Closed sales fell 11.8% in February, making it the second month after several consecutive months of gains late last year in the Twin Cities metro area. This is in part due to higher-than-expected mortgage rates, economic uncertainty and a 6.1% increase in median sales price.
Posted In: Market insightsOur Edina Realty lawyers provide insights on what to do if your neighbor builds a fence that encroaches onto your property.
Posted In: Homeowner tipsLooking for a lakeside property within your budget? Learn how to make an affordable lake home possible for you with Edina Realty.
Posted In: Lakeshore, Buying a homeWhat you’re legally required to disclose when selling — including issues with your roof, plumbing, flooding, neighbor disputes and more.
Posted In: Selling a homeStaying home this spring break? Here’s a list of activities and ideas to give your family a week of fun — without breaking the bank.
Posted In: Homeowner tipsIn honor of Women’s History Month, here’s what to know about Edina Realty founder Emma Rovick, her values, and the legacy she leaves behind today.
Posted In: Local interestStay informed with the latest February 2025 real estate market insights. January’s mortgage rates hovered at around 7%, and affordability challenges persisted, causing buyers to put the brakes on making home offers after a four-month streak of gains.
Posted In: Market insightsIf you buy a home without having it inspected by a professional, you may end up with a lot of unnecessary repairs.
Posted In: Buying a home, First-time homebuyer tipsGain a distinct advantage over competing homebuyers by arranging for pre-approval financing before you put an offer on a home.
Posted In: Getting a mortgage, Buying a home, First-time homebuyer tipsHomeowners interested in selling a home should factor in how the home sale will affect their federal and state tax returns.
Posted In: Selling a homeFor sale: Properties which are available for showings and purchase
Active contingent: Properties which are available for showing but are under contract with another buyer
Pending: Properties which are under contract with a buyer and are no longer available for showings
Sold: Properties on which the sale has closed.
Coming soon: Properties which will be on the market soon and are not available for showings.
Contingent and Pending statuses may not be available for all listings