Category Archives: Buying Trends

Minnesota Real Estate: Spring Market Update

At Desrochers Realty Group, we’re gearing up for one of the busiest months in real estate and offering our take on the Minnesota housing market for spring and summer of 2018. High demand, low inventory. You’ve likely heard the news and it’s true, sales are down this year when compared to years past, but it’s not because the market is slow! Back to Econ 101, it’s a simple problem of supply and demand. There are a ton of buyers and not enough inventory. In fact, we’re at... view article »

2018 Real Estate Predictions

As winter holidays approach we’re turning our attention to the new year, which naturally has us thinking, “What’s to come in real estate?” While we have no crystal ball to predict the market perfectly, we’re sharing our predictions for real estate in 2018. Housing shortage, more buyers The housing shortage will likely continue into 2018, which makes affordable housing a major focus. Younger generations are looking for practical starter homes.  Those who gave up in the hot market this past spring and summer will be back looking for... view article »

10 Things to Ask Yourself Before Buying a Cabin

                At a certain point, it’s almost a rite of passage for a Minnesotan to consider buying a vacation home, a.k.a. a cabin. If you’ve come to that time, we’ve put together a list of 10 things to ask yourself as you embark on the next stage of home ownership. How far are you willing to drive? Oftentimes vacation homes are for weekends or summers. One of your first considerations should be how far are you willing to... view article »

Hot Tips to Prep Yourself to Buy in a Hot Market

You’ve made the decision to buy a new home this spring, only to find that houses in the area/price you want are selling in hours. How do you prepare? Here are some tips to get you ready to act confidently and snag your dream home. Be pre-approved for the purchase price of your home, and have all financing figured out. Also, in situations where there are multiple offers, it’s important you are working with a very reputable lender. Buyers will look at this to make certain they are confident... view article »

When Buying a Home, Don’t Let These Be Deal breakers

Julie and Daniel Desrochers on Twin Cities Live

House hunting has its ups and downs, and often we see clients love a home and discover what they view as a deal breaker.  We were live on the set of  Twin Cities Live to share advice on how to handle these issues and if you should walk away, or not. Watch the video here, or read below for some quick tips. Water Stains/Mold Should be something to be concerned about, but if the cause is known often can be taken care of.  Past water stains don’t necessarily indicate... view article »

House Flipping Tips: Where to Spend and Where to Save

house flipping tips where to spend where to save

With the housing market still going strong in the Minneapolis area, now is a prime time to get into the game of flipping houses. House flipping entails buying a fixer-upper home, putting in the work to remodel it, and then selling it for a profit within 12 months. Due to the high demand for entry-level homes, low interest rates, and a tight market, house flipping is at a 10-year high. RealtyTrac reports that in the first quarter of 2016, 6.6% of home sales were a... view article »

Real Estate Report: Home Re-Do

Daniel and Julie were part of a great show yesterday on Twin Cities Live. With a new project on the horizon, we will be able to follow along with the process of doing a tear down and rebuild. Twin Cities Live has shown you a lot of ways to improve your home.  Landscaping, room make-overs, advice from an interior designer, to name a few.  Sometimes things are so bad that the only thing you can do is start over!  We are following Julie and Daniel... view article »

How to Choose the Right Location

There are many considerations that go into buying a new house, but before you can even start the process of choosing a home, you must first choose your location. You can spend hours researching data on crime rates, demographics, and resale values, but until you identify what qualities you’re looking for in your ideal neighborhood, you’ll just be spinning your wheels. How can you make a decision if you don’t know what you’re looking for? This questionnaire will help you narrow in on a profile... view article »

Tips for Selling & Buying at the Same Time

Going on the market to buy and sell a home at the same time is a tricky undertaking and requires juggling a complex array of logistics and variables at once—not to mention taking some calculated risks. However, life happens and it is sometimes an unavoidable situation. If you find yourself in the position of having to buy and sell a home simultaneously, follow these tips from the Desrochers: Know the Market Before you make anything official, get to know the markets in both areas where... view article »

Ask The Realtors About Buying And Selling A Home

At Julie and Daniel’s appearance yesterday on Twin Cities Live they were able to answer a few of the most common questions sent in by Facebook viewers that buyers and sellers have. Make sure to review these questions and their answers before starting your next real estate venture. Question 1: Melissa asked on our Facebook page: Who’s responsibility is it to make sure a newly remodeled home was done by license contractors and was permitted work? I purchased a flipped house only to find nothing... view article »