Key insights

• Even if you aren’t planning on selling until spring, there are still plenty of tasks you can accomplish to get your home ready for listing.
• Spend your indoor time deep cleaning and decluttering your space.
• Whether it’s a DIY project or a professional remodel, use the next few months to do some home updates so you can space out your payments and timelines.
• Start assembling all your important home documents, like owner’s manuals and tax documents.
• Find a REALTOR® who can help you on your home-selling journey.

Selling during the winter in the Midwest isn’t always appealing. Between chilling temps, snowstorms and holiday gatherings, there’s plenty going on to keep you indoors and busy. And while it’s totally possible to celebrate the season, schedule showings, sell and move, it’s understandable if you’d rather wait for warmer temps.

Whether you’re thinking of downsizing or planning a move up into a home that better fits your family, there are certain goals you’ll need to meet before you sell and steps you’ll need to take to start the selling process.

If you’ve decided to sell, but are waiting for the spring to avoid the holiday hustle and winter mayhem, there are still plenty of things you can do to get listing ready. Here are a few projects to consider taking on while you’re hunkered down at home.

Clean and declutter

Cleaning now might seem like a waste — after all, your space isn’t going to stay clean for months — but there are plenty of places that you might ignore or that could use a deep cleaning now. Then, come spring, you’ll only have to touch them up. Cleaning now also allows you to get a fuller picture of what you own, so you can start the decluttering and organizing process.

Decluttering your home not only makes it feel more spacious but will help ensure that you’re not bringing things you don’t want or need into your new home. Doing this early will help you feel less panicked (plus, it gives you the extra time to say goodbye to the more sentimental parts of your home).

While you’re cleaning things up and putting them away, it’s a good time to reevaluate your storage. (Remember that having ample storage space is a key essential that buyers look for.) If you’re finding items that you want to keep but are taking up valuable space, you might consider packing them up and moving to a storage unit. This process will also help with staging when the time comes for showings.

You’ll still have to do a good spring cleaning before listing, and you’ll have to keep your space nice and tidy during showings, but getting a head-start on deep cleaning and decluttering will save you a lot of time later.

Make repairs and improvements

Chances are, your home probably needs a few quick fixes. Since you’re probably unable to work on your curb appeal, start with some small indoor projects. Painting a room a neutral color, unclogging slow-moving drains or fixing a creaky stair are some quick fixes that can help you build momentum in getting your home in order.

Larger projects, like remodeling a room or updating a kitchen, are bigger financial projects that could involve contractors and longer timelines. Starting now allows you to space out your purchases and costs and ensure you have plenty of time built in for setbacks and finding the right specialist or product.

As you’re going through your home and making updates, you’ll also want to note any issues you’re not fixing for your disclosures — something your REALTOR can help you with.

Get your papers in order

While in the midst of decluttering and making updates, keep your eye out for owner's manuals, paint colors, manufacturer information and other documentation that the next homeowner may want.

It’s also helpful to assemble some of your insurance documents, as insurance coverage and rates have become a larger concern for buyers. Your future potential buyers may have questions about your policy and premiums, or about certain factors about the home that could impact insurance coverage.

You can also start to consider what papers and forms you’ll need down the road when you’re at the closing table, like property tax receipts and proof of repairs.

Find a REALTOR

Having an expert REALTOR in your corner can be crucial to your success. A REALTOR will help you determine how to price your home, how to effectively market it and make sure all the “I”s are dotted and “T”s are crossed, just to name a few of the advantages. The selling process can be complicated, and a licensed REALTOR has the training and experience needed to help pave the way for a quick sale at the highest price with the least amount of stress.

Get in touch

If you’re ready to get started on your selling journey, reach out. I can provide recommendations and do a property analysis to help you determine your home’s value.

Key insights

• Most experts recommend spending a maximum of 28-35% of your pre-tax income on your housing expenses.
• It’s important to keep in mind that other debt obligations — like student loans, car payments and credit card minimum payments — will also be factored in when you apply for a loan.
• While expenses like groceries, gym memberships and cell phone plans won’t be considered by a lender, it’s important to minimize this spending so you can easily meet your monthly debt obligations.

