Real Estate Valuation and Appraisals in the Twin Cities of Minnesota

With falling real estate prices, and more importantly the increasing number of renters, one would think this would be the opportunity of a lifetime to become a real estate investor, and for some it is. However, if there is one thing that this real estate malaise has taught us, being a landlord is...

For all of my appraisals I always contact the agents involved to verify if the sale actually closed, and whether it was an arm's length transaction. Apparently not all appraisers must be doing this, because I get a lot of Realtors telling me that this is first time that anyone has asked them the...

The City of Albertville, MN  Market Update The MLS indicates that prices for the City of Albertville, MN increased significantly for the month of October, however still declining year to date. The MLS data is for all types of properties (Single Family, Town Homes, Condo's,Twin Homes). The data fo...

The City of Ham Lake, MN  Market Update The MLS indicates that prices for the City of Ham Lake, MN increased significantly for the month of October, however still are declining year to date. The MLS data is for all types of properties (Single Family, Town Homes, Condo's,Twin Homes). The data for ...

One of the adverse effects of the current housing market is the lack of movement by homeowners. Diana Olick with CNBC has a great article which highlights this phenomenon. Many of us within the real estate industry are no stranger to this, but I wasn’t aware of the actual numbers. Diana points ou...

The City of Coon Rapids, MN  Market Update The MLS indicates that prices for the City of Coon Rapids, MN declined for the both the current month of October, and also year to date. However, the year to date decline was more than the monthly figure. The MLS data is for all types of properties. The ...

The City of Becker, MN  Market Update The MLS indicates that prices for the City of Becker, MN declined for the both the current month of October, and also year to date. However, the year to date decline was significantly less than the monthly figure. This is for all types of properties, and the ...

The City of Zimmerman, MN  Market Update   The MLS indicates that prices for the City of Zimmerman, MN declined for the both the current month of October, and also year to date. This is for all types of properties, and the MLS also includes some townships for this market data. The data for this m...

FHA’s reserves have fallen to just .24%, which is supposed to cover the future losses of the $1.1 trillion in mortgages they’ve insured. That’s less than half of what they had in reserves last year, and significantly less than the 2% mandated by Federal law. There is a 50% chance that FHA is goin...

The City of Ramsey, MN  Market Update The data for this market update is based on the above search criteria over the past 12 months. The MLS indicates that prices for the City of Ramsey, MN increased for the current month, but are decreasing year to date. This is for all types of properties that ...