October 2024

Each month we create a custom enewsletter introduction for you, we curate 5 or more timely articles on the market, and we provide you with a recipe of the month and DIY Video. 

Please review the content below and select what works best for you!

As the leaves turn and the air gets crisper, the real estate market is heating up with fresh opportunities. October is the perfect time to make your move, with the bustling energy of autumn motivating both buyers and sellers. The back-to-school rush may be behind us, but the desire to wrap up deals before the holiday season is in full swing, making it an excellent time to find your dream home or list your property.

NOTE: INSERT MARKET UPDATE HERE (CHOOSE NATIONAL AND/OR LOCAL) SEE OPTIONS BELOW:

Ready to fall in love with what the market can do for you? Take advantage of all this autumn season has to offer and turn up the volume on your cozy, fall vibes.

Whether you’re in the market to buy, sell, or stay informed, reach out for local market insights, personalized tips, and guidance to make the most of the real estate market this fall.

Let’s make this October your best one yet!

Here is our list of curated real estate articles for October 2024

Article A: How to Winterize Your Garden: Protecting Plants During the Cold Months
Article B: Home Renovations with the Best ROI for the Fall Market
Article C: Halloween Home Safety Tips: Keeping Trick-or-Treaters Safe
Article D: How to Create a Cozy Outdoor Space for Fall Entertaining
Article E: The Benefits of Buying a Home in the Fall: Why You Shouldn’t Wait for Spring

Recipe & DYI Videos

Recipe Option A – Creamy Chicken and Wild Rice Soup Recipe

Recipe Option B – Easy Pumpkin Cupcakes with Cream Cheese Frosting 

DIY Option A – DIY Small Bathroom Remodel

DIY Option B – How To Replace a Light | How To Anything

National and Local Stat Options:

National Update: The housing market remains steady, with existing home sales holding pace and median home prices seeing slight growth compared to last year. Inventory remains tight, keeping competition strong. However, with stabilized mortgage rates, fall offers motivated buyers an excellent opportunity to secure a home before the holiday season.

Mortgage rates are stabilizing, presenting promising opportunities for those ready to make a move. To stay updated on current rates, check out Freddie Mac’s current interest rates. These rates could be key to making the right purchase this fall.

Local Twin Cities Update: In the Twin Cities metro area, the real estate market has remained resilient despite economic fluctuations. According to the Minneapolis Area Realtors’ latest data, the median sales price for homes in the Twin Cities has risen by 3.2% year-over-year, now sitting at $375,000. While inventory remains tight, active listings have increased slightly compared to earlier in the year, offering more options for buyers. However, well-priced homes are still moving quickly, especially as motivated sellers look to close deals before the year’s end. Another key factor impacting the local market is mortgage rates. While national rates have fluctuated, rates in Minnesota remain competitive, providing opportunities for buyers to lock in favorable financing. As of early October, the average 30-year fixed mortgage rate in Minnesota is around 7.1%. While this is higher than last year, it still represents a solid opportunity for those looking to make a move. Keeping an eye on local lenders and national updates from Freddie Mac can help you time your purchase or sale wisely.