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Tuesday, December 27th, 2011 at 2:46pm. 1009 Views, 0 Comments.
It has been an interesting year in the world of Twin Cities real estate. There have been ups and downs, twists and turns. And we've discussed some of the interesting developments here in this blog! Read on to find out what the top Barker & Hedges real estate posts were for 2011.
Unique Home: Former Donaldson Mansion for Sale in Minneapolis
It is nice to daydream once in a while, right? It was fun to imagine living in the Former Donaldson mansion, too. The 10,000-square-foot home at 1712 Mount Curve Avenue in Minneapolis was listed for a price of $6,500,000.
Minneapolis Among 18 "Coolest" Cities in America
Men's Journal Magazine proclaimed what Twin Cities residents know when Minneapolis was selected as one of 18 "coolest towns in America." The editors say its…
Thursday, December 1st, 2011 at 8:27am. 912 Views, 0 Comments.
Local and national housing statistics indicate that the real estate markets in the Twin Cities and surrounding areas are still struggling. Here are brief summaries of three recently released Twin Cities real estate reports:
- The Case-Shiller Home Price Index, which follows repeat sales of properties, indicated that during September, prices in the Minneapolis - St. Paul metro area were down 7.4% compared with 2010 and down just 0.9% from August.
- A report from the Builders Association of the Twin Cities showed that Twin Cities home builders requested about the same number of permits in November of this year as they did in 2010. However, the number of units they planned to build decreased from 685 to 442. Construction activity for the year overall is down…
Friday, November 18th, 2011 at 6:50pm. 735 Views, 0 Comments.
It is that time of year. Once again, the Midwest Home Show has made its appearance in the Twin Cities area.
The Midwest Home Show is at the Minneapolis Convention Center from November 18 through th 20. At the event, more than 200 of the Twin Cities’ best remodelers, landscapers, designers, retailers and home improvement specialists will display latest home and garden trends and products throughout its halls. Experts in each aspect home ownership, improvement, remodeling and repair will be available to answer questions.
Check out the Midwest Home Magazine website to learn more about the 2011 Midwest Home Show.
Monday, October 31st, 2011 at 11:54pm. 13791 Views, 0 Comments.
Minneapolis has received a $750,000 grant for North Side tornado repairs from Minnesota's Housing Board.
The money is to be dispensed in interest-free loans of up to $30,000 repayable when the house sells. The 30-year interest-free loans will be available for households earning less than 115 percent of area median income.
In other closely related new, an arrangement has been worked out for Minneapolis homeowners with tornado damage to access loans from a separate $1 million Quick Start fund that was awarded to the city by the state. So far, only five North Side homes have received Quick Start money, for a total of about $150,000.
Source: Star Tribune
Monday, October 3rd, 2011 at 12:59am. 1506 Views, 0 Comments.
Fall is in the air! The leaves are turning gold and red, but there are still some great green initiatives and events happening in Minnesota. There are plenty of people ad local communities working towards a cleaner environment for all Minnesota residents. Read on to find out more.
The annual report on organic farm performance from the Minnesota Department of Agriculture and University of Minnesota said 2010 was a good year for organic farms. "Profits improved but were not outstanding." Balance sheets, however, were on average very sound as they headed into 2011. The report said that after a difficult 2009, the median organic producer earned a net farm income of $62,463 in 2010. That was a sixfold increase over 2009 and was consistent with returns earned in…
Tuesday, September 20th, 2011 at 1:00am. 1230 Views, 1 Comments.
For the second year in a row, RE/MAX Results is hosting its Results.net Film Festival, a contest in which amateur film-makers and video enthusiasts can creatively highlight their community.
RE/MAX Results wants to know what you like about your city or neighborhood. What makes it great? What makes it tick? Show us the heart and feel of your city or neighborhood. Use comedy, drama, documentary or whatever format you desire, but the very most important thing - be creative!
To enter the contest, submit a video using one of the three methods described in the Rules and Regulations. The length of the film must be less than three minutes. Entries that are derogatory towards another community, any company or business or any person, group of people, race or religion…
Tuesday, September 13th, 2011 at 1:31am. 861 Views, 0 Comments.
The Minnesota community of Circle Pines has been named the third-most "Perfect Suburb" in the country by CNBC.
Analysts at Location Inc. based their rankings on affordable housing, good schools and employment, low crime, and reasonable commutes. They chose the 10 metropolitan areas with the lowest unemployment rates and then factored in the other variables. At the top was Edmond, Okla., followed by Kensington, Md., in second. No other Minnesota cities made the list.
With 5,407 residents, Circle Pines is one of the smallest cities on the list, but it boasted some high marks:
Suburb of: Minneapolis – St. Paul
Metro area unemployment rate: 6.5%
Median house value: $203,954
Safer from crime than this percent of all U.S. communities: 55%
Circle Pines is a small city…
Sunday, August 28th, 2011 at 7:24pm. 729 Views, 0 Comments.
There are some great green initiatives and events happening in Minnesota, contributing towards a cleaner environment for residents. Read about how local communities are working towards creating a more environmentally-friendly world. There are more entries than usual this month!
Prodded by a homeowner whose prairie plantings were mowed against his will, the city of Minneapolis has come up with a plan to let lawns go natural. Some suburbs have already taken the step of allowing natural plantings in place of grass, accepting their environmental benefits over the objections of some neighbors who think they look unkempt. The proposal defines the new type of landscaping as an intentional planting of native or non-native grasses, wildflowers, ferns, shrubs,…
Tuesday, July 26th, 2011 at 5:34pm. 811 Views, 2 Comments.
It's summer in Minnesota! The sun is shining, the rivers are flowing and the winds of sustainable change are blowing throughout Minnesota. Read about how local communities are working towards creating a more environmentally-friendly world.
Edina's new public works building, which formally opened this spring, was built with sustainability in mind. It has geothermal heating and cooling and used recycled materials and its landscape was designed to minimize the development's impact on the environment. A rain garden holds and infiltrates water from sloping parking lots. Native grasses and plants are growing in "no-mow" areas between the sidewalk and the parking lot. Once they're mature, those native plantings should need little care.…
Tuesday, July 19th, 2011 at 12:52am. 1201 Views, 1 Comments.
Pending home sales initiated in June within the Twin Cities area were among the highest in nearly five years. Buyers may be taking advantage of low prices and near-record low mortgage interest rates before they start to climb.
The Minneapolis Area Association of Realtors reports that though there are some good signs occurring in the local Twin Cities residential real estate market, there's still a ways to go. Though pending sales rose in June, closed sales fell 11.4% compared with a year ago. The median sale prices fell 9.3% from a year ago to $165,000. That is still better than March's low of $140,000.
It's unclear whether the latest uptick in buying activity is a blip or a sign of a sustained recovery, given an economy still struggling to gain traction and…
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