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 [...]
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 [...]
