Monday, November 5th, 2012

Over the course of the year, we’ve cleverly devised new tactics each week to communicate just how far the market has come. This week is no exception. Most level-headed housing advocates agree that lower residential vacancy rates are a good thing. Well, chalk one up for level-headed housing advocates, because Reuters just reported that the U.S. residential vacancy rate fell to 1.9 percent in the third quarter. That’s the lowest level in seven years. It’s just the latest installment of overwhelming bullish housing news.

In the Twin Cities region, for the week ending October 27:

  • New Listings decreased 3.0% to 1,037
  • Pending Sales increased 11.1% to 914
  • Inventory decreased 28.8% to 15,700

For the month of September:

  • Median Sales Price increased 12.7% to $174,625
  • Days on Market decreased 28.5% to 101
  • Percent of Original List Price Received increased 4.1% to 94.8%
  • Months Supply of Inventory decreased 38.8% to 4.1

Click here for the full Weekly Market Activity Report.

From The Skinny.

Posted in Weekly Report |
Friday, November 2nd, 2012

Home for Rent – Available January 1st 2013

There are 132 rooms, 35 bathrooms, and 6 levels in the Residence. There are also 412doors, 147 windows, 28 fireplaces, 8 staircases, and 3 elevators. With 55,000 square feet of space, it is one of the largest houses in the United States

1600 Pennsylvania Avenue – Washington DC

Call me if you have any questions about this unique property!

Friday, November 2nd, 2012

Home for Rent – Available January 1st 2013

There are 132 rooms, 35 bathrooms, and 6 levels in the Residence. There are also 412doors, 147 windows, 28 fireplaces, 8 staircases, and 3 elevators. With 55,000 square feet of space, it is one of the largest houses in the United States

1600 Pennsylvania Avenue – Washington DC

Call me if you have any questions about this unique property!

Wednesday, October 31st, 2012

 

Moving day is a giant logistical hassle, but a missed detail can make it much worse.

By Jason Notte of TheStreet

Moving day is a giant logistical hassle before you get to the minutiae. A missed detail just makes it that much worse.

Renting a truck, hiring movers and getting stuff packed up and out of the house are the relatively easy portions of the move. Only when you get second notices forwarded to your new address or the lights cut off as you’re packing up the old place do you realize how much the little things add up.

In the interest of saving readers some hassle while they plan to ship out, we contacted the American Moving and Storage Association and asked about common oversights that people made while planning long or involved moves. The following 10 items are usually the easiest to overlook and the toughest to just shove into a garbage bag with the contents of the junk drawer at the last minute.

Click Here For More

Wednesday, October 31st, 2012

 

By Tara-Nicholle Nelson

For all the focus we put on transactions – buying and selling –the truth is that for most of your life as a real estate consumer, you’ll be a homeowner. And because your home is so much more than just a transactional asset, a widget to be traded and tweaked only for financial reasons, it makes sense to spend some portion of your time, energy and money making it really work for you.

Unfortunately, what too many of us do is wait until we can save up or pull out tens or hundreds of thousands of dollars to make a major move: build on an addition, gut and remodel the kitchen, turn the basement into a media room extraordinaire. And many times, that means we never do the project, or we only do it when it’s time to sell and move.

The fact is, there are numerous remodeling projects that can crank up your enjoyment factor at home, for the much more accessible sum of $10,000. Here’s my hit list of the top 10 things you can do for 10K, if you’re in your home and planning to stay put for a while:

Click Here For More

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