Should I Wait to Buy?

Should I wait to buy?     I'm waiting for interest rates to drop! I have heard that often in this market. Does it make sense from a numbers perspective? Let's take a look...       Every second counts in the housing market when there's so much demand for a relatively low supply of homes. Reach out to me to learn more about how getting pre-approved before starting your home search will make you agile enough to snatch up your dream home before anyone else can. If you wait to buy, that same home m...

Market Monday~ Minnetonka School District
Rachel Fredrickson 11 months ago

Market Monday~ Minnetonka School District~

The Real Estate Market in the Minnetonka School District has appreciated greatly over the last few years! The median sales price at the start of 2020 was just shy of $525,000, at the start of 2023 the median sales price was $666! We are now in May, 2023, what has happened with the market in the first 4 months of the year? The Median Sales Price in the Minnetonka School District was $675. The prices rose 1% or $9,000.  

What will happen in the remainin...
Market Monday~  Chanhassen Real Estate Market

Market Monday~  

Chanhassen Real Estate Market

The Real Estate Market in Chanhassen has appreciated quite a bit over the last few years! The median sales price at the start of 2020 was $390,000. At the start of 2023 the median sales price is just shy of $490,000! This is great appreciation! Home ownership was a great way to build your equity!

What will happen this year? Will the market continue to appreciate? Will it crash? That is THE question that everyone is asking. I am so disheartened to...
Market Monday~  Wayzata School District

Market Monday

Wayzata School District

The Real Estate Market in the Wayzata School District has appreciated quite a bit over the last few years! The median sales price at the start of 2020 was $495,000. At the start of 2023 the median sales price is just shy of $630,000! This is great appreciation!

What will happen this year? Will the market continue to appreciate? Will it crash? That is the million dollar question that everyone is asking. My answer is the same. I lost my broom stick and cryst...
Market Monday~ Hopkins School District

Market Monday

Hopkins School District

The Real Estate Market in the Hopkins School District has appreciated quite a bit over the last few years! The median sales price at the start of 2020 was $305,000. At the start of 2023 the median sales price is just shy of $360,000! This is great appreciation, but not quite as steep as it's neighbors to the west in the Minnetonka and Eden Prairie School District. 

What will happen this year? Will the market continue to appreciate? Will it crash? That is t...
Market Monday~ Eden Prairie School District

Market Monday~ Eden Prairie School District~

The Real Estate Market in the Eden Prairie School District has appreciated quite a bit over the last few years! The median sales price at the start of 2020 was $360,000 and at the start of 2023 the median sales price is just shy of $460,000!

What will happen this year? Will the market continue to appreciate? Will it crash? That is the million dollar question that everyone is asking me. My answer is the same. I lost my broom stick and crystal ball a...
Market Monday~ Minnnetonka School District~

Market Monday~ Minnnetonka School District~

The Real Estate Market in the Minnetonka School District has appreciated greatly over the last few years! The median sales price at the start of 2020 was just shy of $525,000 and at the start of 2023 the median sales price is just shy of $675!

What will happen this year? Will the market continue to appreciate? Will it crash? That is the million dollar question that everyone is asking me. My answer is always the same. I lost my broom stick and crystal...
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Rachel Fredrickson
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