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Wednesday, May 15th, 2013 at 11:54pm. 243 Views, 0 Comments.
MPR recently did a story about the proliferation of private sales in the Twin Cities real estate market. I thought that I would take some time to talk about what a private real estate sale is and what its pros and cons are.
A private real estate sale, otherwise known as a “sleeve” listing or a “pocket” listing, is a property for which a broker holds a signed listing agreement from the seller, but it is never actually advertised on a multiple listing system (MLS). Instead of putting the house on the local MLS, which exposes it to home buyers and buyer agents, the real estate agent restricts access to information about the house, hoping for a quick sale.
Pocket listings are surging in the local Twin Cities real estate market, and in many other…
Tuesday, April 30th, 2013 at 12:47am. 463 Views, 1 Comments.
The Twin Cities real estate market is heating up and sellers are winning the season so far. Inventory is getting a bit tight, resulting in higher sale prices and even multiple bids.
The jackpot is a little unecpted and too soon for some home sellers, though. There are stories of home sellers putting houses on the market and having offers withint days. When they accept so soon, a whole new flood of concerns is coming forward: What to do between houses - after one has sold, but before the new home has been bought?
This concern may be causing some sellers to hold back. Home sellers don't just want to unload a house and be homeless for a while, they want to have a prospective house that they want to buy in mind before putting their house on the market.
Thursday, March 14th, 2013 at 1:19pm. 1801 Views, 0 Comments.
Spring hasn’t yet sprung, but the spring Parade of Homes is in full swing right now! This annual event, sponsored by the Builders Association of the Twin Cities (BATC), opened on March 2 for its three-week run. It doesn’t end until March 24, so you still have two weekends left to check it out!
This year, there are 374 new Twin Cities homes on the Parade of Homes tour. That’s a 22 percent increase from last year. Homes on the tour range in price from $139,999 for a two-bedroom condo in New Brighton to just under $3 million for a luxurious home on a lake in Maple Grove.
Like to homegaze? Though there are plenty of reasonably priced Twin Cities homes for average home buyers on the Parade of Homes, the tour includes more than a two dozen houses priced at…
Monday, February 25th, 2013 at 1:06am. 351 Views, 1 Comments.
More and more home buyers and home sellers are entering the housing market now that it has finally begun to stabilize.
For people who are planning to sell a home, it is important to understand the tax implications that come along with selling a home. It’s also important to be aware of structural and cosmetic flaws in a home and neighborhood that could affect the asking price or cause a property to languish on the market.
Here are six tips for home sellers to avoid mistakes:
Saturday, February 16th, 2013 at 10:30pm. 274 Views, 1 Comments.
Here is MLS # 4330840
This like-new 2-story home is located at 2430 Golf Dr in Woodbury, Minnesota. It has 3 bedrooms, 3 bathrooms, and 2,388-square-feet of space. The house is in a fantastic neighborhood in Woodbury.
Built in 2005, this home features an open floor plan, hardwood floors and stainless steel appliances.
The home also has a 3-car garage, a large yard with a deck and patio, and is located near parks and trails.
It can be yours for $325,000.
Browse more Woodbury MN real estate
Browse other Twin Cities homes for sale
Tuesday, January 15th, 2013 at 1:51am. 750 Views, 0 Comments.
Minneapolis real estate and other Twin Cities area communities had a good year in 2012 and it is expected that the trend will continue in 2013 for home sellers.
A few things are working in our favor here in Minnesota, as far as real estate sales are concerned.
First, Minnesota has a low unemployment rate. And we don’t just mean “relatively low,” as it’s hovering just above 5 percent right now.
Second, Minnesota, and in particular the Twin Cities area, has an incredible employment base. The state is home to huge corporations, small businesses, manufacturing, financial, creative, theaters, art. Being on the river, we even have longshoremen. Pretty much whatever you want to choose for a career, you can do here. This is leading to an influx in new residents…
Friday, November 9th, 2012 at 5:56pm. 1011 Views, 0 Comments.
This Sunday, November 11th is Veteran's Day (although the federal holiday is on Monday, giving many the day off). In honor of the day, and in honor of all those who have served this great country, the Lowry Avenue Bridge is going to be lighting up with the colors red, white, and blue. The bridge will be lit with said American theme from Saturday the 10th until Monday the 12th.
The Lowry Avenue Bridge just reopened in late October and is fitted with programmable LED lights that give the city freedom to light the bridge many different ways. The bridge will be changed based on city events or holidays.
Friday, November 2nd, 2012 at 5:26pm. 488 Views, 0 Comments.
15th Annual Gobbler Games
This event is for parents and children (ages 4-14) set in pairs to participate in fun, low-key competitive athletic events. Events include, a floor hockey shoot, frisbee toss, basketball free throw, and more. Participants should arrive between 10:00 - 11:30 am. The event is free in Lino Lakes on November 3rd.
34th Annual Old-Fashioned Holiday Bazaar
The Landmark Center in St. Paul hosts this lively shopping event that features handmade crafts, clothes, art, and food from Minnesota artisans. The day is even more festive with holiday treats and music filling the atmosphere.
The event runs from November 29th - December 1st. Admission is $4, children under 12 get in free.
Wednesday, October 31st, 2012 at 8:09pm. 572 Views, 1 Comments.
Nationwide, it seems the housing market is heating up, just as it does nearly every Spring and Summer – including in the Twin Cities area. Even with those seasons passed, the interest rates are still low with plenty of homes available on the Twin Cities real estate market. That considered, more and more Minnesotans are pondering if they are ready to buy a home yet. There are many things to consider, especially for those who may be first time home buyers.
Here are some questions and some possible answers to think of if you are considering buying a home.
· Are you planning to stay put? If the answer to this is no, you might want to reconsider buying a home. If you think you are planning on stay in an area for any less than 5…
Tuesday, October 23rd, 2012 at 4:23pm. 250 Views, 0 Comments.
We are SO excited to announce that Norton Homes has just been given a Reggie Award for its Excellence in Building! This prestigeous award has been given to top Twin Cities Builders for the past 40 years by the Builders Association of the Twin Cities. Winning Builders are chosen by judging teams that consist of local Builders and Associates who determine which home exemplifies excellence in design, construction, quality and value.
Owner, Chris Norton, takes a hands-on approach to building and his company is one of the fastest growing Custom Home Builders in the Twin Cities area. Custom designed Norton Homes range from quality built starter homes to elegantly appointed luxury homes. BUT, regardless of the price, each Norton Home has exceptional…
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