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minneapolis real estate: Where do the names Nokomis and Longfellow Minneapolis come from? - 06/06/07 04:29 AM
Henry Wadsworth Longfellow wrote "The Song of Hiawatha" which is where many of the nomenclatures of the East Nokomis Neighborhood come from. I learned about this while snooping around on the Nokomis Neighborhood website. It referenced the poem, but didn't tell me much about it.
You can see the original post at www.minneapolisnokomis.com.
The following table references the meaning of some of the names we find in the Nokomis and Longfellow neighborhoods in South Minneapolis.
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minneapolis real estate: Minneapolis Longfellow Gardens - 05/31/07 10:14 PM
Being a REALTOR who blogs somehow seems to force me out of my shell. I've started to carry my camera with me everywhere so I can make a point to grab pictures of the amenities of my neighborhood in Minneapolis. I love the Longfellow Nokomis area. There's SO much to write about!
I've driven by the Longfellow Gardens a million times and never stopped to look at them...until today. It seems there are always a million things to do and not enough time to do them in. Today I made it a point to spare 15 minutes to stop, and literally, … (1 comments)
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minneapolis real estate: Sellers Penalized for Negotiating - 05/23/07 04:21 PM
It's very common in the Twin Cities market for first time home buyers to ask sellers to pay for some of the buyer's closing costs. Today's buyers may have "A" credit, have a good job, and a good lender, but they have trouble coming up with enough money to pay all of the closing fees to get into the house.
Sellers who are wanting to negotiate in good faith with a potential buyer often raise the sale price of the home to compensate for contributing to the buyer's closing costs.
When the sale price of the home goes up, so does the commission. As a … (35 comments)
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minneapolis real estate: Finally, Nokomis and Longfellow Minneapolis Get Needed Resource - 05/21/07 10:57 AM
Yeah, We Know...
It's long over dueNo one else is doing itIt will be helpful to our neighbors in Longfellow and NokomisI've partnered with other REALTORS at Edina Realty that live and specialize in the Nokomis and Longfellow area of Minneapolis. Our mission is to become the ultimate Nokomis Longfellow Resource for real estate, entertainment, and community information.
It was just launched today. We hope you'll join us in this new venture!
Longfellow Nokomis Real Estate Guide
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minneapolis real estate: A Picture is Worth a Thousand...Buyers? - 05/06/07 10:14 AM
It's astonishing to me the number of homes listed on the MLS that are without photos. Perhaps even worse are homes that are listed with poor photos. We know from the National Association of REALTORs statistics that homes with a LOT of pictures are looked at more often and more closely by potential buyers. Let me show you what I mean:
Compare these photos:
With these:
The pictures in the first row are dark. The close up of the wood floor is, well, BORING! The pictures in the second row are bright and really show how large the rooms are (the second row of … (0 comments)
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minneapolis real estate: It's OK to wait - 04/29/07 12:48 PM
I met with a first time home owner last week, I"ll call her Amy.
Amy was approved for a loan from $130,000-$150,000. She's more comfortable with the monthly payment at $130,000. She has a friend who is selling a home and once the home is sold (in this market that could be one month from now, or six months from now), they plan on being roommates. Of course having a roommate would make the $150,000 payment much more comfortable for Amy. Amy would prefer to be in a single family home vs. a condo in Minneapolis or St. Paul. Of course, she'll want to … (0 comments)
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minneapolis real estate: A Doozy of a Reason to List your Home Sooner Rather Than Later! - 04/21/07 06:39 AM
As a real estate agent who lives and works in Minneapolis, I like to play sociologist--look at what is happening around me and think about how it will impact our local real estate market. This morning I found a potential doozy. The Minneapolis Star Tribune published an article about the protected status of Liberians in Minnesota expiring this October. Thousands of Liberians have been in Minnesota under a temporary protected status since 1991 when that status was granted due to a Liberian civil war. There are teenagers that were brought here when they were infants, grew up here, and now face … (0 comments)
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minneapolis real estate: Selling your home? Do what Target does! - 04/18/07 05:48 AM
Find someone who has been successful, and do what they do.
