“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.”

Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty for consumers. As Jason Lewris, Co-Founder and Chief Data Officer at Parclsays:

“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.”

But it doesn’t have to be that way. Buying a home is a big decision, and it should be one you feel confident making. Selling can be daunting with conflicting media assessments of the market. You can lean on an expert to help you separate fact from fiction and get the answers you need.

Our Homes and Lakeshore team can help you cut through the clutter and make sense of the West Central Minnesota market. Not only do we have in-depth knowledge of the industry and home values, our leader, Karen Zell-Verhelst’s expertise in the attributes of area neighborhoods is immeasurable. Trust is highly valued here, where Karen’s mantra is ‘do the right thing in all transactions.”

Homes and Lakeshore not only helps people buy and sell residences and commercial property, we also have a deep understanding of the market. This includes factors others might not consider, like rental prices.  The rent-price ratio can be an indicator of home value in a housing market, and can be a useful tool to determine if a home for sale is priced appropriately.

Making a move is a potentially life-changing milestone, and something to go into with as much knowledge from a trusted expert as possible

Bottom Line

If you want sound advice and trusted information about the housing market, please reach out. We’d love to help.