foreclosures: Twin Cities Real Estate Market Update: "The Skinny" for April 2012 - 05/22/12 08:01 AM
 
Twin Cities Real Estate Market Update: "The Skinny" for April 2012
 
 
 
 
 
 
Contact Marzena M. Melby, GRI, e-PRO, CDPE, Coldwell Banker Burnet Realty. Licensed REALTOR® in the state of Minnesota
 Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin … (0 comments)

foreclosures: Twin Cities Real Estate Market Update: "The Skinny" for March 2012 - 03/31/12 06:10 PM
Twin Cities Real Estate Market Update: "The Skinny" for March 2012  
 
 
 
Contact Marzena M. Melby, GRI, e-PRO, CDPE, Coldwell Banker Burnet Realty. Licensed REALTOR® in the state of Minnesota
 Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 … (0 comments)

foreclosures: Twin Cities Real Estate Market Update: "The Skinny" for February 2012 - 02/21/12 03:20 AM
Twin Cities Real Estate Market Update: "The Skinny" for February 2012
 
 
 
 
 
Contact Marzena M. Melby, GRI, e-PRO, CDPE, Coldwell Banker Burnet Realty. Licensed REALTOR® in the state of Minnesota
 Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes … (0 comments)

foreclosures: Invest In Richfield - Four Homes Changed Hands Since 3/1/2011... by Twin Cities Homes for Sale - 03/12/11 09:15 AM
Invest In Richfield - Four Homes Changed Hands Since 3/1/2011... by Twin Cities Homes for Sale
 
 
Since March 1, 2011, four Richfield MN homes have changed hands.  Two of them were bank-owned, one short sale, and one was a traditional sale.
 
1. 7614 3rd Avenue S - One Story,  2 Bedrooms, 1 Bath, 1 Garage, Total Finished SqFt: 880
Listed at $160,000, sold for $98,610
Listed by Owner Options Realty
 
2. 7600 Lyndale Avenue S, #320, Condominium,  2 Bedrooms, 2 Baths, 2 Garage, Total Finished SqFt: 1,191
Listed originally at $168,500, sold for $135,000
Listed by Add-Vantage … (0 comments)

foreclosures: Clean HUD Acquired Home in Awesome Richfield Neighborhood... by Twin Cities Homes for Sale - 02/14/11 09:17 PM
Clean HUD Home in Awesome Neighborhood … (0 comments)

foreclosures: New HUD Home Listings… by Twin Cities Homes for Sale - 03/26/10 07:53 AM
 
New HUD Home Listings… by Twin Cities Homes for Sale
 
 
HUD Acquired homes in the Twin Cities
Featured new listings – bids due March 28-29, or April 4, 2010
Only HUD registered brokers are allowed
to submit bids on behalf of buyers.
 
Call or email me TODAY for a private showing.
 
Apple Valley HUD acquired home
 
          14378 Empire Ave, Apple Valley, MN 55124

          Town home, 2 bedrooms, 2 baths, 1,216 sq ft, $122,000
          Bids due:  April 4, 2010
 
 
Bloomington HUD acquired home
 
          7632 Landau Dr, Bloomington, … (3 comments)

foreclosures: New HUD Home Listings… by Twin Cities Homes for Sale - 03/20/10 12:54 AM
 
New HUD Home Listings… by Twin Cities Homes for Sale
 
 
HUD Acquired homes in the Twin Cities
Featured new listings – bids due March 26 or March 28, 2010
Only HUD registered brokers are allowed
to submit bids on behalf of buyers.
 
Call or email me TODAY for a private showing.
 
Apple Valley HUD acquired home
          13159 Ferris Ct, Apple Valley, MN 55124                                               
          Single family home, 2 bedrooms, 1 bath, 975 sq ft, $165,000
        Bids due:  March 26, 2010
 
Bloomington HUD acquired home
          7632 Landau Dr, Bloomington, MN … (2 comments)

foreclosures: New HUD Home Listings... by Twin Cities Homes for Sale - 03/15/10 06:21 AM
New HUD Home Listings… by Twin Cities Homes for Sale
 
 
HUD acquired homes in the Twin Cities Minnesota
Featured new listings – bids due March 21, 2010
Only HUD registered brokers are allowed
to submit bids on behalf of buyers.
 
