Posts in State Of The Local Real Estate Market

Exclusive 4 Bdrm, 4 Bthrm Home For Sale $329,900 at 2240 North Ferry St. in Anoka, MN 55303
Posted by EXIT REALTY NEXUS on June 5, 2014 in State Of The Local Real Estate Market Features Real Estate Deals Featured Shadow Listings Exit Realty
Exclusive 4 Bdrm, 4 Bthrm Home For Sale $329,900 at 2240 North Ferry St. in Anoka, MN 55303

EXCLUSIVE 4 BDRM, 4 BTHRM

Home For Sale $329,900 At

2240 North Ferry St. in Anoka, MN 55303

Click For Listing Website Click For Interactive e-Tour Beautiful 4 bedroom home with 58' of frontage on the Rum River. Master bedroom with large walk-in closet, office, exercise room, study, 3 full baths, and extra deep garage. Impressively landscaped back yard lowers to your private access to the Rum River MLS# 4460812
$329,900
4 Bed, 4 Bath
2240 North Ferry Street
Anoka MN, 55303
Justin Burke
EXIT REALTY NEXUS
651-335-1586

 

Anoka, Minnesota Wiki Info

City of Anoka Website

County of Anoka Website

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Tagged with rum river anoka ferry street 4 bedrooms 4 bathrooms exercise room homes for sale affordable homes
Stunning Home For Sale $264,900: 9000 Nantwick Ridge Minneapolis, MN 55443
Posted by EXIT REALTY NEXUS on May 28, 2014 in State Of The Local Real Estate Market Features Real Estate Deals Exit Realty
Stunning Home For Sale $264,900:  9000 Nantwick Ridge Minneapolis, MN 55443

Stunning Home For Sale $264,900:

9000 Nantwick Ridge Minneapolis, MN 55443

Click For Listing Website Click For Interactive e-Tour Welcome to 9000 Nantwick Ridge Brooklyn Park, MN 55443! Please view the E-Tour for additional details regarding this fabulous home! MLS# 4463687
$264,900
3 Bed, 2 Bath
9000 Nantwick Ridge
Minneapolis MN, 55443
Dennis Dorman
EXIT REALTY NEXUS
763-548-1432  

 

Brooklyn Park, MN Wiki Link

City of Brooklyn Park, MN Website

Hennepen County, MN Website

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Real Estate Trends Video Housing Market Report for March 2013
Posted by Frank D'Angelo on April 5, 2013 in State Of The Local Real Estate Market

 

PRICES FLUCTUATE MONTHLY IN LOCAL MARKETS.  OBTAIN YOUR VERY OWN HIGHEST PRICE MARKET ANALYSIS FOR YOUR PROPERTY HERE.  SIMPLY CLICK ON THIS LINK!

 

 

 

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Tagged with housing market trends minneapolis mn coon rapids mn andover mn coon rapids real estate market minneapolis real estate market edina realty mls online mls real estate
Twin Cities Real Estate Market Watch
Posted by Frank D'Angelo on November 15, 2012 in State Of The Local Real Estate Market
Twin Cities Real Estate Market Watch

The Twin Cities Real Estate Market Watch shows a significant swing in both supply and demand categories. The above snap shot provides current inventory levels, off market listings, closed and pending sales in the past 7 days as of 11/15/12.

If I was a potential seller, I'd want to be going on the market with the typical season highes of both expired and cancelled listings. Sellers should consider going against the flow and be featured on the market when inventory levels are lower. There are 12 additional advantages of listing during the holiday season. I'd love to discuss those in person :)

Obtain you HIGHEST PRICE ANALYSIS FOR YOUR HOME HERE:

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Minneapolis St. Paul Real Estate Market Update
Posted by Frank D'Angelo on October 11, 2012 in State Of The Local Real Estate Market

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How to Analyze a Real Estate Property from both a Home Ownership & Investment Perspective
Posted by Frank D'Angelo on September 12, 2012 in State Of The Local Real Estate Market

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Twin Cities Real Estate Market Update. The Skinny for April 2012
Posted by Frank D'Angelo on April 26, 2012 in State Of The Local Real Estate Market

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Obama's new FHA plan allows you to Refinance for Less!
Posted by Frank D'Angelo on March 9, 2012 in State Of The Local Real Estate Market
Obama's new FHA plan allows you to Refinance for Less!

