Category Archives: Info for Sellers

8 Predictions for 2010 Twin Cities Housing Market – August Update

Below you will find my predictions from a January 7, 2010 blog post and my comments on each of those predictions as of August 24, 2010:Foreclosures will continue to come on the market and many will be scooped up quickly with multiple offers. Correct!  This has been the case so ...

Continue Reading

Foreclosures: Doing the Right Thing

Today there is an article in the Star Tribune discussing options for homeowners that are underwater.  Today this is a commonly discussed topic and one that shouldn't be ignored.  The first couple in the article talk about their decision to walk away from their home.  The article discusses their reasoning for walking away ...

Continue Reading

Twin Cities Sudden Buyer’s Market

In just a few short months we've seen the number of houses available for sale per buyer (8.64) climb to levels we have not seen since late 2008 and up a whopping 63% from August last year!

Continue Reading

The Post Tax Credit Property Purchasing Plummet

Have we found the "New Normal" in Twin Cities real estate activity?  I have to image we have.  For more than 3 months we've seen showing activity down 35% - 40% from the year prior:Twin Cities Pending ...

Continue Reading

USDA Rural Development Program Receives Cash Infusion

According to the National Association of REALTORS, the USDA will once again have funding for their guaranteed loan program:------------------------------------------------------------- Thousands of Rural Home Buyers Aided by Passage of Housing Funding Measure Washington, July 28, 2010The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the ...

Continue Reading

Get Adobe Flash playerPlugin by wpburn.com wordpress themes