The possibility of a light rail coming to Eden Prairie is pretty big news for commuters or individuals that would just prefer public transportation to downtown Minneapolis. The Southwest light rail project is expected to be completed in 2030 if it all moves forward as planned, with the route to Eden Prairie completed much earlier in 2014. Route 3A would start in Eden Prairie and then head through Hopkins, St. Louis Park, ending in Minneapolis. Once light rail riders reach downtown Minneapolis they would then be able to connect with other rail lines. For more information on this project visit Southwest Transitway.
Archive for November, 2009
Eden Prairie Proposed Southwest Transit Light Rail
Saturday, November 21st, 2009Forecast: Foreclosures and Short Sales in 2010
Thursday, November 19th, 2009From all the information I have learned recently we are expected to see a second wave of foreclosures and short sales hitting the market as we enter and move through 2010. Next year is when analysts are saying the foreclosures are going to peak due to unemployment and underemployment. Everyone’s hope is that once we move through these distressed properties we can then move back to a more stable and steady market in the years to come.
For more information on foreclosures and short sales visit my website. I have done both short sale and foreclosure transactions, so if you have a specific question please feel free to call or email me.
Real Estate Frequently Asked Questions
Thursday, November 19th, 2009I recently added to my website a Home Buyer Frequently Asked Questions page and a Home Seller Frequently Asked Questions page. In addition to these questions, please let me know if there are any that you would like me to answer! Send me an email.
Also coming soon, I’m working on posting information about neighborhoods. Since I am a Eden Prairie Realtor, I will be starting with Eden Prairie and then expanding to the surrounding areas, such as Chanhassen, Bloomington, St. Louis Park, Edina, Chaska and much more. There will be information, photos and some will have video.
Tax Credit Updated Details for 2009 - 2010
Saturday, November 7th, 2009To see a quick and simple overview of the home buyer tax credit changes and additions visit my Tax Credit Extension and Expansion page. See if you qualify to take advantage of this program available through April 30th 2010.
Expansion and Extension of the Home Buyer Tax Credit
Friday, November 6th, 2009Both the House and the Senate passed the bill to extend and expand the home buyer tax credit. It will go to the President today for final approval. I have been careful not to post information about this too early, but now I feel pretty confident it will be effective soon.
This bill will allow first-time home buyers to purchase up to April 30th and still receive the $8,000 tax credit. In addition, the bill has increased the income limits for those eligible to receive the first-time home buyer tax credit from $75,000 as a single filer to $125,000. If you are married the limit was $150,000 and is now $225,000. It also allows move up buyers that have been in their home for 5 or more years to receive a $6,500 tax credit, which is new and exciting.
2010 Home Buyer and Home Seller Perks – FREE 1 Year Home Warranty + more
Tuesday, November 3rd, 2009When you buy or sell a home with me in 2010 you will receive a FREE 1 Year Home Warranty. To learn more about the 2010 perks I am offering visit either my Home Buyer page or my Home Seller page on my website www.nextdooragent.com. There you will find the details of the program and some of the benefits of a home warranty.
Please pass this information on to anyone you know that may be looking to buy a home or sell a home in the next year!
