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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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  • Featured Cities
        • Western Suburbs
          • Annandale
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Derrick Monroe

Don’t Get Caught Without A Home Inspection

October 17, 2008 //  by Derrick Monroe

To Inspect Or Not To Inspect? Buying a new home may be the biggest investment you’ll ever make.  Although the process is exciting, it quickly can be overwhelming and stressful.  While the home you have chosen may seem like the perfect property from the outside, unknown defects can quickly swallow your equity and turn those …

Category: Buyer Information

Minnesota Fall Colors

October 17, 2008 //  by Derrick Monroe

It’s Here – Fall Color Season Is Upon us One of the great things about Minnesota is the gorgeous fall colors we have. From the North Shore fall colors to the tree lined neighborhoods that fill our great state the colors are brilliant and eye catching; but where are the best fall colors in Minnesota? …

Category: Various Topics & Just For Fun

Mortgage Bailout

October 17, 2008 //  by Derrick Monroe

The $700-billion financial industry bailout we have been hearing so much about became law Friday. While the new program could make a recession a little softer of a blow, and potentially even shorter, it will not stop the economic and housing downturns in their tracks, according to most economists. The economic package, which President George …

Category: Mortgage & Home Loans

Real Estate & Technology

October 16, 2008 //  by Derrick Monroe

Find an agent who understands that over 80% of home buyers start their search on the web. Today real estate and technology go together like Ice Cream and Apple Pie. How much of your equity are you willing to gamble on an agent that still uses nothing more than a yard sign or a black …

Category: Buyer Information

Buffalo Real Estate Update 8/26/08-10/16-08

October 16, 2008 //  by Derrick Monroe

Information reliable but not guaranteed. The data below is for dates 8/26/08 – 10/16/08 for Buffalo only and single family homes. 70 New listings have come on the market for sale during this time-line. 49 properties have sold during this time-line having an average sale price of $209,005 while taking an average of 191.5 days …

Category: Buffalo Real Estate

Blaine Real Estate Market Update 2008

October 16, 2008 //  by Derrick Monroe

Blaine market update for 01/01/2008 – 10/16/2008 only. In Blaine MN there are; 360 active single family Blaine homes for sale with an average asking price of $309,734 and they have been on the market for 102.5 days on average. 165 Blaine Town homes for sale currently with an average asking price of $213,169 and …

Category: Blaine Real Estate

So what about the market you ask?

October 16, 2008 //  by Derrick Monroe

I could easily link hundreds of stories, articles and opinions on this matter. When will the market rebound, improve and just show some improvement is the hot topic all over the place right now. Lets start with this, real estate is local so not all areas are affected the same. I have spoken to some …

Category: Various Topics & Just For Fun

Avoid Foreclosure

October 16, 2008 //  by Derrick Monroe

While these 4 items may not work for everybody if you’re in a foreclosure situation here are some tops you may want to look into. Repayment Plan – This is the most common workout plan for any household that is 1-3 months delinquent on their mortgage payment. Under this scenario, a homeowner sends in their …

Category: Foreclosures & Short Sales

Pending Sales Skyrocket

October 16, 2008 //  by Derrick Monroe

Minneapolis, Minnesota (October 10, 2008) — Buyers flocked to the Twin Cities housing market in September to take advantage of attractive home prices and a sunsetting federal loan program, according to the Minneapolis Area Association of REALTORS® (MAAR) based on data from the Regional Multiple Listing Service of Minnesota, Inc. There were 4,036 pending sales …

Category: Minneapolis Real Estate

Empty Nester – Time To Sell

October 16, 2008 //  by Derrick Monroe

So you’re an “empty nester” now. Is it time to consider a downsize and find that gorgeous home for the best years of your life? Like many others who come to this time you may be finding yourself in a home to large now that the kids and high traffic has moved on. The once …

Category: Seller Information

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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

What Happens If a Home Burns Down Two Days Before Closing — And the Seller Has No Insurance?

It sounds like something that would only happen once in a lifetime. Two days before closing, the home our buyer was purchasing …

Does Painting Increase Home Value? Why Our Real Estate Clients Benefit from FinalTone Painting

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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