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2010 Twin Cities Real Estate Stats

Feb 17, 2011 Tags: Minnesota Real Estate

39.9% of all sales were lender mediated transactions, down from 43.1% in 2009 Read More »

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City of Minneapolis Naughty List

Feb 17, 2011 Tags: Minneapolis Real Estate

According to the City of Minneapolis, rental license revocations have increased by over 500% since 2005. Read More »

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September 2010 Twin Cities Market Update

Oct 27, 2010 Tags: Minneapolis Real Estate, St. Paul Real Estate

The housing market sucks! Yep, I said it. I will say it again. The housing market sucks. But does it? I think all sellers would agree with that statement, but if you’re a buyer you should be dancing in the streets! While the tax credit is long gone and winter is coming, interest rates are at an all time low. In fact, the 30 year fixed mortgage rate in the Twin Cities region as of October 1st stood at 4.6% as compared to 5.4% in October 2009. The five year average is 6.0%. This winter may be the last chance, or one can at least hope for the sake of the economy and housing, to take advantage of rock bottom pricing and low rates. In other words, if you are a ready, willing and able buyer then get out shopping! Read More »

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August 2010 Twin Cities Market Update

Sep 13, 2010 Tags: Minnesota Real Estate, Minneapolis Real Estate, St. Paul Real Estate

While August did not give us the same dismal numbers as July’s year over year drop of 42% in closed sales, August still had a drop of 34.2% in sales compared to last year. Read More »

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100% Financing is Back

Aug 6, 2010 Tags: Minnesota Real Estate

This program is designed for first time home buyers and creates an opportunity for first time home buyers to buy now in order to take advantage of today’s home affordability and low interest rates. Read More »

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