Posts with tag 'Buy a Home'
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1
Twin Cities Market Update
Housing
Despite elevated demand for housing, construction of new homes fell in April, with the U.S. Department of Housing and Urban Development and the U.S. Census Bureau reporting a 9.5% decrease in housing starts from the previous month. Rising building costs continue to hinder affordability and inventory for many homebuyers, although shortages in labor, issues with the U.S. supply chain, and lasting impact from late winter storms have also contributed to the decline in new construction activity, putting some projects on pause for the time being.
Provided by the Minneapolis Area Association of Realtors.
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Mortgage Rates
Mortgage rates are down below three percent, continuing to offer many homeowners the potential to refinance and increase their monthly cash flow. In fact, homeowners who refinanced their 30-year fixed-rate mortgage in 2020 saved more than $2,800 dollars annually. Substantial opportunity continues to exist today, as nearly $2 trillion in conforming mortgages have the ability to refinance and reduce their interest rate by at least half a percentage point.
~Provided by www.freddiemac.com 05-27-21
24
Before You Declutter, Know What You Can Donate, and What You Can't
Anything that doesn't serve you shouldn't have a place in your home and your life. If you just bought one of Glenwood homes for sale, decluttering will make your move easier and less costly. But one of the obstacles you'll face is deciding what to do with the unloved, unused stuff you want to get rid of. Well, donating your items is a really great way to make a difference in someone's life and keep your home clutter-free. Some items, however, are better off recycled or thrown away. As a general rule of thumb, only allocate something to the "Donate" pile if it's in working condition, looks appealing, and is of decent quality. Items that won't be doing anyone any good should be tossed. Read on to get an idea of what to and what not to drop off at your local donation center.
- Unwanted Clothing
If you haven't won the clothes in the back of your closet for over a year, it's time to make room for new love. Sort through your closet and donate old clothing, shoes, and accessories that you never wear but are still in good condition. The chances of that sock being reunited with its partner are slim, so you're better off tossing orphaned socks or repurposing them as dust rags. Anything in your closet that has holes or stains should be tossed.