Archive for July, 2008
Minneapolis Real Estate Foreclosures are Tapering Off
July 31st, 2008 Categories: Minneapolis Home Buyers and Sellers, North Minneapolis, Real Estate News, Twin Cities Real Estate Economy
Good News - Bad News in the Real Estate Foreclosure Market
While the number of foreclosures is dwindling in North Minneapolis, they are rising in Hennepin County. It’s all a matter of time before these numbers shrink, as well. President Bush just today signed a bill to aid financially strapped homeowners and banks.
This situation has been a huge eye-opener for all of us in the real estate profession, as well as, those of you who have been considering buying a home. The rules have changed and we will now deny people who cannot afford to buy homes the chance to ruin our economy and mooch off us taxpayers.
Tough talk, tough times
I’m in the real estate business for the long haul, so I consider this a short term problem that will not affect my resiliency. I will continue to have a positive attitude about the future of our country and it’s economic growth.
I hope you will, too!
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Plymouth, MN Real Estate - Current Housing Statistics - June, 2008
July 20th, 2008 Categories: Plymouth Current Housing Statistics, Real Estate News, Twin Cities Real Estate Economy
Here are the latest statistics from the Minneapolis Area Association of Realtors for Plymouth. The chart explains itself, but in a nutshell, there were a whopping 9.5% less single family homes on the market by the end of June this year than last year.
The housing affordability has not been this good since 2004, according to the association. I believe that we’re near the end of the price cuts, too. Plymouth’s average sales price for June alone was 16.5%.
Ready, buyers?
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Top 100 rank: #1 Plymouth, Minnesota!
July 18th, 2008 Categories: Plymouth "News", Plymouth Current Housing Statistics, Real Estate News, Twin Cities Real Estate Economy, Wayzata Public Schools
What’s so good about Plymouth?
Heck, I live here so of course I’m going to have a few complaints here and there. But mostly, the place is great.
- Boring? Yes.
- Safe? Yes.
- Value? Yes.
- Pretty? Yes.
- Gorgeous? No.
- Rockin’? No.
- Serious? Yes.
- Crazy? YES!
Why? Well, Plymouth stretches from Highway 169 to a little past Highway 101. The vastness of this area makes for a huge difference in types of population (demographics).
For the most part, the east side reflects Armstrong High School and a lot of apartments and Section 8 town homes. Not that there’s anything wrong with that!
The west end is made up of single family homes that range anywhere from $200,000 to $1,000,000. Yes, that’s right…$1,000,000. The majority of kids go to Wayzata High School. But there are Section 8 town homes and condos in this neck of the woods, as well.
Check out my real estate website at www.JeanieHoholik.com for all homes available in Plymouth.
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Plymouth, MN Ranks # 1 in 2008 for Best Places to Live!
July 14th, 2008 Categories: Plymouth "News", Real Estate News, Twin Cities Real Estate Economy, Wayzata Public Schools
An interesting article came out today mentioning the Top 100 places to live in the United States. Money Magazine has deemed Plymouth, MN as number one. Wow! That’s a pretty big deal!
Here’s the story…
http://money.cnn.com/magazines/moneymag/bplive/2008/1. Plymouth, MN
Plymouth’s numerous lakes are a magnet for boaters, water skiers and fishermen.
WINNER
Top 100 rank: 1
Population: 70,100
Compare Plymouth to Top 10 Best PlacesTopnotch schools, good jobs, affordable housing, low crime, an active outdoor culture - yep, they’re pretty much all here. Plymouth could have become just another Twin Cities suburb, but more than 50,000 jobs keep residents working there.Home prices are within reason: The typical three-bedroom, two-bath house goes for $350,000. The city’s main school district is ranked among the top three in the state, and for culture, Plymouth’s open-air amphitheater, the Hilde Performance Center, hosts numerous summer concerts. Residents are a quick drive from the Mall of America, the nation’s biggest mall.
And did we mention the outdoors? Plymouth boasts more than half a dozen sizable bodies of water. Of course, this being Minnesota, winter can be brutal: January’s average low temperature is about 13°F. But when the mercury plummets, the locals get busy. In February the city hosts a Fire & Ice Festival that includes mini-golf, bowling and basketball - all right on the ice.
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“You Smell Good”…There are Angels in Wayzata!
July 11th, 2008 Categories: Home Style, Real Estate News, Taste Minnesota, Wayzata News
I got off to a bad start this morning what with a purchase agreement that’s been pending for too long and other various annoying events.
I picked myself up by my bootstraps and headed down to Wayzata to go grocery shopping at Lund’s. As I was checking out, a nice young man, who was packing my groceries said, “You smell good.” I can’t tell you how that one little sentence lifted my spirits!
He’s an angel.
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Maple Grove Days Are Here Again!
July 7th, 2008 Categories: Maple Grove Stuff, Real Estate News, The Good Life
Yay! It’s Maple Grove Days again! Check out the link for your event map and schedule. See you there!
http://www.maplegrovedays.com/
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