The seasonal spring market is exceptionally robust in Minnesota, and is the best time of year to sell a home. And now is about the time sellers start thinking about it! But before sellers make a decision, they often want to know the answers to these questions: What is the overall health of the market? How is my city and area performing compared to the overall market? And what can I expect from this year’s spring market? To find these answers, we need to take a quick look back at 2023, and look at the impact of mortgage rates on the Minnesota housing market.
Brownstones on France
Brownstones on France! 5200 France Ave S #32 is a sophisticated, one-of-a-kind luxury townhouse in the heart the Arden Park & 50th & France District. Designed and built by Ed Noonan, this elegant unit has 3 finished levels, 3 underground heated parking stalls, 2beautiful outdoor deck/patios, and 1 private elevator. Recent updates include new lighting, new paint, and new carpeting throughout. Check out the photos and details here.
Happy Holidays from The Spragues!
Happy Holidays! We are closing in on another New Year, filled with endless hope and possibilities. It’s a time to reflect on the progress made to date with gratitude, and to look ahead to continued growth in 2024. Here are a few thoughts.
Twin Cities Housing Market Outlook
Starting in 2022, the Fed began to cool inflation with a series of rate increases, causing mortgage rates to double in over a year, and further disrupting a supply chain affected by the 2019-20 pandemic. In 2024, how will these market forces impact your housing values in the Twin Cities? And what will be the best strategy for buying and selling a home? Check out our 2024 Twin Cities Housing Market Forecast and Predictions.
Top 5 Home Prep Tips for the Spring Market
Preparing your home for a successful spring market entry takes time, energy, and expertise. And with the early spring market starting in January, fall is a great time to start implementing your home prep and staging plan. Let’s take a look at our top 5 tips for prepping your home for the spring market, in the fall.
Lake Minnetonka Waterfront Homes
Lake Minnetonka Waterfront Homes for Sale are the most desirable luxury homes in Minnesota and perhaps the entire midwest. Following the pandemic disruption, Lake Minnetonka lakeshore sales continued to rise year-over-year, as luxury home buyers sought out larger and more expensive homes on the lake. Many older homes have also been torn down in the last 3 years as demand for Lake Minnetonka lakeshore has skyrocketed. Here is a look at some recent Lake Minnetonka Waterfront Home Sales, all listed by Lakes Sotheby’s International Realty.
Exclusive Reveal Party! The New Aston Martin DB12
Come join us this Saturday, August 5, from 6-9pm at Morrie’s Luxury Auto for the official unveiling of the new Aston Martin DB12! This exclusive unveiling is the second event in this summer’s Luxury Lifestyle Series, which includes the June Bentley Test Drive Event, the August Aston Martin Reveal Party, and the September Edina Car Show. The Luxury Lifestyle Series is sponsored by Josh Sprague, Lakes Sotheby’s International Realty, and Morrie’s Luxury Auto in Golden Valley, Minnesota.
Top 5 Edina Luxury Townhomes & Condos
Edina is a life cycle community for luxury housing, meaning as the household size and life circumstances change, so do the housing needs. And with the highest community retention rate in the state, Edina single-family homeowners tend to downsize and stay within Edina to retain the high quality of life, friends, and amenities they find here. So for the Edina empty nesters looking for downsize options, here are the Top 5 Edina Luxury Townhomes & Condos for sale right now.
Celebrate the Luxury Lifestyle!
Join us for three great Luxury Lifestyle events as we celebrate the best time of the year in Minnesota — the summer! Our Summer Series gives you personal access to some of the hottest luxury car brands in the world, including Bentley, Aston Martin, Mercedes, Maserati, and Ferrari. Each curated event will feature drinks, appetizers, networking, and upscale luxury vehicles. Here is the schedule, including our upcoming kickoff event “Bentleys & Scotch” on June 24.
Save the Date! 2023 Edina Car Show
Exciting News! This year’s Edina Car Show is moving to 50th & France, and will be held on Saturday, September 16, 2023, from 12 to 4pm. This homegrown car show features the best collector, exotic, luxury and classic cars from around the state of Minnesota. Enjoy food, cars, and fun on the streets of 50th as we celebrate back-to-school in September! Learn more about what’s happening at this year’s show.
