Thanks for coming back to my blog. Make sure to sign up to get emails when I post!We continue our weekly march to market stability across the Twin Cities.  Here are the key numbers for the past week compared to one year ago at this time: Down: by 18% the number of new listings coming on [...]

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A Realtor can offer you many suggestions to prepare your home so it looks its best when being shown to a buyer. Check to make sure you’ve done everything you can, inside and out, to make your home as attractive as possible in the eyes of the buyer. First impressions last. Homes that look their [...]

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Your mission should you choose to accept it, is to once again read my report about a DUD market.  Down: The number of new listings for this past week was 1,614.  This is a 10% decrease from last year’s number of 1,793.  More importantly, it’s a decrease of 155 from just last week. Up: Number of [...]

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This weekend on the MN Real Estate Show we talked about Renting out a Property versus Selling the Property as a Rent to Own.  I just want to recap the discussion of this topic and a couple of pros and cons of each option. Renting out a property – In the current Twin Cities real [...]

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Spell DuD with a little “u” this week.  Each week I look at 3 key numbers, compare them to where the market was a year ago and that gives us an idea of where things sit.  For months now we have been in the perfect DUD phenomenon when comparing this week’s numbers to the same [...]

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Even with the uncertanty in the economy and the recent down turns in the housing market in MN, like we talk about on the radio show time and time again, there is never a better time to buy a house in MN but NOW! Outside of the great prices and low interest rates there are [...]

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We continued our streak of selling more homes this past week when compared to the same week one year ago in the Twin Cities.  Pending sales came in at 749 compared to 473 in 2007.  This is an increase of over 58%.  We have had over 13 consecutive weeks of current sales topping last year’s [...]

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This question has come up several times from callers on our radio show on KTLK 100.3 FM (Saturdays from 3-5) so I thought I should lay it out for you.  The credit was created as part of the massive Housing Rescue Bill passed at the end of July (not to be confused with the $700 [...]

Posted in Mortgage Information, My Thoughts No Comments »

Normally I am a big believer in letting the markets fix themselves.  But, I just read a post over at www.TwinCitiesDiscountHomes.com by Alec Grebis that got me thinking. Read the article here He walks through a case study that shows just how badly some people could get hurt in this credit crunch.  Because of the reaction [...]

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