Tag Archives: home buying

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 »

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 »

Community Profile: Minnetonka

With a name coming from the Dakota Indian mni tanka, meaning “great water”, it’s no wonder the city of Minnetonka is one of the most coveted suburbs of the Twin Cities. Just 8 miles west of Minneapolis, part of the city includes Lake Minnetonka, one of the largest and most famous lakes in Minnesota. Planners have carefully kept Minnetonka a beautiful community for families. The city features dozens of ponds and a great deal of open space, park land and wetland areas. Besides the green space, Minnetonka has... view article »

On Twin Cities Live: Dealing with Multiple Offers When Buying a Home

We visited Twin Cities Live to discuss a very important topic in the current real estate climate- how to make an offer that stands out. The reality is that homes priced well and that show show well sell quickly and often times over asking price. In April 2017, inventory was down by 19% over last April. The Twin Cities currently has a 2.2 month supply of inventory. Below are some steps you can take as buyer to increase your chances of finding a home and getting an... view article »

What are we hearing from buyers?

What do buyers want, now, in the spring of 2017? If you are considering selling and wondering what the chatter is, what people are wanting in their next home, see below for the most common asks we are hearing from our buyers now. “There’s not a lot on the market.” No, there isn’t. This is the overall issue everywhere- simply not enough houses to go around. If you have a house you are even thinking about selling in the next few years, call your realtor to discuss. It... 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 »