Pop Quiz: Can You Define These Key Terms in Today’s Housing Market?
The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up.
Terms like appraisal (what lenders rely on to validate a home’s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.
You don’t need to be fluent in the language of the market to buy or sell. Instead, let’s connect today so that we can translate the process together.
NEW LISTING!
FSF: 4837
Beds: 4
Baths: 2 full, 2 3/4, 1 1/2
3 Car Garage
New millwork and doors throughout entire home
Great main level living with Owner’s Suite and Laundry on the main floor
Matte black Bosch kitchen appliances including a double oven & 5 burner cooktop
All new American Standard toilets and all new plumbing fixtures
Perfect style and floor plan for entertaining or multigenerational living
Brand new 2nd Kitchen in lower level
Leather honed granite countertops and LVP in LL kitchen
A great room that lives up to its name with a newly added gas fireplace
2 sliding barn doors
Accent wall of vertical cut white oak
Corrugated metal fireplace and bar detail
Two lower level bedroom suites with large walk in closets, 3/4 baths: ceramic shower, frameless glass door, one with a double vessel floating vanity
Exercise room
Quiet neighborhood on a four acre lot with panoramic lake views (.8 acres dry land)
Bike to historic downtown Stillwater offering numerous dining and shopping experiences, the St. Croix River, Brown’s Creek and the Loop Trail
One house away from a trail that connects with Brown’s Creek Trail!
Short drive to William O’Brian and Afton State Parks
THINGS TO DO
YOGA
With the recent focus on mental health, now is a great time to give Yoga a try. Various styles of yoga combine physical postures, breathing techniques, and meditation or relaxation. It involves movement, meditation, and breathing techniques to promote mental and physical well-being.
Evening Yoga in the Park – Lake Elmo Park Reserve – Tickets/Info
Yoga on the Deck – Lora Hotel/Made Coffee – Tickets/Info
Yoga in the Vines – St. Croix Vineyards – Tickets/Info
Stand Up Paddleboarding Yoga at Square Lake Park – Tickets/Info
St. Paul Saints vs. Indianapolis Indians
Luxury Listing of the Week
4 BD | 5 BA | 4,837 SqFt | $1,25,000
Investor Deal of the Week
3 BD | 1 BA | 1,423 SqFt | $250,000
Courtesy of Keller Williams Premier Realty
Trends
Organize Your Whole House
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