Apple Valley:                                                                                 
          15270 Flower Way, Apple Way, MN 55124
          Townhome, 2 bedrooms, 2 baths, 1,365 sq ft, $139,000
 
 
Hopkins:                                                                                       
            218  11th Avenue South, Hopkins, MN 55343 
            Single family home, 3 bedrooms, 2 baths, 1,248 sq ft, $180,000
 
 
Lakeville:                                                                                      
          15855 Holt Ave W, Lakeville, … (4 comments)

foreclosures: Hot off the Press: SW Minneapolis MN Home Sales... by Twin Cities Homes for Sale - 11/14/09 03:08 AM
 
Hot off the Press: SW Minneapolis MN Home Sales in October 2009
 
SW Minneapolis MN real estate market has been quite brisk this month.  There have been 120 new listings during October, that’s 12.1% increase over October 2008.  However, the year to date number was 0.2% lower than in 2008.  That is consistent with the lower overall listing activity this year in comparison with last year in the Twin Cities area. 
 
Low interest rates and the stimulus buyer tax credit helped boost sales, especially in lower price ranges.  There were 72 closed home sales in last, a … (0 comments)

foreclosures: Hot off the Press: Richfield Home Sales in October... by Twin Cities Homes for Sale - 11/13/09 02:04 AM
 
Hot off the Press: Richfield Home Sales in October 2009
 
Richfield MN real estate market has been very active this month.  There have been 77 new listings during October, 32.8% more than in October 2008.  However, the year to date number was slightly lower than in 2008.  That is consistent with the lower overall listing activity this year in comparison with last year. 
 
Low interest rates and the stimulus buyer tax credit helped boost sales, especially in lower price ranges.  There were 49 closed home sales in last, a 28.9% increase over October 2008.  The year-to-date numbers … (4 comments)

foreclosures: Hot off the Press: Twin Cities foreclosure sales drop... by Twin Cities Homes for Sale - 04/20/09 07:08 AM
 
The number of foreclosed homes sold from February to April of this year dropped by 1,200 units, while the months supply  of inventory has significantly declined. During the four-year period 2005-2008, the number of lender-owned homes steadily grew, bringing the inventory up to the record levels as high as 12.8 homes per active buyer in November of 2007.  A typical balanced real estate market shows inventory levels between 5 and 6 active listings per buyer.   
The current breakdown, as reported by the MAAR office:  

 
All of this means that the Twin Cities have two active markets.  … (4 comments)

foreclosures: Hot off the Press: West Bloomington Market Update for Buyers and Sellers... by Twin Cities Homes for Sale - 04/07/09 06:45 AM
 
Single Family Homes
March 2009
 
With the cold spring and current economic woes, real estate market has been sluggish.  However, the activity has been picking up in the recent weeks.  Good news is that the foreclosure homes have been selling and there are fewer of them available.  In general, the inventory has come down and buyers experience a lot more competition now.
 
Current market activity in West Bloomington:
 
All homes available for sale: 155
lender owned: 18 non-lender owned: 137  
All pending transactions: 40
lender owned: 10 non-lender owned: 30  
Sales closed this month: 23
(2 comments)

foreclosures: Hot off the Press: Edina Market Update for Buyers and Sellers... by Twin Cities Homes for Sale - 04/07/09 06:33 AM
 
 
 
Single Family Homes
March 2009
 
With the cold spring and current economic woes, real estate market has been sluggish.  However, the activity has been picking up in the recent weeks.  Good news is that the foreclosure homes have been selling and there are fewer of them available.  In general, the inventory has come down and buyers experience a lot more competition now.
 
Current market activity in Edina:
 
All homes available for sale: 276
lender owned: 8 non-lender owned: 268  
All pending transactions: 38
lender owned: 2 non-lender owned: 36  
Sales closed this month: … (0 comments)

foreclosures: Hot off the Press: Richfield Market Update for Buyers and Sellers... by Twin Cities Homes for Sale - 04/07/09 06:14 AM
 
Single Family Homes
March 2009
 
With the cold spring and current economic woes, real estate market has been sluggish.  However, the activity has been picking up in the recent weeks.  Good news is that the foreclosure homes have been selling and there are fewer of them available.  In general, the inventory has come down and buyers experience a lot more competition now.
 
Current market activity in Richfield:
 
All homes available for sale: 165
lender owned: 31 non-lender owned: 134  
All pending transactions: 74
lender owned: 28 non-lender owned: 46  
Sales closed this month: 22
lender … (0 comments)

foreclosures: Twin Cities Home Buyers: Have Missed Out on a "Good Deal"?!... - 11/25/08 05:14 AM
In the last few weeks, I have been extremely busy working with Twin Cities buyers, many of them shopping for bank-owned homes.  We've looked at lots of homes in low price ranges and in condition ranging from "not bad" to "almost a tear-down".  The better homes are selling quickly and in multiple offers... Yes, that's correct:  MULTIPLE OFFERS.  The highest number of offers at one time I have been in recently is eight, but maybe other agents have seen more.
So, out of curiosity, I checked the recent MLS activity statistics.  In the last three months, Minneapolis Area Association of Realtors … (10 comments)