Category Archives: New Construction

How Much Commission is Too Much?

Today I received an email from DR Horton offering 5% commission on select homes closing in the next 40 days:What I'm wondering is at what point do commissions get so lucrative that it can severely influence an agent's actions in representing their buyer?  ...

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Financing For Some Condos Becoming Very, Very, Very Difficult

The housing boom brought us a slew of new community developments including condos, townhomes and retail/condo buildings.  While financing on townhomes is still doable, financing options for condo & mixed-use buildings is becoming very difficult.  The developments with the hardest time getting financing are the ones that have had the highest rates of foreclosure.So many condos built from 2005-2008 in ...

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A Great Perspective on New Home Construction

CNBC has a great article on some new housing numbers that I think sums up what we've been seeing in the Twin Cities lately.  I believe the views by J.P. Morgan and Raymond James are both spot-on!http://www.cnbc.com/id/32569620It is nice to see a little renewed interest in new construction lately... I have seen several developments ...

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Radon Kills More People than Drunk Driving Every Year

Image courtesy EPAMost people have heard the word radon before, but many probably do not understand what it is.  As found in the EPA's A Citizen's Guide to Radon (pdf version here): Radon is a cancer-causing, radioactive gas. You ...

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Great Experience with Centex Homes

Saying thank you for a job well done is a good thing to do, especially in times when things are not as easy as they used to be.Recently I introduced a buyer to the Crescent Ponds development in Blaine, Minnesota.  Murphy McKee, Centex's representative, was great to talk with from Day 1. At first we ...

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