Hitting the second month of 2009 already and the buyers are starting to look more which is a good sign. January was not a big month of sales for the town of 4,000 however based on current showing requests February may prove to be a better month. Statistics for January in the Rockford real estate …
Is The Media To Blame
Can the media really impact the economy in a positive way or negative for the world? I have been hearing for years in casual conversations with people “well that’s what they say”, who is “they” anyway? The “they” is the media. In part the answer is right there. The media is the most common source …
Short Sale & Foreclosures
In a market of increased homes on the market that are in the process of foreclosure, or that have been foreclosed already, REALTORS® are dealing with more and more properties needing unique marketing. In some of these transactions, the seller does not have sufficient equity to sell the property without coming to closing with additional …
Minneapolis Skyway For Sale
Yes, you read right, a skyway. Who would have thought such a thing would be for sale and of course I found it on Craigslist . If you need a bridge, skyway or just something cool for the yard here is your shot. It was designed by “The Father of the Skyways” Minneapolis architect Ed …
Rockford/Buffalo Proposed For Local Energy Facility
Great Northern Prairie Energy, a Minnesota based company, recently proposed to build a 23-24 megawatt, wood fired biomass facility in the Rockford / Buffalo area. This facility could produce enough energy for about 18,000 local households. How this facility would work is they would burn wood waste from things like tree trimming, storm damage clean …
First Time Home Buyer Tax Credit
This page describes how the mortgage relief tax credit effects the first time home buyer. Who is Eligible: The $7,500 tax credit is available for first-time home buyer only. The law defines a first-time home buyer as a buyer who has not owned a home during the past three years All U.S. Citizens who file …
Woodhill Neighborhood of Rockford
The Woodhill neighborhood in Rockford has long been a prominent area stemming from the tree canopy covered lots to the stylish custom homes built through the late 90’s into the 2000 era. While Woodhill is not the largest Rockford neighborhood it remains a contender for most buyers and when you see the video link below …
Minneapolis Real Estate Statistics 2008
The Minneapolis real estate market stats are in. The board of Realtors published this information Jan 14th 2009 using the MLS (Multiple Listing Service) for the data. New listings were down in the Minneapolis market by 10.9% from 2007 Good news, Pending sales up by 1.2% from 2007 Closed sales down slightly from 2007 at …
2009 Interest Rate Start
And were off… 2 weeks into 2009 and the rates could not be better. When the FED announced on December 16th they would start the process to buy up $500 billion in mortgage backed securities in 2009 the market reacted with an incredible market upswing. Already in January 2009 we have seen rates at 4.5% …
Buyers — Waiting for the Bottom — Five Reasons to Buy Now
Got real estate and a new home on the brain but don’t know when to jump in? All your friends and family have their opinion, the news another and its all too confusing, right? Don’t let it be, just step back, look at the big picture and ask yourself some questions. Home prices are at …