Understanding your housing expenses

When a lender reviews your loan application, their main job is to verify that you are a low-risk candidate who will be able to cover your monthly housing expenses for the full life of the loan. To do this, they will first calculate your monthly PITI:

• Principal of the loan
• Interest on the loan
• Taxes (estimated from annual payment)
• Insurance (estimated from annual payment)

While every lender is different, and every loan application is reviewed independently, the general rule of thumb is that your monthly PITI should be between 28-35% of your monthly income before taxes. This number is known as your front-end debt-to-income ratio.

Understanding your debt obligations

Of course, you may have other long-term loans or debt obligations that you pay each month. Lenders will also take these debts into consideration as they review your loan application.

The easiest way to think of a debt obligation is to consider who you are paying back. Common debt obligations include:

• Student loans
• Car payments
• Child support payments
• Credit card minimum payments (if you have a long-term balance you are trying to pay off)
• Medical or hospital bills

To calculate your back-end debt-to-income ratio, the lender will add up your monthly debt obligations, including your hypothetical monthly PITI. They will divide that by your total monthly income before taxes.

Typically, lenders are looking for a back-end debt-to-income ratio of 35-45%. But again, every lender varies and your personal financial history and income history will also be factored in.

What about other expenses?

You have daily, weekly and monthly expenses that won’t necessarily be taken into account by a lender — but that doesn’t mean you shouldn’t think about them as you begin the path to homeownership.

Before you apply for a mortgage, take stock of your monthly expenses, including:

• Groceries
• Gas or transportation costs
• Restaurants, coffee shops and gas station pit-stops
• Mobile phone plans, cable television plans and streaming services
• Shopping and gifts

No one is perfect, and it’s likely that you could tighten up one or two of your spending categories without too much effort. Your lender may not notice, but you’ll find it easier to afford your monthly PITI and debt obligations when you minimize your other expenses.

For more information as you begin your homebuying journey, reach out today.

Key Insights

• You don’t have to spend a lot to secure your home while you’re away
• A few proactive steps can go a long way towards preventing unwanted visitors
• Building community with neighbors can be a great way to detect suspicious activity

Whether you’ve got a week-long vacay on the books or just a weekend getaway, you’ll want to take precautions to make sure your home is safe and secure while you’re out and about. Here are some practical and affordable ways to protect your property while you’re away.

1. Fake being home

Making it look like you’re home is the best way to deter burglars. With smart plugs, timers and lights, it’s easier than ever to make your home appear occupied by turning lights and TVs on at different times throughout the day and night. Consider leaving your blinds or curtains at least partially open (your plants will also thank you) to give a natural, lived-in look. Better yet, ask a neighbor to park in your driveway and move your garbage bins.

2. Lock all the entries

While it may seem obvious, make sure to double-check every possible point of entry to your home before you head out. This includes front and side doors, sliding doors, garage doors and windows. Engage locks and deadbolts, and consider reinforcing door frames with heavy-duty deadbolts and strike plates for added security. If you have a smart lock, you can often set alerts for any unusual activity.

3. Light up the exterior

Making it difficult for unwanted visitors to lurk in the shadows is one of the simplest ways to protect your home. By installing motion-activated floodlights or solar lights near entryways and walkways, you’ll not only create greater personal convenience and safety, but you’ll also protect your home. Make sure to trim bushes and trees near windows, too.

4. Put in a home security system

Whether you choose to install a professionally-monitored security system or go the DIY smart-home route, home security is more accessible and affordable than ever. Many DIY options send alerts directly to your phone and come with cameras that monitor and record activity. Visible cameras and “protected by…” yard signs can also act as deterrents.

5. Keep your adventures private

While you might be tempted to share photos and details about your adventures with friends and followers online, it’s best if you save them until you get home. You don’t want to inadvertently advertise an empty house. Similarly, don’t advertise your location in real time.

6. Make arrangements for packages and mail

Packages piling up in the mailbox or on the front steps are a sure signal nobody’s home. Make sure to use the USPS Hold Mail Service, reschedule or reroute expected deliveries, or ask a neighbor to collect your mail and bring packages inside.

7. Safely store your valuables

Always store passports, jewelry, cash and documents in a fireproof, bolted safe to keep them safe from environmental exposure and burglary. In the unfortunate event that someone gains entry into your home, keeping your most valuable belongings out of predictable locations like closets and drawers is important.

8. Ask a neighbor for help

If you have trusted neighbors, request that they look in on your property while you’re away. Ask them to keep an eye out for unusual activity, water plants, bring in trash bins and packages, and monitor the home for any issues with your HVAC or water while you’re gone. Then offer to return the favor the next time they travel!

