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housing market: Positive Trend Continues: April New Listing Activity Down 20% in Edina & 30% in Minneapolis - 05/28/11 11:24 PM
While other metrics such as median home sale prices, time on market, and inventory levels continue to cause concern, the number of new homes hitting the market each month is falling and that's great news for everyone.  New listings have been down for a long time, no one wants to sell in a down market if they don't have to.  If this pattern continues, eventually inventory levels will normalize.
Here in the Twin Cities we have been dogged by oversupply in the housing market for the past 5 years or more.  You can blame which ever crisis you like, the foreclosure … (0 comments)

housing market: The New New Construction Crazy and How YOU Can Take Advantage Of It - 04/07/09 01:53 PM
New construction in urban neighborhoods is a hot, hot, trend and I predict will continue to be for many years.  Social and economic forces are driving buyers into the city, into the best first ring suburbs and city neighborhoods.  New construction, or “like new” remodels are finding a very warm reception this spring, as long as they are priced according to neighborhood price ceilings and offering the appropriate features and amenities for the area.
Don’t confuse these homes with the existing inventory of new construction sitting on the market, nor with new homes in 2nd and 3rd ring suburbs.  I tour … (0 comments)

 
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Ben Kolkman Real Estate Author & REALTOR Southwest Minneapolis & Edina Minnesota

Minneapolis, MN

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Ben Kolkman has been recognized by the local association of realtors and by local media as an expert in the Twin Cities real estate market. Ben leads discussion groups on marketing techniques for the Minneapolis Area Association of Realtors, Young Professionals Networking group. He was awarded the 2009 Super Agent award by Mpls St. Paul Magazine and Twin Cities Business. KSTP and WCCO have both featured Ben in their newscasts, and he is a regular contributor on the DIY Network "Sweat Equity" cable TV program.


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