Absorption rate is a measure of how many 'months worth of homes' are currently on the market. This is calculated by establishing how many purchases were made in the past 6 months within a given set of parameters. Next, we find how many homes are...
[caption id="attachment_539" align="alignright" width="300"] Artist's Rendering of Future Development for Rosemount, on the UMore Park Land[/caption] Rosemount recently acquired 27+ Acres from the Umore Park land to develop city parks and recreation facilities. Rosemount city officials have developed and passed the Pedestrian and Bicycle Master Plan. ...
The availability of HUD Homes South of the River is increasing steadily. A HUD Home is a specific type of foreclosure. The loan on the home was an FHA , a type of loan ensured by the Federal Government. When these homes fall into foreclosure,...
[caption id="attachment_1355" align="alignright" width="200"] Senior Living Options[/caption] The new Ecumen Seasons at Apple Valley is set to open on March 1st, 2011. The 134 unit apartment building is open to residents who are at least 62 years wise! The units feature 1 and 2 bedroom apartments...
City of Apple Valley Tree and Shrub Sale: Orders begin March 14, 2011, Sale will be April 30,2011. They are also offering two new tree species this year - Honey Locust and Hackberry. Take advantage of this fantastic Apple Valley program, it's a chance to purchase...
One of my clients has been quite successful buying, renovating and reselling homes. Would you like to flip this Apple Valley house? My clients have completed 3 in the past 8 months. Their success and profitability buying and selling homes South of the River can be...
New Townhomes were built all through Apple Valley, Rosemount, Lakeville and Farmington during the booming market. Many of those complexes are classified as Condominiums instead of Townhouses. There can be some challenges when buying a Condominium or Townhouse, specifically the financing of a Condo can...
[caption id="attachment_1370" align="alignright" width="300"] Loans for Condos and Townhouses[/caption] Financing Condos in today's real estate market is more difficult and sometimes more expensive than buying a Townhouse. The reasons are related to financing and insurance. Click here for a definition of the difference between Condos and Townhomes. 1) Condominium...
