale, many buyers are considering purchasing new construction instead.But much of the new home building in the Twin Cities is taking place in the second- and third-ring suburbs.  If you want to live in Minneapolis or St. Paul, finding a new construction...

Twin Cities Real Estate Market Update July 2023

Home Prices are rising again, and inventory is falling Twin Cities Real Estate Market Update July 2023 New listings are down. Home prices are rising. And interest rates have climbed back above 7 percent. In my real estate market update for July, I look at how these trends are impacting homebuyers and home sellers in the Twin Cities. https://youtu.be/VLmcI7VndqQ It’s July already, and we’re more than...

J Trout Lowen Real Estate Minneapolis

Get Money for Your Downpayment (Even if You Already Own a Home)

The Step up program helps move-up and repeat homebuyers Get Money for Your Downpayment (Even if You Already Own a Home) Have your needs outgrown your current home? Maybe it’s too big now that you have an empty nest, or too small after a new arrival. Maybe it was never a great fit. Whether was your starter home or the home you raised your family in, it no longer fits your needs.  It’s time for a...

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