July 23rd, 2008 categories: Finances, Home Ownership, Mortgages
There might be a bit of overacting in this video 
, but nonetheless, if you’re interested in the latest Housing Stimulus Bill and where the National Association of Realtors stands, here’s your update…
NAR President-Elect Charles McMillan sits down with NAR Chief Lobbyist Jerry Giovaniello to discuss the importance of the Housing Stimulus legislation currently pending on Capitol Hill.
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July 15th, 2008 categories: Real Estate
Our updated Twin Cities Market Report suggests that things are getting a little better out there. For graphs and charts of the key statistics, click the PDF link at the bottom of the post.
Prospective homeowners appear to have celebrated our Independence holiday by buying a home. For the week ending July 5, there were 735 signed purchase agreements (pending sales), up 7.3 percent from the same week one year ago. New listings increased by 2.5 percent for the same time period comparison but took the expected dive from one week prior due to the 4th of July holiday.
Days on Market Until Sale fell from last month to 147 but is still 13.1 percent higher than a year ago, and the Percent of Original List Price Received at Sale increased to 92.8 percent. Both changes are Read the rest of this entry »
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July 14th, 2008 categories: Real Estate, Trends
Plentiful jobs, excellent schools, affordable housing - according to CNN’s Money Magazine top 100 list of America’s best small cities, 9 Minnesota cities have all that and more. And even better, the report ranked our very own northwest suburb, Plymouth, MN, as the #1 place to live among U.S. cities with populations of 50,000 to 300,000!
The ranking touts Plymouth’s “topnotch” schools, plentiful jobs, affordable housing, low crime rate and active outdoor culture. In addition, the report shows that Plymouth has a significantly higher-than-average median family income, family purchasing power, math and reading test scores, and percentage of residents with a health plan (91.2%); AND lower-than-average auto insurance premiums, shorter commute times, and lower median home prices. Here are a few other things they say about our little gem of a city… Read the rest of this entry »
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REDUCED!! 5629 Melody Lake Dr, Edina - Beautiful, Spacious 3br with Fireplace, Deck & Garden
July 13th, 2008 categories: Listings
5629 Melody Lake Drive | Edina, MN
3 Bedroom / 3 Bathroom / 2,522 Sq. Ft.
$450,000
Sunlight floods into your new home. You won’t lack counter-space or cabinets in this gourmet kitchen. 3 new bathrooms. 2 fireplaces. Your own personal retreat when you enter your backyard. Nearly everything has been replaced/updated in the last 5 years!
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