What does Target have to do with selling your house? Everything. Target has heavenly marketing mojo that we in the real estate business need to rob and duplicate! If you're selling your home, you're in the real estate business. Let me draw two parallel questions:
Why is it that when Walmart is posting 4th quarter losses Target continues to do well? AND
Why is it that there are homes that are selling within 30 days on the market and with multiple offers (yes, they still happen) and others languish on the market?
Reputation: Target donates … (3 comments)
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minneapolis real estate: Just Breathe - 04/08/07 09:15 AM
When I start working with a first time home buyer, I like to schedule an initial meeting to go over common questions like: How long will it take me to buy a home, How do I know I won't pay too much?, I've been to 5 open houses, and I haven't seen anything I like, How do I know how much I can spend?, Where in Minneapolis or St. Paul should I buy?
If you're a first time home buyer, or even if it's been a while since you've purchased a home, you're familiar with this endless list of questions.
If you've … (2 comments)
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minneapolis real estate: Minneapolis St. Paul Real Estate Statistics for the last year - 04/07/07 08:19 AM
Curious to see what the Minneapolis St. Paul Real Estate Market has done over the last year? See this post on the last year's real estate statistics for Minneapolis, St. Paul and surrounding suburbs.
This report report is a great way for you to get a feel for what's happening in your local real estate market.
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minneapolis real estate: Most Expensive Listing in Minneapolis - 11/11/06 01:33 PM
What 16.9 Million will get you in the Twin Cities. The most expensive listing today in Minneapolis. Dunrovin is a property located on Lake Minnetonka. It boasts 4 bedrooms, 10 bathrooms, 10 fireplaces and 7 garages. The lot has over 300 feet of lakeshore, and is surrounded by a nature reserve. 13, 837 finished square feet.
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minneapolis real estate: Upside to the Slow Down - 11/07/06 09:46 AM
As a REALTOR it makes me proud that Minnesota has one of the largest rates of homeownership (76%). When I bought my first house in 1998 my Realtor told me I didn't want my monthly payment to be over 30 percent of my monthly salary. She encouraged me to closely examine what I would be paying per month so I would be comfortable in my new home. Today, Fannie Mae, Freddie Mac, and HUD have changed those ratios. There are now some loans that have borrowers paying as much as 48 percent of their income on their house payment. Astonishing. No … (2 comments)
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minneapolis real estate: Find the Joy in What You Do - 11/02/06 07:12 PM
During a class I taught this week at the Minneapolis Association of Realtors, I started the class with a couple of jokes. However, I asked the class first if it was OK (which I wouldn't normally have done, but due to events of the last week, it seemed the right thing to do). Jokes often push the envelope of what we consider appropriate, which is why we find them funny. However, last week while Barbara Striesand was in town, she did a stand up comedy routine during her concert and poked fun at President Bush. Someone in the audience threw a … (1 comments)
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minneapolis real estate: Twin Cities Real Estate update for this week. - 10/31/06 10:48 AM
From Mark Allen, CEO of the Minneapolis Area Association of Realtors:
Buyer and seller activity are both down relative to 2005 for the week ending October 21. The record number of past year sales continues to haunt today's market and in response, sellers have scaled back new listings to 7 percent behind last October. Buyers appear to still be somewhat spooked, as pending sales are down 19 percent for the same time period comparison. Happy Halloween!
The figure to the left represents the supply demand ratio for October, 2006. This means 8 houses for every buyer. There were 30,999 active listings this … (2 comments)
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Lisa Dunn www.TwinCitySeller.com
Minneapolis,
MN
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Edina Realty
Office Phone: (651) 690-8439
Cell Phone: (612) 599-3484
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Lisa Dunn is a Realtor in the Minneapolis St. Paul area who offers some thoughts for your review.
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