Not Getting What You Don’t Pay For It won’t show up in my 2012 sales statistics (or my bank account), but one of the more protracted deals I was involved with this past year was helping a good friend (and repeat client) buy a $63,000 St. Paul foreclosure. Why no record of the deal? Because I...Read More
Minneapolis Property Tax Sticker Shock: Exhibit A B C D E W(??) Where: 2737 Lake of the Isles Parkway in South Minneapolis. What: 1903 Dutch Colonial with 5 BR/5 BA and over 5,000 finished square feet. The home is a foreclosed property being sold by the lender, Bank of America. When: approaching 2 years of market...Read More
“$!#!%#@! Case-Shiller” A lot of Twin Cities Realtors today are muttering variations on the above in the wake of yesterday’s latest housing statistics. If you’re not aware, Case-Shiller’s just-released March numbers indicate that the national housing market has officially now re-tested its lows (“double-dipped”), and that Minneapolis is the worst performing major U.S. market over the...Read More