President Obama has introduced a new refinance plan for homeowner's who hold FHA loans that were originated prior to June 1, 2009. Please see the link below for more details. This is the best of both worlds for any FHA loan holders. The monthly mortgage insurance is lowered from today's rate of 1.15% to the old factor you are currently paying of .55%, so the lower rate will not be washed away by increased monthly mortgage insurance like it had been. Also, you do not have to pay FHA a large up front amount... More details here...

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Tagged with obama new fha refinance plan coon rapids minnesota edina minnesota real estate real estate edina mn mn real estate coon rapids city of coon rapids realty mn realty edinarealty mls online mn mls online
Reversing Real Estate Trends in Minnesota
Posted by Frank D'Angelo on March 9, 2012 in State Of The Local Real Estate Market

Reversing Real Estate Trends

Even Ben Bernanke is finally acknowledging a reversing pattern in certain US market places.  The Twin Cities housing market has revealed parallel trends and conditions associated with the balance of supply and demand. For the past few years, the actual supply of single family homes greatly exceeded the effective demand of home buyers. The supply and demand ratios are reversing in the Twin Cities at a relatively blinding pace. Numerous factors have impacted these transitions and they include: Record Housing Affordability Indexes, record low interest rates, increased amount of investors and investor activity (over 40% Cash Buyers), reduced number of pending foreclosures associated with the most recent re-finance programs for homes in a short equity position. Also, the Federal Reserve and other bank regulators have utilized tools and programs to ensure that the banks have enough capital to cover mortgage losses while continuing to lend at such great rates.  Banks have posted incredible consecutive quarters as well which in turn stabilizes the real estate marketplace.

For the past two years, existing homeowners have faced the question: “Should I stay or should I go?  More and more homeowners are just now catching on to the fact that the supply and demand levels have reversed, coupled with the seasonally high period of sales in the marketplace.  Dr. John Tucillo ( Chief Economist) best describes the nations real estate picture using a bathtub analogy.  Picture a bath tub half-filled with water running, the plug removed and the water level remaining the same.  He suggests that when water levels (supply and demand) adjust in either direction; investing in real estate becomes more risky.  In other words, for the first time in years, we’re in a very stable marketplace according to Chief Economist, Dr. John Tucillo.  Potential sellers can further leverage their equity position when making decisions regarding choosing better trained professionals with proven track records of sales.  For example in 2011, EXIT Realty Nexus agents netted their sellers 5.83% more for their sellers than the rest of their competition (Data taken from posted MLS sales in 2011; Original List Price versus Sold Price).  In 2010, EXIT Realty Nexus agents posted a 6.1% higher net sale for their sellers versus their competition.  Sellers are also reversing their trends when selecting their preferred agent who will better serve their bottom line.

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Tagged with edina real real estate edina mn real estate in edina mn edina minnesota real estate local real estate real estate bloomington exit realty nexus mn
Now many Minnesota Mortgages can be reduced with Obama's New Plan.
Posted by Frank D'Angelo on February 17, 2012 in State Of The Local Real Estate Market

 

If you owe less than $729,000 on your mortgage and live in Minnesota, you may qualify for the new regulations and the Affordable Home Program. Under this new plan, the government is trying to force the banks to cut your mortgage payments by up to $12,000 a year…But not all banks want you to known this. Why? Because there are 2 Important Loop-Holes:

1. Most Minnesota Homeowners are Pre-Approved

2. Most Credit Types are Accepted.

President Obama passed yet another  new program called the Home Affordable Refinance Plan (HARP) that allows Minnesota residents an small window of opportunity to refinance their homes at all time low rates and also reduce the amount owing by as much as $12,000 a year.

The catch? There might be a small window of time for Minnesota residents to take advantage of this new regulation. Even consumers who may owe more than their home is worth should inquire into their eligibility. 

It is recommended to be proactive on this because it is not known how long this plan will exist for homeowners to refinance with these new rates and/or even take cash out of the equity in their home.

 THERE IS A VERY LIMITED WINDOW OF OPPORTUNITY HERE.  Contact us for more direction.

 

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Minneapolis St. Paul Real Estate Market Update September 2011
Posted by Frank D'Angelo on October 1, 2011 in State Of The Local Real Estate Market

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