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eden prairie realtors: 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 realtors: New Chaska listing presented by www.JoeAndCindy.com - 02/22/12 05:44 PM
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eden prairie realtors: Turn Key 2-Story in Victoria presented by www.JoeAndCindy.com - 02/22/12 04:38 PM
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eden prairie realtors: Beautiful Cape Cod Style home offered for sale by JoeandCindy.com - 02/22/12 04:24 PM
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eden prairie realtors: Great New Eden Prairie Listing offered by www.JoeAndCindy.com - 02/22/12 04:21 PM
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eden prairie realtors: Great Eden Prairie Opportunity! - 08/31/11 12:33 AM
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eden prairie realtors: Eden Prairie Deal of the Week from the Joe and Cindy Team - 08/31/11 12:03 AM
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eden prairie realtors: Turn Key Meticulous Eden Prairie Home Available - 08/30/11 11:57 PM
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eden prairie realtors: 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 realtors: Eden Prairie Gem in Great location on Wonderful lot! - 08/30/11 11:29 PM
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eden prairie realtors: Minneapolis MN, Homes being lost to “Strategic Default” - 08/04/11 12:43 PM
Minneapolis MN Homes The buzz word in Real Estate this year is “Strategic Default”  Its becoming more clear that financially capable homeowners are walking away from their mortgages due to the massive losses in equity.   Rather than liquidate other investments or attempt to do a Short Sale many home owners with significant assets are opting for a more calculated financial decision.
Rather than fight until the bitter end and wait out the market for an unknown amount of time to recover equity, homeowners who choose to default on purpose simply stop making payments and walk away.
What does this mean … (0 comments)

eden prairie realtors: Realtors With The Highest Rated Consumer Satisfaction by J.D. Power and Assoc - 08/04/11 12:30 PM
Press Release-
ReMax Realtors were recognized as the highest rated by consumers for overall satisfaction by J.D. Power and Assoc.  Joe and Cindy Welu, Realtors with Remax in the Minneapolis, spoke out regarding the findings.  ”Its great to see the recognition for our organization.  ReMax is a great company with the most experienced agents in the market place, in markets such as these that experience stands out”
View the full Press Release from ReMax International:
http://www.remax.com/documents/insider/pr/2011/Home%20Buyers%20and%20Sellers%20Prefer%20REMAX%207-28-11.pdf   For information on Joe and Cindy, visit Top Minnesota Realtors … (0 comments)

eden prairie realtors: To MN Realtors Agree On The Market Predictions - 02/21/11 11:20 PM
Minnesota Realtors in agreement for 2011
As MN Realtors specializing in the Minneapolis Real Esate market, we have made our weekly networking calls and discussed the marketplace so far this year with some of the Top Realtors in Minnesota.   We are fortunate to have friends and colleagues who are Top  Agents with CBB, Edina and Remax that experience the market front and center on a daily basis from various perspectives.  Some of the points below are items the everyone seems to agree on:
 
Short Sales are here to stay
In MN, homes that are selling short of whats owed … (1 comments)

eden prairie realtors: Mn Realtors report for the week - 01/23/11 08:46 PM
Twin Cities Realotrs Report
For this week the Minneapolis Area Association of Realtors came out with data that points to a seasonally driven ascent towards some decent buyer activity.  The most positive piece of data shows that affordability in the Twin Cities is up roughly 5% over last year.  Essentially meaning more Minnesotans can now purchase a home.
Minnesota Homes For Sale
Any Realtor in our market will tell you its still a buyers market.  The data drives that point home with 8.4 homes for every 1 buyer.  This is up 42% from last year.  
The Good News for Minnesota Sellers
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eden prairie realtors: Eden Prairie Realtors -Market update - 01/20/11 10:41 PM
Eden Prairie Homes
Eden Prairie is starting the year off a bit slow according to the Realtors located in Eden Prairie that we have spoke with in the past couple of days.   Showing traffic in the upper bracket houses has picked up slightly, but offers based on our experience over the past couple of weeks as well as the experience of our Realtor network.
All MN Realtors we have spoke with, have noticed a slow start transaction wise over the past few weeks.   Everyone is still cautiously optimistic but everyone has buyers still sitting on the fence.
Mortgage Rates are going up
Mortgage rates … (0 comments)

eden prairie realtors: Top 5 Threats to Your Home Equity in 2011 and How to Fight Them - 01/09/11 04:16 PM
Selling your home in Minnesota or elsewhere this year?  Consider these items when evaluating when to sell and how to protect your equity-
1.  Distress Sales in your immediate neighborhood
For most Minnesota homeowners your neighborhood  will be affected by distress sales such as foreclosures and short sales.   One of the pieces of advice that we give our sellers is to watch your neighborhood closely, and don't sell if there is a current foreclosure on the market in your immediate area.  Put some time between selling your home and the most recent distressed sale.   For example in Eden Prairie and Lake Minnetonka- … (2 comments)

eden prairie realtors: Beautiful Executive Eden Prairie home for sale, marketed by www.JoeAndCindy.com - 01/09/11 04:04 PM
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eden prairie realtors: Great New Eden Prairie Listing Marketed by JoeandCindy.com - 01/09/11 03:58 PM
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eden prairie realtors: Top Minnesota Realtors working towards a strong year - 12/29/10 11:42 PM
Top Minnesota Realtors in our market area have maintained a cautiously optimistic outlook for the 2011 selling season.  Even though roughly 23% of mortgages are underwater according to zillow.com Realtors in Minnesota that we speak with on a regular basis are working with their respective clients to navigate the market and make decisions based on the most recent information.
The goals of the realtors we associate with are to work through the bottom of this market and advise their clients on what it takes to sell their home or buy the right home this year.
                                                                                                                                                                                                                        
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eden prairie realtors: Eden Prairie Realtors thoughts for 2011 - 12/20/10 06:59 PM
Eden Prairie Realtors we have spoken with over the previous week seem to feel ok about 2011.  Prices of course are still down and will be down for the forseable future but their is renewed interest in the market.
Inquiries on upper bracket homes are continuing to rise although transactions are not.  Typically we would expect those with money to spend to evaluate the market and start making some moves if they feel the value is strong.   By most accounts the values are strong right now and since interest rates are low, this may be a great time to move up … (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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