Twin City Home Market Becoming More Balanced(0)

August numbers show that the Twin Cities housing market is slowly becoming more balanced, a realtor group said Tuesday. But it’s not there yet — Twin Cities home prices dropped again in August.  Read the full article at the Mpls/St. Paul Business Journal.

Twin Cities Foreclosures for Q1 are Up 22%(0)

According to the Metropolitan Foreclosure Report by RealtyTrac, Inc, the Twin Cities real estate market saw an increase of new foreclosures filings by 22%.  This is a 2% decline actually from the last quarter of 2009.
Before you investors start salivating….Keep in mind that even though a foreclosure filing happens on a property, several things can [...]

HOUSE DFL TAX BILL BLASTS HOMEOWNERS(2)

Homeowners in Minnesota have been battling a through a tough real estate market for the last few years. Foreclosures, short sales and falling prices have made the American Dream sometimes appear to be a nightmare. Luckily, as with all markets, Minnesota’s residential market will recover. How fast and stable the recovery will [...]

Update Sale of TJ Waconia Properties(3)

It is funny how this is really a small real estate world, especially in North Minneapolis.  Johnny Northside wrote a new post about the North Minneapolis T.J. Waconia houses where he actually made a mention of my post about one of my customers wanting to buy a T.J. Waconia House in North Minneapolis.
Here is where [...]

Returning the Pre-Lease Deposit(0)

Many landlords take a deposit from a prospective tenant to hold an apartment prior to move-in. I require a deposit when there is more than 1 week before the start of the new lease. State law is very clear on how this process must be executed when renting Investment Property in Minnesota:

The agreement must be [...]