Homes701

09/12/2026

Buy now or wait until fall? Tips for homebuyers in 2026
We hear this question a lot: is it smarter to buy a home now, or wait until fall? With mortgage rates reaching a one-year high near 6.66%, and the median home price at $440,600 (up 1.8%), it’s no surprise that buyers are weighing their options carefully. Housing supply is currently at 4.6 months, giving us a market that isn’t quite in the buyer’s favor—but also not as competitive as years past.

Having spent over 25 years living and working right here in Bismarck, we know firsthand how the right timing can shape your experience. Buying now could give you the security of locking in your next home before prices rise further, while waiting might mean lower prices and less competition down the road. There’s no one-size-fits-all answer, so understanding the nuances—like local neighborhood trends and your personal needs—really matters.

One thing we’re sure of: having a guide you trust makes the decision a lot less stressful. That’s why our Homes701.com team is committed to keeping our clients informed, educated, and confident every step of the way. If you’re wrestling with this decision, you’re not alone—and we’re here to help you navigate it with clarity and care.
https://www.housing-trends.com/agent-news/michael-quast/1946916-Buy-now-or-wait-until-fall%3F-Tips-for-homebuyers-in-2026

09/11/2026

What is an HOA? Understanding homeowners association fees, responsibilities
Having called Bismarck home for over 25 years, we know how important it is to feel confident and informed about every detail when buying a home. One topic that often comes up is homeowners associations, or HOAs. These organizations oversee community rules and handle shared spaces, collecting monthly dues—typically between $200 and $400—to cover maintenance and administration. The HOA’s authority to set standards for property appearance, noise, pets, and parking comes from documents you agree to at purchase. We see firsthand how these rules shape the feel of each neighborhood and help keep things running smoothly. If you’re curious how HOA fees and responsibilities might impact your experience in one of Bismarck’s communities, we’re always here to help clarify those details so you can make decisions with confidence.
https://www.housing-trends.com/agent-news/michael-quast/1941230-What-is-an-HOA%3F-Understanding-homeowners-association-fees%2C-r

09/10/2026

New Listings Rise as Buyers Pull Back | Homes701.com- Lonna and Mike Quast, REALTORS at Bianco Realty 601 E. Bismarck Expwy, Bismarck, ND.

09/09/2026

U.S. Office Downturn: Where Investors Look | Homes701.com- Lonna and Mike Quast, REALTORS at Bianco Realty 601 E. Bismarck Expwy, Bismarck, ND.
We’ve seen firsthand how the shift to hybrid work is transforming office space across the country, and it’s certainly giving investors plenty to consider. Instead of the old model of traditional leasing, options like conversions, specialized spaces, and even hands-on repositioning are now at the forefront. One of the most talked-about trends is the move from office to residential use—especially in areas with great transit options and amenities. But as always, the details matter: deep floor plates, plumbing, HVAC, and smart design all require careful attention.

Right now, we’re noticing that demand is strongest for premium and niche properties, like medical offices, labs, or workplaces packed with amenities. Flexible space models are also gaining ground, offering the kind of agility that today’s business world appreciates. For investors, it’s not just about finding a property—it’s about having a solid plan, creative financing, and a clear vision, especially as lenders become more cautious and distressed sales may rise.

Local insight really makes the difference here. Sustainability upgrades, smart-building tech, and public incentives can all tip the scales, but there’s no one-size-fits-all approach—especially in a community as unique as Bismarck. The experts say this rebalancing will take years, not months. Our team at Homes701.com is all about guiding you through changes like these, making sure you have the information and confidence you need to make smart decisions, whether you’re investing, converting, or just curious about how these trends could impact our local neighborhoods.

09/08/2026

The Home Equity Opportunity Is Back. Can Your Operations Keep Up?
We’ve noticed a big shift: Homeowners tapped into $47B in home equity in Q1 2026—the highest number we’ve seen since 2021. Many are using second liens and HELOCs to unlock their equity. What’s interesting from our view in the Bismarck area is how these trends play out locally, especially with so many families weighing their next move or renovation. While lenders are still catching up with automation (which can actually reduce processing time by 77% and make things smoother for everyone), our focus remains on guiding you through these options clearly and confidently. At Homes701.com, we know that every detail matters—whether it’s the right loan or the right neighborhood. As always, we’re here to help you feel informed and empowered through every step.

09/07/2026

Start With a Plan, Not a Listing | Homes701.com- Lonna and Mike Quast, REALTORS at Bianco Realty 601 E. Bismarck Expwy, Bismarck, ND.
We’re seeing an interesting dynamic in the housing market this year—US home prices have kept climbing on paper, but when you adjust for inflation, values have quietly slipped for the 13th straight month. Even though one federal index showed prices holding steady from mid- to late-Q2 and national appreciation ticked up from about 1% to 1.5%, that’s still trailing behind inflation, which is running near 3.5%. It’s a reminder that headlines about rising prices don’t always tell the full story, especially for first-time buyers in Bismarck feeling the squeeze from higher monthly payments. Since 2012, there’s been positive nominal growth each quarter, but as locals who’ve lived here for more than 25 years, we know how important affordability and real value are for families making big decisions. Our team’s focus is on helping you understand these shifts clearly, so when you’re ready to make a move, you can do it with confidence and peace of mind.

09/06/2026

SOLD! Beautiful property in Wing. Congratulations to seller and buyer of the home. Great place.

08/30/2026

08/28/2026

Congratulations on your home!