9. Keep your codes close

Discourage your family members from sharing your door and garage codes with others, and change them often. If you have somebody taking care of things while you’re away, give them a temporary code. Never share codes with service people, and change locks if keys go missing.

10. Don’t overshare when it comes to purchases

Try to keep announcements of big purchases and vacations off social media. If that proves impossible, adjust your privacy settings to include only trusted friends and family. Remember not to post on pages that could advertise your absence, like pet-sitting agencies, hotel chains or airline and cruise line pages.

Hoping to make a move?

Reach out today to determine your home’s value or start your search for a new abode, complete with smart lighting and home security.

Key insights:

• Prices are still rising across the Twin Cities metro, Minnesota and Wisconsin.
• The supply of homes for sale is growing, but it’s still a seller’s market.
• Days on market continue to increase, giving buyers more time to make decisions.
• Interest rates dropped to a three-year low in mid-September, giving buyers more buying power.
• Real estate is hyper-local, and an experienced professional is essential.

Fall homebuyers, take note

If you didn’t meet your homebuying goals this summer, don’t fret—there’s still time to get into your dream home before winter weather sets in. In fact, while it’s still a seller’s market, conditions have been moving to be more favorable to buyers, with homes staying on the market for longer and interest rates hitting a three-year low in mid-September. And with some buyers deciding to wait until after the holidays to resume their home search, those who continue on the hunt now can benefit from reduced competition. Here are five insights you can use as you look to buy your home this fall.

Buyer reality #1: Home prices continue to rise

Affordability remains a top concern for many buyers, especially those buying their first home (reminder that current homeowners have record-high equity and can put it to work on the purchase of their move-up property). This has made some would-be buyers delay their home purchase, hoping for prices or interest rates to come down.

In August, the median sales price climbed 2.3% in Minnesota to $360,000, 2.8% in the Twin Cities metro to $399,999 and 5.3% in Wisconsin to $338,000. High demand and low inventory have left buyers competing over the same homes, which drives up sales prices.

The reality is that home prices are likely to continue to increase, and would-be buyers who delay their purchase are missing out on building home equity and personal wealth. This makes waiting more expensive in the long run.

Buyer reality #2: Home inventory is growing, but remains low

The good news for buyers is that home inventory has been growing for the past 24 months (August marked the first decline in the metro area), giving them more options and reducing competition slightly. That said, it’s still a seller’s market, which is marked by an undersupply of homes for sale. Generally speaking, a balanced market needs around five to six months of supply. Anything less is a seller’s market; anything more is a buyer’s market.

• Minnesota is undersupplied with 3.1 months
• The Twin Cities 16-county metro is undersupplied with 2.7 months
• Wisconsin has a range of 3.6 months in urban counties to 5.9 months in rural counties (July data)

Buyer reality #3: Homes are taking longer to sell

When buyers compete over the same properties, sellers reap faster sales, especially when there is a shortage of homes for sale on the market. But the good news for buyers is that with growing supply, the average time a home spends on the market before selling has been increasing in recent months, averaging:

• 42 days in the Twin Cities 16-county metro area, according to the Minneapolis Area Association of REALTORS®
• 40 days in Minnesota, according to the Minnesota Association of Realtors
• 66 days in Wisconsin, according to the Wisconsin Realtors Association (July)

This gives buyers more time to make decisions and find the right fit. However, buyers should still have a clear plan for what they’re looking for, in what area, at what budget and in what timeline.

Buyer reality #4: Rates can impact buying power and market activity

Mid-September brought a decrease in mortgage interest rates, giving buyers more buying power. Even a slightly lower interest rate can offer significant savings on a monthly mortgage payment and give buyers the ability to afford more home or expand their search.

Buyers who are waiting for interest rates to come down further should consider this: when rates are lower, more buyers enter the market, which increases competition and can increase sales prices as a result. No one market metric operates in a vacuum, and while a lower rate offers more buying power, increased competition and sales prices can have the opposite effect, so it may not pay to wait for rates to drop further.

Buyer reality #5: Markets are hyper-local

Neighborhood, location, condition, price, property type, timing and more play a role in real estate market dynamics. While you may have access to information, it takes an experienced professional to help you understand what it all means so you can make an informed decision and move forward with confidence.

Thinking about buying?

Ready to start your home search and get settled before the holidays? Reach out for the real estate help you need to achieve your homeownership goals.

All Minnesota and Twin Cities information is based on data reported by the Minneapolis Area Association of Realtors for Aug. 2025. Wisconsin information is based on data reported by the Wisconsin Realtors Association for July or Aug. 2025.

Key insights:

• Buyers are searching for homes in move-in condition. With some simple upgrades, your pre-loved house can become a competitive listing.
• Rather than undertaking an entire home renovation, select a few updates that can be done quickly, inexpensively or DIY.
• Pay special attention to additions that buyers are known to love, like hardwood floors, exterior light fixtures and painted cabinets.

Wondering if you need to remodel your entire house before listing? Thanks to a 2024 study, “What Home Buyers Really Want,” conducted by the National Association of Home Builders (NAHB), you don’t have to guess. Now, you can appeal to today’s buyers by making a few easy tweaks to your property.

Plus, according to findings from the National Association of REALTORS®, 85% of today’s homebuyers purchased previously owned homes. So, if you’re thinking your pre-owned abode can’t compete with newly constructed properties, think again! Many buyers are searching for homes like yours — and they’re likely paying full price, too.

Below are five home projects that are smart, inexpensive and can help polish an outdated space. Plus, 80% or more of NAHB’s survey respondents deemed them essential or desirable!

1. Laundry room

A dedicated laundry space is a big draw to home buyers. Included are a washer, dryer, folding/ironing area and storage for drying racks, stain treaters, detergents and drying sheets. Remember that a laundry room often doubles as a space for cleaning supplies, so cabinets, closets and shelves all add value to the space. Bonus if there’s a utility sink for handwashing delicates and filling up mop buckets!

2. Outdoor space

Whether it’s a patio, porch or deck, buyers are eager for outdoor space that allows them to relax outside when the weather is nice. These areas can vary greatly from enclosed, backyard oases to a cozy corner to stop and chat with neighbors; it all depends on the space you have and how you use it. Landscaping is also a great way to increase curb appeal and doesn’t have to involve a lot of labor to upkeep while you’re on the market.

3. Energy Star windows

Energy efficiency is a huge draw to potential buyers, and windows are a great place to start. Energy Star certified windows meet specified performance criteria that will help reduce a home’s energy use, lower utility bills and prevent air leaks and drafts, allowing homeowners to create a comfortable climate within their home. They also feature multiple panes of glass that are often cushioned with gas to help with insulation, as well as insulated frames to minimize heat transfer.

4. Exterior lighting

Not only will exterior lighting add visibility and safety to the property in the long haul, it will also improve your curb appeal as you sell your home.

Here are a few creative ways to install additional lighting to the exterior of your home:

• Replace front door lighting fixtures
• Add uplighting under the front porch
• Insert in-ground lighting along walkways
• Illuminate a pergola or deck with cafe lights

5. Hardwood floors

Hardwood floors are a go-to renovation for soon-to-be sellers. If your home already has hardwood floors, you’re in luck. Simply give your floors a clean and fresh shine by refinishing or resealing the wood.

If your property currently has carpet, linoleum or other flooring, it may be time to upgrade to hardwood floors. Laminate options are available for less money, while true hardwood will cost more (and may be more appealing to buyers).

Other highly sought-after features

Don’t have the money for new windows or the space for a dedicated laundry area? Here are a few other highly-rated updates noted by NAHB:

• Ceiling fans
• Garage storage
• Tankless water heaters
• LED lights
• Outdoor fireplace
• Table space in the kitchen or built-in seating in the kitchen

Moving forward with a home sale?

Looking for more tips about the selling process? You can rest assured that you have a market expert guiding the path to a successful home sale. Reach out today for help choosing smart home updates and posting your “for sale” sign.

Key insights:

• Those suffering from too little room or an ineffective space may be due for a move-up into something larger and with more amenities for a growing family.
• With lower mortgage rates, it is a good time to enter the market as a buyer. Fall also offers a less competitive market for homebuyers seeking the right fit.
• Home equity is at an all-time high, giving move-up buyers the financial backing to take on a larger down payment and mortgage.

You’ve been in your home for a while and feel like you’re ready for a change into something bigger and more in line with your family's needs. But is now the right time? Should you wait until the rates go down or the market changes? Would your current house even sell?

Before you make up your mind based on what-ifs, let’s take a closer look at why moving up may be the right choice and what you can expect from the market.

Do you need to move on and move up?

