Rent-to-own is a popular housing arrangement that allows individuals to gradually transition from renting a property to becoming its owner. This article aims to provide a clear understanding of the rent-to-own process through a simplified scenario. We will explore the basic steps involved, the benefits and considerations for both parties and shed light on the key factors to consider before entering into a rent-to-own agreement.

Scenario Overview 
Let's consider a scenario involving two parties: the tenant (renter) and the landlord (property owner). The tenant, John, is interested in purchasing a property but does not currently have the means to secure a mortgage or a large down payment. The landlord, Sarah, owns a property that she is willing to rent…

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Welcome to our weekly market update for the Minneapolis residential real estate market. In this edition, we'll provide you with the latest statistics, trends, and insights into the market. Whether you're a buyer, seller, or simply curious about the real estate scene in Minneapolis, this update will help you stay informed and make informed decisions. Let's dive into the numbers and explore the hottest neighborhoods and tips from a DRG Realtor Expert.

Market Statistics: New listings in Minneapolis have decreased by 23% compared to last year, indicating a tightening supply in the market. Closed sales have also declined by 25%, suggesting a slowdown in buyer activity. However, the average sale price has increased by 2.2%, indicating a rise in property…

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Minneapolis is a beautiful city that is known for its abundance of parks, lakes, and cultural attractions. With so much to see and do, it's no wonder that many residents and visitors alike prefer to get around on foot. If you're looking for a walkable neighborhood to call home, you're in luck, as there are several great options to choose from. Here are the top five walkable residential neighborhoods in Minneapolis:

  1. Downtown West: Located in the heart of Minneapolis, Downtown West is one of the most walkable neighborhoods in the city. With its wide sidewalks, bike lanes, and pedestrian-friendly streets, it's easy to explore all that this bustling neighborhood has to offer. Downtown West is home to several historic buildings, museums, theaters, and…

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Celeste and Her First-Time Homebuying Story

Click on the image for a 50-second video of Celeste closing on her new home.

Buying a home is one of the most significant financial decisions a person can make. It is a decision that requires careful consideration, planning, and execution. For many people, the idea of owning a home can seem out of reach due to financial constraints or other challenges. However, with the help of a skilled real estate agent and the right resources, owning a home CAN become a reality. Celeste's story is a great example.

I had the privilege of meeting Celeste at an open house in December 2022. She came with her two children and was curious about the home I had listed. She shared her dream of owning a home and told me…

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As a first-time home buyer in Minneapolis, navigating the spring housing market can be both exciting and overwhelming. To help you get started on your journey, here are the top 10 tips for starting a blog for first-time home buyers in Minneapolis:

  1. Start with a clear and concise introduction: When creating your blog post, start with a clear and concise introduction that highlights the key points you'll cover in your article. This will help readers know what to expect and keep them engaged throughout the post.

  2. Know the market: As a first-time home buyer, it's important to be familiar with the current state of the housing market in Minneapolis. Research current housing trends and statistics, including average home prices, interest rates,…

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How To Make Your Dream of Homeownership a Reality


According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. Experts project a total of around five million homes will be sold in 2023. Why is there such a big difference? It’s partly because there can be challenges to buying a home.

In the same survey, when asked, “Which of the following are preventing you from pursuing homeownership at this time?”:

  • 34% answered, “I don’t have enough saved for…

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What Are the Best Options for Today’s First-Time Homebuyers?


If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold.

 If you partner with a trusted real estate advisor and hone your strategy, you can navigate today’s market and find the home you’re looking for. Here are two tips to help you get started.

Work with a Professional To Prioritize Your Wish List

If you’re having trouble finding a home in your budget that checks all the boxes, it may be worth taking another look at your lists of what you want and what you…

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