Forbes Names Minneapolis Area as One of Best Places to Buy Instead of Rent - 01/31/10 07:13 PM
Forbes.com gave the 10 best metro areas to go from renting to buying.  As most people know, the first time homeowners tax credit is still available and interest rates are at historically low levels.  However, Forbes states some cities stand out more than others as places to purchase your home now.  In the Minneapolis area, they state "the premium to buy--the spread between what you'd spend on renting and what you'd pay each month for a mortgage--is far narrower now than its 15-year average."  It is also predicted to have a price hike in roughly five years, making the value of your property … (2 comments)

Waconia Market Snapshot: New Listings and Sales for January - 01/26/10 02:04 PM
Activity is picking up with more new listings and more recent sales in the entire Twin Cities area.  According to the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for the week ending January 16 there were 571 signed purchase agreements, up 4.0 percent from a year ago.  New listings were 8.3 percent higher than a year ago at 1,668.
The number of homes listed so far this year in Waconia (1/1/2010-1/25/2010) is 38.  The median list price is $235,300.  The average list price is $265,522.
The total number of active single family homes on the market in Waconia is 109 with the … (0 comments)

FHA Announces Changes to Guidelines - 01/22/10 09:22 PM
The Federal Housing Administration issued a press release this week outlining some changes that may affect some potential home buyers. 
The first change is to increase the mortgage insurance premium (MIP) from 1.75 percent to 2.25 percent.  When you get an FHA loan, you are required to pay this premium.  If you are unable to come up with this up front it can be financed into your loan.
Another change is an increase in the interest rate for people who have low credit scores.  For new borrowers who have a credit score that is lower than 580, the new down payment requirement will be … (0 comments)

Waconia Real Estate Market - 2009 Year End Review - 01/17/10 10:42 PM
The Waconia real estate market, like all other areas, had a decrease in sales and prices of homes. Below is a look at year 2009 in the Waconia area, as well as surrounding cities. This is based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC.
Year End 2009 Median Sales Price

The first week of January showed a surge upward in activity, but this was expected after the slowdown during the holidays.  New listings rose to 688 for the week while pending sales posted a number of 378.  Housing Affordability continues at historic levels but the months supply … (0 comments)

This Most Desired Waconia Neighborhood Has a New Home for Sale - 01/15/10 09:17 PM
If you are searching for the perfect home, in the perfect neighborhood, in the perfect city, keep reading!  This home was just listed and it has everything a homeowner could want and the breathtaking views of Burandt Lake are seen from nearly every room.  The house is located in Sterling Hills subdivision, an upscale community with 46 homes. 
The subdivision is in an ideal location.  Everything you need is found within a two mile radius.  Restaurants such as Subway, McDonalds and Domino's are right around the corner while the popular, more upscale restaurant, Lola's Lakehouse is only two miles away.  Many … (0 comments)

Neonatal Unit at Ridgeview Medical Center open in Waconia MN - 01/06/10 10:21 PM
Ridgeview Medical Center is an independent, 109-bed acute care hospital located in Waconia.  It serves a five-county area including Carver, northern Sibley, southern Wright, western Hennepin and eastern McLeod.  Ridgeview has earned many distinctions including being ranked among the top 5% of all hospitals in the nation for patient safety two years in a row and scored in the top three percent among more than 2,300 hospitals nationwide in surgical care improvement process-of-care measures. Ridgeview offers many services as well.  The Heart Center partners with the Minneapolis Heart Institute®  to provide a wide range of cardiology services.  The Cancer Center is … (0 comments)

Energy Efficient Home Improvement Ideas Before Selling Your Home - 01/03/10 10:32 PM
If you plan to make improvements around your home before placing it on the market, take a look at popular trends first. This may give you ideas, or help your narrow down exactly where to start.
According to Pittsburgh Paints, the 2009-2010 color trends are influenced by the earth and sky. Classic neutrals and exotic brights are the key shades. According to the Pantone Color Institute® “yellow speaks to enlightenment, as it is a hue that sparks imagination and innovation." Yellow is also the color of the sun, thus stays withing the same "earth and sky" concept. A designer's blog I … (0 comments)

 
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Jeff Schulz

Waconia, MN

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ReMax Action West

Address: 9384 Oak Avenue, Waconia , MN, 55387

Office Phone: (952) 442-1040

Cell Phone: (612) 709-4737

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