Blog - Brandyn Negri

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Why Some Lake of the Isles Homes Sell in Weeks — and Others Sit for Years

City Lakes Market Why Some Lake of the Isles Homes Sell in Weeks – and Others Sit for Years By Brandyn Negri · May 2026 · 4 min read In the City Lakes right now, value isn’t moving as one market. A home priced between one and two million is selling in roughly two to […]
B's Blogs

How to Handle Multiple Offers on Your Minneapolis Home

What should you do when you get multiple offers on your Minneapolis home? When several offers land at once, slow the process down instead of speeding it up. Set a single review deadline so every buyer submits their highest and best terms, then weigh each offer on financing strength, contingencies, closing timeline, and earnest money […]
B's Blogs

How much earnest money do you need for a Minneapolis home offer — and when can you get it back?

How much earnest money do you need for a Minneapolis home offer — and when can you get it back? Most Minneapolis buyers put down 1% to 3% of the purchase price as earnest money in 2026 — roughly $4,000 to $10,000 on a $400,000 home, and $20,000 to $60,000 on a luxury offer in […]
B's Blogs

Will You Owe Capital Gains Tax When You Sell Your Minneapolis Home?

Do you pay capital gains tax when you sell your Minneapolis home? Most Minneapolis sellers pay zero capital gains tax on a primary residence sale. The federal home sale exclusion lets you exclude up to $250,000 of profit if you’re single or $500,000 if you’re married filing jointly, and Minnesota follows that same exclusion […]