Keller Williams Realty Integrity NW Ryan Hardin Properties

Keller Williams Realty Integrity NW Ryan Hardin Properties
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Thursday, October 19, 2017

Real Estate News October 2017

Brought to you by Ryan Hardin.
Real Estate News October 2017
Home Sellers Are Making Bank in Today's Market
Image 1Home sellers are making bank in today's market, realizing an average profit of 24.1 percent, or $39,900, in 2016, according to a recent study.

Sellers on the West Coast—where home prices have skyrocketed since the recession—saw higher returns. Sellers in Oakland, California took home the highest profits at 78 percent, or $235,000.

Duration is key. The average seller turning a $39,900 profit, the analysis shows, held on to their home for seven years and five months. The average seller in Oakland hung on to their home for seven years and three months.

The top 10 markets:
       
CityMedian Years OwnedDollar Gain on SaleAnnual Dollar Gain on SalePercent Gain on Sale
Oakland, CA7 years,
3 months
$235,000$33,91378.0%
Portland, OR9 years,
1 month
$145,026$16,71464.7%
San Jose, CA9 years,
8 months
$271,150$30,56256.5%
Denver, CO7 years,
7 months
$119,500$18,16256.0%
Los Angeles, CA9 years,
8 months
$200,000$23,20053.7%
Sacramento, CA6 years,
11 months
$82,500$12,00053.6%
Seattle, WA9 years,
2 months
$185,000$20,84053.1%
Philadelphia, PA7 years,
11 months
$40,225$4,19451.7%
New Orleans, LA8 years,
7 months
$81,000$10,47551.5%
Boston, MA7 years,
10 months
$182,500$25,03649.6%

"The housing market can change a lot in 10 years, and you see that reflected in this top 10 list," says economist Dr. Svenja Gudell. "Buying a home is one of the biggest financial decisions people will make in their lifetime, and it really paid off for sellers in these cities. Every city on this list has been growing extremely fast over the past decade, with the majority passing peak home value hit during the housing bubble."

The ability to amass wealth over the long term makes real estate the No. 1 investment for most Americans, despite proven results from stocks and other vehicles.

"It's extremely difficult to time the market, but if you're a longtime homeowner in one of these cities, you could potentially see a great return on your investment," Gudell says.
Think Twice Before Storing Your Credit Card Information
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Image 2The convenience of saving your credit card information on your favorite sites is appealing - no more scrambling for your card, no more entering all that information - especially when it comes to purchases made on your mobile device.

Due to increasing incidence of data theft, the Better Business Bureau (BBB) encourages consumers to take into account the risks involved in storing their credit card information online.

This is an important consideration due to the increasing volume and variety of data theft over the past several years. The theft of personal information from medical insurance companies, restaurants and retailers has understandably made consumers wary about how their information is handled.

The BBB offers the following suggestions for protecting your financial information:

You can say no. In most cases, merchants will ask if you'd like them to keep your number on file. You have the right to say no. If a merchant isn't clear about their policy, ask about it.

Remove your credit card information. Some online merchants automatically store your credit card info without asking, so after you've made a purchase, log into your account and find the option to remove your payment information from a company's files.

Stay safe when you're out and about. Avoid making any transactions over a public Wi-Fi network that does not require a password. Hackers can set up a fake network with a name similar to that of the location where free Wi-Fi is offered. If you connect to it, they can get into your files and steal your information. Ask for the name of the location's Wi-Fi network before connecting.

Use credit, not debit. Whether you use a debit or credit card, you are protected from any liability due to fraud. Debit cards, however, allow cybercriminals to empty your bank account after a data breach.

Keep a close watch on credit and bank statements. Be vigilant about scanning your statements for unusual or unauthorized charges. If anything looks suspicious, call your financial institution right away.

Hope you found this helpful. If you're interested in information about the real estate market, please contact me.
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. 
Connect with me on:
Keller Williams Realty Integrity NW | 16201 90th St NE, Suite 100 | Otsego | MN | 55330

Monday, October 16, 2017

This Month in Real Estate October 2017

This Month in Real Estate
October 2017 Market Update
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Monthly VideoAccording to the National Association of REALTORS®, existing home sales fell slightly in the month of August. In spite of gains in the job market, rising incomes and strong demand, limited inventory is pushing up prices and edging out certain buyers.
 
Interest Rates
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Monthly VideoAccording to Freddie Mac, 30-year fixed rates ticked down from 3.86 percent to 3.83 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 5.35 million homes during the month of August. This was a decrease of 1.7 percent from July and an increase of 0.2 percent from August of last year.
 
Home Prices
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Home Price Graph
The median home price decreased to $253,500 in August, which was down 1.8 percent from July and up 5.6 percent from August 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 4.2-month supply of housing inventory in August, which was flat from July. The total number of available homes for sale has decreased by 6.7 percent compared to August 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. 

Friday, October 6, 2017

Four ways your home can boost your mood

www.partnersrealestatemn.com
How can your home make you happier?
Your home should be your sanctuary, a refuge from the stresses of everyday life, where you can relax, enjoy yourself and spend time with friends and family. If your home isn't bringing you the happiness it should, take a look at the following tips to help put a smile on your face whenever you walk in your front door.

Surround yourself with mood-boosting colors. Red, orange and yellow are most often associated with generating positive feelings. If those colors don't make you smile, surround yourself with the colors that you're most drawn to. Try using one of your favorite memories for inspiration. If you took a life-changing trip to Greece a few years ago, why not paint your bedroom the deep blue of the Aegean Sea?
Fill the air with blissful scents. Many scents, including jasmine, citrus and freshly baked bread, are reported to be linked to happiness. Scent is also closely linked with memory, so filling your home with a scent tied to happy memories will give your spirits a lift.
Create a dedicated space for your favorite hobbies. Spending time on activities that bring you joy is important to your overall happiness. Whether your passion is reading, painting or woodworking, having a space devoted to your favorite hobby will motivate you to spend more time doing what you love.
Bring the outdoors in. According to Psychology Today, there is a significant link between time spent enjoying nature and happiness. To bring Mother Nature indoors, fill your home with plants and fresh flowers or just open your curtains to enjoy the view of any nearby gardens or trees.

Simple tips like these can create a happier, healthier and more valuable home. Thank you for thinking of me for all of your real estate needs, and be sure to share my 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. 

Monday, October 2, 2017

Give your home a modern makeover

www.partnersrealestatemn.com
Four Easy Ways to Update Your Home
Does your home look the same as the day you bought it? Unless that was either last month or long enough ago to exude retro cool, it might be time to give your home a modern makeover.

Here are four simple ways to modernize your home:
1. Start painting 

Whether it's your home's interior or exterior that could use a spruce, grab that paintbrush and go for of-the-moment colors.
2. Curb the clutter 

Minimalism continues to reign as the top decorating strategy, so consider purging your décor of clutter and keeping just the essentials.
3. Let the light in 

Picture windows are one of the hottest home improvement trends of the moment.
4. Get smarter 

A smarter home, that is. Home automation tools like learning thermostats and video doorbells add efficiency and value.

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.