Housing Is ‘Awakening From Hibernation,’ Freddie Says | Realtor Magazine. I've had a few experiences this past month that would support this "awakening" analysis. I am especially seeing foreclosures sell quickly and nicely updated homes in desirable locations/neighborhoods.
Foreclosure Crisis: More than half-way through in Twin Cities
I just downloaded and began reading this insightful article on the foreclosure crisis. The headline stopped me in my tracks since it says we as a country have "a long way to go" in the foreclosure crisis. If there is one thing I've learned in both real estate and my background as an analyst is... Continue Reading →
Northeast Minneapolis Single Family Homes
Prior to becoming a Realtor I was a manager. A key part of my job was facilitating meetings. I got pretty good at it over the years. I read books like "Death by Meeting" and took it to heart that time is valuable. I have transferred my management skills to real estate. Specifically, I do... Continue Reading →
Buying bank (lender) owned. Is it always a good value?
For many buyers, a bank* owned listing is a better option than a short sale. This is because you will typically hear if the bank accepts or counters your offer within a few days. A short sale can take months before you know if the bank(s) will take your offer or counter. Bank owned may... Continue Reading →