--------------------------------- Heavy buyer activity continues in October Minneapolis, Minnesota (November 11, 2009) – Low mortgage rates, affordable supply and the home buyer tax credit kept home sales moving in October. There were 4,676 signed purchase agreements during the month, up 34.4 percent from a year ago—the 16th consecutive month of [...]
By now most of you have heard that the first time buyer tax credit has been extended to April 30, 2010. In addition, there is now a tax credit for current homeowners who have used their home as a principal residence consecutively for 5 of the previous 8 years. This credit also runs to April [...]
This morning I got a frantic call from a new home buyer ( we closed yesterday.) They said that the plumbing wasn't working right in the house they had just bought. I asked what they meant by not working right, and they explained the problems they were having. The home that they purchased in Hutchinson, [...]
Renters aren't immune to too-good-to-be-true pitches. One popular scheme these days involves the perpetrators lifting a real estate agent's online photos and information for an attractive residence that's currently for sale -- and then placing an ad on a free online classified-ads site that purports to offer the house for rent at below-market rates. The [...]
In the past couple of weeks we have helped quite a few buyers find homes to buy in Hutchinson, MN. Many sellers have had their homes on the market for quite a while and aren't interested in carrying them into and through the winter months. So, fortunately for the buyers, they are able to [...]
Minneapolis, Minnesota (October 12, 2009) – Buyer activity took another step up in September as the final days of the federal tax credit for first-time home buyers ticked toward a November 30 deadline, contrary to the typical September slowdown in the Twin Cities housing market. There were 4,986 signed purchase agreements during the month, [...]
We are so fortunate to have companies such as Hutchinson Manufacturing here in Hutchinson, MN. Yesterday they held a ground breaking ceremony for a new plant they are building here in partnership with Westinghouse! This new company will employ about 50 people! Thank you to Tom Daggett and his family for all that they have [...]
In Hutchinson, MN it seems in the last while that the process of short sales is getting shorter. Thank heavens. We have had buyers of homes for sale who have waited up to four months only to find out that the lender who holds the mortgage is not willing to accept the offer that they [...]
Now that fall has arrived, I guess its time for all of us to get our homes ready for the winter months that will be here before we know it. There are a number of very simple maintenance things that you can do to your home to make it more energy efficient and prevent future [...]
Last weekend I talked to a buyer at an open house who told me that she wanted to wait until spring to buy a home (she's currently in an apartment.) I asked her why and she responded "I just don't want to move in the fall or winter." I asked her if she was aware [...]
