Minneapolis – St. Paul Real Estate Information
Here is the latest statistics from Minneapolis Association of REALTORS.
The short of it is that we have increased pending sales by 7.4% over last February, but keep in mind that over 60% of these sales were “lender mediated” sales, or foreclosures and short sales.
Also the number of new listings has decreased by 19% compared to [...]
Posted on March 31st, 2009 by Steve Hong
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There is a term in real estate that describes what type of relationship a buyer or seller could have with an agent. This term is agency. Each state has different agency relationships, and Minnesota state law requires us to disclose the types of agency relationships that usually occur in our state. This agency relationship form should [...]
Posted on March 24th, 2009 by Steve Hong
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You’re excited because you’ve agreed to buy the house of your dream, and you are about to sign the closing papers. Before you sign, there is one last thing you should do: The final walk-thru. This should be done a day or two prior to closing so that any problems can be spotted before you [...]
Posted on March 24th, 2009 by Steve Hong
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This is Minna here, and I have some exciting news. There is an old adage that says, and I paraphrase, that nothing in life is free. While this is mostly true, I have found an exception. Remember when I blogged about the $7,500 tax credit, which was more like. a zero-interest loan? Well, the government [...]
Posted on March 12th, 2009 by Steve Hong
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Here’s a house for sale that’s ready for you. Located in the heart of Richfield, this 4 bedroom / 2 bathroom rambler, updated and ready to move in. Desirable and picturesque Wood Lake Neighborhood. One block to Wood Lake Nature Center with walking and cross country ski trails, wildlife and educational nature programs. Private Well [...]
Posted on March 11th, 2009 by Steve Hong
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Minneapolis, MN