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minneapolis luxury: Most Expensive Condos for Sale in the Twin Cities - 09/23/11 04:03 PM
They may not exist in vast numbers, but currently there are 51 condominium units available city wide priced over $1 Million. Here is the top five countdown for most expensive luxury condominiums in the Twin Cities area: Phoenix on the River in Minneapolis – trying to live up to its luxury billing, the most expensive unit for sale in the Twin Cities could be yours for a mere $4 Million. It is located across the river and has fantastic penthouse views of downtown. With 3 bedrooms/5 bathrooms and over 6200 square feet this condo unit is under construction so right now it is only a dream. The Harrington House in Wayzata– this three bedroom/three (0 comments)
minneapolis luxury: Luxury Real Estate Short Sales - 11/22/09 10:05 AM
Luxury Home Short Sales Working with Luxury Short Sales in the Twin CitiesWhile high end homes don't go into distress too often, the current market is causing some home owners to pursue the short sale route when selling their home. With home prices dropping in expensive neighborhoods, and seeing as many were artificially inflated due to the real estate market a few years ago, luxury homes are now seeing a much needed market correction.Unfortunately, there are not as many buyers out there who can afford an expensive home (not to mention the high property taxes that come with million dollar (0 comments)
minneapolis luxury: Even Expensive Homes Can go Back to the Bank! - 12/19/07 02:40 PM
The buzz words of 2007 are most likely going to be "bank owned", "foreclosure", and "short sale". As you can imagine, there are thousands on the market right now in the Twin Cities that are trying to compete with each other, and sadly, no one is buying.So imagine how difficult it is going to be to sell a Million dollar home that has gone to the bank. The property is automatically stigmatized by the words "bank owned" and any potential buyer of a high-end home is going to want a nice discount to purchase it.According to the Regional Multiple Listing Service, (3 comments)
minneapolis luxury: What to do Before you Buy a Luxury Home, Part 2 - 06/21/07 05:51 PM
More ideas on what to do before your next home purchase: Look beyond your Target Price - You might be looking for a home in the $5 million range, but if you are looking in an area other than where you currently live, you need to find an experienced luxury agent to help you understand market value. Find out what $1 Million, 3 Million, or even $10 million will get you. Don't Get Sticker Shock - Prime locations command prime dollars. Expect to pay higher than normal prices for waterfront properties, mountain views, and prestigious areas. Communication is Key - real estate (2 comments)
minneapolis luxury: What to do Before you Buy a Luxury Home, Part 1 - 06/04/07 01:47 PM
Here are some good suggestions on what to do before you purchase a home. Look for Lenders that cater to the affluent - A buyer looking as a $4 Million home doesn't go to Lending Tree for a loan. You need a mortgage company with a history of upper bracket real estate. Shop on the Internet, but don't look at a home without a Realtor - The Internet is real estate's most versatile tool and is a great way to browse for luxury homes and narrow down your choices. Look for a real estate agent that specializes in upper bracket homes and (2 comments)
minneapolis luxury: Luxury Home Tour Hits Minneapolis - 05/25/07 09:51 AM
If you have nothing to do the next couple of weekends and are looking to view some local luxury home builders, then plan on attending the 7th Annual Luxury Home Tour. Available for your viewing pleasure are 22 spectacular, one-of-a-kind homes in the Twin Cities area. When : June 8-10, 15-17, 22-24 Noon-6pm Where : Blaine, Champlin, Gem Lake, Greenfield, Eden Prairie, Edina, Lake Elmo, Mahtomedi, Medina, Minneapolis, Minnetonka, Minnetrista, Prior Lake, Wayzata Cost : Purchase Passport Tickets in advance for $20, or $25 at the homes. Each Passport allows one-time admittance into all the homes, or, you can pay $5 per (0 comments)
minneapolis luxury: One Way to Put Out a Fire - 03/29/07 11:26 AM
Fire Sprinkler Systems in the Luxury Home A new home trend that is still an idea in most peoples minds, but sure to become the future norm, is the home fire sprinkler system. We all know that commercial properties and apartments buildings are required by law to have an operating sprinkler system, but apparently there is a push to have future homes equipped with them as well. I have some insider knowledge as my husband works for Northstar Fire Protection in Eagan, MN as a Project Manager. He designs and oversees the installation of commercial sprinkler systems. One day last year we were (5 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.