ARCHIVED BLOG POSTS
2010
Our industry does not seem to be developing much traction. In fact, there is a strong possibility that the free fall is still in progress. There is no evidence of pent up demand about to burst the negative bubble. There are numerous streams of data published that measure the progress/regress of...
10/28/2010
The fiduciary responsibilities of a buyer's agent to his/her clients are defined in Minnesota statutes. Like most states, Minnesota mandates that certain minimum standards are met by a real estate agent who has made a written commitment to serve a client. A buyer's agent must act only in the cli...
10/22/2010
The market is great for home buying right now. Even with some foreclosed property temporarily off the market, the supply of well-priced homes is much higher than the demand. The opportunity to finance at a rate lower than any in your lifetime is right now. For buyers, especially those without ...
10/20/2010
In relative terms, the American Sunbelt may be under built compared to parts of China. There are rumored to be a number of newly built ghost towns spread around China, with homes sold to speculators and almost no inhabitants. If the current speculative buying frenzy continues, it will be just a...
10/19/2010
3
Comments
In what appears to be an effort to gain senior electoral support, the Democrats are proposing a $250 check in the mail for all social security recipients. The promise is that there will be a vote in Congress after the election to make it official. I don't know whether a one time payment to seni...
10/19/2010
We're officially in the holiday shopping season now. Fleet Farm's Toyland opened Saturday at 7:00AM to an anxious crowd of early shoppers. It's only going to get worse after the election when political ads on television will be replaced with jingle bells and an array of gift items selected by r...
10/18/2010
Karen Krushinka, a Virginia REALTOR® with a range of experience that spans decades and the full spectrum of market conditions, condenses the home selling process into a half dozen factors. If you are going to sell your home, take these factors and the entity responsible for each to heart. Althou...
10/17/2010
According to the Regional Multiple Listing Service of Minnesota, Inc., there are over 200 homes for sale in Rosemount. Better than one in five of them are priced at $150 thousand or less, making Rosemount an excellent place to consider if you're looking for your first home. The proximity to the...
10/15/2010
2
Comments
Just as the velocity of money moving through the system determines the health of an economy, the number of transactions in real estate affects the health of the industry. Facilitate an owner-occupied home sold in order to buy another owner-occupied home, and there is a beginning of a chain that w...
10/14/2010
According to the Regional Multiple Listing Service of Minnesota, Inc., there are almost 400 homes for sale in Apple Valley. A third of them are priced at $150 thousand or less, making Apple Valley an excellent place to consider if you're looking for your first home. The convenience of living mi...
10/14/2010
Rainmaker
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Mike Carlier
More opinions than you want to hear about.