Here’s the latest real estate news around Minnesota of interest to homebuyers, home sellers, and the home-curious.
Think Home Prices Are High Now? Why They’re Likely to Keep Going Up. “Homes flew off the market like the hottest of hotcakes in the first quarter of the year—causing prices to rise even higher than predicted in many parts of the nation.”
“I heard you’re a little psycho.” Why the best home inspectors don’t pussyfoot around serious issues by recommending further inspections and second opinions.
Renter boom takes over suburbs in 19 largest metros, including Minneapolis. “Over a five-year period, suburban renter household growth outpaced urban renter household renter growth in 19 out of the 20 biggest U.S. metros.”
These are Minnesota’s most expensive cities to rent an apartment. “Rents in Minnesota cities continue to climb, though two-bedroom apartments in St. Paul aren’t as pricey as those in Minneapolis and seven other metro cities.”
MN Home Buyers: Avoid These Fake Emails, It’s A Real Estate Scam. Minnesota Commerce Commissioner Mike Rothman is warning home buyers and sellers, as well as real estate professionals, about a wire transfer scam that targets real estate closings.
Here’s our top tip of the week: 12 Rental Property Improvements You Can Make for Under $500. 13 improvements landlords can make for under $500 each.