When going through the process of a divorce, you need a well-supported, expert appraisal that will stand up in court. We work with attorneys to ease the process and get the appraisal documents completed in a timely manner. In many cases a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of the divorce. We have the expertise and professionalism to work with everyone involved and are ready to assist with your needs.
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New research suggests that for the country as a whole May, June, July are the best times to sell with an overall 6% increase in May for estimated market value. However, in the Twin Cities Metro the best month to sell is June with a increase of 3.1 % in value.
Families are looking for more functionality in their homes along with durability.
The two suburbs of Edina and St Louis Park while bordering each other have very different landscapes in terms of the likelihood of a home being torn down and rebuilt. Edina’s premier school district is likely the biggest driving factor in the decision for young families to build in Edina.
Planned amusement theme park and water park to open in 2017. The job growth this project will create will likely drive demand for housing in the NW metro for years to come. Historically, employment and access to employment are primary drivers in locational appeal of residential real estate.
The housing demand for multi-family development has continued to increase in the western Twin Cities metro suburb of Maple Grove. These 371 apartments under development trails only the city of Minneapolis (611 units under development) and Blaine. (430 units under development).
The number of million dollar plus home sales within the Twin Cities metro area in the past year 491 and counting has passed the number 453 that sold in 2005 at the peak of the last real estate cycle. Additionally, the supply of homes in that price range has decreased from a 38 month supply in 2009 versus a 13 month supply today.
After the recession of 2007-2009, the national housing market has been on a steady upswing.
According to recent data, there have been 41 consecutive months of month-over-month gains. Nationally, home values have increased 5.6% year-over-year through July while the housing supply has decreased to 4.8 new homes per month.
With the housing market values skyrocketing, now is the perfect time to sell. An appraisal from Anthem Valuation will help you sell your home for a great price in no time! Click here to learn more about the steady incline of existing home sales.
In the state of Minnesota, if you don’t leave a will or neglect to name a personal representative before you die, the court will appoint one for you. Your personal representative is required to determine the value of all Minnesota real estate.
Real estate is probated in the state it is located. For more information on wills and real estate appraisal services you might need in the event of a death in the family, read what Minnesota’s Attorney General has to say about probate and planning.