Keller Williams Realty Integrity NW Ryan Hardin Properties

Keller Williams Realty Integrity NW Ryan Hardin Properties
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Thursday, February 22, 2018

Real Estate News February 2018

Brought to you by Ryan Hardin.
Real Estate News February 2018
Six tips when considering a HELOC for Home Renovations
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Homeowners looking to undertake home renovations can often use a home equity line of credit or HELOC to finance their projects. Here are six quick tips on how to shop for and manage a HELOC:
Home Loan Scale

Shop around. Comparison shop to get the best rate.

Ask about the margin. If you're offered a rate that's lower than the competition, it's probably just an introductory rate, so ask about the lender's margin. For example, if the introductory rate is 3.5 percent and your lender's margin is 2 percent, your final interest rate will be 5.5 percent.

Consider a conversion clause. Some HELOCs allow you to convert a variable interest rate to a fixed rate, usually during the draw period (5-10 years).

Watch out for balloon payments. Balloon payments mean that you must pay the balance in full when the draw period is up. Do not choose this option unless you have the financial means to handle it.

Create a family plan. Decide what the money will be used for and who will handle the funds. Keep in mind, you can lose your home if the HELOC is not handled properly. Create a payback plan. Come up with a reasonable plan for how the loan will be paid back.
Can You Really Grow a Winter Garden in the Kitchen?
By John Voket
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Indoor GardenNow that winter weather has descended on much of the country, there are still loads of things a homeowner can grow to keep the freshest of ingredients available for winter culinary adventures.

Tammi Hartung at birdsandblooms.comoffers a step-by-step guide to establishing a year-round indoor garden that can supply the freshest of ingredients from a tiny space. She advises you to look around your house and choose your best location - and don’t limit yourself to the kitchen.

Basil, chives, mints and parsley are just a few that do very nicely in pots with bright indirect light. It might surprise you to know you don’t need direct sunlight for growing most herbs; the indirect light most of us get will work fine.

East-, south- and west-facing windows should all give your herbs enough light, especially if you set up a small table or use a counter that keeps plants about a foot away from window glass.

Tricia Drevets at offthegridnews.com says start with a few basics, such as oregano, thyme, parsley, basil and rosemary. Then add a few others that your family particularly enjoys in their favorite meals. Cilantro? Dill? Chives?

She advises to check your garden center for high-quality seeds or for healthy and vigorous-looking starter plants. Or maybe find a selection of starter plants in your grocery store’s produce section as well.

Drevets says if your herb garden is in your kitchen, the plants should get some additional humidity from your use of the sink or dishwasher. If not, lightly mist them with a water spray bottle.
QUESTIONS? VISIT www.partnersrealestatemn.com

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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
612.860.6177
612.356.2002
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@partnersrealestatemn.com
www.partnersrealestatemn.com
Copyright 2018 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 

Thursday, February 15, 2018

This Month in Real Estate February 2018


This Month in Real Estate
February 2018 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing home sales slipped slightly in December. Looking at the entirety of 2017, a modest 1.1 percent increase was posted. While housing demand remains high in many parts of the country, the limited number of available homes for sale has significantly stunted overall growth.
 
Interest Rates
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Monthly VideoAccording to Freddie Mac, 30-year fixed rates rose from 3.99 percent to 4.15 percent. This rate remains well below the historical average of 8.90 percent.
 
Home Sales
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Home Sales Graph
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.6 million homes during the month of December. This was a decrease of 3.6 percent from November and an increase of 1.1 percent from December of last year.
 
Home Prices
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Home Price Graph
The median home price decreased to $246,800 in December, which was down 0.2 percent from November and up 5.8 percent from December of last year. The median home price has increased by approximately $13,500 in the past year alone.
 
Inventory
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Inventory Graph
There was a 3.2-month supply of housing inventory in December, which was an 8.6 percent decrease from November. The total number of available homes for sale has decreased by 11.1 percent compared to December of last year.
 
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Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
 
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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
612.860.6177
612.356.2002
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@partnersrealestatemn.com
www.partnersrealestatemn.com
Copyright 2018 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 

Tuesday, February 6, 2018

Are you in love with your home?


www.partnersrealestatemn.com
Six Tips to Fall in Love with Your Home
Have you fallen out of love with your home? Here are six ways to rekindle the romance:
1. Play musical chairs 
Rearrange the furniture.
2. Let it grow 
Potted plants add appeal with little maintenance.
3. Less is more 
Ditching clutter relieves stress.
4. Do a deep clean 
Scrub those baseboards, and clean those windows.
5. Make a list 
Decide what needs improving and prioritize your projects.
6. Give a room a mini-makeover 
Add new hardware to your cabinets, or pick up new organizing bins for your office.

Still not feeling the love? It may be time to start exploring available homes on the market. Download our mobile app, which puts accurate, up-to-date listings right at your fingertips in a dynamic map.

When you're ready to buy, sell or invest in real estate, you need trusted local experts. Call us today to arrange a personalized consultation
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personal photo
Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
612.860.6177
612.356.2002
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@partnersrealestatemn.com
www.partnersrealestatemn.com
Copyright 2018 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.