Market Update

Dec. 18, 2018

Sold in 2018: The Most Expensive Homes in Minnesota

It’s the most wonderful time of the year. Bet it would be even better if you were lakeside on Minnetonka.  It’s time for our annual look at how the other half live via the top real estate transactions of the year for Minnesota.

Takeaways:

  • The West Metro is the ...

View More
Nov. 29, 2018

West Metro Market Update

According to the National Association of Realtors, 77% of people nationally believe now is a good time to sell a home.  But how do things look here in the west metro?

National trends in residential real estate include a continued tight inventory of homes along with some price stabilization ...

View More
Posted in Market Update
June 12, 2018

2018 Guide to Summer Family Fun in the West Metro

The kids are off of school and summer 2018 is finally upon us. Finding activities to keep your family engaged need not break the bank. Make it the best summer yet with some free outdoor entertainment options in the west metro.

 

Plymouth Entertainment in the Parks 
Today – ...

View More
Posted in Market Update
April 26, 2018

West Metro Home Valuations: How much can I sell for?

Home values may be up nationally but what does that mean in the west metro?  More importantly, how does that impact your situation?

 

Recent headlines paint a rosy picture for home valuations:

Home prices are on an epic run - CNN Money 4/24

Home Prices in 20 US ...
View More
Feb. 6, 2018

Market Update: 2018 Real Estate Trends in the West Metro

February is a transition month in Minnesota.  While brutal weather still pounds our state, thoughts of spring have invaded our minds, as evidenced by home improvement fairs and boat shows around the state. 

Hearty Minnesotans are planners, and despite the brutal cold, your preparations for spring begin now ...

View More
Posted in Market Update
Nov. 27, 2017

Millionaire Mansions of 2017: Life on the Lake

Lake Minnetonka is a unique west metro landmark featuring 125 miles of picturesque shoreline and scores of luxury homes.  Our annual look at the most expensive real estate transactions in the state begins and ends on this familiar waterway for 2017. 

While the top five transactions were prohibitively ...

View More
June 27, 2017

Summer '17 West Metro Home Value & Market Stats

As summer settles in for Minnesota, three trends continue to dominate the residential real estate market.

Trend 1: Home Values Continue to Rise 

Home values throughout the state are up with a statewide increase of 5.7% over last year (May ’16- May ’17). A look specifically at the West ...

View More
Posted in Market Update
March 7, 2017

Mailbag: Hacking the Housing Shortage

Real Estate Q & A 

Zachary Adams is a residential real estate expert with 100s of transaction in the west metro of Minneapolis.  In Ask a Pro he responds to email questions on all things residential real estate related. 

To submit a question for Ask a Pro click ...

View More
Dec. 15, 2016

Five Real Estate Trends to Impact 2017

After a busy year that saw residential real estate values rise steadily and a flurry of activity, what can we expect from 2017?

Several trends can help us discern the future.

Takeaways:

  • Residential real estate had a great run in 2016

  • Next year promises more of the same, driven by several ...

View More
Dec. 6, 2016

Minnetonka’s Millionaire Mansions: The 5 Most Expensive Homes Sold in 2016

Our annual look at how the other half lives is back, and again west metro homes on Lake Minnetonka dominate the list.

While all five of the highest-priced homes sold last year are on the lake, that easy access to fishing and boating comes with a price. Not only is ...

View More
Posted in Market Update