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What you don’t know can cost you time and money when it comes to selling your house. The best source of information is your real estate agent, and we’ve put together a growing list of helpful resources about the home selling process. When you’re ready, call Tom Verhelst at 218-205-2604 | Karen Zell at 218-731-6836. to discuss how we can help sell your house.

How much is my home worth?

Your Real Estate Market Report for September 2024

U.S. existing-home sales slid 2.5% month-over-month and 4.2% year-over-year to a seasonally adjusted annual rate of 3.86 million units, according to the National Association of REALTORS® (NAR). Meanwhile, home prices have continued to reach record heights nationwide, with NAR reporting a median sales price of $416,700 as of last measure, a 3.1% increase from the … Continued

Sellers: Overpricing Your Home Could Cost You

In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest.

The Difference Between an Inspection and an Appraisal

When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.

FAQs About Selling Your House This Summer

There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move. Here are some of the top questions you may be asking – and the data that helps answer them.

How to Avoid Capital Gains Tax on a Home Sale

Calculating Capital gains

When your home is worth far more than what you paid for it, you might expect to make a tidy profit when selling. However, you may end up  paying capital gains tax too. Depending on how long you have owned your home and market conditions, this amount can be significant. Here are tips to limit capital gains tax liability when selling, or thinking about selling in the future.

Get Prepared to List Your Home This Spring

If you’re thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it’ll be important to make sure your house shines bright among the competition.

Are Mortgage Rates on a Downward Trend?

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things affect mortgage rates and impact you and your homebuying plans? Here’s what you need to know.