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Monthly Market Stats For December

December 2020 December is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a...

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How Couples Can Find the Right House in the Lake Minnetonka Area

Are you ready to pop the big question? For some people, it might be “Will you move in with me?” or it could even be proposing. Whatever the case, if you and your significant other are ready to call a...

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Holiday Party 2022

Celebrate the season with The Exceptional Home Team and Summit Mortgage Corporation!  You are invited to our holiday party where Santa and Mrs. Clause will be there to have fun and take pictures with...

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Monthly Market Stats For October

October 2022 Existing home sales declined nationwide for the eighth consecutive month, falling 1.5%as of last measure, according to the National Association of REALTORS® (NAR), withsales down nearly...

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Monthly Market Stats For November

November 2022 Housing affordability continues to be a major roadblock for market participants, withmortgage rates more than double compared to this time last year. Buyers are delayinghome purchases in...

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Monthly Market Stats For January

January 2023 The US housing market began the year in a state of rebalance, with many buyers andsellers remaining cautious while they wait to see where the market is headed. Nationally,pending sales...

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Monthly Market Stats For June

June 2023 Temperatures are heating up, yet the U.S. housing market remains cooler than usual forthis time of year due to a combination of low inventory and higher borrowing costs,which have restricted...

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Monthly Market Stats For July

July 2023 Affordability constraints have continued to limit homebuying activity this summer, withexisting-home sales falling 3.3% month-over-month nationwide as of last measure,according to the...

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Holiday Party 2023

Celebrate the season with The Exceptional Home Team and Summit Mortgage Corporation!  Join The Exceptional Home Team and Summit Mortgage Corporation in celebrating the season! You’re warmly invited to...

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Monthly Market Stats For August

August 2023 Higher mortgage rates, along with elevated sales prices and a lack of housing inventory,have continued to impact market activity during the summer homebuying season. Theaverage 30-year...

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