First things first—are you ready for a move up? Truthfully, you probably already know if your family needs more space or better amenities, but if you’re still unsure, consider these questions:

• Have you had additions to your family since you bought your home (kids, pets and parents)? Do any of them require their own room, a space in the garage or additional safety precautions like a fenced-in backyard or fewer stairs?
• Are you frustrated with your home’s layout? Is it making it more difficult to do everyday tasks like cooking, laundry or taking the dog outside?
• Are you spending more time traveling to work, school activities, doctors or visits with family and friends?

If you’ve answered yes to any of these questions, your family is probably ready for a move-up. Something with more rooms, a bigger yard and more functional space is needed for your family to live comfortably. Even if you feel like you can make your current home work, there’s most likely another home that would better suit your needs and make your home feel more like a haven, rather than a space you squeeze into.

Is it a good time to move up?

Fewer pending sales, slightly lower sales prices and fewer new listings are hallmarks of the autumn market. Fewer buyers in the market leaves more room for you to find the right home at a slower pace and with less competition. Sellers are often motivated to sell during this period, too.

Mortgage rates have also been coming down, causing reluctant buyers and sellers to enter the market and finally take action to either buy or list. As baby boomers continue to age, many are looking to either downsize, move closer to family or enter a 50+ community, adding a range of homes that are perfect for growing families. If you’re worried about rates rising again, know that you may be eligible to lock in your interest rate.

What does this mean? Homeowners like you are finding that selling and buying are a viable option. Those who are looking to trade up are in an especially good position.

Can you afford to move up?

According to data from CBS, the average homeowner has about $313,000 in equity in their home. As your home equity continues to grow, so does your home buying power. Note that the longer you’ve been in your home and the more you pay toward your mortgage, the higher your equity grows. Home price appreciation also contributes to the wealth of homeowners, and the steady rise in median sales prices is a good sign for current homeowners who are growing their wealth in hopes of a home trade-up.

In June of 2025, nearly 30% of existing home sales were paid for in cash by homeowners using the equity from their previous home sale, according to the National Association of Realtors (NAR). According to the 2025 NAR Home Buyers and Sellers Generational Trends, 45% of respondents noted that the down payment on their new home was paid for by the equity accumulated from their last home.

Ready to trade up?

Let’s talk about what your home could be worth and what amount of equity you could be working with as you start your search for a new home.

If you’re ready to get off the fence and into today's market, reach out and we'll get you started with the move-up process.

Key insights:

• Sellers have historically high equity, and homes are at historically high prices.
• The market continues to favor sellers despite supply gains and longer market times.
• Sellers can’t name their price; the market sets the home price.
• Sellers don’t get a second chance to make an impact, and pricing a home right from the start is crucial.
• Homes are spending a longer time on the market before selling.

When it comes to real estate market trends, it’s common for consumer expectations to be a little bit behind the reality of market dynamics. That’s why it’s important for buyers and sellers to work with a knowledgeable REALTOR^Ⓡ who has access to the latest market data, including hyper-local housing statistics, rather than relying on headlines and hot takes.

Nationally, areas in the South and West are tipping in favor of buyers. But in the Midwest and Northeast, real estate continues to favor sellers, according to information reported by Keeping Current Matters. Here are four realities for today’s sellers in Minnesota and western Wisconsin.

Seller reality #1: Today’s homeowners have record-high equity

At the end of 2024, the average mortgage-holding homeowner had approximately $311,000 in equity, according to Bankrate. Home equity grows when:

• You pay off more of your mortgage (and your home’s value stays steady)
• The market goes up and your home’s value increases (thanks to supply, demand and home price appreciation)

While some homeowners feel compelled to stay put due to a super-low interest rate, the reality is that capitalizing on your home equity and capturing a great price for your current home could mean you’re able to buy a new one that’s a better fit and still a smart financial move. It’s still a seller’s market, with months’ supply well under the 5-6 months needed for market balance.

Seller reality #2: Prices are at record highs, but you can’t name your price

A home is only worth what the market is willing to pay for it. Today’s buyers are discerning. They know the neighborhood and home features they are looking for, and how much they are willing to pay. Their primary focus is not to give you what you want for your home – it’s to pay what they believe your home is worth. Furthermore, record-high prices and interest rates in the 6-7% range have made affordability a key concern for many buyers. The great news is that many of today’s sellers are capturing close to 100% of their list price – and homes are at record-high prices.

