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eden prairie: Move Up Buyers are Active! - 02/28/12 11:23 AM
Minnesota Home Buyers Are Upgrading In recent weeks we have seen an unmistakable trend in the Minnesota Housing market. Home owners who are sick of their current property are looking to take advantage of the low rates and cheap prices and upgrade their lifestyle with a higher quality home. Through MN Realtors we talk with weekly, the message has been consistent. More inquiries and information requests are coming in from buyer (and sellers) looking to make a change.
The market in the Twin Cities is perfect for the opportunist Money is certainly made when the markets hit bottom. Meaning people that … (2 comments)

eden prairie: Beautiful Cape Cod Style home offered for sale by JoeandCindy.com - 02/22/12 04:24 PM
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eden prairie: Great New Eden Prairie Listing offered by www.JoeAndCindy.com - 02/22/12 04:21 PM
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eden prairie: What do you think will get buyers buying??? - 08/30/11 11:54 PM
An agent on Trulia today asked what interest rate it would take to get buyers interested?  I think it's going to take more than interest rates..there is an equity problem and an employement problem that needs to be solved to get consumer confidence up!  Interest rates are already low, yet many buyers are sitting on the fence. It's more a matter of perception in my opinion. With news organizations stating how terrible the market is, the white house commenting that it will be 18-24 months before housing improves, when agents each and every day are telling clients houses are overpriced and to … (5 comments)

eden prairie: Great Eden Prairie Real Estate Opportunity! - 11/12/10 08:49 PM
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eden prairie: Demand Olympic Hills - Sport Court Included! - 11/12/10 08:43 PM
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eden prairie: Immaculate Eden Prairie Townhome - 11/12/10 08:41 PM
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eden prairie: Demand Bluestem Hills Beauty! - 11/12/10 08:38 PM
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eden prairie: Twin Cities Housing Supply Outlook - 08/09/10 01:29 PM
Houses for sale in the Twin Cities metro are are at a 7.1 month supply in July.   This figure represents the amount of months it would take to sell through all the existing houses on the market assuming no further homes were listed.  A balanced market tends to be in the 5 month range.   Based on that we are still in a buyers market.   The months supply is slightly better that last year (7.3 months for 2009) but significantly better than 2008 which was at 10.6 months.
Within the next 60 days we should start to see the true market here … (0 comments)

eden prairie: CNNMONEY.COM lists our home town as #1 place to live! - 08/09/10 01:26 PM
CNNMoney.com came out with their list of the Top 100 places in the Country.  Eden Prairie Minnesota ranked #1 on the list with many attributes pulling it to the top.
The article states, "Why is Eden Prairie No. 1 this year?  Not only is it family-friendly, it has a dynamite economy too.At 5.1%, its unemployment rate is nearly one percentage point below the county rate and more than four points below the national average. It helps when you've got 50,000 jobs right in town.Major employers include Fortune 500 trucking company C.H. Robinson, hearing-aid maker Starkey Labs, and the Minnesota Vikings, whose … (0 comments)

eden prairie: Tax Credit Closing Extended - 07/07/10 04:15 PM
Minnesota home buyers that were taking advantage of the tax credit, but had a delayed closing due to short sales, foreclosures or other factors beyond their control can rest easy.   The tax credit has now been extended through Sept 30 of this year.   This should give buyers plenty of time to navigate through the short sale process or other delays they are experiencing.   We experienced a lot of stress with last minute closing even though most of us felt the goverment had no choice but to extend.  There were in excess of 200,000 home sales that would have fallen apart if … (0 comments)

eden prairie: Mortgage Rates lowest in 39 years! - 06/30/10 02:35 PM
Mortgage rates reported the end of last week averaged 4.69% as reported by Reported by Freddie Mac. Buyers looking to purchase in the near future certainly should be pleased at the record low rates and unmatched affordability in the Twin Cities housing market. Regardless of price range, if you are shopping for a home in Minnesota there are great buys regardless of price point. Some of the best deals we are seeing as a group are upper bracket homes. With supply in excess of 3 years on homes over $1M the selection is vast. First time home buyers will notice a … (0 comments)

 
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Joe and Cindy Welu

Eden Prairie, MN

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Re/Max Advantage Plus

Address: 17585 Rustic Hills Drive, Eden Prairie, MN, 55346

Office Phone: (952) 943-1324

Cell Phone: (612) 616-8179

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Updates and writing on the latest real estate trends, news and marketing from the Joe and Cindy Team at Re/Max.


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