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Real Estate News Today

The Latest News in Real Estate and Property Management


Supply of starter homes drops
Twin Cities home sales slip in March
Lack of affordable homes keeps a lid on sales in the Twin Cities
Home sales dipped in 2018 but prices reached a record high
Want to get start in real estate investing?
Interesting advice on getting started as a real estate investor

Thoughts on renting vs. buying a home
Is home ownership your American Dream?

Common myths about being a landlord
Debunking 6 common landlord myths

How to get your house ready for renting
Important tips you NEED to know before listing your house for rent

Tips for home buyers
Top 10 things you need to know when considering buying a house

How smart landlords handle rentals
Tips from the experts

Dealing with charges to tenant's security deposit
What constitutes ordinary wear and tear?

Accidental landlords discover benefits of renting their home
StarTribune article on the growing business of property management including interview with REI president Steve Rajavuori

Renting better than buying in the Twin Cities?
It depends on how long you will stay in the home

Great time to invest in a rental property
Low prices and low interest rates make this a great time to start as an investor

Is your house worth less than what you owe?
Down But Not Out: Underwater Mortgages

With buyers scarce, rich renters will do
StarTribune article on rental of high-end homes including interview with REI president Steve Rajavuori

New American Dream is renting to get rich
Reuters article on advantages of renting

StarTribune article on housing future

More homeowners consider renting as an alternative when home doesn't sell
KARE-11 news report interview with REI Property Management president Steve Rajavuori

Twin Cities' area vacancies at record low
Minneapolis StarTribune interview with REI Property Management president Steve Rajavuori

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Real Estate and Property Management Blog

(1/24/18) Tight rental market! Rent prices are up this year, and there are not enough good homes to go around for all the renters looking. Its a challenging time to be a tenant, but great time to be a landlord!

(9/4/17) This is the time of year that sellers are getting nervous. The house was listed for sale all summer long, but did not sell. What to do now? If you don't *have* to sell you might take it off the market and wait for spring. But what if you DO need to sell? Renting is a great alternative for many homeowners. The market is flush with good renters, and there are fewer available rental homes. Contact us to get a free rental analysis and find out if perhaps renting your house is an even BETTER alternative to selling!

(12/11/16) Sellers PAYING at closing! We're seeing an unusual number of sales where sellers are losing money at closing. Rather than sell one of your greatest investments at a loss we encourage you to consider KEEPING the property and renting it -- turn it into a source of cash flow, and a long-term real asset. Contact us if you'd like help comparing numbers -- what will you get by selling now at a loss, compared to holding the property as a rental?

(10/3/16) If your house didn't sell over the summer months then its time to start thinking about renting as an alternative. Our agents can provide a free rental analysis to tell you how much rent to expect for your home. Let us help you determine if renting makes sense for you!

(11/2/15) Owners ask us if tenants are protected from eviction during the winter because of the "cold weather rule". The answer is "No" -- the "cold weather rule" relates to utility payments. If tenants fail to pay rent or break the lease during the winter they can still be legally evicted.


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