Shadow inventory, the very mention of it brings fear to Realtors, Brokers, Mortgage Officers and Homesellers!  The term Shadow Inventory is used to describe the large volume of homes, currently foreclosed and held by banks, just waiting to hit the market. Some fear the Shadow Inventory...

[caption id="attachment_2083" align="alignleft" width="246"] Sellers Succeed by Following the Feedback[/caption] Congratulations to my wonderful clients on a successful closing today! The sellers of this beautiful home in Lakeville bid farewell to the home they owned and diligently maintained for 17 years.  They are moving back to...

Real Estate Trend Report Recently I was asked to participate in an interview for the Spring 2012 Seasonal Real Estate Trend Report.  The report is produced by Keri Henke and the staff at Remax North Central.  I really enjoyed chatting with Keri about the Real Estate...

[caption id="attachment_5666" align="alignright" width="300"] The Month's Supply of Inventory of Homes is much less than at this time last year[/caption] Market sentiment can become a self-fulfilling prophecy. Weekly Real Estate Market Activity Report Just as negative economic news sent a chill through the housing industry over the last...

Where has the Twin Cities real estate market been and where is it heading? I like this video, the message is positive, but  cautious.  The information about local market trends matchs up with what I am experiencing  in South of  River real estate trends, including Burnsville,...

Why are late closings happening so often in today's real estate market? There are several factors contributing to the high percentage of 'Late Closings' in home sales. The Volume of Short Sales and Bank Owned Property being sold. Short Sales notoriously close late because, although approved...

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