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minnesota market: I Wish I Would Have Bought Back Then - 04/29/08 12:13 PM
I had the chance to purchase a house for $25,000 in 1976.  My friend decided to sell it to his sister instead.  Three years later it was worth $50,000.  I finally bought a couple of years after, but found myself wishing I had bought a bunch of property "back then".
I was fortunate to carry three properties during the recent boom, but wish I had bought more "back then" in the 1990's.  Many people wish they had bought just one back then.  The good news:  It is back then.  Prices in some areas and for some properties have rolled back seven or … (1 comments)

minnesota market: What Comes Down Must Go Up - 04/24/08 02:44 PM
The first stage of the rebound is well underway in the Twin Cities real estate market.  How it plays out remains to be seen but history and current trends give us good clues.  Markets are cyclical and excesses, whether up or down, sew seeds bearing the opposite reaction.  The harder the fall, the greater the rebound, be it in strength or length.
Anatomy of a Rebound
  
Stage one of the rebound is reduced seller activity.  In 1989, listings processed began a ten year decline.  This led to a real estate boom, starting several years later.  In 1999, listings began a seven year incline.  … (0 comments)

 
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Pat Paulson, Realtor Minneapolis, Minnesota

Minneapolis, MN

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