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Saint Paul, MN Real Estate News

By Casey J. Anderson
(IBR Realty)
The Search for homes in Saint Paul There are a few ways to find homes for sale in Saint Paulthat I would like to tell you about. As most home buyers begin their search for their dream home on the web, I am finding that far too many miss out on all of the possible opportunities to search for the right home. I would like to talk with you about the pros and cons to each of these various methods for finding homes for sale in Saint Paul. Finding Saint Paul homes For Sale On The World Wide Web One of the first places to start is to go to my website to search for all of the available homes from all of the local brokers, with all of the details available. Large national websites leave out much of the important details such as property taxes due to the size of their websites. However when buying...
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By Shar Sitter, Home Staging and Redesign Minneapolis/ St. Paul, M
(Rooms With Style)
I Went to a Show Last Night and I Didn't Walk Out! In a post this weekend I told about a particular movie I had attended with my husband that was disgusting and we walked out. Well last night was not the case for us. We attended the Broadway Production of "9 to 5" at The Ordway Center for the Performing Arts in St. Paul, MN and it was terrific.       It was 1979, the time of shoulder pads, afros, Donna Summer, Farrah Fawcett, Micheal Jackson, Pet Rocks, and the movie staring Dolly Parton, Lily Tomlin and Jane Fonda.     The Broadway Production of this movie was hysterical, the voices were amazing and the actress playing Dolly nailed her perfectly. Most of the actors had received Tony awards or been nominated for them.     Dolly showed up too....well not live but in a taped version of he...
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By Shar Sitter, Home Staging and Redesign Minneapolis/ St. Paul, M
(Rooms With Style)
Yes....That's What I Said. This is Part 5 in my 4 Part Series on "Home Staging is More Than De-Cluttering and Moving Furniture". So don't tell me I can't count, I know, I know! I first told you that this would be a four part series featuring one home and suggestions I made in each room. I wasn't going to include the bedroom as....ah, boring. I wasn't going to include the kitchen because that had been a separate post. But then I thought, why not highlight the Master Bedroom even if the suggestion was basic; and why not show the kitchen again for those that missed it since it is all the same house. So, the bedroom.     My suggestion: buy some simple luxurious bedding and make this room feel like the best Five Star Boutique Hotel you have ever been in. Think escape, retreat, a sanctuary fr...
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By Barb Goerss, Helping You With All 14 Moves You'll Make
If you are facing the reality of a potential foreclosure on your home in Highland Park, St. Paul, MN, you’re probably considering the option of a short sale. It can be a very confusing process, and one that you shouldn’t attempt without experienced professionals helping you through it – both legal help and real estate help. But is a short sale better for your credit in the long run than a foreclosure? There has been some confusing information put out in the past few months, but the bottom line is still the same: yes. A foreclosure is always the worst option if you have other options available to you. According to the Distressed Property Institute: Each borrower’s credit situation is different, and the way that a creditor reports a short sale to bureaus is different. The reality is that ...
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By Barb Goerss, Helping You With All 14 Moves You'll Make
Ready to buy a home in St. Paul, MN? There are all kinds of things you’re likely thinking about. What kind of house do you want? Which neighborhoods are you most interested in? Before you get really invested in thinking through a lot of these kinds of issues, however, you want to have some fundamentals together. CNNMoney gives a good “Top Things to Know” list for buying a home: 1. Don’t buy if you can’t stay put. I think this is a lesson that most buyers understand these days. Selling is currently much harder than buying, so investing in real estate that you don’t plan to keep for a while is likely not a good plan. 2. Start by shoring up your credit. Start with your credit report and make sure that everything is correct. Don’t wait until you are applying for a mortgage to find out that ...
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By Barb Goerss, Helping You With All 14 Moves You'll Make
Want to sell your Grand Avenue, St. Paul house? You would be well-advised to study recent buyer trends when it comes to home priorities. Ron Phipps, president of the National Association of Realtors, lists several noted trends that show what buyers are looking for. Some may surprise you! Among them: Homes in Good Condition This may seem like a no-brainer; everyone wants a home in good condition, right? The point, however, is that fewer and fewer buyers are interested in DIY fixer-uppers. They want homes that are ready to move into, with all necessary repairs completed, and completed well. As Phipps notes, “They have enough money to buy but not to buy and improve.” Kitchens and Baths These are always extremely important rooms in the house, but buyers of nicer homes are now looking for an...
