Keller Williams Realty Integrity NW Ryan Hardin Properties

Keller Williams Realty Integrity NW Ryan Hardin Properties
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Monday, August 14, 2017

This Month in Real Estate August 2017


This Month in Real Estate
August 2017 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing home sales dipped slightly in the month of June. While demand for homes remains high, inventory, especially in the starter home category, remains constrained. With so many interested buyers waiting for more homes to become available, now may be the perfect time to sell.
 
Interest Rates
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Monthly VideoAccording to Freddie Mac, 30-year fixed rates ticked up from 3.90 percent to 3.96 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 5.52 million homes during the month of May. This was a decrease of 1.8 percent from May and an increase of 0.7 percent from June of last year.
 
Home Prices
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Home Price Graph
The median home price increased to $263,800 in June, which was up 4.5 percent from May and up 6.5 percent from June of last year. The median home price has increased by approximately $16,200 in the past year alone.
 
Inventory
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Inventory Graph
There was a 4.3-month supply of housing inventory in June, which was up 2.4 percent from May. The total number of available homes for sale has decreased by 6.5 percent compared to June of last year.
 
 
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
763.441.2248
612.860.6177
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@kw.com
www.partnersrealestatemn.com
Copyright 2017 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, August 3, 2017

A simple mortgage strategy that makes financial sense


www.partnersrealestatemn.com
One Extra Mortgage Payment Each Year Adds Up
You already make your mortgage payment each month, yet did you know that you could pay down your mortgage even faster with one simple strategy? All you have to do is split that one monthly mortgage payment into two, and start paying that amount every two weeks. 

Where does the strategy come in? Most months have four weeks, which means that in those months, you'll be paying the exact same amount as if you made your typical monthly payment. Each year, a few months have a fifth week, which is why we have 52 weeks in a year instead of 48.

With 52 weeks in a year, you would make 26 half payments over the course of the year by using this strategy. That adds up to 13 full payments – and a mortgage that's just a little bit closer to being paid off.

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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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
763.441.2248
612.860.6177
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@kw.com
www.partnersrealestatemn.com
Copyright 2017 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. 

Friday, July 21, 2017

Real Estate News July 2017

Brought to you by Ryan Hardin.
Real Estate News July 2017
Pending Home Sales Sluggish as Low Supply Rears Its Head
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Image 1Pending home sales were sluggish in April as low supply reared its head, down 1.3 percent in the National Association of REALTORS®(NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.8 in April, down from 111.3 in March. The Index is based on contract signings.

"Much of the country for the second straight month saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes coming off the market," says Lawrence Yun, chief economist at NAR. "REALTORS® are indicating that foot traffic is higher than a year ago, but it's obviously not translating to more sales.

The West fared best in April, with pending home sales up 5.8 percent to an Index reading of 100.0, though still down 4.2 percent from one year ago. The Midwest saw a 4.7 percent decrease in the Index to 104.4, while the South saw a 2.7 percent decrease to 125.9, and the Northeast, a 1.7 percent decrease to 97.2.

Scarce supply will remain the status quo, according to Yun, unless more homes are made available, especially from the investor side.  

For more information, please visit www.nar.realtor 
Safety Tips for the Summertime Grill Master
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Image 2Summer is the season for grilling. However, an average of 8,900 home fires involving grills, hibachis, or barbecues occur each year in the United States. In 2014, 16,600 patients went to emergency rooms due to injuries involving grills, and 1,600 children under age five suffered thermal burns, caused by touching a hot surface. Safety aside, grilling-related fires cause about $118 million in property damage each year.

Clearly, it’s important to keep safety in the forefront when enjoying all that your grill has to offer.

Here are a few common sense reminders on keeping your family and your home safe:
  • Keep the grill well away from your home and deck railings, and out from under eaves and overhanging branches.
  • Remove grease or fat buildup from the grill and in trays below the grill.
  • Never leave your grill unattended, and keep children and pets at least three feet away from the grill at all times.
  • Always make sure the lid of a gas grill is open before lighting.
  • If using starter fluid for a charcoal grill, use only charcoal starter fluid, and never add charcoal fluid or any other flammable liquid to the fire. Keep charcoal fluid out of the reach of children and away from heat sources.
  • If your charcoal grill has an electric starter, use an extension cord.
  • When finished grilling, let the coals cool completely, then dispose in a metal container.
Tips compliments of www.insurance.pa.gov and the National Fire Protection Association.
QUESTIONS? VISIT www.partnersrealestatemn.com
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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
763.441.2248
612.860.6177
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@kw.com
www.partnersrealestatemn.com
Copyright 2017 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, July 18, 2017

Ways to conserve water in your home

www.partnersrealestatemn.com
Four small ways to save big on your water bill.
Conserving water is an important consideration for communities and homeowners alike. Here are four simple steps you can take to reduce your water usage and save some money on your bills.

Get an insulating blanket for your water heater and wrap your hot water pipes with foam pipe insulation, which will reduce heat loss and retain hot water longer. This way, you won't have to run water as long to heat up your shower. Also, if you wrap your cold water pipes, you can prevent them from freezing and bursting in the winter.
Consider converting to a tankless water heater that can help you save up to 50 percent on your water bill. It works by using high powered burners that instantly heat the water only when you turn the handle for hot.
Install underground drip irrigation to your plants to reduce water loss from evaporation when you water your yard. Converting some or all of your grass and shrubs to plants that require less water can significantly reduce water usage.
Check for leaks on a regular basis. Check for damp or wet spots around the water heater and under sinks. And repair any faucet drips right away because they can quickly add up to a major expense.

Simple tips like these can create a happier, healthier and more valuable home. Thank you for thinking of us for all of your real estate needs, and be sure to share our contact information with anyone you know of looking to buy, sell or invest in a home.
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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
763.441.2248
612.860.6177
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@kw.com
www.partnersrealestatemn.com
Copyright 2017 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. 

Friday, July 14, 2017

This Month in Real Estate July 2017


This Month in Real Estate
July 2017 Market Update
divider
Monthly VideoAccording to the National Association of REALTORS®, existing home sales grew slightly in the month of May. Low inventory levels supported a healthy median sales price and drove the amount of time the average home spent on the market to a new low of just 27 days.
 
Interest Rates
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Monthly VideoAccording to Freddie Mac, 30-year fixed rates ticked down from 3.94 percent to 3.90 percent. This rate remains well below the historical average of 8.90 percent.
 
Home Sales
divider
Home Sales Graph
The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of approximately 5.62 million homes during the month of May. This was an increase of 1.1 percent from April and an increase of 2.0 percent from May of last year.
 
Home Prices
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Home Price Graph
The median home price increased to $252,800 in May, which was up 3.2 percent from April and up 5.8 percent from May of last year. The median home price has increased by approximately $13,900 in the past year alone.
 
Inventory
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Inventory Graph
There was a 4.2-month supply of housing inventory in May, which was up 2.4 percent from April. The total number of available homes for sale decreased by 10.6 percent compared to May of last year.
 
 
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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personal photo
Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
763.441.2248
612.860.6177
Call or email Today for all your real estate needs! 
Click here to download my mobile app!
ryanhardin@kw.com
www.partnersrealestatemn.com
Copyright 2017 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.