Housing Market – Twin Cities Metro June 2011

General Market New listings last week were down 9.1 percent to 1,572 new properties for the same week in 2010. Increased sales activity in conjunction with stable or falling listing activity should be met with continued market correction, including faster absorption rates, quicker market times and fewer seller concessions. Good news is that pending sales […]

Market Update – Minneapolis and West Metro

General Market Pending sales for May 2011 in the 13-county Twin Cities metropolitan area were up 13.2 percent over last year’s post-tax credit market. Sellers introduced 7,021 new properties to the market, a 10.8 percent increase from the year prior. Inventory shrunk 11.8 percent to 25,636 units—the lowest May inventory count since 2005. The overall […]

Wall Street Journal and Forbes say: Now is the time to buy!

We received some tough news on housing last week. Prices are still softening. There was a lot of negativity surrounding these reports. The news caused more consumers to be concerned. However, the real question is what this means to you and your family. This could actually be great news if you are buying (either as […]

West Metro Market Update (Twin Cities)

Overall, we’ve seen four consecutive weeks of gains in seller activity and three consecutive weeks of gains in buyer activity. Buyer activity in the Twin Cities metro area increased a colossal 59.2 percent over last year, the strongest year-over-year gain since the week ending October 3, 2009. That’s a win any way you look at […]

Top 10 Evil Animals

TIME Magazine came out with a very interesting article about the Top 10 Evil Animals. Crazy article! What do you think? We would love to know if anyone has discovered good ways of preventing/treating these issues, since some of them actually affect life in Minnesota… from Asian carp to bedbugs… what’s your solution?

How To Make An Offer that Will Be Accepted

You have finally found the house of your dreams. It is priced right and is receiving a lot of attention from other buyers. You don’t want to miss this opportunity so you are ready to put in an offer with the real estate agent immediately. What can you do to guarantee your offer is the […]

Housing Update – Twin Cities 5.31.11

Hey everyone! In our commitment to keep you updated on the housing market in Minneapolis and the West Metro, here is this week’s update: General Market New listings have come back in line with historical norms for this time of year. Sellers brought 1,704 new homes online, or 7.7 percent more than the same time […]

May’s Twin Cities’ Housing Market Update

“Statewide, the new listing inventory fell 25% from a year earlier which will allow some of the excess inventory to be absorbed,” Russ Portele, President of the Minnesota Association of REALTORS®said. Interest rates have been very stable and historically at very low levels. This increases a consumer’s ability to afford a home in their community […]

Bank Owned Bargains!

Just did a quick scan of the market in Crystal, New Hope, Minnetonka, Maple Grove, Plymouth, Edina and Golden Valley for bank owned homes that have come on the market in the last week and here are your winners! Call us to setup a time to get into any of these hot little homes. 612.812.9262 […]

Minneapolis tornadoes!

Dear Minneapolis, Fridley, Columbia Heights and all other residents affected by yesterday’s tornadoes: We are deeply moved by the losses of our friends and community members due to the storms that happened yesterday. Our home was on the edge of the storm and were hit by a flash flood and hail, but thankfully, no further […]