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Print a 3D Model of Your House Plan

3D Model of House Plan

For home buyers that are looking to build a new home, one of the most common questions asked is "what will it look like?" While drawings and blueprints are helpful, it is still hard to get the feel for spaces and layouts. The Plan Collection is now offering house plans that include the digital files needed to create a model of the home using MakerBot or other 3D printers. For home buyers purchasing fully custom homes and for smaller builders that do not maintain model homes for each of their floor plans, 3D … [Read more...]

Perception Versus Reality

I recently had a long term blog reader contact me to see some homes.  While they had been reading my articles regularly, when we actually got out into the market and started looking at homes in their price point, they were shocked at just how much the market had changed. In many price points in many parts of the Twin Cities, homes are flying off the market with demand at levels we haven't seen since the housing boom ended in 2005/2006.  Many buyers are being caught off guard in what has been a far sharper … [Read more...]

Bad Data on Trulia & Zillow is the Agent’s & Broker’s Fault

trulia-zillow

I was reading a post today from the recently departed Trulia employee, and industry veteran, Todd Carpenter, called Data Accuracy is a Community Effort.  I went into this article, and through a couple additional readings, thinking that Trulia and Zillow were to blame for all the inaccurate data displayed on their sites.  I've come away with a different understanding now. The pre-foreclosure property information Zillow offers I think is still a big mistake and a source of consumer misinformation. For that, I … [Read more...]

Twin Cities’ Record Low Housing Inventory Poised To Drop Further

Chart courtesy MAAR, data from RMLS of MN.

The Twin Cities real estate market continues to improve at a stronger pace than most industry insiders expected, including myself.  Buyers have been coming out of the woodwork to take advantage of all time record low interest rates - one of my clients just locked in a 2.875% 30yr FIXED FHA loan! Historically in the Twin Cities, Sellers like to hibernate until after the first of the year and so the available inventory of homes for sale in the Twin Cities drops dramatically from its summer highs to its winter … [Read more...]

Twin Cities Foreclosure Forecast: Fewer Foreclosures in 2013

Twin Cities Foreclosure Activity

I'm a huge data nerd.  I stare at charts and data almost daily to get a better sense of what's going on in the housing market.  One of the more interesting datasets I look at is foreclosure activity.  Between the preforeclosure notices published by the Minnesota Home Ownership Center, the sheriff sale data published by HousingLink and the MLS foreclosure sales from MAAR, we can build a very good picture of foreclosure activity over the last few years: But this data can do more than just show current … [Read more...]

Disclaimer

TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.