May 2021 RSS Feed

Kingfield is an established residential neighborhood in the Southwest community of Minneapolis and offers a broad assortment of cafes, coffee shops, and restaurants. Its rough boundaries are 36th Street to the north, 35W to the east, 46th Street to the south, and Lyndale to the west. You can’t deny the strong community spirit here, especially present at the Sunday’s Kingfield Farmers Market. No doubt Kingfield embodies the Minneapolis local life and no matter the season, this area is a place that’s always playing its own tune. We’ve listed some loved spots in the neighborhood below.

Kingfield Farmer’s Market 

Open Sunday mornings from May through October, the Kingfield Farmer’s market is the quintessential neighborhood farmer’s market. Right-sized…

Those of us Minnesota dwellers have witnessed a myriad of changes in the housing market throughout the Twin Cities over time. And it’s true — Minneapolis and Saint Paul continue to evolve. Even with changes that COVID-19 has brought upon our economy, along with the ever changing political backdrop of our communities, the demand for housing in the Twin Cities remains at an all time high. Home sales and prices skyrocketed as buyers outpaced sellers in some parts of the metro.

And so this leads us to the buzz term of the year: “It’s a Seller’s Market.” But what does that really mean for sellers, buyers, and real estate as a whole? While the market remains hot across most larger cities in the country, it’s hard not to acknowledge the growth and demand here…

Written by VIBE Owner/Broker Steve Anderson

This month's theme: Broken Records

Last month we left off talking about the importance of the spring market this year, and how it will set the tone for the selling season. Well here we are, smack in the middle of the spring 2021 market, and what are the numbers saying? Let's take a look!

We're going to start with some of the less drastic changes that we saw over April. Months Supply of Inventory, which is basically real estate's slug percentage, stayed below one month for the fifth month in a row, but did tick up to .9 this time. New Listings to hit the market also went up by a decent margin to just over 7,100, but that was sort of to be expected given the time of year. Still not enough to put a dent…