minnesota: Seeking Stability - 01/29/08 04:27 PM
Seeking Stability
  
The 2007 statistics for the Twin Cities real estate market were released at a press conference by the local real estate associations on January 16th, 2008.  The highlights were as follows:
Listings processed, 105,004, down 2.8%
Sales, 40,055, down 16.4%
Inventory of homes for sale at year end, 26,675, up 16.8%
Average sale price, … (0 comments)

minnesota: Signs of the Bottom - 11/24/07 03:53 PM
We are often asked if it's time to buy yet.  Has the market hit bottom or is it still falling?  The simple answer is: If you are ready to buy, now is a good time.  "Maybe you're right Pat, but isn't that what you Realtors always say?"  Perhaps, but then we're … (0 comments)

minnesota: Minneapolis Bridge Tragedy Gets Close and Personal - 08/07/07 03:41 PM
I learned over the weekend that a friend, Vera Peck, is among the missing in the aftermath of the 35W bridge collapse.  Vera was with her 20 year old son, Richard Chit, who has Down's syndrome.
Vera is a wonderful person, sweet and kind, respectful and respected.  You just feel good in … (0 comments)

minnesota: Marketing; Does it Still Matter? - 07/29/07 01:20 PM
We all know that to sell our listings, our marketing must reach the serious buyers (those that may buy in the near future at a decent price).  But beyond putting the listing on the MLS, is any additional marketing beneficial?
The vast majority of serious buyers are working with Realtors.  The primary … (5 comments)

minnesota: Same Game, Different Name - 06/22/07 06:00 PM
A recent article in the Minneapolis Star Tribune, "Straw Buyer deals fuel tidal wave of foreclosures", discusses a problem that has been big for over a decade.  Back in the 1990's, it was called the "Flipping Scandal".  It involves property sold at inflated prices to unsuspecting buyers
In this story, a 22 … (3 comments)

minnesota: The Buyers Market, "In It for the Long Haul" - 06/06/07 09:06 PM
The Buyer's Market
"In It for the Long Haul"
The spring and summer months are typically the busiest time for real estate, but the hoped for rebound in the market has yet to occur.  Many had suggested the rebound would occur this year, but now that it's obviously not, next year is the … (8 comments)

 
Real Estate Agent: Pat Paulson, Realtor, Minneapolis, Minnesota (Exit Lakes Realty)
Pat Paulson, Realtor, Minneapolis, Minnesota
Minneapolis, MN
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Exit Lakes Realty

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