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Are you considering buying a luxury home? Are you in a home that non longer fits your needs? If you are ready to upgrade to a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report. This report shows that in today’s premium home market, buyers are have an advantage. This is also the case in the Twin Cities area. Luxury home inventory The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in Minnesota and the Twin Cities market. This means that homes are often staying on the market longer or can be purchased at a discount. If you currently have a starter or trade-up home to sell you will find a large buyer pool of competing buyers, and often we find ourselves in a multiple offer situation and receive...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="17909" img_size="full" qode_css_animation=""][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" css=".vc_custom_1525963373418{padding-top: 50px !important;padding-bottom: 50px !important;}"][vc_column width="1/2"][vc_column_text]Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. As a result, real estate was on of the top options for best long-term investment. For the fifth year in a row, real estate has come out on top as the best long-term investment! The study makes it a point to draw attention to the contrast in the sentiment over the last five years. In this case compared to that of 2011-2012. When gold took the top slot with 34% of the votes. Real estate and stocks took second and third place, respectively, while still in recovery from the Great Recession. Bottom Line As the real estate market has recovered, so has the belief of...