Your Edina Realty agent will provide a comparative market analysis, which takes into account your property, the neighborhood and other public record data, to help you set your listing price. Once you know how much your home is worth in today’s marketplace, you can determine if it’s the right time to sell.

Seller reality #3: Inventory is limited, but buyers will move on

Sellers often have an attitude of “let’s try it and see” when it comes to setting their listing price. Many sellers believe a strategy of pricing their home higher will give buyers “room to negotiate down,” but the opposite is true.

Your home gets the most exposure and interest (online and in-person showings) in the first two or so weeks after it’s listed. This is when buyers are searching and adding homes to their list. If they see one that is out of their price range, they will move on. By overpricing your home, you may lose showings and even offers during that critical time.

Seller reality #4: Homes are taking longer to sell

The average time a home spends on the market before selling has been increasing in recent months, averaging in July 2025:

• 40 days in the Twin Cities 16-county metro area, according to the Minneapolis Area Realtors
• 38 days in Minnesota, according to the Minnesota Realtors Association
• 66 days in Wisconsin, according to the Wisconsin Realtors Association

These longer market times are due to growing home inventory, which gives buyers more options, less competition and more time to find the right fit.

Knowing what to expect when it comes to the time your home needs to be market-ready and staged to sell can help you feel confident as a seller, especially as you set your daily cleaning habits to ensure you and your home are always ready for a showing.

Thinking about selling?

The ever-changing market can be difficult to navigate – especially because real estate is hyper-local. Reach out today to get started on the buying or selling process.

Key Insights

• Minnesota and Wisconsin offer a variety of fun fall activities to get you in the spirit.
• Fan-favorite annual events like the Minnesota Zoo’s Jack-O-Lantern Spectacular are back for 2025.
• Get your tickets early and plan ahead—many events sell out!

Fall in Minnesota and Wisconsin is undeniably special. Be sure to enjoy the vibrant colors, crisp air and seasonal events by taking part in the variety of activities hosted across both states. From evening events on haunted ships to days spent at orchards with apple picking and hard cider, there’s something for everyone to enjoy.

1. Visit the Minnesota Zoo for the Jack-O-Lantern Spectacular

While the Minnesota Zoo is a favorite place for those who want to observe and learn about wildlife, this season it also features thousands of enchanting carved pumpkins at the month-long Jack-O-Lantern Spectacular. This “naturally magical experience” is ticketed, so be sure to reserve your spot in advance.

Date: Sept. 26 – Nov. 2, 2025

Time: View the website for specific times

2. Check out the MN Landscape Arboretum’s Scarecrows in the Gardens

The Minnesota Landscape Arboretum gets extra festive this time of the year. Visit their event, Scarecrows in the Gardens, for an interesting twist on an area favorite. Expert gardeners and artists share their knack for displaying autumnal plants and scarecrows.

Plus, you can enjoy the typical Arboretum amenities, like the shop and eatery, to complete your visit to this seasonal event.

Date: Sept. 20 – Oct. 31, 2025

Time: View the website for specific times

3. Experience Tricks and Treats at Valleyfair

Get ready to enjoy the exhilarating rides of Valleyfair with a seasonal twist. Tricks and Treats is a double event featuring both spooky Halloween festivities and nostalgic fall attractions.

Everything from live music, haunted stories, sweet treats and 21+ brews will be featured at Tricks and Treats. And, don’t forget to wear your Halloween costume! Event-goers are encouraged to dress for the holiday.

Date: Saturdays and Sundays, Sept. 27 – Nov. 1, 2025

Time: Saturdays and Sundays 12 p.m. – 6:00 p.m.

Looking for something a bit more…terrifying? Consider the park’s ValleyScare event for more intense thrills (parental discretion advised). Open select Fridays and Saturdays, Sept. 20 – Nov. 1.

4. Sign up for a spooky streetcar ride

The Como-Harriet Streetcar Museum is hosting seven different fall-themed trolley rides to celebrate the beauty of the lakes and Minnesota’s history – all while getting festive. This year’s rides include a Trick ‘r Trolley ride, Transylvania Trolley night and so much more! Remember to wear your Halloween costume in exchange for a Halloween treat.

Date: Oct. 4 – Nov. 1, 2025

Time: Visit the website for specific times

5. Get tickets to the Duluth Haunted Ship

The historic and infamous William A. Irvin Ship transforms into a haunted boat every fall. Book your Duluth Haunted Ship tour to get in the Halloween spirit – and for a promised “real scare.”

Date: Oct. 3 – 31, 2025

Time: Visit the website for specific times

6. Celebrate Oktoberfest in New Ulm

For two entire weekends in October, New Ulm is filled with German cuisine, live music and craft shows for their very own Oktoberfest. This Oktoberfest is inspired by one of Germany’s largest celebrations, making it extra festive for attendees.

Date: Oct. 3 – 4 and 10 – 11, 2025

Time: Visit the website for specific times

7. Visit the Sever’s Fall Festival

Head over to Shakopee, Minnesota, to solve the Sever’s Corn Maze. This hand-cut corn maze has been around since 1997 and features a new design each year. In addition to the maze, check out the Fall Festival events like the corn pit, pumpkin patch, petting zoo, food and live music!

Date: Saturdays and Sundays from Sept. 13 – Oct. 26, 2025, plus Thursday and Friday, Oct. 16 – 17 as part of MEA weekend

Time: Visit the website for specific times

8. Book a farm tour at Eagle Eye Farm

Hoping to spend extra time outside this fall? Plan a visit to Eagle Eye Farm in River Falls, Wisconsin, where you can experience unique events like farm tours and alpaca yoga while enjoying the fall weather.

Both public and private tours are available, so be sure to check the website to book a ticket for the event that best suits you.

Date: Daily

Time: Visit the website for specific times

9. Explore the Fall Color Finder and Minnesota state parks

Make a plan to adventure on your own fall color tour. The Minnesota Department of Natural Resources provides an interactive Fall Color Finder tool that allows outdoor enthusiasts to discover where fall colors are the brightest. This activity is fun for everyone! Plus, you can customize your tour to fit any day and time within your fall calendar.

Find more information on Minnesota State Parks, including hours and guidelines, here.

Date: Daily

Time: At your leisure

10. Pick apples and drink cider at Ferguson’s Orchards

Visitors of all ages are bound to enjoy the fall festivities at any of the four Ferguson's Orchards across Minnesota and Wisconsin. Guests can mine for gems, jump in the corn pit, go for a wagon ride and, of course, pick apples! After a fun-filled day at the orchard, fill up on refreshments and delicious goodies like classic apple cider, hard cider, pizza and seasonal baked goods.

Date: Daily

Time: Visit the website for open times at the different locations

11. Give the Great Pumpkin Chase at Lake Elmo Park Reserve a try

Get ready for some outdoor family fun! Take the scenic trails through beautiful Lake Elmo Park Reserve and enjoy the fall foliage during the Great Pumpkin Chase. With options for a 15k, 10k, 5k and half-mile kid fun run, there’s a race for every fitness level. Not a runner? You can still join in for the post-race bonfire and pancake breakfast.

Date: Sunday, Oct. 12, 2025

Time: Park opens and registration begins at 7:30 a.m.

12. See the Stillwater Harvest Fest

Known as the Midwest’s premier giant pumpkin festival, this weekend's event holds markets, competitions, races and plenty of pumpkins. Join for the pumpkin regatta, pumpkin drop, chili cookoff and kids activities, or take your time perusing vendors and enjoying the beer and wine garden. Admission is free and a shuttle service is available at several locations.

Date: Oct. 11 – 12, 2025

Time: Visit the website for specific event times

13. Take a Saint Paul walking tour

Take a 90-minute walking tour of Saint Paul! Choose between exploring the mysteries of the Union Depot with Ghost Tours or learning the haunted history of Summit Avenue with the Ghosts and Gables walking tour. Can’t choose? Each tour has a variety of dates and times throughout October, so you can do both!

Date: Aug. 29 – Oct. 31, 2025

Time: Visit the website for specific event times

Check out the fall housing market

Whether you’re hoping to buy or sell a home this fall, be sure to reach out and be on your way to a successful home sale or purchase this season

Key Insights

• An earnest money deposit shows the seller that you are committed to purchasing their property and is often held in escrow until closing.
• The amount of earnest money is dependent on the home and market conditions — talk to your REALTORⓇ to determine the best amount for you.
• Contingencies can be put in place to help ensure your earnest money deposit is either used toward the home purchase or returned to you.

When making an offer on a home, you will typically submit an earnest money deposit. This deposit shows the seller that you are deeply committed to purchasing their property. In most cases, this deposit is held in escrow until the date of closing and is then applied to your closing costs or down payment. The tips below explain why you should offer an earnest money deposit and what you should expect when you make an offer.

