Did you kknow there are speed limits for winter driving on Lake Minnetonka?
1. The speed limit for motorized vehicles including snowmobiles within the shore zone is 25 m.p.h
2. The daytime speed limit for motorized vehicles including snowmobiles outside the shore zone is 50 m.p.h
3. The night time speed limit for motorized vehicles (except snowmobiles) outside the shore zone is 30m.p.h
HARP 2.0, as the media has started to refer to it, has some merit, but it’s scope is very limited and it will have little or no impact on foreclosures or the estimated 6.4 million homeowners nationwide who are behind on their mortgage payments. The new HARP just expands the net of those who were eligible for help under the original version.
HARP was created in 2009 to help borrowers whose loans ...
To all those who have declared the real estate market dead, we want you to know that over 13,780 houses sold yesterday, 13,780 will sell today and 13,780 will sell tomorrow.
That is the average number of homes that sell each and every day in this country according to the National Association of Realtors’ (NAR) latest Existing Home Sales Report. NAR reported that sales had increased 7.7% over ...
We have suggested that sellers who need to sell within the next 18 months had a ‘window of opportunity’ to sell at higher prices. They needed to put their houses up for sale immediately before a flood of distressed properties were introduced to the market. This window is beginning to close. The paperwork challenges faced by banks that caused a delay in the foreclosure process over the last ...
It has been a trying time for most segments of the real estate industry. However, two areas that are showing improvement are the luxury home and vacation home markets. It seems that people in these segments are again beginning to purchase.
Vacation Homes
Last week Market Watch published an article discussing the vacation home market. Dan White, president of Daniel A. White & Associates, a wealth-management ...
I want to discuss the impact the downgrade of the U.S. credit rating will have on mortgage interest rates. In these times of uncertainty and volatility, no one knows for sure what will happen next. However, we want to talk about possible scenarios.
Mortgage rates normally run parallel to the country’s Treasury bonds. If many people are buying Treasury bonds the return on those bonds decrease. ...
Event Date: July 23, 2011
Race Day Check-In: 7:30 a.m. at Don Logelin Memorial Lions Park located at 8555 Kennedy Memorial Drive St. Bonifacius, MN 55375
Proceeds Go To: St. Boni Fireman’s Relief
Entry Fee:$7.50 entry only; $15.00 total with T-shirt Sponsors: St. Boni Fire Department
Kiddie Run (Free) (Starts after 10K)
http://runwalkjog.com/minnesota/default.htm
Making predictions can be the ‘kiss-of-death’ for a blog. Even if we get four out of five correct (80%), there are those in the industry who will kill us on the one we got wrong. We believe strongly that when making a real estate decision for you and your family you must look forward and take into consideration how the housing market may change.
For this reason, we are willing to take ...
Everyone seems to have an opinion on where home prices are headed. Housing bulls are saying prices may start rebounding as early as later this year. Some housing bears are saying that prices may still drop another 10-15%. What actually is going to happen? No one knows for sure.
However, Macro Markets, a financial technology company, actually surveyed 108 economists, real estate experts, and investment ...
Many Minnepolis home owners ask me whether they should hire an agent to sell their home or whether they should first try as a For Sale by Owner (FSBO). In today’s volatile market, I believe this is an easy decision: you need an experienced professional!
You need an expert guide if you are traveling a dangerous path
The field of real estate is loaded with land mines. You need ...