Tag Archives: house hunting

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 »

Community Profile: Edina

Edina MN

Mpls. St. Paul Magazine dubs it “boutique chic in the suburbs”. Immediately southwest of Minneapolis in Hennepin County, Edina is a perfect community to many who want to enjoy the city feel and proximity with the comforts of suburban living. Many major highways are close to the city of Edina, making it easy to get anywhere else in the metro, as well as convenient to commuters. Edina boasts nearly 40 parks and recreational facilities, including Arneson Acres, Braemar Arena, Braemar Golf Courses, Braemar Golf Dome, Centennial Lakes Park, Edina... view article »

On Twin Cities Live: You’re Ready to Downsize, Now What?

Are you an empty nester looking to downsize? We were on Twin Cities Live/KSTP Channel 5 to give advice to those considering downsizing now that the kids have moved out. Is now a good time? Yes, in 2017 prices are up and inventory is low- so it’s a good time. People are waiting for your house. Should I make updates? If you can do it, we suggest making some updates. If you’ve been in a house for 15-20 years, spend some money to update as you’ll get... 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 »

What You Should and Shouldn’t Compromise On When Buying a Home

When it comes to home buying, it’s fair to say that for most people compromise is going to be a big factor in the decision-making process. We stopped by Twin Cities Live to discuss the best areas to compromise on, and the others to stick to your gut on. DO NOT COMPROMISE Location This is probably the most important and the biggest regret we see buyers make when they do compromise on it. You can change a lot of things about a house but you can’t... view article »