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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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        • Western Suburbs
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Derrick Monroe

Twin Cities Market Update October 2010

October 6, 2010 //  by Derrick Monroe

Courtesy of the Minneapolis Board of Realtors. In the Twin Cities metropolitan area, the frost that some of us found on our lawns also kept the housing market in a sort of frozen state. For the week ending September 25, sellers placed 1,382 new homes on the market, which was 19.9 percent fewer than last …

Category: Various Topics & Just For Fun

Minnesota Zero Down Payment Loans

September 28, 2010 //  by Derrick Monroe

After the bubble burst one would have thought we would never see another zero down loan program but here we are with the new “Minnesota Affordable Advantage Program”. With all the bills we all have these days, credit cards, bills and the emergencies that come up to eat away at our savings who has the …

Category: Mortgage & Home Loans

Midwest Economy Shows Improvement

June 22, 2010 //  by Derrick Monroe

Economy in the Midwest Shows Improvement The Federal Reserve Bank of Minneapolis reported that the economy in the Upper Midwest is strengthening at a modest pace. Fed economists Toby Madden and Rob Grunewald delivered their mid-year update on the regional economic outlook last week. The data indicates that employment, consumer spending, manufacturing and home construction …

Category: Various Topics & Just For Fun

Mortgage Interest Rates For June 22nd 2010

June 1, 2010 //  by Derrick Monroe

Mortgage Interest Rates For June 22nd 2010 30 Year Conforming – 4.75% 15 Year Conforming – 4.125% 30 Year Jumbo – 5.625% 5/1 Arm – 3.75% 7/1 Arm – 4% FHA 30 Year – 4.75% Interest rates change often, sometimes daily so for a more accurate mortgage rate contact us here and we will pass …

Category: Mortgage & Home Loans

Homes For Rent In Rockford MN

June 1, 2010 //  by Derrick Monroe

Although we are a Real Estate office located in Rockford MN and not a rental agency we would like to help you anyway we can. If you’re looking for homes to rent in Rockford give us a call or contact us here with your needs and we will place some calls on your behalf. As …

Category: Rockford Real Estate

Thinking Of A MN Hobby Farm Or Acreage?

May 4, 2010 //  by Derrick Monroe

If you’re considering purchasing a small hobby farm or acreage in a rural area make sure to ask yourself the right questions before you sign on the bottom line. I live on acreage as well and don’t blame you at all for considering the advantages but there are some items from the real estate side …

Category: Buyer Information

There Isn’t An App For That

May 4, 2010 //  by Derrick Monroe

From time to time I get calls from home buyers who are confused by what they are finding on the web or cell phone. These buyers are looking on the web from their phone and home computer, finding properties for sale only to drive by and see a sold sign or get confusing information where …

Category: Buyer Information

Need To Sell A Home In Next 90 Days

April 27, 2010 //  by Derrick Monroe

The tax credit is ending this week, the market and certainly changed and the bubble did indeed burst but that does not mean homes are not or will not sell. In fact, 35,600 homes sold in January, 39,200 in February and 41,700 in March for the Minneapolis area. Guess you cant always believe the gossip …

Category: Seller Information

New Construction Rockford MN – Shadow Ridge & Hurst Woods

April 22, 2010 //  by Derrick Monroe

Are you looking for a new construction home in Rockford and already been through the Lennar Homes for sale in Hurst Woods but don’t want to simply pick between a couple of floor plans? We don’t blame you. Carmel Builders, a life long general contractor building homes for nearly 50 years has recently purchased several …

Category: Rockford Real Estate

HAFA Program

March 23, 2010 //  by Derrick Monroe

Up to now, many short sales — in which the lender accepts a sale of the property for less than the full amount owed — have taken months to complete. Sometimes, the complex and lengthy process has failed, resulting in foreclosure. HAFA establishes streamlined short sale rules and incentives borrowers and lenders to work together …

Category: Foreclosures & Short Sales

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The Derrick Monroe Group
Broker – Lakes Area Realty
8010 Highway 55
Rockford, MN 55373
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Recent Blog Posts

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Why The Derrick Monroe Group Trusts FinalTone Painting for Our Real Estate Clients At The Derrick Monroe Group, we know that one …

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