Thursday, February 28, 2013

Home and Leisure Show!

March 15th and 16th marks the 14th annual Home and Leisure Show hosted by the Eagan Civic Arena! The show hours are Friday from 3-7 P.M. and Saturday 9A.M. to 3P.M. Over 80 Vendors will be there to showcase their products and services! Admission is free! So if you are looking for your next home related purchase, or you just want to get a feel for the latest trends, this is your event! for more details click here.

Wednesday, February 20, 2013

Apple Valley Market Update!

Changes in the real estate market are happening, and the recovery of the market is becoming more publicly known. Since last January, the inventory of available homes in the twin cities has gone down 32.2%! The recovering economy and low interest rates means more people are looking to buy houses, therefore, demand is rising. If you aren't sure why this is significant, it means that prices are rising! The median sales prices of homes in the twin cities has risen 14.3% since last January.

The Apple Valley real estate market is booming! The median sales price has risen 30.2% to $185,000 in the last year! Home owners are finding relief and peace of mind in this market turnaround. The average time on the market for a sale is under 100 days. This is all good news for people who are looking to sell their house. It is also good news for buyers, knowing that the market will more than likely put them in a good position for a quick gain in equity. Click here for a more detailed look into the Twin Cities market.

Sunday, February 17, 2013

Everything you need to learn the Twin Cities real estate market.

The Minneapolis Association of Realtors website offers a very unique tool to help people learn about the real estate market of the twin cities. This tool is great for everyone from home buyers and home sellers, to real estate investors, to individuals who just want to learn more about the market. This tool is appropriately called, "The Thing".

"The Thing" lets you search for information on any part of the metro area you wish. It really has every metric you could think of. Click here to learn more about the real estate market using "The Thing"

Wednesday, February 13, 2013

Summer is Just Around the Corner!

An early spring means an early summer! That means it's time to start thinking about the water again! District 196 Community Education is offering swimming lessons and competitive swimming classes for all ages. They offer caring and dedicated Red-Cross trained instructors in order to offer you and your children the best possible service in a friendly environment. Click here for more information about District 196 Community Education swimming lessons.

District 196 also offers open swim events scheduled until the end of march! These open swim events are going to be located either at Scott Highlands Middle School or Black Hawk Middle School. For more information and specific times click here.

Are you an advanced swimmer? District 196 has a class for that as well! They offer training for grades 3 and up who are interested in competitive swimming. Adult fitness classes are available as well triathlon training! If you would like more information on competitive swimming click here.

Sunday, February 10, 2013 joins Re/Max's vendor network.

RE/MAX has included into it's approved supplier program, which gives all of its 90,000 agents access to the vendor's marketing platform. has been a very successful real estate listing and marketing company for quite some time, and RE/MAX knows that this is a good move. Around 90 percent of home buyers start their search online, so this partnership will give RE/MAX's associates a greater web presence, which in turn will help them provide a higher level of customer service.

Wednesday, February 6, 2013

Are the mortgage rates as low as they will go?

Mortgage rates have risen very slightly for three out of the past four weeks. It has been two months since we have seen the lowest recorded rates of 3.31 percent for the average 30-year fixed-rate loan.

Frank Nothaft, (Chief Economist for Freddie Mac) seems to think that the all- time low rates may be behind us. Nothaft foresees the rates to climb up to 3.75 percent by years end, and move to above 4 percent the next year.

The rates will still be very favorable for new home buyers for a while, however, home owners exploring the option of a re-finance shouldn't wait around too much longer if they want to lock in with these historically low rates. As the economy shapes up, rising rates are a natural occurrence. They will fluctuate a little, but the days of 3.31 percent may be gone.