foreclosure: Home Values: How the Media Gets Wrong and What You Should Know - 11/03/08 09:57 AM
Most real estate news today is bad, but rising sales volume is great news, and often seen skeptically in the media. While falling average prices is important, it's not nearly as accurate as it seems. Home owners would be well advised to understand the media's coverage of real estate is usually … (0 comments)
foreclosure: 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)
foreclosure: 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)
foreclosure: Linden Hills Town Hall Meeting: The Effect of Forclosures - 03/03/08 06:54 PM
This Tuesday evening from 6-7 the Linden Hills Housing Committee will be hosting a town hall meeting to discuss the effect of Foreclosure on the community. There will be a Pot Luck dinner, kids are welcome. Following this presentation and discussion, the Linden Hill Neighborhood Council will have a Board meeting … (2 comments)
foreclosure: Linden Hills Housing Committee Meeting, Tuesday Jan. 15th - 01/15/08 09:33 PM
The Minnehaha Apartments project, previously selected to be the recipient of NRP funds from LHiNC has secured full funding and is no longer in need of LHiNC's funds. The Housing Committee will be seeking new projects for consideration. Planning was discussed for the upcoming "Foreclosure Crisis & Neighborhood Home Values" Town Hall … (0 comments)
foreclosure: Investors Rush In - 12/28/07 09:47 AM
In love, they say, fools rush in. In the Twin Cities real estate market, right now, investors are rushing in! It is the dark of winter (literally) here in Minneapolis, MN. There are 13.44 homes for every one buyer, in the Twin Cities metro area, more than ever before. It's hard to find buyers … (9 comments)
foreclosure: What's the Linden Hills Housing Committee upto? - 12/21/07 08:28 AM
NOTE: Views and opinions expressed in this blog are not those of the LHiNC (Linden Hills Neighborhood Council), nor does LHiNC endorse or support the content posted here. This is the personal blog of Ben Kolkman. Ben is a Realtor in Minneapolis, Minnesota he is also the Chair of the Linden … (0 comments)
Solutions to the "foreclosure crisis" are being floated everywhere you turn, by congress, internet pundits, even the President. Their "solutions" generally involve government regulation of the market. Proponents claim that if we don't step in … (0 comments)
foreclosure: Bush Rate Freeze: Government Intrusion or Artful Politicing - 12/12/07 07:49 AM
Much has been written about the President's rate freeze plan, and I am not an economist, nor a mortgage pro, but I do find history interesting. We all forget the lessons of the past, in the heat of the moment. The current proposal is imperfect, yes, and it is a government intrusion, true. If that's news to … (2 comments)
foreclosure: Loving the Market: Stocking-up on Real Estate - 08/28/07 10:31 AM
Lot's of people ask me why I'm so bullish on real estate right now. I sing the praises of this period constantly. I think it's great. It's like I've been given an unlimited gas card. Or a lifetime supply of my favorite indulgence! But, most of my friends are surprised by my feelings. Not … (1 comments)
foreclosure: Media coverage of the real estate market - 07/01/07 11:39 AM
Does media coverage of the market effect the market itself? To some degree I believe it does. I here seller, in particular, tell me that they don't want to sell, because the market is so bad. Then they site a statistic they read in a recent news article. Unfortunately the statistic … (5 comments)
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Most real estate news today is bad, but rising sales volume is great news, and often seen skeptically in the media. While falling average prices is important, it's not nearly as accurate as it seems. Home owners would be well advised to understand the media's coverage of real estate is usually … (0 comments)
