Minneapolis/St. Paul Real Estate Agent
June 1st, 2009
Welcome to the June 1, 2009 edition of carnival of real estate.
A lot of people like reading Top 10 lists and I was intending to do a Top 10 list, however this week I didn’t feel like there were 10 submissions worth sharing with you all so here is my:
#1 – Reminding us that real estate is always local and showing us why
Tallahassee Real Estate presents Killearn Lakes Unit 1 Home Prices Holding posted at Tallahassee Real Estate Blog, saying, “A classic example of why most real estate reports are flawed. They lead you to believe that prices are going up or prices are going down, solely based upon the movement of the average sales price. This article shows why it is possible for the average home price to go up, while real home values are dropping.”
#2 – A variation on the same theme
Danilo Bogdnaovic presents Best Condo Investment Opportunities in Loudoun, Fairfax County posted at Loudoun Foreclosures, saying, “Though this post is hyper-local, the reasoning/logic behind it holds true throughout the US and should be considered by all agents and real estate investors (imho).”
#3 – Multiple offers are everywhere today (at least in my market) and we all need to bone up on our sales skills
Dan Melson presents I’m Competing Against Multiple Offers. How Do I Proceed? posted at Searchlight Crusade.
#4 – I too have many objections to Case-Shiller… check out my association’s data for some examples of better info: 1, 2, 3, 4, 5
Dan Green presents Why The March 2009 Case-Shiller Home Price Index Is Good News For Housing posted at The Mortgage Reports, saying, “To economists, the Case-Shiller Index is helpful. To homeowners, it’s almost worthless.”
#5 – Foreclosures impact many families… each house foreclosed means a family affected
Donna Johnston presents “Mommie are we going to have to move?” posted at Talk Charlotte Real Estate Blog, saying, “This hits me right in my heart.”
#6 – This is a little bit of a “duh” post but hey…
Jim Reppond presents What social networks are agents marketing on? posted at The Seattle Specialist, saying, “Internal Top Producer poll that suggests most agents are now using social media to promote their listings – especially Facebook.”
#7 – MI is deductible but sometimes there are better options
NetBiz presents How To Avoid Paying PMI (Private Mortgage Insurance) posted at Your Finish Rich Plan, saying, “List of ways you can void paying for PMI, thus lowering your monthly mortgage payments”
#8 – Green building is increasing in my market, how about yours?
Mark Donovan presents Definition Green Building Product posted at HomeAdditionPlus, saying, “Green home building is a phrase that is often overused and misunderstood. In this article Mark Donovan discusses the process of assessing whether or not a green home building product is truly green for your particular green custom home building project.”
#9 – There’s a sucker refinanced every minute…
nickel presents Beware the “No-Cost” Mortgage Refinance posted at fivecentnickel.com.
That concludes this edition. Submit your blog article to the next edition of carnival of real estate using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
Technorati tags: carnival of real estate, blog carnival.
Tags: carnival of real estate
Posted in General, Info for Buyers, Info for Sellers | Comments (1)
April 15th, 2009
MAAR has released the March housing market statistics and commentary in their video April video… worth your time if you’re interested in what’s going on in the local market!
Tags: foreclosures, market statistics, short sales
Posted in Info for Buyers, Info for Sellers, Market Stats | Comments (0)
February 10th, 2009
KARE-11 News provide two chances for worried homeowners to seek help this week. | |
Telephone seminar offers homeowners chance to ask questions, find out what to do if worried about mortgage The telephone seminar will take place on: Those interested in participating can call in anytime between 7:00 and 8:00 pm. Housing counselors available during KARE-11 news For more information about the telephone seminar or KARE-11 segment, call (651) 659-9336 or visit www.hocmn.org. | |
Tags: foreclosure prevention, short sales
Posted in Foreclosures & Short Sales, Info for Sellers | Comments (0)
February 5th, 2009
Hennepin County has put together foreclosure prevention workshops and now has posted it online… take a look!
http://hennepinmn.granicus.com/MediaPlayer.php?publish_id=12
Tags: foreclosure prevention, foreclosure workshops, foreclosures
Posted in Community Issues, Foreclosures & Short Sales, Info for Sellers | Comments (0)
January 26th, 2009
Here’s MAAR’s monthly video on what’s happening in our market… some very interesting news if you pay attention:
Tags: foreclosure stats, minneapolis housing market
Posted in Foreclosures & Short Sales, Info for Buyers, Info for Sellers, Market Stats | Comments (1)
December 22nd, 2008
I’m looking for guest bloggers for this site and www.TwinCitiesRealEstateBlog.com. I’m looking for original topical posts regarding the real estate market here (or comparisons to other cities). Beyond that, there will be almost nothing off-limits. If you disagree with my opinions and want to blog about it, that’s ok… though I will post a rebuttal!
If you have interest, give me a call: 612-251-5599
Tags: guest blogger
Posted in Info for Buyers, Info for Sellers, Opinion, Personal Experiences | Comments (2)
December 18th, 2008
December’s video update from MAAR is now available with some great news:
Tags: foreclosures, housing affodability, lender mediated, short sales
Posted in Foreclosures & Short Sales, Info for Buyers, Info for Sellers, Market Stats | Comments (2)
December 1st, 2008
This has been out for a couple weeks… sorry for the delay in posting… good information!
Posted in Foreclosures & Short Sales, Info for Buyers, Info for Sellers, Market Stats | Comments (0)
November 10th, 2008
The time seems to be flying as it seem like the last 3 months have gone by so quickly. For the last few weeks, Jeff Allen & I have been putting the final touches on the 3rd Quarter update to our report on Foreclosure and Short Sale activity in the Greater Minneapolis/St. Paul Region. We’ve revised the methodology to account for a new field our MLS recently added that discloses SOME of the properties that are either a foreclosure and short sale. We also found some additional terms that agents have been using to describe their listings as being Lender Mediated.
A phenomenon that has also been picking up in the last few months is the usage of “not a foreclosure,” “not a short sale” and others. It seems that many agents and/or their sellers have come to feel that it is important to note that their properties that are not in a distressed sales situation. In a market where many foreclosures are in horrible condition and a short sale can take 2 weeks to 4 months to negotiate (and only maybe successfully) I would agree that in many cases it is good to distance your property from that market if there’s any chance of misperception. In this quarter’s report we’ve made sure to exclude properties that are listed with those terms.
Posted in Foreclosures & Short Sales, Info for Buyers, Info for Sellers, Market Stats | Comments (0)
October 31st, 2008
The Minneapolis Area Association of REALTORS has released their latest market stats update video, take a look:
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