Good article about cutting costs on new construction. As builders have come out of the recesson, labor costs other effieciences have been implemented to bring home costs down. In particular, depressed land costs have been a substantial cost savings to new home buyers as the savings has brought the total package price down. In many…read more
Another good article about the future of home sizes in America. Home buyers continue to reflect on how much space they really need as home sizes are shrinking again after decades of square footages increases. Ironcially the family size in America has decreased while home sizes have increased substantially. It will be interested to see…read more
Just when you think mortgage rates have gone as low as possible..they have declined to another record low! Mortgage rates hit decades-low of 4.19 percent Source: Associated Press/AP Online Publication date: 2010-10-14 By ALAN ZIBEL WASHINGTON – Rates on 30-year mortgages fell to 4.19 percent, the lowest level in decades. They were pushed down by…read more
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
Just a reminder the tax-credit deadline for submitting all offers is April 30th with closing on or before June 30th. With the spring market now in full-swing, we recommend viewing properties ASAP as many homes have been gobbled-up by buyers rushing to beat the deadline. For more information regarding the tax credit click here: http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit
If you purchased a home and qualify for the first-tme homeowners tax credit, please see the link to the IRS website with information regarding your tax return. http://www.irs.gov/newsroom/article/0,,id=218336,00.html
http://www.mplsrealtor.com/downloads/public/2009_NAR-FAQ-Tax-Credit.pdf