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By Shar Sitter, Home Staging and Redesign Minneapolis/ St. Paul, M
(Rooms With Style)
Home Staging Isn't Just About De-Cluttering and Moving Furniture Around - Part 2 Home Staging Minneapolis, MN If you saw my Part 1 of this series you will remember that I am showing pictures of one home and suggestions I made in each room. Part 1 showed the Family Room and now lets take a look at the Living Room. It was the first room you saw inside the front door. Yes the client was moving but they never really used this room so it was empty and neglected. The focal point of the room is the fireplace and it isn't looking very happy. The light blue walls are actually making it look even more tired.       Here is the room after. Modern furnishings were rented from my warehouse since the room was empty and needed to set a great first impression. But other than the difference with the furn...
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By Barb Goerss, Helping You With All 14 Moves You'll Make
The Highland Park neighborhood in St. Paul, MN is a great area to live! With beautiful homes, parks, golfing and shopping, it’s no wonder that it’s a very popular area for potential home buyers be looking! Nevertheless, buyers need to be careful to avoid some of the most common mistakes when looking for a house, even in a wonderful area like Highland Park. In this article, Amy Fontinelle outlines eight of them, a few of which are: Falling in Love With a House You Can’t Afford We’d all love to live in a home that’s several steps up from the one we can actually afford. And with house prices dipping so low these days, there can be a temptation to get that “amazingly good deal” on a house that was once unthinkably expensive and is now only moderately out of your price range. Resist that tem...
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By Charles Dailey
(iLoan - NMLS ID#1947845)
Each person’s personal circumstances and long term objectives determine the type of mortgage they choose. For the past couple of years, the clear favorite has been the 30 year fixed rate mortgage because the yield curve between short term and long term bonds has been flat. When this happens, there is very little difference in the interest rates between adjustable rate mortgages (ARM’s) and fixed rate mortgages. But things are changing. That yield curve is bending and significant differences between fixed rate mortgages and ARM’s are emerging. What’s more, people are becoming more and more mobile. Consequently, they don’t need as much interest rate security as they did in the past. First, let’s pinpoint the current average life of a mortgage loan. To do this we need to know how quickly, ...
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Highland Park Remodel Quick Links Mendota Heights Homes for Sale Highland Park, MN Homes for Sale St Paul Homes For Sale Minneapolis Homes For Sale What is your home worth? Short Sale Homes For Sale Mortgage & Refinance Avoid Foreclosure See Property Details Call: 612-240-2535 for more information on this or any other property. Information valid for the date of this posting only. Please contact us for the most current information and status of this property. Visit Property Website Courtesy : Tom Gergen tom@tomgergen.com 612-240-2535 Updated Highland Park bungalow with new furnace, plumbing, electric, fence & roof. Hardwood floors, remodeled kitchen with granite & stainless steel. Remodeled bathroom with ceramic tile & clawfoot tub. All expensive updates are complete. 1239 Bayard Avenue...
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Highland Park Remodel Quick Links Mendota Heights Homes for Sale Highland Park, MN Homes for Sale St Paul Homes For Sale Minneapolis Homes For Sale What is your home worth? Short Sale Homes For Sale Mortgage & Refinance Avoid Foreclosure See Property Details Call: 612-240-2535 for more information on this or any other property. Information valid for the date of this posting only. Please contact us for the most current information and status of this property. Visit Property Website Updated Highland Park bungalow with new furnace, plumbing, electric, fence & roof. Hardwood floors, remodeled kitchen with granite & stainless steel. Remodeled bathroom with ceramic tile & clawfoot tub. All expensive updates are complete. 1239 Bayard Avenue, St Paul, MN 3 Bedrooms Bathrooms : 1 Full List Pric...
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Well the first quarter numbers for Highland Park are out and they aren't great. Here's the "in a nutshell" results The Bad: - The median sale price in Highland Park in the first quarter was $205,590, down 11.5% from the 1st quarter of 2010. - The days on market in Highland Park was 161 days, up a whopping 43.6% from 1st quarter 2010. The Not So Bad: - There were 36 closed sales in Highland Park in the 1st quarter which equals the 1st quarter of 2010 - New listings in Highland Park are also up 4.6% The culprit appears to be more foreclosures and short sales entering the market. Of the 36 sales that took place in the 1st quarter, 9 were foreclosure or short sales. If we were to remove those 9 sales the average sale price of the remaining 27 properties was $284,451. A clear indication that...
