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Barker and Hedges Real Estate Blog

What $200,000 Buys in New Hope, Minnesota
Posted by Matt Barker on Tuesday, August 20, 2013 at 12:32 AM By Matt Barker / August 20, 2013 1 Comment

Here is MLS # 4380631. This attractive split-level home for sale is located at 2744 Ensign Ave N in New Hope, Minnesota.

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It has 3 bedrooms, 2 bathrooms, and 1,887-square-feet of space. The house is in a fantastic location in a high-demand area.

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Built in 1972, this beautifully updated home features a large master bedroom and an addition that creates an open main level.

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Phasing Out Fannie and Freddie?
Posted by Matt Barker on Tuesday, August 13, 2013 at 12:31 AM By Matt Barker / August 13, 2013 Comment

If you’ve been paying attention to the news coming out of Washington lately, you may have heard that Congress plans to shut down Fannie Mae and Freddie Mac. The plans would phase out the government-controlled mortgage guarantee giants over the course of five years.

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The push to dismantle Fannie and Freddie is a result of the housing crisis the country has experienced. Freddie and Fannie teetered under a crush of massive losses on risky mortgages before being bailed out to the tune of $187 billion, about 2/3 of which has already been paid back to the government.

The House Republican bill would practically entirely privatize the mortgage market, andd limit...

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