Possible Expansion Of Homebuyer Tax Credit?

Easily put, it’s in the works. It appears that legislators have come to terms to expand the housing home buyer tax credit until the end of April and make it available to ‘move-up’ buyers or repeat buyers. The income limits would also expanded to $125k for single buyers and $250k for married couple. Nothing set [...]

Minneapolis-St. Paul Tops For Safest Place To Live In U.S.

Another reason to live in Minneapolis-St. Paul: the safest city in the United States From Forbes: Minneapolis tops our list of America’s safest cities, and not just for its crime rate. In ranking the cities on our list, we looked at workplace fatalities, traffic-related deaths and natural disaster risk; the City of Lakes ranked in [...]

Yet Another Short Sale Segment On Local Twin Cities News

From Kare 11 Extra, what a short sale is: Since I never rarely watch the news, I get it all online in real time… hat tip to MPLSRealtors

Sunday Mashup

Links from the past week: Lots of issues of potential fraud coming in revolved around the home buyer tax credit. Close to 100k returns are being called into question from the IRS and even a potential four year old. WTF? I’ve been against the extension of the tax of credit, I know weird you would [...]

$53 Million Pillsbury Estate Hits The Auction Block

pillsburyestatelakeminnetonka

The buzz around the local real estate circles is the news of the former Pillsbury Estate on Lake Minnetonka on Smith Bay is up for auction. Yes the $53.5 million pad located at 1400 Brackets Point Road, the one that was listed for a little over two years… with no price reduction. What you get [...]

Postpone Foreclosure In Minnesota

If you have a few minutes, watch this vid of postponing foreclosure in Minnesota if you are need of some help. [h/t HOCMN]

Forget About Short Sales, Go REO

If you’re buying… Bad news for short sale sellers in the Twin Cities, sales lag bank owned homes by three times. Buyers no longer have half a year to wait for the bank to figure out what the hell they want do with the asset. That tax credit ending has also many buyers not wanting [...]

Banks To Short Sale Sellers: You Will Also Particpate In Our Loss

Is the free ride over for sellers not having to come up with the cash to close? What has become so popular over the past few years has been the short sale, nothing new here… a term that has been tossed around all to much. Short sales provide a way for the seller to sell [...]

Wonder What The Value Added Is?

This clip is somewhat old (as in 2006) but stumbled across it the other day while browsing the interwebs. Thought it was a good spoof. Upright Citizens Brigade

Local Blogging For Roost About Minneapolis

roostblogger

I got asked the other day from Doug Overbey from Roost if I would provide local insights on Minneapolis real estate. Whether it be trends, hot spots or anything local… I couldn’t say no. If your not familiar with Roost, it is a blazing fast home search tool that serves the local real estate market. [...]