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By Dylan Garrison The condo and loft market in Minneapolis is a very dynamic. From Uptown to Downtown and Eat Street to University, there is a wide array of building styles and neighborhoods to choose from. This month we’ll be looking at what you ...[Read More]
Provided by Edina Realty Mortgage: : Here are the rates from Today through Monday at 10:00. Have a great weekend! PROGRAM RATE 30 year fixed 6.0 15 year fixed 5.5 7/1 Arm 5.75 5/1 Arm 5.75 3/1 Arm 5.625 FHA/VA Fixed 6.0 FHA 3/1 Arm 5.125[Read More]
It's astonishing to me the number of homes listed on the MLS that are without photos. Perhaps even worse are homes that are listed with poor photos. We know from the National Association of REALTORs statistics that homes with a LOT of pictures are ...[Read More]
It's no surprise that Los Angeles got an 'F' for the quality of their air from the American Lung Association. It seems just recently we've been hearing about our air in the Twin Cities being rated. Last summer we had a number of "high ...[Read More]
If you haven't explored the Grand Rounds in Minneapolis , put it on your list of "must-do's" this summer. The Grand Rounds are 50 miles of paved bike and walking paths that essentialy make a circle around the city. There are seven by-way ...[Read More]
Here was the headline of the newspaper article: Last update: April 23, 2007 – 10:04 PM Minneapolis owners losing homes at record pace Foreclosure sales in Minneapolis from January to March more than doubled compared to this time a year ago. I did ...[Read More]
As a real estate agent who lives and works in Minneapolis, I like to play sociologist--look at what is happening around me and think about how it will impact our local real estate market. This morning I found a potential doozy. The Minneapolis Star Tribune ...[Read More]
Find someone who has been successful, and do what they do. What does Target have to do with selling your house? Everything. Target has heavenly marketing mojo that we in the real estate business need to rob and duplicate! If you're selling your home, ...[Read More]
Wonder how our current market compares to last year? Avg LP = Average List Price Avg SP= Average Sale Price Avg DOM = Average Days on Market Avg LP of Properties that did not sell =Properties that Expired % of Listings Sold=Percent of all listings that ...[Read More]
Weekend Interest Rates Rates Effective 10:00 am Friday through 10am Monday 4/09/07 PROGRAM RATE 30 year fixed 6.0 15 year fixed 5.75 7/1 Arm 5.875 5/1 Arm 5.875 3/1 Arm 5.75 FHA/VA Fixed 6.125 FHA 3/1 Arm 5.25 Provided by Monica Tucker at Edina Realty ...[Read More]
First it was Then it was And NOW it's The new Maytag Man is a REALTOR® from Virginia. What do you think? Can a REALTOR® portray the same honest face as Gordon Jump?[Read More]
If you're having trouble paying your mortgage payments, you have some options. There are organizations out there than can help, but be sure they are reputable organizations, and not some fly-by-night scam artist who will take the little money you have ...[Read More]
Based on this picture, there are currently about 20,000 more houses on the market now than there were last year at this time. If we create the same trend we have the last two years with inventory peaking around August, we could have as many as 75,000 houses ...[Read More]
Cosmetic appeal often wins out over function. When a buyer buys a home with 20 year old cabinets, a kitchen remodel is usually the first thing the new homeowner will want to do, even though those kitchen cabinets may be perfectly functional. If you're ...[Read More]
The city of Golden Valley wrote a letter to the Minneapolis Association of Realtors proclaiming another inspection that Golden Valley residents must complete before they can offer their home for sale. Golden Valley will complete an inspection of homeowner's ...[Read More]
You may or may not know this, but any agent that works with Edina Realty really works for Warren Buffet. Here's how the food chain looks: Warren Buffet is the CEO of Berkshire Hathaway, which is the parent company of Home Services of America, which ...[Read More]
Get yourself to an Edina Realty open house this weekend. I don't usually promote my broker so shamelessly, but they are holding a drawing for a $500 Visa Gift Card just to get you in the door. Shameless? Perhaps. Worth getting in your car and going ...[Read More]
Two months into the year, and the start of Minnesota's spring real estate market, I thought it would be fun to see where Nokomis and Longfellow stand with inventory of houses on the market. Is it a seller's market or a buyer's market? Overall, ...[Read More]
Statistics for homes that have sold in the last 60 days in Minneapolis, Minnesota MLS # Area # Sold Avg Price Sale Price DOM 300 Calhoun/Isles 41 $374,096 $373,219 97.8 301 Camden 32 $137,667 $135,918 90.8 302 Central 35 $310,703 $302,746 110 303 Longfellow ...[Read More]
Here's a quick blurb from the Minneapolis Area Association of Realtors "Seller activity in the Twin Cities housing market continues to decline relative to the record levels posted one year ago. For the week ending February 17, new listings were ...[Read More]
I just can't help myself. I found yet another article this week about toilets. Not that I've gone looking for them, they just seem to find me. If you're working on remodeling your bathroom, might I suggest looking into a High efficiency, or ...[Read More]
Planning on selling your home? Would you like to get as much as you can for it? I'm going to tell you two universal laws for pricing homes: The best way to get the best price for your home is to price it correctly from the first day you go on the market. ...[Read More]
Actually it's not the WHO that decided, it's the what. The Absorption Rate tells us whether the market is slanted toward buyers or sellers. (Absorption, in this case, doesn't really have anything to do with a sponge.) Definition Absorption ...[Read More]
Your information is everywhere. When you buy a home and apply for a mortgage, the application process requires checking your credit. Having credit checked is an important and necessary step in securing a loan. We don't think anything of it, because ...[Read More]
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