Average housing prices in the Minneapolis-St. Paul metropolitan area dropped an average of 13.8% in 2008…but the market is local and there can be big differences from community to community even within...Read More
What I think may be most telling of what is happening in the current market is the chart below released by the Minneapolis Area Association of Realtors in their recent quarterly...Read More
While there is no crystal ball, chances are good that 2009 will be better than 2008. Mortgage applications reached a five-year high in December, reflecting mortgage rates at a five-year...Read More
Something I hear a lot these days from potential 'move up' buyers is that they see attractive prices in 'move up' homes but they have to sell first…does it make...Read More
Water can be the biggest enemy to a property…in warm temperatures leaking water can cause mega damage, including dangerous mold growth…in cold temperatures frozen water can cause broken pipes and fixtures. Properties...Read More
With Thanksgiving just around the corner we are about to enter the time of the year that yields the best housing prices regardless of the market. With current market conditions...Read More
In looking back over the week, it seems that the mood has been to 'get out and buy'… …Last week was the 16th consecutive week of more sales than last...Read More
According to data recently released by the Minneapolis Area Association of Realtors, the number of foreclosure and short sale properties on the market made another signficant increase last quarter, resulting...Read More
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