minneapolis condos: Why I sell real estate in Minneapolis
- 08/05/13 01:40 PM
When I was 17 a friend of mine invited me along to a birthday party. The location was in the Mill District in downtown Minneapolis. At the time the neighborhood was nothing more than a handful of buildings with plenty of parking lots to boot. I can still remember being absolutely enthralled with the development of the area and what was about to unfold. I was inspired by the lifestyle, being an urban pioneer at the forefront of the density coming to downtown Minneapolis. That night my mind was made up: when I finished college I would wind … (0 comments)
minneapolis condos: Reasons your Minneapolis Condo won't sell in 2013
- 12/15/12 12:32 AM
Reasons Your Minneapolis Condo won't sell in 2013 1. Price If your Minneapolis condo is overpriced it will be less attractive to buyers. Overpricing will only help your competition. Every seller obviously wants to get the most money for his or her condo. Ironically, the best way to do this is NOT to list your condo at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually … (0 comments)
minneapolis condos: Use an RC Helicopter & HD cam to get great views of Minneapolis Condos
- 12/01/12 04:55 AM
The Minneapolis condo market is competitive and recently one of the local photographers I work with started using a helicopter and HD camera to document real estate from the sky. Some of the neighborhoods--such as real estate in the Mill District have a number of new projects developed over the last decade. The easiest way to give someone who has yet to walk the area a tour is a simple video showcasing each building. Buildings like the Carlyle, which a 39 story high rise on the riverfront look quite amazing from the air as opposed to a few … (1 comments)
minneapolis condos: Use an RC Helicopter & HD cam to get great video of Minneapolis Condos
- 11/05/12 12:06 PM
Not too long ago our local professional photographer made big headlines telling all of the Minneapolis real estate agents that he puchased a radio controlled helicopter and mounted a HD camera that allowed him to begin filming real estate. The results were fantastic!
For years I have been focused in the urban markets of Minneapolis-my idea was to create a birds eye view of the different neighborhoods in downtown Minneapolis to give Buyers and Sellers starting with the historic Mill District along the riverfront. My objective was to create a short video detailing each building giving some point … (2 comments)
minneapolis condos: Rent is going up--what should I do?
- 04/26/12 07:11 AM
A recent article on the New York Times as well as the current market conditions in the Minneapolis Condo market have prompted me to write this post.
The rental market in downtown Minneapolis is continuing to tighten but we have reached an interesting point in the market. Rents year over year have gone up by almost 10% and vacancies are just under 1% at .73 (according to local research form Maxfield Research.) To make matters even more interesting inventory in downtown Minneapolis has decreased to just under 160 residential condominium units on the market. … (0 comments)
minneapolis condos: Skyway connected condos in downtown Minneapolis
- 04/05/12 07:32 AM
Recently the 84th skyway in downtown Minneapolis was officially opened to the public that joins the Ameriprise and Accenture towers. The skyways in downtown Minneapolis connect more than a handful of office buildings—they keep the people that create commerce flowing throughout the city some of which live in condos. The condos that link up to the skyway are an interesting breed of real estate. A few of them are highlighted below: IVY Hotel and Residences is the premier building connected to the skyway which is home to a local restaurant, Starwood Hotel and luxury condos. Valet parking, Spa make up some of … (0 comments)
minneapolis condos: Minneapolis Condo Rentals continue low vacancy levels in 2012
- 02/22/12 01:56 AM
Finding a Minneapolis condo for rent in the current market is proving to be tough for most renters out there. With vacancies less than 1% and getting tighter the market is truely in need of inventory. How bad is it in Minneapolis for leasing? Last weekend we had agents and buyers going through our rental listings--why? They had interest in making offers on our listings for rent as the for sale inventory in Minneapolis simply didnt have what they were looking for in a condo. Say What? Thats right, buyers have such little inventory in the Minneapolis condo market … (0 comments)
minneapolis condos: New Construction Homes around the Minneapolis Lakes Area
- 01/22/12 02:16 AM
If you happen to be driving around the Minneapolis Lakes Area keep your eyes peeled for dumpsters sitting the streets. They are a clear signal that an owner is either in the midst of a rehab on an old house or about to tear down an aged property and begin to build a Minneapolis new construction house. There are different types of buyers coming to the market to buy this type of property. Plenty of Minneapolis condo and loft owners are in need of larger homes as they have a bun in the oven or … (1 comments)
minneapolis condos: Minneapolis Condo Short Sale For Sale 401 N 2nd St #5-116 MLS 4110096
- 12/21/11 03:41 PM
In a previous blog post I mentioned how our local downtown Minneapolis Condo market has started to see an uptick in interest which has fueled multiple offers on well priced condo listings. Banks, Sellers and Realtors are putting more listings on the market at very attractive prices which are driving interest in a buyer market already facing a bottleneck from lack of good inventory. Here is a screaming deal on a unit at 5th Ave Lofts in the North Loop of downtown Minneapolis. The 5th Ave Lofts were developed by Shamrock Companies which has built more condos and … (1 comments)
One of the worst things that can happen during the buying process is to finally find your ideal Minneapolis condo, only to discover that someone else is already bidding on it-and going into 2012 make that 3-5 other people bidding on it. When this happens, how can you have a chance of being the highest bid without losing your shirt in the process? Here are some helpful tips to writing an offer … (0 comments)
Author Bio: A veteran of the Minneapolis and surrounding real estate markets, Ben Ganje initially started working for a number of developers and builders in Minneapolis. Before long he expanded his market knowledge into the Minneapolis Lakes area, Edina, St Louis Park and Golden Valley. Ben Ganje + Partners focus on working with sellers, buyers, renters alike looking to make a move.
Get up to date information on the latest developments and news in the Minneapolis real estate market right here. Search listings, view photos, see pricing, maps and market commentary all right now!
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