Todays article in the Star Tribune describes the benefits of living in St. Louis Park and Golden Valley; both communities have experienced larger median home sale increases over the past decade compared to other surburan communities west of Minneapolis. I’ve alwasy been a big proponent of both St. Louis park and Golden Valley as I…read more
Today’s article in Finance and Commerce reinterates a common thread among today’s rental market in the Twin Cities – decreasing rents and increasing occupancies compared to 2009. The recession has affected all real estate products, including the historically well-performing Twin Cities rental industry that is typically posting vacancies under 5% (equilbrium) and has posted increasing…read more
As many of us in the industry expected, the housing market has been exceptionally cool since the tax credit expired. Buyer activity has fallen drastically in May, due mostly to a rush to buy before the April 30th deadline. However, I firmly believe another tax credit would prolong the recovery, so although the market is…read more
It’s no secret, today’s builders are making homes more effiecient and scaling back square footages in response to buyer preference and the current housing market. Traditionally builders always built bigger, but today’s buyers are more concerned about cost and smart design. Today’s floor plans maximize square footage and eliminate “wasted space,” together these two factors…read more
Great article on tax issues when dealing with investment real estate. When pursuing investment deals, always do your due diligence and seek professonal guideance. Tax consequences of flipping real estate By Kay Bell • Bankrate.com During the heyday of continually rising real estate values, “flipping” — buying a property and then reselling it at a…read more
Buy a house because you’d enjoy living in it, not because you expect blowout returns. Then you’ll never be disappointed by its quarterly statements.
Yesterday’s Mpls Star Tribune has a nice overview on home staging.. see article below: Our seller’s to-do list can help get your home ready for market and set the stage for it to be best in show. By LYNN UNDERWOOD, Star Tribune Replace chipped kitchen tile. Check. Paint the basement floor. Check. Pack up the…read more
I’ve attache a great article on short sales. I’ve worked on a number of short sale transactions… and there is nothing “short” about them! The article has some great insight on the process and the hurdles all the parties face. The short-sale wrinkle | Inman News Posted using ShareThis
See article below for some quick tips on home staging… 6 Tips to Successfully Stage Your Client’s Home By Paige Tepping RISMEDIA, April 7, 2010–Staging a home for a quick sale will benefit sellers no matter what type of market we are in. For instance, in a buyer’s market, sellers need to take advantage of…read more
Undoubtably, real estate near the news ballpark will increase as the North Loop and warehouse district continue to be hotbeds for real estate. For the housing market, there are a number of condominium projects within a short walk of Target Field. As the housing market continues to correct itself, this area could be one of…read more
