Tag Archive: housing market

46% Underwater

Hundred Dollar Bills Folded in a Money Clip

It is being reported that roughly 46% of Twin Cities single-family homeowners are underwater, which is an increase from 42% last year. This is being reported from Zillow. But what do they know anyway? Take a look at these two listings from Z. The data, according to the big-Z was updated in Feb of 2011….

2008 Market Review

We’ve all read the negative news about the Twin Cities housing market.   Star Tribune reported that Twin Cities’ home prices have dropped accumulatively 16% over the last year.    Many people think that the reason for the price decrease is that there are more homes on the market than ever, and they are just sitting…

Steven Hong Steven has been working in the real estate business for over 8 years. He began his career by obtaining his license for the sole purpose of purchasing investment properties. Now, 8 years later, he still has no investment properties but has helped many homeowners with their purchases and sales. Prior to real estate, Steven had worked in the IT industry, with many years of programming experience, as well as technical support experience. He loves answering computer questions, just try him! Steven is also an accomplished photographer. He marries his love for photography with real estate and shoots many homes for many other agents. You can visit his real estate photography website here. 952-915-2252