Information about Minnesota real estate, Minnesota relocation, Twin Cities real estate market, the Twin Cities, Twin Cities relocation, Minneapolis Homes, Saint Paul Homes, St Paul Homes, Edina Homes, as well as other things that might be fun or of interest. Articles will be posted that describe the real estate and mortgage markets and provide useful information to first time buyers, move up buyers, and investment property buyers.
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Twin Cities Low Housing Inventories Indicate a Trend in Minneapolis & St Paul Homes Low inventory is a relative term depending on how you're comparing it. Would the comparison be to total number of homes on the market last year, homes in a certain price range or homes in a certain area? In ...
Minnesota Homeowners Refinancing Again? Think about it. We're constantly bombarded by lenders to refinance our mortgage under a variety of programs. The volume of offers can almost make you numb to the rational consideration. There are common rules of thumbs that homeowners and agents use suc...
How Long Do I Have to Wait Before I Can Purchase Again? The question concerning people who’ve had a foreclosure, short sale or bankruptcy is when they will be able to qualify for a mortgage loan. It takes different amounts of time to heal credit scores based on the event. The following chart is ...
Homeownership Rules For Minnesota Homeowners Most people agree that homeownership rules! When asked, people say they want a home they can call their own, to raise their family, share with their friends and to feel safe and secure. It also accounts for the majority of most people's net worth. ...
Retirement Home Now? Maybe you're not ready to move into it but that doesn't mean that you shouldn't take advantage of the present opportunities to acquire the home you want to live in during retirement. The combination of the low interest rates, reduced prices and lower competition may never...
Enjoy the fireworks!! Star Spangled Banner Our American flag is obviously the symbol of our country but it has come to remind us of every man and woman who has fought for the freedom that we enjoy. The emotions that are stirred by images of our flag can run from happiness to sadness to even an...
Gift or Inherit Transferring the title of a home from one person to another may seem simple but it could have a significant tax implication. When a person inherits property, the basis is "stepped-up" to fair market value at the time of the decedent's death. On the other hand, a gift h...
What does the media think about housing prices? I have the "boots on the street" opinion. It is nice to see national publications confirm what I already know-the real estate values are HUGE. NOW is the time to buy. If you are looking in the Twin Cities-give me a call to show you the extrem...
Distressed Sales Numbers Changing By John Mazzara & Rob MintonWhile there’s little question that foreclosures have slowed because of paperwork issues and even government policies aimed at slowing them, sales of distressed properties still make up a relatively large percentage of all sales.That ...