Feb 17, 2011
Tags:
Minneapolis Real Estate
According to the City of Minneapolis, rental license revocations have increased by over 500% since 2005.
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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!
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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.
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Jun 11, 2010
Tags:
Minnesota Real Estate,
Minneapolis Real Estate,
St. Paul Real Estate
The Minneapolis Area Association of Realtors started tracking pending home sales data back in 1997 and May 2010 gave us the lowest pending sales number on record. The Twin Cities real estate market had 3,910 signed agreements last month as compared to 5,183 in May 2009. The five year average for May pending sales is 4,808.
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Jan 12, 2010
Tags:
Minnesota Real Estate,
Minneapolis Real Estate,
mn mls,
sold
Not a FORECLOSURE or a SHORT SALE, just a great deal.
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