minnesota real estate: Anoka, Chisago and Washington County 2008 Year End Housing Statistics--Snapshot VS Detailed Report - 02/26/09 10:01 AM
Real estate marketing statistics have been thrown around in the media lately as commonly and as randomly as a toddler tosses around a bowl full of Cheerios. Just like those darn O's, numbers and stats are everywhere! But with so random of a disbursement, does a home buyer or seller really understand … (14 comments)
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minnesota real estate: Lakeshore Foreclosures Available in Washington County and Forest Lake, MN - 02/17/09 05:24 PM
Throughout Minnesota there are homes in foreclosure so with tens of thousands of lakes, lake homes cannot be immune from the mortgage and foreclosure crisis can it? In a word, no. I did a search today* for lakeshore homes that are currently bank-owned or listed as a foreclosure and found six … (8 comments)
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minnesota real estate: Lakeshore Foreclosures Available in Chisago County Minnesota - 02/17/09 05:19 PM
With 12,000+ Minnesota lakes and a foreclosure crisis, there must be a few lakeshore homes that are bank owned and available, right? Actually, yes! I did a search today* for lakeshore homes that are currently bank-owned or listed as a foreclosure and found eight listings on eight different Chisago County lakes. … (0 comments)
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minnesota real estate: Lakeshore Foreclosures Available in Anoka County Minnesota - 02/17/09 11:42 AM
In Minnesota, Land of 10,000 Lakes...well 12,000 actually, there are bound to be one or two lakeshore owners who have had a tough time in this economic downturn right? I did a search today* for lakeshore homes that are currently bank-owned or listed as a foreclosure and found nine current listings … (2 comments)
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minnesota real estate: Kitchens Still SIZZLE as a Remodeling Investment! - 02/01/09 12:54 PM
No doubt there are many homeowners who would love to make a change to a different home but the current status of the real estate market has caused them to reconsider a move and opt for a remodel. But what the "what ifs" start creeping in too...Will I ever get the money back … (48 comments)
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minnesota real estate: Snapshot of Lino Lakes, MN 2008 Year End Home Sales Statistics - 01/19/09 07:38 AM
The number of closed sales took a drastic drop in Lino Lakes, Minnesota in 2008. Over 25% fewer homes were sold last year in the Lino Lakes area than in 2007. The number of new listings is down as well along with the average price of a home sold. It … (0 comments)
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minnesota real estate: Snapshot of Forest Lake MN 2008 Year End Home Sales Statistics - 01/18/09 12:07 PM
It is not just your imagination; it is taking longer to sell a home in Forest Lake Minnesota. Compare year end figures from last year, it homes are taking an average of 30 days longer to sell in the community of Forest Lake. The average sales price for a home … (0 comments)
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minnesota real estate: Real Estate 101—What is a Short Sale? - 12/31/08 09:00 AM
Ring-Ring! There's another call...Since, interest rates dropped to an all time a few weeks ago, buyers are again asking questions and getting in a buying frame of mind. As a Minnesota REALTOR®, many of the calls I have received lately are from excited first time buyers and/or the parents of young … (5 comments)
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minnesota real estate: Foreclosures--Not Just for Investors Anymore! First Time Buyers also get DEALS! - 12/27/08 04:09 PM
This past spring I asked readers if they were ready to take on the challenge of buying a foreclosure or short sale home. Test Yourself--See If YOU are Ready to buy a Foreclosed Home! was a tongue-in-cheek look at the average homebuyer purchasing a pre-foreclosure or bank owned property. I … (17 comments)
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minnesota real estate: Uniquely Minnesota Artful Distractions—Hometown Version: GIANT Pizza Chef in Linwood, MN - 12/16/08 12:03 PM
Last week as I drove a car full of teenagers to go skiing at Trollhaugen through Lindstrom and Center City, my son mentioned our excursions to get photos of unique giant hometown art. We were passing the giant hotdog and miniature statue of liberty (small compared to NYC standards anyway) in … (12 comments)
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minnesota real estate: House Price Index Report 3rd Quarter 2008—Minnesota is NOT in the High Depreciation Top Ten but Came VERY Close! - 12/12/08 12:18 AM
The report released by the Federal Housing Finance Agency in late November was not expected to hold great news. The House Price Index (HPI) report showed that across the United States the average appreciation was -4.00 during the past year. Minnesota's appreciation rate was -4.33 just slightly worse than the national … (0 comments)
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minnesota real estate: October Video Update on Twin Cities Real Estate Market - 10/28/08 10:55 AM
I came across this market update posted on YouTube from the Minneapolis Association of Realtors which is a very good explanation snapshot of condition of the Twin Cities real estate market today. It is cautiously optimistic about the housing market conditions this fall. Take a look...
