EXIT Realty Nexus News and Updates

Frank D'Angelo 4 days ago

You could be sitting on more equity than you realize! Here’s a look at how quickly equity builds up when you consider your down payment, the principal you’ve paid over time, and how much your home has appreciated since purchased! If you’d like to see how much tappable equity you have in your home, I can run this same calculation for you - let's talk!

 

Connect with a LOCAL HOME SELLER SPECIALIST

#equityrich #homeownerequity #sellersmarket #thinkingaboutselling #sellinghome #realestate #interes...
Why an Election Year is a Window of Opportunity for Home Sellers and Buyers
Frank D'Angelo 1 month ago

Why an Election Year is a Window of Opportunity in Real Estate

Mortgage Rates Expected to Continue Falling in 2024

Recent statements from the Federal Reserve and slowing inflation suggest that mortgage rates, which have peaked, are projected to drop to or below a standard 6% this year. This anticipated decline is set to bolster consumer confidence and invigorate market activity throughout 2024.

The National Association of REALTORS' Forecast

The National Association of REALTORS predicts a modest...
How Stabilizing Rates are Revitalizing the Housing Market
Frank D'Angelo 1 month ago

📉 Good News for Homeowners: Mortgage Rates Stabilize, Boosting Confidence in the Market! 🏡✨

Hello everyone, Coach Frank D'Angelo here, Broker of Record with EXIT REALTY NEXUS. I'm thrilled to share some optimistic news in the real estate market that's sure to impact many of you.

🔑 Stable Mortgage Rates: After a period of fluctuation, mortgage rates have found their footing in the 6% range. This week, the 30-year fixed-rate mortgage averaged at 6.69%, as reported by Freddie Mac. This marks the...
Navigating the Capital Gains Tax Exemption When Selling Your Property in  Minnesota
Frank D'Angelo 5 months ago

Selling a property is usually a significant life event that comes with various financial considerations, one of which is capital gains tax. While the idea of paying taxes on your home's sale can seem daunting, there are exemptions and guidelines that can mitigate, or even eliminate, your tax burden. To best navigate these waters, it's essential to consult with an experienced real estate professional like Coach Frank D'Angelo, who can guide you through the process.

What Is Capital Gains Tax?

When...
The Real Estate Housing Supply Update for June 2023
Frank D'Angelo 8 months ago

Minneapolis Real Estate Market Overview: June 2023

Greetings, readers! As a seasoned Minnesota realtor, I constantly monitor the local housing market trends to better understand the dynamics that affect both buyers and sellers. This month, I'm sharing some critical insights from the Minneapolis Area Realtors May 2023 report. Let's dive into the specifics.

Boost in New Residential Construction

In line with the shortage of existing-home inventory, we've noticed a significant increase in the demand...
10 Home Modifications to Make Aging in Place Easier
Frank D'Angelo 11 months ago

Aging-Friendly Home Features: "10 Home Modifications to Make Aging in Place Easier"

If you're planning to age in place, it's important to make sure that your home is equipped with aging-friendly features that can help you age in place with comfort and confidence. Here are 10 home modifications to consider:

Install grab bars: Grab bars in the bathroom and other areas of the home can help prevent falls and make it easier to get up and down. Replace flooring: Non-slip flooring can help prevent...
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