Richard Lipke, Realtor at Edina Realty

Richard Lipke, Realtor at Edina Realty

Committed to providing top quality real estate services to home buyers and sellers in the northwest Twin Cities and beyond. 05/17/2018

Moving Up to Your Dream Home? Don’t Wait! Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have 05/11/2018

How to see if you're entitled to $1,200 for receiving this spam call

Hate telemarketer and robo-calls? Me too! Check the data base to see if you are eligible to receive $1,200 for National Do Not Call Registry violations. Over 18,000 numbers were affected and the claim must be made by 6/18/2018. Here’s one time you might actually wish you were pestered by an annoying telemarketer. 05/08/2018

Prince's Private Island Estate Being Sold At Auction Has One Big Purple Feature: See the Photos

Looking for a private island getaway spot? While the inside looks subdued, the painted purple driveway is a perfect reminder of its previous owner. Take a look at the article then contact me if you would like more details on how to make it yours! There is no minimum bid, but the $100,000 check required of interested buyers offers an idea of the price point 05/04/2018

50% of Homes Sold in 30 Days in March [INFOGRAPHIC] Some Highlights: The National Association of REALTORS® recently surveyed their members for their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked abo 05/03/2018

4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different than the bubble market of twelve years ago. There are four key metrics that explain why: Home Price 05/02/2018

This Just In: Data Says May is the Best Month to Sell Your Home According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller pr... 05/01/2018

How Much Has Your Home Increased in Value Over the Last Year? Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.7% year-over-year. CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view 03/15/2018

Moving up Is MORE Affordable Now Than Almost Any Other Time in 40 Years If you are considering selling your current home, to either move up to a larger home or into a home in an area that better suits your current family needs, great news was just revealed. Last week, Trulia posted a blog, Not Your Father’s Housing Market, which examined home affordability over the l 03/14/2018

7 Factors to Consider When Choosing A Home to Retire In As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to ... 03/05/2018

Housing Market Expected To "Spring Forward" This Year Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many potential sellers believe that waiting until ... 03/02/2018

4 Reasons to Sell This Spring [INFOGRAPHIC] Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the 02/23/2018

The Mortgage Process: What You Need to Know [INFOGRAPHIC]

When you are ready to take that leap from "someday" to "I think it's time", this is your best first step. If you are a first-time buyer, investor, Veteran, up-sizer or down-sizer, I have great mortgage lender resources for you. Call me and let's get started! (763) 656-8659 Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don't have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford. 02/13/2018

Low Inventory Pushes Home Prices Higher According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase. Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason be 02/02/2018

5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC] Highlights: Watching the big game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd and you don’t have to worry about complaints to your landlord if you cheer too loudly! The kitchen is big enough to make as many appetizers as you 01/31/2018

Here's Why Now Might Be the Perfect Time to Sell Your Home

Some great insights from the well known investment advisor company "The Motley Fool". Let's set up an appointment (763-656-8659) and talk about how you can take advantage of our incredible Twin Cities market! Rising property values and complicated tax changes are coming together to affect the housing market. Whether you come out a winner will depend on when you act. 01/29/2018

U.S. Housing Inventory Crunch Continues… List Your House Today! Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes. Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT N 01/28/2018

The Incredible Snow Sculpture In Minnesota That You Have To See To Believe

When it's hard to appreciate winter in Minnesota, think of how great these snow sculptures are! You don't want to miss out on this year's amazing sculpture. 01/26/2018

Seven moving and packing hacks: How to stay organized using materials you already have | Edina Realty

These are some great moving tips! Bonus tip: It's much easier to load the truck if you use standard sized boxes. A bunch of odd sized boxes from the grocery store, usually with the top flaps cut off, are a nightmare (and they sometimes have bugs, too....yuck!) Ready for your next great move? Call me at (763) 656-8659 and let's get rolling! Pinterest to the rescue! Learn seven new ways to keep your items organized without spending extra money on new materials. 01/23/2018

How winter sellers can prepare for snowy showings | Edina Realty

Showings during the winter can be extra messy. Get some ideas to keep the snow and mud under control.
#SellerInsights Winter sellers may have to work harder to keep their homes in peak condition. Here are insights you can use as you sell your home this winter. 01/18/2018

What sellers need to know about Minnesota’s radon law | Edina Realty

Radon in the home is a naturally occurring gas that is colorless, odorless and tasteless. It is also the leading cause of lung cancer in non-smokers and the second leading cause of lung cancer (after tobacco) in smokers, according to the Minnesota Department of Health. Fortunately, it is usually an easy problem to resolve. Questions? Give me a call...(763) 656-8659. If you’re planning on selling your home in Minnesota, talk with your Edina Realty REALTOR about the best plan of action for your home’s radon levels. 01/16/2018

Thinking of Selling? Now is the Perfect Time It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The other listings that do come out in the sp 01/09/2018

The Impact of Tight Inventory on the Housing Market The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue t 01/08/2018

712,000 Homes in the US Regained Equity in the Past 12 Months! CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%... 01/05/2018

4 Reasons to Sell This Winter [INFOGRAPHIC] Some Highlights: Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available! Housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the 01/05/2018

5 Tasks Every Homeowner Should Do in January

In the real estate business, we start talking spring market in January, so this technically counts as spring cleaning right? 😉 These time-saving tips will also help save money around the house and keep you more organized. Get tips for shopping white sales at HouseLogic.




10945 Club West Pkwy
Blaine, MN
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