Why do I need to offer earnest money?

Earnest money is a way to ensure that your offer is taken seriously and protects sellers from being bound to buyers who aren’t fully committed. Earnest money protects both sides of the transaction and helps guarantee a smooth ride to closing.

How much should I offer in my earnest money deposit?

According to the National Association of REALTORS®, an earnest money deposit can range anywhere between 1 - 10% of the home’s total price. In a low inventory market, buyers sometimes increase their earnest money to strengthen their offer, but the appropriate amount depends on market conditions. Every home and homebuyer is different, so it’s important to work with your REALTOR® for insights about how much earnest money you should offer.

When and where should I deposit my earnest money?

Earnest money is an indication of your commitment to purchasing the home, and the purchase agreement typically requires it to be deposited within a specific timeframe. It is generally a good practice to complete the deposit as soon as possible after your offer is accepted and the purchase agreement is signed.

The earnest money deposit will typically be held in an escrow account by the listing broker until closing. An escrow account is a third-party account used to securely hold funds and documents until the transaction closes.

Will I get my earnest money deposit back?

If the sale is successful, the earnest money deposit is generally applied to the closing costs of the home or the down payment. However, earnest money deposits—like all deposits—do carry some risk if you don’t meet the original terms of the offer.

When you submit your offer, your REALTOR will advise you of the necessary contingencies to include in the terms. Then, if the home purchase cannot proceed due to a contingency not being met, your earnest money deposit is generally returned, in accordance with the terms of the purchase agreement.

Common contingencies include:

• Contingent on appraisal: Protects the buyer if the home’s appraised value comes in below the purchase offer.
• Contingent on inspection: Protects the buyer if an impartial inspector reveals unsatisfactory housing conditions.
• Contingent on financing: Protects the buyer if they are unable to find sufficient financing to purchase the home.
• Contingent on home sale: Protects the buyer if they are unable to sell their home before the closing date.

If the transaction is unsuccessful for reasons not covered by a contingency, such as the buyer deciding to buy a different home, the seller is typically entitled to keep the earnest money deposit.

What else do I need to know about making an offer using earnest money?

An earnest money deposit may seem a bit tricky, but you’re never alone in the home buying process. Together, we’ll walk through every step, from finding the right home to securing the right loan. Let’s connect!

Key Insights

• Buyers need to have their homeowner’s insurance policy in place before a lender will sign off on the mortgage amount.
• With insurance premiums rising and robust policies becoming harder to qualify for, buyers may be more interested in the home factors that contribute to their eligibility.
• As a seller, you should be prepared to answer questions about the home that insurance providers consider.

Congratulations — you have a buyer interested in your house! There’s still a way to go before you arrive at the closing table, but you’ve reached a huge milestone in your home-selling journey. For the most part, the ball is in your buyer’s court. They are working on finalizing the finer details with their lender, which means they are searching for insurance providers to cover their new property.

Lenders require that the buyer have sufficient homeowners insurance before they will sign off on the mortgage amount. But with insurance premiums rising, buyers are asking more questions about the home to help determine if purchasing that property could raise their insurance rates or even prevent eligibility. As the seller, you should be prepared to help answer questions about the home that an insurance company may have as they determine the buyer’s policy and coverage.

Home questions that could impact insurance rates

Here are a few questions about your home that you should be prepared to answer:

• How old is the roof? (The #1 eligibility factor!)
• How old is the furnace?
• Does the electrical system use knob-and-tube wiring?
• What number of amps do the fuses use?
• What is the siding like? What material is used, when was it replaced and what condition is it in?
• How is the plumbing?
• What is the AC system?
• Any major repairs or renovations?

Some of these answers may be included in your disclosures, while others may be uncovered during an inspection or from an appraiser. It’ll also be helpful to the buyer if you provide full documentation of your appliances, systems and any work you’ve had done to them.

Questions about your current insurance coverage

Some buyers may also ask you questions about your current coverage:

• What insurance company do you currently have? How long have you worked with this company? Did you get any additional quotes?
• Have you used any other insurance companies?
• What is the coverage amount for the property and what is the deductible?
• Are there any specific endorsements or riders?
• Have you had any history of claims or denied claims?
• Any history of water damage or flooding?

Get the help of a home expert

Remember that you don’t have to compile, communicate and manage this on your own.If you have any questions or are ready to start a home search of your own, reach out.