This recent story below points out how important FHA financing is in today's market and that the efforts of associations can improve or damage the saleability of their homes depending on how they are run. FHA blanket association approval is only needed for condominium projects - townhome developments can be financed with FHA without the ...
Housing News, Opinion, Statistics and Homes for Sale
Category Archives: Info for Sellers
1300 Sellers in Twin Cities Waiting for Lender Short Sale Approvals
Based on my personal analysis of our local MLS database, approximately 1300 Twin Cities sellers and at least as many buyers may be waiting for their offer on a short sale property to be reviewed and accepted/rejected/countered by the seller's lender(s). The number of buyers waiting for answers may be substantially higher than the number ...
Edina Realty Twin Cities June 2010 Market Update
TWIN CITIES AREAJune’s activity continued to lag as buyers appear to be taking a break after the tax credit hubbub. Those with closing delays will benefit from an extension of the tax credit closing deadline, allowing eligible taxpayers who contracted to buy a home before April 30 until ...
Twin Cities: 1 in 6 Homes Purchased With Cash in 1st Half of 2010
Based on data from NorthstarMLS, I was able to put together the following chart that shows how home buyers in the first 1/2 of 2010 were financing their purchases. Fully 1 in every 6 buyers paid in cold hard cash, a huge increase from the 1 in 20 to 1 in 25 ratio more typical ...
Twin Cities Home Buyer Financing Over The Years
I took some time today to go over some NorthstarMLS data (the Twin Cities area MLS data service) to see how home buyer financing has changed over the last few years and put together a few pie charts that I thought you might enjoy. Click on each image for a bigger view:
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
