First Quarter 2020 Lake Vermilion Market Update
The first quarter for real estate sales of Lake Vermilion homes and cabins was very similar to last year. Here is how it broke down for 2020: Number of homes sold in the following price ranges: <$300,000–3 homes/cabins $300,000 to $500,000–1 home/cabin $500,000-$700,000–2 homes/cabins In 2019 six Lake Vermilion homes/cabins were sold in the first […]
Covid-19 and Buying and Selling Real Estate
Due to the public health concerns of COVID-19 and the Governor issued ‘stay at home’ order, our office will be closed starting Saturday 3/28/2020 thru approximately April 10, 2020 to the public. However we are open for business and our realtors are working from home and are here to assist you whether you have questions […]
Vacation Rentals
Effective Feb 25, 2020, St. Louis County board adopted amendments to Zoning Ordinance 62 regulating short term rentals. The St. Louis County Board has approved changing it’s zoning ordinance to allow for short term rental of properties while also regulating them in a way that protects the safety of visitors and rights of neighboring property […]
Property Tax Changes
St. Louis County has published a map of changes made to property values in 2019 based on property sales. Most of the area has seen increases ranging from 5% up to 18%. Areas marked in yellow are the areas that were reassessed in 2019. For more information you can call the County Assessor’s Office at […]
Which Loan is Right for You?
Did you know there are a variety of different loans available to you for buying your home? Following is a summary of the most popular mortgage options. We advise talking to your lender to get more details on these and other types of loans. Conventional–This is the most common mortgage option available to home buyers […]
New Rules for St. Louis County
Today some of our realtors attended a educational lunch session with St. Louis County. In that session the County discussed and took questions on some new and upcoming changes to County regulations regarding property. The items discussed were as follows: Proposed new permitting rules and property tax changes for vacation rental property New Point of […]
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