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One minute market update on the housing market in the Nokomis area for December 2024.The two things everyone wants to know when they ask "how's the market?":1️⃣ Has the value of my home gone up or down?The median sales price of a home in our neighborhood was…
Nate Lansing
One minute update on the housing market in the Nokomis neighborhood.The two things everyone wants to know when they ask "how's the market":1️⃣ Has the value of my home gone up or down?The median sales price of a home in Nokomis for October was $355,500 down from last…
Nate Lansing
The Nokomis East Neighborhood Association Halloween Decoration tour is here.16 homes have signed up to show off their scary Halloween decorations. These decorations have to be seen in person.For a map click here - https://bit.ly/3NL8dGIHappy…
Nate Lansing
Why have mortgage rates risen since the Fed rate cut?1) the Fed does not set mortgage rates. Mortgage rates more closely track the yield on the 10yr Treasury Bond. Recent economic reports have put upward pressure on the bond yields.2) the Presidential election is less…
Nate Lansing
Here's how my buyers beat out 6 offers to land this great home in South Minneapolis.1) Aggressive pricing strategy - Before submitting an offer, i provided my buyers an in-depth market analysis to make sure they weren't overpaying.2) Attractive terms - We discovered…
Nate Lansing
Minneapolis Parkshave begun Major trail improvements at Nokomis- Hiawatha Regional Park.
Week 1 - A new bike trail will be added west of Amelia Pond along Lake Nokomis Parkway. This new trail will provide separate paths for walkers and bikers.
Week 2 - Construction…
Nate Lansing
🚨 Neighborhood News🚨
A new Breakfast/Brunch/Broth restaurant is coming to the Nokomis area of South Minneapolis.
Located in the Hale neighborhood at the corner of 54th and Chicago, @stonegardenmpls will be serving homemade breakfast, brunch, and broth.…
Nate Lansing
According to Realtor.com this week is the best week of the year to buy. Here are three reasons why:1. Inventory typically peaks around the beginning of October. The evidence supports this as active inventory in the Nokomis area has hit its highest levels of the year.2.…
Nate Lansing
Let's take a tour of this "handyman special" in South Minneapolis. Wanna go on more tours with me? Follow me on Instagram here…
Nate Lansing
The Fed finally lowered interest rates .5%. Did rates fall too and what does this mean for buyers?Although the Fed funds rate fell, mortgage rates are more closely tied to long term bond prices and bond investors has already priced in the rate cut.What does all…
Nate Lansing
Let's break down the monthly cost to live in this 3 🛏️, 2🛁 townhome in the Regina neighborhood of South Minneapolis.Purchase Price $245,000Down Payment $12,25030 year fixed rate 6.125%Principle and Interest $1414Taxes $209HOA Dues $458Private Mortgage…
Nate Lansing
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