Looking for a fabulous condo with all the updates and a location to die for? Proudly introducing you to MLS #4483720. This beautifully remodeled condo features an open floor plan, hardwood floors, granite kitchen counters, stainless steel appliances, in-unit washer and dryer, and your own garage!
Only 4 blocks to the heart of Edina's 50th & France. An easy walk to the shops, restaurants and other buisinesses in this coveted location or continue just a few blocks further to the prestigious Fulton and Linden Hills neighborhoods, Lakes Calhoun and Harriet and Minnehaha Creek.
The Linden Hills and Fulton neighborhoods are two of the best locations to live in all the Twin Cities. Aside from only being minutes away from both downtown Minneapolis and St. Paul, the area sits in close proximity to the international airport and the Mall of America – and because the neighborhood is on the west side of the metro, it’s only a short drive to the scenic Lake Minnetonka. And on that note, the area itself has plenty of outdoor space that feels anything but urban.
Near the Linden Hills and Fulton neighborhoods sit plenty of bodies of water worth spending time around – Minnehaha Creek, Lake Calhoun, Cedar Lake, Lake of the Isles and Lake Harriet are all in close proximity. These options are a godsend for anyone who appreciates the outdoors, loves a good beach or water activities.
Minnehaha Creek is one can’t miss spot in the area, flowing 22 miles east through many Minneapolis suburbs. The creek flows into the gorgeous Minnehaha Falls, a huge attraction in the Minneapolis area. The 53-foot high waterfall is a beautiful escape for the urban life that surrounds the area.
There are also many fantastic parks in the area. Residents can chose from Utley Park, York Park, Arden Park, Wooddale Park, Pamela Park, and more. Minneapolis is an ever-growing city,...
As we emerge from the seemingly never ending polar vortex, the real estate market is beginning to show signs of life. The most recent market stats continue to favor home sellers with lower inventory and higher median sale prices. Here is a breakdown of the year over year stats for a few key categories:
- New Listings: DOWN 16.9% over last year.
- Homes for Sale (inventory): DOWN 9.1% over last year.
- Median Sale Price: UP 12.4% over last year.
To give a little more context to this information, there are just under 12,000 homes for sale in the Twin Cities right now and last year at this time there were just over 13,000 home listings and those following the real estate industry were noting at that time that the overall listing inventory was exceptionally low...and now it is even lower. The lack of available homes is causing median and average sale prices to increase. If you would like more information about the market stats in your area, please visit our Twin Cities Market Statistics page for additional information that is updated daily.
MPR recently did a story about the proliferation of private
sales in the Twin Cities real estate market. I thought that I would take some
time to talk about what a private real estate sale is and what its pros and
A private real estate sale, otherwise known as a “sleeve”
listing or a “pocket” listing, is a property for which a broker holds a signed
listing agreement from the seller, but it is never actually advertised on a
multiple listing system (MLS). Instead of putting the house on the local MLS,
which exposes it to home buyers and buyer agents, the real estate agent
restricts access to information about the house, hoping for a quick sale.
Pocket listings are surging in the local Twin Cities real
estate market, and in many other places in the U.S., because of incredibly low
inventories of homes for sale, along with strong buyer demand and low mortgage
interest rates. In competitive markets where real estate listings are scarce, private sales
or pocket listings are a way to have utter control over the sale.
The practice of marketing properties prior to listing them
on the MLS is legal as long as agents explain
the trade-offs sellers are making.
There are benefits for the seller. As...