Archive for Real Estate News

The Monthly Skinny – July 2010

Minnesota Real Estate Activity from July 2010

Important points:
Local housing market buyer decreased activity.
Tax credit influencing activity.
Active listings up.
Prices climbed up and Median prices up!!
Percentage of listing price received at sale up versus last year and 2008.
Interest rates extremely low.

Home Prices Increase in Twin Cities

According to data released by Standard & Poor’s Case-Shiller Home Price index, from April 2009 to April 2010 home prices in Minneapolis and Saint Paul increased 9.5%.
These constant home price indices cover 20 United States regions. The S&P/Case-Shiller U.S. National Home Price Index is a composite of single-family home price indices for the [...]

Minnesota Real Estate Statistics – May 2010

The numbers are in for May 2010.
Minnesota real estate has a couple interesting trends (year to date) already happening in 2010.
Anyone looking to buy a Minnesota home can take advantage of the bigger selection of homes on the market and when we compare the average price today vs. what it has been in the years [...]

The Monthly Skinny – June 2010

Important points:

How has Minnesota real estate trends changed after the first time home buyer tax credit ended.
Traditional summer activity.
Economic trends.
Closings up.
Seller and buyer activity parallel.
Minnesota real estate listings and inventory.

The Monthly Skinny – May 2010

Minnesota Real Estate is Recovering
Two points worth noting: “Mostly stable with a strong chance of recovery.” and the market did just fine immediatly after the first time home buyer tax incentive ended.

Home Buyer Tax Credit Extends to Military Personnel

Here at Blog.LakeHome.com, we discussed the extension of the first time home buyer tax credit and since the deal expired for normal everyday folk, here is a breakdown for those brave men and women in the Armed Forces.
May Still Qualify for the Incentive Program:
* U.S. Military
* Members of Foreign Services
* Intelligence Agency Employees
Anyone who has [...]

Home Value and You

American homeowners are more confident in the value of their homes during the first quarter of 2010 than they were in the previous few quarters.
According to the real estate website Zillow.com, more people believe that their homes have gained in value than the actual percentage of homes that gained in value.

Overall, 50 percent of homeowners [...]

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