Feel The VIBE

There’s truly no neighborhood in the Cities that’s more hip than the North Loop (quite literally - Forbes magazine called the North Loop “One of America’s Best Hipster Neighborhoods.”) It’s one of the most vibrant and walkable areas, known for it’s good mix of history and gentrification. This melting pot of trendy shops and innovative restaurants has transformed historic warehouses. With Target Field and Target Center situated here, you’ll find an array of sports bars, cocktail lounges, local shopping, and of course - the crowds. 

The North Loop is also home to a beautiful section of the Mississippi Riverfront where cyclists, joggers and pedestrians enjoy well-maintained trails and families enjoy the playground in a city park that features tall trees…

The days are getting longer and we can see the light at the end of the tunnel, literally. The sun is starting to shine, the snow is beginning to melt, and that only means one thing — spring is in the air. While we aren’t necessarily holding our breath that we won’t see another quick gnarly snow storm in May, (hello Minnesota?!) we can’t deny that the spring market is upon us, AKA peak season for real estate. 

First, let’s face it, doing just about anything in the winter is more difficult and that includes moving in and out of a home. The homes that didn’t sell in the fall are now coming back on the market, and many people want to sell and buy before school starts in the fall and before the snow starts up again this coming winter. Though the market…

We left off last month pleading for warmer weather, and it appears mother nature finally had the volume turned up, because we are getting it! In the first week of March, we have three days, yes THREE, that look to be in the fifties, with one of those days hovering around the sixty degree mark (checks pulse). While we'll have to wait until next month's recap to see how the warm weather plays into the spring real estate market, the numbers for February are hot off the press, so let's dive in shall we?

We're going to start with the tamest differences that we can compare to last month's numbers. First off, Days on Market. This went down, again, but only by one day. While that's not a drastic change from January, it is a full 50% lower than where it was…

Q&A With MP3 Studio

It's true, we've all been staying home more this past year than ever before, and with that in mind, we’re acknowledging home as a sanctuary while channeling home design and interiors. Being in real estate, we've always appreciated a good eye and tasteful design, so we wanted to gain and share insight from some of the best in the Twin Cities. Read up on our Q&A with President/Senior Designer, Greg Walsh from the internationally recognized design firm MartinPatrick3 Studio. You may recognize MP3 as the sophisticated boutique in North Loop; but aside from their custom suits and contemporary furnishings, they have an on-site interior team that offers mid to high-end residential design services.

"Our space is always evolving, but our…

Just minutes from downtown Saint Paul, Payne-Phalen is known for its history, outdoor beauty, easygoing character, and vibrant diversity. From the waters of Lake Phalen to it’s notable hole-in-the-walls, this area is good for an afternoon visit and even worth considering relocating to. With it’s excellent location, green parkways, and connected trails—you have fast access to all the metro area has to offer. Looking to scope it out? You’ll find respite outdoors along with great restaurants which we’ve made sure to highlight below.  

Saint Paul Brewing (Previously Known as Flat Earth Brewing)

Saint Paul Brewing is proud to be one of Minnesota’s original craft breweries. Previously known as Flat Earth Brewing, they recently rebranded and still…

 

It's 2021, and if you've paid any attention to the Twin Cities real estate market over the last year, you may have noticed that things have changed a bit when it comes to selling a home. There's no question that buyer demand is at an all time high, but pair that with a global pandemic, and you've got yourself quite a chaotic home-selling cocktail.

So what's changed? Well, from a real estate market standpoint, we basically skipped the busiest selling season of the year in 2020. Spring market was gearing up to likely be a busy time for buyers and sellers alike, with lots of listings preparing to hit the market that would have helped balance out some of this intense buyer demand. Then, 'round March, that all changed. Overwhelmingly, sellers…

New beginnings...

The first month of 2021 is officially in the books! After riding the err...bumpy rollercoaster of last year's market, we look to January's numbers to see what the new data is telling us about how the spring may shape out. There's a reason for the term molasses in January, and if you live in Minnesota, you're probably already aware that it's almost always the coldest month on record here. Turns out, that has an effect on the real estate market as well, because historically, it's a pretty slow month for home sales. Weather-wise, however, this January was pretty tame. Yes - there's a polar vortex coming, but it's February now! All that said, let's look at the numbers to see what they can tell us. New listings went…

If you’re familiar with Minneapolis at all, chances are you know about this neighborhood where old meets new. The sprawling Northeast community is an ever developing area with a food and drink scene as innovative and diverse as the generations that live there. Known for art galleries and studios in the Northeast Minneapolis Arts District, along with an eclectic mix of artisanal food shops, craft breweries, dive bars, and many bakeries. Dining options range from experimental restaurants like Hai Hai to old-school spots like Dusty’s Bar. River views are plentiful, and you can find Boom Island Park nearby which offers downtown skyline views and a footbridge to Nicollet Island. 

We’ve gathered some notable places to add to your list when you visit…

We made it! 2021 is officially here, and there's a renewed sense of optimism in the air for many. That optimism doesn't walk through the door on its own, though...it comes with some baggage. First Monday of the year jitters? Yup. Anxiety around creating (and sticking to) your new Year's resolution? Oh, for sure...and the list goes on. After a long holiday season of relaxing and bending the rules around our normal eating habits, reality has set in that we can't do that forever. Now is just as good of a time as ever to get back into the swing of things.

So what do your 2021 goals look like? This is the time of year where you get to decide what you're going to set out to accomplish, no matter how big or small. Speaking of big, one of your future goals…

A year like no other...seriously.

We have done our best to bring you accurate and timely market information throughout 2020. As this crazy year comes to a close, we wrap up the past data and look forward to the changes ahead. It will be extremely important to keep up with the market over the spring of 2021, as we are hoping to see a bit more balance in the real estate world. Now, let's recap December and see how things turned out.

For new listings last month, it should come as no surprise that we went a bit down from November, and landed not far off from where we were last year at this time - 2,820 to be exact, which is only a few hundred above 2019. That category alone, however, does not showcase the amount of demand still present, because as we…