Selling
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.
Experts: Home Sales Bounce Back After an Election
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.
Do Elections Affect the Housing Market?
FAQs About Selling Your House This Summer
How to Avoid Capital Gains Tax on a Home Sale
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.