EXIT Realty Nexus News and Updates
As of the first 90 days in 2023, the following details what's happening to the Brooklyn Park Real Estate Values since 2018 to March of 2023.
From 2018 to 2020, the number of sales increased by 120 units, and the median close price increased by $33,440, from $250,000 to $283,440. This indicates a strong demand for real estate in Brooklyn Park during this period.
In 2021, although the number of sales remained similar to the previous year, the median close price increased significantly by $31,560,...
Mortgage interest rates are the rates that lenders charge borrowers to borrow money to purchase a home. They are influenced by a range of factors, including economic conditions, inflation, and monetary policies. Generally, higher interest rates make it more expensive for home buyers to borrow money, while lower interest rates make it more affordable.
How Mortgage Interest Rates Fluctuate
Mortgage interest rates can fluctuate frequently due to market conditions, economic indicators, and the acti...
Selling a home can be a daunting and complex process, and many local home sellers in Coon Rapids, MN prefer to work with an experienced local real estate brokerage like EXIT Realty Nexus. In this blog post, we will explore the reasons why local home sellers choose to list and sell their homes with EXIT Realty Nexus.
Local Market Expertise: An experienced local brokerage like EXIT Realty Nexus has extensive knowledge of the Coon Rapids housing market. They know the local neighborhoods, schools...
Andover, MN is a rapidly growing suburb located in Anoka County, just 20 miles north of downtown Minneapolis. It is a family-friendly community with a small-town feel and plenty of opportunities for outdoor recreation. In this blog post, we will explore the benefits of living in Andover, MN.
Excellent Schools: Andover is part of the Anoka-Hennepin School District, one of the largest school districts in Minnesota. The district has a reputation for academic excellence, with many of its schools...
A Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, is a loan that enables homeowners aged 62 and older to convert part of their home equity into cash without having to sell their home or make monthly mortgage payments. Here are some advantages of buying a home with a Home Equity Conversion Mortgage:
No Monthly Mortgage Payments: With a HECM, borrowers are not required to make monthly mortgage payments. Instead, the loan is repaid when the borrower sells the home, move...
Owning real estate on the Mississippi River in MN can be a dream come true for many people. The Mississippi River is the fourth-longest river in the world and it passes through 10 states, including Minnesota. Owning a property on the river can provide endless opportunities for recreation, relaxation, and enjoyment. Here are some activities associated with owning real estate on the Mississippi River in MN:
Fishing: The Mississippi River is known for its abundant fish population, including wall...
The Elk River, MN Real Estate Market: Trends and Insights
If you're considering buying or selling a home in Elk River, MN, it's important to understand the current trends and dynamics of the local real estate market. Here are some key insights into the Elk River real estate market that can help you make informed decisions.
Market Overview:
The Elk River real estate market is currently experiencing strong demand from both buyers and sellers. As of [insert date], the median home price in Elk Rive...
