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Real Estate Blog

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Home Prices Rise for Third Consecutive Month

Tuesday, July 3rd, 2012 at 12:41pm. 385 Views, 0 Comments.

U.S. home prices year-over-year rose 2% in May while also increasing 1.8% from April, CoreLogic reported in its May home price index.

The Santa Ana, Calif.-based research firm said when excluding distressed home sales, prices actually shot up 2.7% over year-ago levels and rose 2.3% from April. Figures from May show home prices nationwide increasing for the third consecutive month in a row.

"The recent upward trend in U.S. home prices is an encouraging signal that we may be seeing a bottoming of the housing down cycle," said Anand Nallathambi, president and chief executive officer of CoreLogic. "Tighter inventory is contributing to broad, but modest, price gains nationwide and more significant gains in the harder-hit markets, like Phoenix."

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3BR/4BA Water Frontage $475K

Saturday, May 19th, 2012 at 7:26pm. 414 Views, 0 Comments.

NEW LISTING in SW Metro!

Are you looking for that perfect blend of nature and city?  This is one of the area's best kept secrets in townhome living.  Normandale Lake Trail System, Dinner at Kincaids.  Woods, Ponds, and Wildlife... and High Tech City Amenities all within walking distance!

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BPO? CMA? Appraisal? What's the Difference?

Saturday, May 19th, 2012 at 6:37pm. 424 Views, 0 Comments.

BPO, CMA, Appraisal -- what is the difference?  These are all various methods of valuing real estate, (properties, homes, houses, commercial property, investment property, and vacant land).

Appraisal = formal valuation by a licensed appraiser.  An appraisal is a subjective opinion of a real property's value.  Most appraisers are highly skillled, with many years of experience.  Besides single-family homes, some appraisers specialize in niche areas, such as rural acreage, estate homes, commercial/industrial property, apartment rentals.  In order to appraise property for an FHA loan, the appraiser must be experienced in the FHA loan procedures and requirements.  Appraisals are required as part of the underwriting process for mortgage lenders when they…

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Housing Supply Decreases... Good for Market

Monday, April 23rd, 2012 at 12:55pm. 391 Views, 0 Comments.

In the latest release of the National Association of Realtors' Existing Home Sales report, there were some very interesting facts.  The NAR said the pace of sales in the first three months of the year marked the strongest first quarter since 2007.

But the best news is the inventory data.  The nation's glut of unsold homes is easing, as inventories fell to 2.37 million. Realtors in some markets have even reported shortages of housing stock. A decrease in the amount of homes on the market is always good for housing as it stabilizes and even drives prices upward.  Nationwide, the median price for a home resale rose to $163,800 in March, up 2.5 percent from a year earlier.

An improving labor market has realtors upbeat about sales prospects for the…

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Minneapolis 3BR 2BA 2GAR $265K

Tuesday, March 6th, 2012 at 2:36pm. 485 Views, 0 Comments.

Just Listed... gorgeous remodel in South Minneapolis.  Check out the Virtual Tour http://goo.gl/3x78d or full listing details at http://goo.gl/jlKmq

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Protecting Your Privacy

Saturday, March 3rd, 2012 at 3:25pm. 452 Views, 0 Comments.

Protect Your Passwords, Accounts, Searches and Emails

        Search engines make life easier. We've become so accustom to simply typing in a few words and hitting "search" that we don't even realize how much data is being generated with every click…or what that data says about us. Last week, however, this topic was forced front and center.   

What Happened Last Week?

Google's new privacy policy went into effect last week. Based on the new policy, all data collected about you - including search queries, sites visited, age, gender and location - will be gathered and assigned to your online identity represented by your Gmail, Google Plus, and YouTube accounts.   

Prior to that, information about your Google searches and sites…

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Feb 4th Uptown Luminary

Thursday, January 19th, 2012 at 3:59pm. 434 Views, 0 Comments.

Enjoy the magic of 1000's of luminaries winding a path through the Uptown Lakes on Feb 4th.  Registered skiers, snowshoers and walkers can start and end the journey on The Mall adjacent to the Walker Library.  Lighted ice pyramid, bonfires, coffee, cocoa and cookie stations along the way are just part of the evening.  Check out www.cityoflakesloppet.com for more details!

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Green Apps for Your Home

Wednesday, January 18th, 2012 at 6:03pm. 361 Views, 0 Comments.

GoodGuideapsblog
 
Many products claim to be green, but that doesn’t necessarily mean they’re eco-friendly. GoodGuide uses your phone’s camera to scan bar codes, then gives you the real green info on that product from the app’s database, which contains more than 90,000 products. Whether you’re shopping for appliances, cleaning products, food, and other items for your home, GoodGuide gives you a rating on that product’s impact on your health, environment, and community.  Read more:

Green Outlet
 
Help lower your monthly bills by identifying how much energy your appliances use. Set your profile by identifying the square footage of your house, the typical temperature inside your home, how many people live there, and the cost per kilowatt hour in your…

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River Bluff Dr, Eagan under $85K

Wednesday, January 18th, 2012 at 5:53pm. 328 Views, 0 Comments.

3BR, 2 BA Move -in ready! Incredible opportunity to get into a great floorplan featuring 3 BR, 2 Bath, attached garage and nice development with outstanding shared amenities! Sellers willing to consider Contract for Deed, see this one in person before its gone!  CHECK IT OUT

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New Condo Listing in Minneapolis $124K

Friday, January 13th, 2012 at 6:09pm. 285 Views, 0 Comments.

1_200Beautiful Historic Condo next to Nicollet Field/MLK Park.  Newly converted interior.

Upon entering this home, you'll immediatly notice the barrel ceiling in the foyer and the door archways.  At that point you'll realize there isn't a single thing you'll need to upgrade.  Its all been completed for you!

The living room features hardwood floors, windows on two sides, build in media area and plenty of space.  Walking through the arched doorway into the dining area, there is another oversized window and continuation of the hardwood floors.  From there, you'll see the totally remodeled kitchen, with slate tiled floors, new glass subway tiled backsplach, granite counter tops, an undermount stainless steel sink, and all stainless steel appliances,…

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