Apparently Walking Away From Mortgages The “IN” Thing To Do

If you have a few minutes or 12 to be exaxt, the television show 60 Minutes aired a segment this past Sunday on walking away from your mortgage or the real estate term of 2010: Strategic Default Watch CBS News Videos Online

Grand Oaks Business Park In Eagan

Took a drive through Grand Oaks Business park in Eagan the other day. A nice, 100 acre business park with 10 separate buildings surrounding a lake with miles of walking trails. There is even light retail with Caribou Coffee, Timeout Sports Bar/Grill and even a bank. This area is what an office area should be [...]

Have A Need For Big Space? Check Out Eagan For Warehouse Industrial Property

eaganindustrialwarehousespace

Eagan has great potential for those interested in industrial warehouse space. Close to four major highways, the airport and both Minneapolis-St. Paul. Commercial Industrial Warehouse Listed below are some of the buildings located in the area Lone Oak Business Center II Armstrong Business Center Northwood Business Park Aldrin Distribution Center Lexington Corporate Center Interstate Crossings

6 Reasons NOT To Buy A Home

6 Reasons NOT To Buy A Home Just because every REALTOR(r) is shouting to buy a home, doesn’t mean that it is the right time. Prices may keep on falling. Most people already have a depreciating asset siting in the drive way. Staying in one place is hard for a lot of people. You are [...]

Plenty Of Vacant Commercial Retail Space In Rosemount

Rosemount has it’s fair share of vacant commercial properties along County Road 42, plenty of prime space available. Price per square foot is a little high for the current market, might be the time to make a move if you have that entrepreneurial spirit. That means not opening a nail salon, hair salon or any [...]

Has The Commercial Real Estate Shoe Dropped?

Hmm… not quite sure, but would be nice if it did. Still think the small business will continue to struggle.

Winter Foreclosures In Rosemount

Plowing through the snow do deliver some foreclosures that just hit the market in Rosemount. The past few months it has been fairly competitive with not much to pick from when it comes to bank owned homes. More are coming…

5 Predictions For 2010 Real Estate

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 [...]

OH CRE Xmas Parody

Another holiday parody this one having to do with commercial real estate. Definitely not as good as the one I found last week involving residential defaults, but I’ve been busy lately working on some HUGE changes that will take place in after the new year. Enjoy.

Rolling Around Apple Valley Foreclosures

Here is a quick drive through of four properties that are bank owned in Apple Valley. Inventory for bank owned homes remains low and extremely competitive for anything under $200k.

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