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Date Archives: January 2018

RE/MAX Professionals Blog Home
Buying | 6 Posts
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Selling | 1 Posts
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Uncategorized | 14 Posts

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January
16

RE/MAX Professionals' newest office, located in St. Paul's Lowertown, is now open! Located on Mears Park, in the heart of Lowertown, the office is easily accessible to clients and agents alike. We saw a great need for real estate professionals to service this booming area of St. Paul and are excited to be able to offer our expertise to those looking to buy and sell real estate throughout the Twin Cities and Western Wisconsin.

We invite our clients, neighboors, community and all real estate professionals, to our Grand Opening celebration!

Date: Tuesday, January 30th

Time: 3-5 p.m.

Location: 356 N Sibley Street, #A, St. Paul, MN 55101

Details: Ribbon Cutting at 3:30, hosted by the St. Paul Area Chamber of Commerce. Register to win prizes including the Grand Prize, $200 to The St. Paul Grill, courtesy of At Home Title.

RSVP: https://www.facebook.com/events/316305642199175/

January
8

In the Twin Cities region, more millennials and first-time home buyers in 2018 will feel the squeeze of low inventory and rising prices from over the last year. These buyers, who typically want an affordable home priced at $300,000 or less, now have fewer options.

As home prices continue to rise, larger, move-in ready properties are edging out of the first-time buyer's price range. Baby boomers, who are often the ones selling the homes that first-time buyers are seeking, are staying put longer due to lack of affordable new development in the condo and town home market.

Non-traditional neighborhoods and first and second ring suburbs – such as Richfield, Robbinsdale and Columbia Heights – are seeing increased activity as buyers expand their search area to find a home that fits their budget.

Data and insight provided by RE/MAX INTEGRA, Midwest. Data reflects January-November 2017 and the same time frame for 2016

 

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