July 2025 Newsletter

MARKET SHIFTS YOU’LL WANT TO KNOW ABOUT

The Multiple Listing Service (MLS) tracks housing data for over 200 metro cities – far too much to include in my July newsletter. If you’d like details for your area, just call or email me your city name. (Minneapolis residents, please include your neighborhood as well.)

612-790-3015 | BettyCole@edinarealty.com

 

I’ll provide you with your area’s median home price from previous years, the 2024 median price, and the percentage of change over the period.


RENT OR BUY?

Buying may be the right option if you:
• Want the opportunity to build equity in your home as a long-term investment and take advantage of homeowner tax credits and incentives.
• Are planning to stay in your home long-terms (typically 4 years or more).
• You would like to create a home that is unique to your own style.
• Are experiencing rising rent payments.

Renting may be the right option if you:
• Prefer a monthly budget that does not include costs for home maintenance or improvements.
• Plan to move again within the next few years (typically less than 4 years).
• Enjoy the amenities that are often available within rental communities.
• Have financial obstacles or credit issues that may prelude homeownership.


NEED A NOTARY?

I am a Notary; all you need to do is call or text me at 612-790-3015 to schedule an appointment.


IN CLOSING

As a real estate professional, my role is not just to help you navigate the buying or selling process, but also to ensure you receive the highest standard of care and attention throughout the journey. While terms like “reasonable care” and “fiduciary care” may sound similar, they are essential concepts that define my responsibilities to you as a client.


Your Real Estate Professional since 1974

ABR, CREA, CRS, SFR, Realtor
Minnesota CRS of the Year-2004
Edina Realty’s “Emmy Award”-2006
Twin Cities “Super-Agent-2023”
Business 612-790-3015
E-mail: Betty@BettyCole.com or BettyCole@EdinaRealty.com

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings