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.
Housing Affordability Index Hits Record High
Housing Affordability Index Hits Record High. So if you have been on the fence about buying it might be time to get off the fence and take advantage of the current market conditions. This short article is useful. Using online tools or calling a lender for some number crunching may be in order 🙂 2012... Continue Reading →
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 →
Edina Realty pulls its listings from national websites | StarTribune.com
Edina Realty pulls its listings from national websites | StarTribune.com. Edina's decision has been in the works for some time. I tip my hat to Edina for having a good website and understand some of their rationale. However, given that Edina's website is similar to Realtor.com and Trulia.com in that they too take a data feed to... Continue Reading →
It’s time to buy residential real estate
Okay, understandably there is some skepticism. Is now the time? Who is out there that is able and willing to buy. Once again we are looking to first time buyers to bring us out of this slow market. Yes, we may see another dip or two as the gates open and foreclosures hit the market... Continue Reading →
St Louis Park – Freight trains may not be rerouted on MN&S line
Freight rail rerouting rolls toward a decision | StarTribune.com. With the potential government shut-down this hot topic might also stall out since it is deemed non-essential. Like most in the area the idea of a government shut-down is a shock and disappointment. I'll leave it at that. In terms of the train talk - it... Continue Reading →
Signs of market improvement – especially in Minneapolis
REALTOR® Magazine-Daily News-Pending Home Sales Turn Around in May. I have been seeing this first hand working with buyers and sellers. Activity is picking up. Nice to have good news to share.
First time buyer – strategies
When buying your first property there are some things you can do to set yourself up for success. - there are free first time buyer seminars you can attend - you can meet with a lender at no or low cost to you - subscribe to a lot of websites and articles to learn terminology... Continue Reading →
Smart Moves
I started reading a book this weekend that my godmother co-authored years ago. She had moved several times with a family of 5 and eventually picked up some useful strategies. The section I read had to do with coping with the move. Here are some key take aways. 1) Kids any age including babies may... Continue Reading →
Out of town buyers – iphone mini movie help
In the past month I've worked with a couple of out of town buyers. Given their limited time here I've been the eyes and ears for them with the additional support of my iphone and mobile me. It is very expensive and time consuming to find an out of state or different city place. One... Continue Reading →
Ingrid Friel, Realtor 