When buying or selling real estate, the agent you choose makes a difference! With my commitment and knowledge, plus the power of Edina Realty, to support me, I can provide you with an experience that is beyond compare.
My Minneapolis Real Estate web site is updated regularly. Please visit it for more information or feel free to call me anytime: 612-251-5599
The Star Tribune had an article today discussing how the Metropolitan Council is pushing all cities to encourage water conservation. The paper profiles Minnetonka and their efforts to curb usage by dramatically increasing water rates for excessive usage. While an “overconsumption tax” will certainly help curb usage, there are many other ways to promote conservation:
Get [...]
Jim Cramer on Tuesday’s show stated that we’re at a housing market bottom nationally (article). Below is the video of this segment.
While time will tell if Jim Cramer is right, on a local level I’m not ready to call a housing market bottom. I do believe however that foreclosures have price-bottomed in our market. Unfortunately I [...]
The Minnesota Association of REALTORS (MNAR) has put together a video overviewing the ethics complaint process. Take a peek. If you’d like to file a complaint against an agent, please click here for the form and more information.
Related Posts:Jim Cramer: Housing Market Has BottomedHere comes statistics in a videoMinneapolis Area Association of REALTORS Monthly Video [...]
In the last two weeks we’ve seen interest rates on 30 year fixed mortgages move from 4.5% to 5.5% (or higher) that’s a big OUCH. This full interest rate point swing has meant that almost overnight, buyers lost well over 10% of their buying power. Another way to look at it is housing just got 10% [...]
Over 40% of the sales in the Twin Cities currently occurring are foreclosures or short sales, what we at MAAR call “lender mediated sales.”
The RMLS of Minnesota recently revised their fields regarding foreclosures and short sales (after a year of much confusion over the old fields) and we now have separate fields for in foreclosure, [...]
Received this info today. Application is here.
HGTV’s hit TV series, House Hunters, is coming to the Twin Cities and surrounding areas this summer and we’re looking for homebuyers and real estate agents who want to appear on the show! House Hunters follows buyers and their agents on the hunt as they find just the right [...]
Betsysoderlund wants the emotional roller coaster that is the Minneapolis real estate market to be less like the cork screw and more like the flume. – @betsysoderlund
This Twitter post last night sums up what many people in the real estate market are feeling right now. Things seem to be going up, down, left, right and [...]
FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on so-called home buyer tax credit loans that was released today.
Under the guidance, FHA-approved lenders can develop bridge [...]
I try to behave myself, I try to keep my emotions tempered so that my opinions can be read and understood without coming off so harsh that people click away before they finish reading. Well today I just don’t care. This is a list (though not comprehensive) of the reasons that I’m sick and tired [...]
Ok so I’ve already discussed the surge of multiple offers this year… in fact I just talked about it two weeks ago. In just the last two weeks I’ve seen even more examples of multiple offers and they are now becoming the rule on properties priced well. In just the last 2 days I’ve had [...]
This comes from my good friend Nicci Brown… a loan officer with Edina Realty Mortgage
The purpose of a repair is to correct deficiencies which may affect the health of the occupants and the continued marketability of the property. Knowing the most common issues upfront can prevent costly and stressful delays later.
If the home was built [...]
Most of my buyers are NOT housing experts… they are “regular people” and are experts in whatever field they work in but not in real estate. That’s just fine because that’s why people like me have jobs doing what we do! One of the most frequent topics that comes up is the differences between traditional [...]
For weeks now I’ve been getting the feeling that we’ve turned the corner on prices in foreclosures. Today I’m ready to go out on a limb and take the position that prices on bank owned inventory has bottomed and in fact is likely to bounce up some over the next few months. These are the [...]
This past week I’ve been in many different foreclosures with my clients. Some bank owned homes are in turn-key (aka mint) condition and are wonderful. Others are…. how do I say this…. crap. Many are simple run down and need repairs, cleaning and updating. Many more though are safety hazards in their current form. I’ve [...]
10 months after the Minneapolis/St. Paul area MLS (RMLS of MN) made available the somewhat-useful-but-really-bastardized-lender-mediated-mls-field and 14 months after I started openly pushing for specific fields, they have now come to see the light and are redoing the fields as three separate and distinct fields that address each of the major questions/problems of lender mediated listings:
Three [...]
