For the past couple months I’ve been doing analysis within Dakota County to compare the final selling price of homes sold to their tax assessed value to see if there were some common numbers that could be found to help buyers and sellers to get some rough estimates of home value. In November I looked at single-family homes that were not bank-owned or short sales and found that those homes ...
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As we continue to endure frigid temperatures in the winter months, our local Real Estate market is starting to heat up. Particulary in the entry-level price ranges (up to $200,000 or so), many buyers are again experiencing high levels of competition.
Many first-time home buyers are keeping an eye toward the expiration of the $8,000 tax credit incentive; to qualify a buyer must have a signed purchase ...
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According to local real estate web sites, active listings decrease as much as 30% (or more) during the holiday and winter time. There are several reasons to pull a listing until spring, but there are more reasons to keep it on the market.
Active listings decrease, so that means less competition from other sellers. If you live in a subdivision where there are 5 homes for sale just ...
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The Minnesota Department of Public Safety suggests drivers use caution when driving in the winter, especially in relation to snow plows. The press release suggests drivers stay back at least 5 car lengths from the snow plows. Snow plow drivers have limited visability when the snow is flying and have to split their mission between removing snow, salting and driving. Please read ...
Posted by
Gina Schedivy
on 02/05/2010
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Those Who Wait Will Pay Thousands More This Spring
Waiting a few extra days or weeks to purchase a home this spring could cost buyers thousands of extra dollars as the office of Housing and Urban Development (HUD) implements several changes for loans guaranteed by the Federal Housing Authority (FHA).Coming just weeks before the April 30 deadline for the Home Buyer Tax Credit and just days after the ...
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"On April 22, 2010, federal law will require that contractors performing renovation, repair and painting projects that disturb leadbased paint in homes must be certified and follow specific work practices to prevent lead contamination" Qualified Remodeler, Jan 2010
If you want to Flip a property or paint or put new siding on, you better hurry!!!!!
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RE/MAX International CEO Margaret Kelly has been named to the Board of Directors of the Federal Reserve Bank of Kansas City-Denver Branch, one of three branches in the 12th district of the Federal Reserve System. Kelly joins six other board members in working with the bank, lending her insight and expertise on the regional economic front. "It's a great honor and privilege to serve on the ...
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There are a lot of things to consider when listing your home and moving away from a home in Minnesota in the winter. One of these items is winterizing your plumbing. After you vacate the home, you may want to hire a plumber to winterize your plumbing. It is a precaution against freezing pipes that burst and cause significant water damage.
If you don't have time to ...
Posted by
Gina Schedivy
on 02/01/2010