Monthly Archives: March 2009

Monthly Market Update

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%Read More…

What are Agency Relationships?

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 shouldRead More…

11 Must-Inspect Items During the Final Walk-Thru

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 youRead More…

Wonderful Richfield Rambler

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 WellRead More…