Minneapolis, Minnesota Real Estate Market: Bottom in Sight! - 04/27/08 04:20 PM
Signs of the Bottom They say you don't know the bottom until you reached it. Real Estate markets move slowly, however, and the bottom of this market won't come up and slap us across the face, rather it will slowly emerge and turn into recovery over a 2-3 months time. I see the … (3 comments)
Minneapolis, MN: Southwest is Good and Getting better - 04/19/08 10:52 PM
Location, location... yeah you konw the rest! But seriously, look at these stats for SW Mpls and tell me is a bad market. In 2007 the average SW Home Seller was on the market 112 days, and received 95.3% of their asking price. $310,000 was the Median Sale Price in 2007 ($200/sq. ft.) Up … (1 comments)
How to buy Short Sales and Foreclosures - 04/18/08 09:40 AM
Short Sales and Foreclosures Sales have stymied many a buyer in recent months. Banks are bad a selling homes in good times, and now they are overwhelmed. You might think that Buyers would be able, even encouraged, to scoop up these homes. Not the case, buying in a Short Sale, or Foreclosure … (1 comments)
Minneapolis, MN | RE Market | Recovery Begins: But Who Will Admit It? - 04/17/08 09:18 AM
Good news in Minneapolis Real Estate world... inventory levels are falling! We've all been talking about Buyers being able to "cheery pick" the best of the homes ("best" = cheep and nice), leaving all sellers in a bind trying desperately to be the best. Well that's beginning to change... In all price ranges above $190,000 … (1 comments)
TJ Waconia Fraud Case: Charges - 04/17/08 08:31 AM
One of the poster children for real estate and mortgage fraud in the Twin Cities has been charged... Earlyer this week TJ Waconia was charged with one count of mail fraud in connection with a bunch of bad real estate deals. The allegations basically accuse TJ Waconia of writing bogus appraisals and mortgages in … (0 comments)
Minneapolis, Minnesota, Linden Hills Neighborhood - 04/04/08 08:58 AM
Linden Hills Neighborhood Council Linden Hills Business Association This quaint, and popular, neighborhood just south of Lake Calhoun and west of Lake Harriet is bordered to the south by West 47th Street, and to the west by France avenue. Named by a developer for the linden trees and rolling terrain, was developed … (2 comments)
Strangest Incentive Yet - 04/04/08 07:44 AM
From the "What will they think up next" file... Creative incentives offered by sellers these days are getting out of control! Consider this bonus...if the Seller dies in the next 10 ten years the Buyer gets $500,000!!! I man in Whitetail WI is offeringa 10 year term life policy with the Buyer as the beneficiary. … (10 comments)
Minneapolis, MN Real Estate Market: Week of March 31st - 04/03/08 07:57 AM
New Listings Down! Hot on the heals of last weeks rising sales comes the news we've all been hoping for...New Listings were down 26.3% compared to the same period last year, and down 14% from last week. New Listings are homes for sale added to the market this week. Prolonged declines in New … (0 comments)
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