It's the Dog Days of Summer! To celebrate our fuzzy friends, this June and July we will donate $100 to the Animal Humane Society with every new listing we put on the Twin Cities market. Licensed Realtor, real estate attorney and team member, Paul Kaminski, sits on the board and volunteers at the Animal Humane Society to support and help animals of all breeds and ages. We're proud of the hard work Paul accomplishes in the office, but it's his contributions during his free time that show his passion and heart.

Licensed Realtor and Real Estate Attorney, Paul Kaminski

Summer is the busiest time of year for the Animal Humane Society, with a steady influx of baby animals. Caring for these adorable animals can be demanding and their resources get strained.…

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The Spring Selling Season: New Listings by Month

The Twin Cities Spring real estate market is a bit of a chicken and egg question.  Do the buyers come out first, then the sellers respond by putting their homes on the market? Or, do the sellers put their homes on the market drawing out buyers?  What we've seen as a general trend in the Twin Cities, is; over the years, there has been a reliable pattern that sellers begin to put homes on the market in February, after the Super Bowl. From there, the numbers of new listings per month continues to rise.  It will be interesting to see how the 2017 market plays out.

Looking at the chart below, the market saw a peak of new listings in April of 2016 with the highest level of new inventory posted during that…

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Downtown Minneapolis Real Estate Market Insight

Barry Berg and Chad Larsen are licensed realtors with Coldwell Banker Burnet Minneapolis Lakes Office
 Quality real estate data has never been more reliable. Fact is, many Realtors don't know how to find or use it. The Berg Larsen Group analyze market data carefully to help our buyers and sellers. Below are a series of charts that we reference regularly to keep the pulse of the Twin Cities market. If you have questions, let's talk!

The Spring Selling Season: Downtown Minneapolis Pending Sales

Signs of an early and active Spring real estate market.

May, 2017 - Pending Sales in the Twin Cities metro real estate market are rising quickly, as they did this time last year. The bulk of the early uptick in Pending Sales have been in ranges that are showing improvement over past years, namely those…

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Twin Cities Real Estate Market Insight

Barry Berg and Chad Larsen, and the Berg Larsen Group, with Coldwell Banker Burnet Real Estate, offer Real Estate Market Insight

The Spring Selling Season: Twin Cities Pending Home Sales

Signs of an early and active Spring real estate market.

Pending Sales in the Twin Cities metro real estate market are rising quickly, as they did this time last year. The bulk of the early uptick in Pending Sales have been in ranges that are showing improvement over past years, namely those homes in values over $500,000. Over the entire region, we are seeing the pace of Pended Sales in the $250-499K range (red) outpace those homes priced under $250,000 (blue).  This is a bit of a watershed moment. This shift is driven by the downward trend in the levels of inventory in this entry segment of the market. Note on the Homes for Sale chart that in…

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