The mortgage business has gone from lending money to anyone that has a pulse to scrutinizing absolutely every little thing when a buyer's application is submitted for approval. This isn't all bad, it's just that the buyers have to be absolutely squeaky clean with no unanswered questions in order to get a mortgage today. I'm [...]
April 18 - 25, 2009 is American Home Week and we are proud to have helped so many families during the past 24 years become homeowners. Home ownership is so much more than the bricks and mortar of the home. It's becoming a part of the neighborhood and community. It's giving families a place where [...]
It was recently announced that Hutchinson has been selected as Minnesota Moments's 2009 "Best Hometown in Minnesota!" We couldn't agree more. There are so many positive things happening in Hutchinson, MN and the real estate market is just one of them. There are many new homes on the market for sale and seem to be [...]
Recently one of our clients learned a hard lesson. Some time ago they had co-signed a loan for one of their children. Now, they were purchasing a new home in Hutchinson, MN only to find out when they applied for their mortgage, that their child had been late a couple of times on the loan they had [...]
Finally, the media is reporting the good news that is happening in the real estate market. We've seen so much negative print over the past year, that we are elated that the media has decided to recognize positive happenings in the real estate market. Pending sales are out performing last year by some 24+ percent [...]
What a beautiful weekend we had and it looks like the rest of the week is going to be very mild as well. We survived winter! There were a few weeks that I wasn't so sure why we chose to make Hutchinson our hometown, but then I remembered. The Hutchinson Leader's editorial last week said [...]
The real estate market in Hutchinson, MN is continuing to come alive. Right now, there are less homes for sale than there were a year ago and the pending sales have shown an increase over a year ago. (Pending means that a purchase agreement has been written by a buyer and the seller has accepted [...]
A few weeks ago I talked about the multiple offers that we were starting to see. Well, that's intensifying with the "spring" market approaching. There are alot of buyers that have been making offers on homes in the last couple of weeks and many of them on the same houses. It's very encouraging to see [...]
Last fall I heard an economist speak to a group of real estate people and mortgage brokers. He spoke about what we could expect in 2009 in our industries. He told the mortgage people that there was good news and bad news for them. The good news was that the interest rates would drop and [...]
Even though the real estate market in Hutchinson, MN is still quieter than we'd like, we are starting to see multiple offers come in on quite a few properties. That certainly is a good sign! There are buyers out there just waiting for the right "deal" to come along and when it does, the buyers [...]
