We did it again - just like Eden Prairie was ranked #1 place to live a few weeks ago, the Twin Cities also ranked #1 as the best place for working mothers according to Forbes. To read the full article visit The Best Cities for Working Mothers 2010.
Posts Tagged ‘Eden Prairie Real Estate’
Twin Cities Named Best Place for working Mothers by Forbes
Wednesday, July 28th, 2010Congrats to June Buyers!
Wednesday, June 30th, 2010Congrats to all of my June buyers that closed in the last week! One closed yesterday, just in the nick-of-time to receive the move-up tax credit. Enjoy your new homes!
Possible Tax Credit Closing Extension
Monday, June 14th, 2010There is a bill right now that might be passed, extending the tax credit closing until October 1st 2010. This would give more people a chance to close on their property so they could claim their $8,000 or $6,000 tax credit. The transactions that need a little more time are mostly short sales and foreclosures - anything that the bank is involved in. I’ll keep you posted!
Buy vs. Rent: Minneapolis, Minnesota Named One of the Best Cities to Buy
Wednesday, June 9th, 2010
According to Research done by Bloomberg Newsweek, Minneapolis is the number 1 city to buy, when you look at the cost of renting vs. owning a home. The median price has dropped in the last few years to a more affordable level, where it might make more sense for you to buy a home. Although buying a home vs. renting a home has different benefits for different people.
Cities that I specialize in are Eden Prairie, Chanhassen, Chaska, Bloomington, Victoria, St. Louis Park and the entire western metro.
Life in Real Estate - A little of this and a little of that
Thursday, April 29th, 2010Busy spring = less blogging!
It has been a great start to the year in the real estate world. A lot of home buyers have been able to take advantage of the tax credit, which actually comes to an end tomorrow - April 30th. I have made a lot of great new friends and can’t wait to see how they transform their new houses into a home. Most of my clients purchased move in ready homes this year, although three of them took on the challenge of fixer-uppers! I will have to see if I can get my hands on some of the challenge seeker’s before and after photos to share.
If you wonder what I have been up to in 2010, here you go! Year-to-date I have sold 7 single family homes and 3 town homes. Of the single family homes one was new construction and two were foreclosures. In February, one of my listings sold within 2 days of being on the market! These home sellers priced their home right and had done a lot of updates throughout - new kitchen and baths - which everyone loved! Working with such wonderful buyers and sellers makes my job so much fun!!
Twin Cities Real Estate Market Update
Sunday, April 25th, 2010Here are some real estate market stats from Q1 this year!
Overview: The Marketplace
13-County Metro
According to information from the Minneapolis Area Association of REALTORS® (MAAR):
• Q1 2010 pending sales were up 7 percent over Q1 2009.
• March’s median sales price was $165,000 – up 7 percent from March 2009. For the third consecutive month, home prices showed a year-over-year increase. Three consecutive months of progressive increasing hasn’t been seen since June 2004.
• In Q1 2010, 46 percent of closed sales were lender-mediated compared with 56.9 in Q1 2009.
• Q1 2010 closed sales were up 4 percent over Q1 2009.
• Q1 2010 active listings were down 10 percent from a year ago.
• Q1 2010 new listings were up 10 percent over Q1 2009.
• Average days on market were at 130 in March 2010 compared with 150 in March 2009.
Based on information from data collected from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC. for residential properties in the 13-county region exclusively.
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.
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.
Twin Cities Market Update - October 09′
Tuesday, October 20th, 2009Much like the second quarter, the third quarter of 2009 housing trends continued in the right direction. Over the summer months, sales activity was up in most markets, new and active listings were declining or stabilizing, time on market decreased, and we continued to work through much of the foreclosure inventory, many times with multiple offers. - Information from Bob Peltier, Edina Realty President
The Marketplace Statistics
13-County Metro
According to the Minneapolis Area Association of REALTORS® (MAAR):
* The median sales price in the 13-county metro area in September was $170,000 - down 10.5 percent from 2008. Distressed properties continue to affect overall median sales prices.
* Sept. 2009 traditional median home price: $200,712 (-5.3 percent from one year ago)
* Sept. 2009 median sales price for lender-mediated: $127,000 (-12.4 percent from one year ago)
* YTD 2009, 43.8 percent of closed sales were lender-mediated.
* Q3 2009 closed sales were up 16.6 percent over Q3 2008.
* Q3 2009 active listings were down 20.5 percent from Q3 2008.
* Q3 2009 new listings were down 7 percent from Q3 2008.
* Average days on market were at 129 compared with 145 this same time last year.
Based on information from the Minneapolis Area Association of REALTORS®, Inc. Data collected from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC. for residential properties in the 13-county region exclusively.
Twin Cities Fall Parade of Homes
Tuesday, September 22nd, 2009The fall Parade of Homes runs through October 4th, so there are still a few weeks to get out there and visit the model homes. It is a great time to get decorating and new home ideas. This year the Remodeler’s Showcase was combined with the Parade starting the second weekend in September.
If you are looking for a newer home please contact me and I can share with you what is available in the Twin Cities area.
This home featured is by Sicora. Great remodeler located in St. Louis Park.
