Kicking the new year off with a bang! I am now with a local Twin Cities commercial real estate firm Ladin Ventures, a startup company from the mind of Steve Ladin. Nothing wrong with Coldwell Banker Burnet but I needed a change. I had been hinting about the switch for the past few months and [...]
5 Predictions For 2010 Real Estate
December 29, 2009 By 1 Comment
Here are my 5 predictions for 2010 Word of the year will be “strategic default” followed by “shadow inventory” Banks will require medical history before entering properties, some of these assets are getting dangerous. National Association of Realtors finally ditches rid of the “now’s a great time to buy” campaign. It’s probably a long shot [...]
October Case-Shiller Shows A Dip In Minneapolis Pricing
December 29, 2009 By Leave a Comment
The Case-Shiller home price index came out for October, prices in Minneapolis dropped just a tick by a 1/2%, but overall the index increased for the 5th consecutive month. Weakness in the midwest region. Take it for what it is, the data lags by 2 months. Will be interesting to watch over the next six [...]
Sunday Mashup
December 27, 2009 By Leave a Comment
Back from the holiday hiatus, hope everyone’s went great! Here’s the linkage from the past week: Here is some good insight on what might happen to housing once government intervention takes a back seat in the upcoming months via DailyFinance. And here is another link from Calculated Risk on Government support housing. More on borrowers [...]
OH CRE Xmas Parody
December 21, 2009 By Leave a Comment
Sunday Mashup
December 21, 2009 By Leave a Comment
An hour to slide in, a little late but here is the linkage from the past week: I found this interesting, buyers interested in foreclosures slips. Not seeing any of this around here as anything under ~$225k was/is moving. During the holidays it’s always a bit slower but I’m finding lots still interested. Why not [...]
Rolling Around Apple Valley Foreclosures
December 16, 2009 By Leave a Comment
An After Thought: Snowed In
December 15, 2009 By Leave a Comment
Something to think about Getting stuck in snow within a home owner’s association is something to think about when moving into that not many think about it. The other day I was showing homes to a couple with smaller cars and this problem came forefront as the townhouse community had not yet been plowed almost [...]
Get On The List
December 14, 2009 By Leave a Comment
Every week I get a few people inquiring about properties that under $100k throughout Minneapolis-St. Paul and the greater metro area for both cities. Some of these properties are short sales, some are bank owned foreclosures. Some need work, some are so dilapidated beyond reasonable repair. Hindsight is there are some great opportunities for the [...]
