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March 27, 2022

Interest Rates Jump, Decrease Duplex Buyer’s Power

The average rate on a 30-year fixed-rate mortgage jumped to 4.95% on Friday according to Mortgage Daily News. At the start of the year, they were […]
March 9, 2022

Minneapolis and St Paul Duplex Sales Shatter Record

Wow. Just wow. The average sales price of a duplex in the Twin Cities seven-county metro area that sold in February was $422,208. Not only was […]
March 8, 2022

Are You Waiting To Sell Because Of Tenants?

One of the most common reasons Twin Cities duplex owners tell me they’re waiting to sell is they are waiting for a tenant or tenant’s lease […]
March 3, 2022

If The Fed Is Raising Rates, Why Are Mortgage Interest Rates Down?

For months we’ve heard the Federal Reserve will increase interest rates when they meet later this month. In fact, temporary Fed Chair Jerome Powell said just […]