Entries from November 2008

District 196 Snow Day Policy!

Date November 25, 2008

Thanks for coming back to my blog. Make sure to sign up to get emails when I post!In the last 10 years district 196 has only had five snow days; each time snow totals were over 10 inches in a relatively short amount of time and accompanied by either a high moisture content and/or high winds. Several [...]

Twin Cities Real Estate Market Update for week of November 24th

Date November 24, 2008

And now for the moment you spent all weekend waiting for…my take on Twin Cities Real Estate Market.  This is where we look at the key real estate statistics for the past week and compare them to the same week one year ago.  If you are a seller and want to see home values stabilize the [...]

In Farmington, school year split into thirds may be the charm

Date November 19, 2008

A proposed switch to a trimester schedule next year may give students more choices, use teachers more effectively and raise test scores, advocates say. By SARAH LEMAGIE, Star Tribune A typical day at Farmington High School will be pretty different for students next fall, and not just because they’ll be getting off the bus in [...]

Lakeville, MN – Best Place to Live!

Date November 18, 2008

Top 100 rank: 26 Population: 53,000 Compare Lakeville to Top 10 Best Places Lakeville is a southern suburb of the Twin Cities that has more than 100 years of history. The town treasures an historic downtown that gives it a unique feel compared to other burbs.True to its name, Lakeville boasts three sizeable lakes, two [...]

Twin Cities Real Estate Market Update for the Week of November 17th

Date November 17, 2008

Last week saw the introduction of the “Jesse Ventura Triple D Market.”  The core numbers we track were all Down, Down, Down.  This week?  Just like Jesse didn’t come back as Governor, the DDD market did not return either.  We are back to my favorite DUD Phenomenon in the latest statistics.  As a reminder, we [...]

Loan Modifications

Date November 11, 2008

On the MN Real Estate Show last weekend we talked about Loan Modifications.  Read Rob Bonahoom’s, Investment Mortgage Guy’s blog on this topic.  It could be a great option for you. A loan modification is a change in your loan terms. A change in mortgage terms could be interest only to fixed rate or it [...]

Twin Cities Real Estate Market Update for week of November 10th

Date November 11, 2008

Week after week you’ve read my latest way of describing what a DUD market is and why it is a good thing.  So, you’re wondering, just how am I going to explain this week?  I’m not.  Because this past week didn’t have DUD numbers.  Instead was more of a Jesse Ventura plus one market.  You’re [...]

New MN Real Estate Show Vendor Blog!

Date November 8, 2008

The MN Real Estate Show now has a vendor blog.  Some of our participating show vendors post information with industry updates.  See the recent post from Greg Nelson of Olson-Thielen CPAs. Check out the blog at mnrealestateshow.com/Blog Tune into the MN Real Estate Show every Saturday from 3pm – 5pm on KTLK 100.3 If you [...]

Will a Bank Pay Closing Costs on a Short Sale?

Date November 8, 2008

Do you want to purchase a property that is a Short Sale in MN (the property is being sold for less than what is owed to the bank)? Many people think that the bank, because they are losing money on the sale of the property, will not pay any of the buyer closing costs. This is [...]

Great Example Why Bigger Government is Not the Answer

Date November 7, 2008

I just read a post by Alec Grebis’ on his blog www.TheMortgageScoop.com that still has me laughing.  He shared 2 numbers to me that are just amazing. We have spent the past year on the radio show talking about all these different Government bailout programs.  Most recently it’s been bailouts for banks.  But, it seems like people forgot [...]