If you are buying, selling or … (5 comments)
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minnesota real estate: Wyoming, MN Real Estate Market Statistics 3rd Quarter 2008 - 10/06/08 08:46 AM
The City of Wyoming, Minnesota on the northeastern edge of the Twin Cities metropolitan area is a hidden gem! According to the city's website the town was named after the first settlers who in 1855 relocated from the Wyoming Valley in Pennsylvania. Wyoming boasts its own police and fire departments, city … (4 comments)
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minnesota real estate: No Political Spin—Just Straight Real Estate! - 10/02/08 09:45 AM
A day or so ago, I received a Google Alert notifying me that MNRealEstateUpdate was listed as a one of Politics in Minnesota's favorite housing blogs. The article, Tracking the slide online: PIM's favorite economics & housing blogs, posted earlier this week by Dan Feidt, included my blog. What an honor … (12 comments)
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minnesota real estate: Forest Lake, MN Real Estate Market Statistics Mid Year 2008 - 07/02/08 02:17 PM
Forest Lake, Minnesota is a special community in the northeast metro Twin Cities area. Many people from the city remember Forest Lake fondly from decades ago as a summer vacation spot or place to go for a drive in the country. Today, the lakeside cabins have been replaced with year round … (8 comments)
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minnesota real estate: Ham Lake, MN Real Estate Market Statistics Mid Year 2008 - 07/02/08 10:52 AM
Even though existing single family home sales in Ham Lake, Minnesota remained sluggish during the first half of 2008 the numbers show that homes are still selling. The Days on Market (DOM) statistic has stayed pretty consistent with 217 days as compared to 214 in the first quarter and 220 in … (2 comments)
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minnesota real estate: Homes on Minnesota Wetlands--Affordable Beauty and Privacy! - 05/22/08 04:19 PM
While browsing through the Q&A section of the real estate website, Trulia the other day, I ran across a question from a Twin Cities resident who was considering purchasing a home on a Minnesota wetland. This homebuyer was wondering whether buying a home with environmental lakeshore would be a huge mistake.I … (15 comments)
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minnesota real estate: When Do I Get the Keys?—Immediate Gratification is BEST in Real Estate Transactions! - 02/25/08 08:46 AM
This is a world of immediacy...We drive thru for instant food. We communicate with instant messages. We are trained for immediate gratification. It is recommended in today's changed real estate market that people SLOW things down. And this is great advice when it comes to most parts of the home buying … (28 comments)
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minnesota real estate: The Thousand Dollar Gamble—Why Buyer’s Representation is Essential! - 11/28/07 09:39 AM
I love working with home buyers! First Time Buyers. Move up Buyers. Relocation Buyers. You name it-I love it!That is why a few weeks ago when a young couple called for a showing on a home I have listed, I was excited. I pulled together my Home Buyer's Packet with information … (26 comments)
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minnesota real estate: Does "Minnesota Nice" Affect the Real Estate Market? "Yah, You Betcha!" - 04/26/07 10:49 AM
It is not necessary to be a Realtor in the Twin Cities to be aware of the slow real estate market. The Minneapolis and St. Paul metro area has experienced the same slow down as the rest of the country. It is a buyer's market and the media has no problem … (4 comments)
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