With the latest unemployment numbers showing that Hutchinson, MN is at an all time high of 12.1%, now is the time that each of us needs to reach out to those who need us. In talking to Common Cup, The United Way, and the Food Shelf, the needs are becoming huge here in Hutchinson, MN. [...]
The $8,000 stimulus package tax credit is set to expire November 30, 2009. Many loans today are taking 60 days to process and close, so there isn't much time left. Interest rates continue to be favorable and there is a good supply of well priced homes for sale. So, if you are thinking about buying [...]
According the the Regional Multiple Listing Service, home sales are up 16.6% over last year for the same period (the week of 7/12 - 7/18.) This is great news. The year to date comparisons show that in Hutchinson, MN our sales for the first six months of 2009 were considerably less than the same time [...]
In April, 2009 it was announced that the Minnesota Moments magazine had declared Hutchinson the 2009 Best Home Town. The magazine article is now out and reflects very nicely on our community. We have so much to be proud of here in Hutchinson and this magazine has done a good job portraying what a wonderful [...]
All you have to do is drive around Hutchinson, MN to see that there are many rental units available right now. The last time I remember this many vacant units was back in 1999 when Hutchinson Technology had a significant layoff of employees. I suspect that is the same reason we are now seeing so [...]
Now that sellers are having wonderful success with selling their homes here in Hutchinson, MN., everyone is learning the meaning of patience. It seems that all the mortgage companies and lenders have down sized their staffs to the point that now they cannot process the files in a timely manner. Many of the closings are [...]
The housing market in Hutchinson, MN appears to be on the road to returning to some normalcy. Our spring real estate market has been very active as compared to last year. Currently there are 196 homes for sale in Hutchinson, MN and there are 37 pending sales. A lot of the activity has been in [...]
It was just announced that buyers who use FHA for their financing will be able to use the $8,000 tax credit for their down payment. This is good news because most buyers need the $8,000 in order to purchase a home more than they need it after they have already bought. The National Association of [...]
It took us long enough to get the word out to everyone that the stimulous package that was passed earlier this year has a wonderful GIFT in it for people who have not owned a home for three years! This GIFT will be given to buyers who occupy their home by the end of November, [...]
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 [...]