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By Mark R. Westpfahl REALTOR Broker, e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
(Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs)
Homes For Sale in St. Paul, MN   call Mark Westpfahl mark@realty.tc   651.208.9848 REALTOR®     HARMONY HOMES Realty Are you searching for a Midway area home? Call or email when you need more information or a showing of any twin cities house on the market. For many people, it's a great time to find a home to own in St. Paul, MN. Call Mark Westpfahl at 651.208.9848 for more information about any twin cities home on the market.   Click here for The City of St. Paul  
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By Mark R. Westpfahl REALTOR Broker, e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
(Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs)
Como Park Homes. Homes For Sale in Como Park, St. Paul, MN   call Mark Westpfahl mark@realty.tc   651.208.9848 REALTOR®     HARMONY HOMES Realty Are you searching for a Como area home? Call or email when you need more information or a showing of any twin cities house on the market. For many people, it's a great time to find a home to own in St. Paul, MN. Call Mark Westpfahl at 651.208.9848 for more information about any twin cities home on the market.   Click here for The City of St. Paul  
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By Mark R. Westpfahl REALTOR Broker, e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
(Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs)
Como Park Homes. Homes For Sale in Como Park, St. Paul, MN Your browser does not support inline frames or is currently configured not to display inline frames.   call Mark Westpfahl mark@realty.tc   651.208.9848 REALTOR®     HARMONY HOMES Realty Are you searching for a Como area home? Call or email when you need more information or a showing of any twin cities house on the market. For many people, it's a great time to find a home to own in St. Paul, MN. Call Mark Westpfahl at 651.208.9848 for more information about any twin cities home on the market.   Click here for The City of St. Paul  
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By Charles Dailey
(iLoan - NMLS ID#1947845)
Although we wouldn’t know it from watching the six o’clock news, mortgage underwriting guidelines and mortgage insurance underwriting guidelines have been in a pattern of loosening, not tightening. This trend started in late 2009 and continues today with such examples as lower minimum credit scores for mortgage underwriting guidelines and fewer declining markets for mortgage insurance guidelines. As this has happened, another trend has emerged. The phrase “underwriting exception” is coming back in practical contexts rather than a nostalgic reference to days gone by. These days, underwriting exceptions are more and more common where a mortgage loan file has “Compensating Factors.” At face value, the phrase compensating factor seems to have a common sense meaning (an element of a credit ...
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By Mark R. Westpfahl REALTOR Broker, e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
(Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs)
Como Area Homes For Sale - St. Paul, MN Planning to sell your St. Paul MN home? See what the competition looks like. Call or email for market analysis of your Roseville home. Are you searching for a Como area home? Call or email when you need more information or a showing of any twin cities house on the market. For many people, it's a great time to find a home to own in Saint Paul, MN. call Mark Westpfahl, REALTOR® at HARMONY HOMES Realty for more information about any twin cities home on the market. Click here for The City of St. Paul   Why choose  HARMONY HOMES Realty? We're a local twin cities real estate company with offices in St. Paul and Roseville. We offer: •Great photography •Excellent online marketing •Easy cancellation policy •The best web syndication of your home •Property ...
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By Mark R. Westpfahl REALTOR Broker, e-PRO® CNE® REALTOR® Minnesota Real Estate Broker
(Vexillum Realty - Eagan, St. Paul, Minneapolis and suburbs)
Como Area MN Homes For Sale Planning to sell your St. Paul, MN home? See what the competition looks like. Call or email for market analysis of your St. Paul area home. Are you searching for a Como area home? Call or email when you need more information or a showing of any twin cities house on the market. For many people, it's a great time to find a home to own in St. Paul, MN. Call Mark Westpfahl at 651.208.9848 for more information about any twin cities home on the market. Why choose  HARMONY HOMES Realty? We're a local twin cities real estate company with offices in St. Paul and Roseville. We offer: •Great photography •Excellent online marketing •Easy cancellation policy •The best web syndication of your home •Property webpage for your home •Help for FSBOs •Virtual tour •Great rates ...
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By Rochelle Allison
(Keller Williams Premier Realty)
March Skinny Video Where has the Twin Cities real estate market been and where is it heading? This monthly summary provides an overview of current trends and projections for future activity. Narrated by Andy Fazendin (2011 Secretary, Minneapolis Area Association of REALTORS®), script written by David Arbit, audio recorded by Zach Foty and video produced by Chelsie Lopez. Please view the video below for an update on today's Real Estate Market. Thank You for taking the time to visit my blog today. For additional information and assistance with your real estate questions please contact - Rochelle Allison 651-259-4683 Rochelle@RochelleAllison.com
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By Charles Dailey
(iLoan - NMLS ID#1947845)
Many people trying to buy a home after a short sale find it difficult to navigate through loan programs that they may be eligible for and various waiting periods that may be applicable. If late payments occur, most people are told that the waiting period for buying a home after a short sale is 3 years because that’s what FHA requires if late payments occur. Then they learn that that Fannie Mae will back a loan for someone after a short sale after 2 years with a 10 percent down payment if there are “extenuating circumstances.” But what are extenuating circumstances? Fannie Mae describes “extenuating circumstances” as follows: Extenuating circumstances are nonrecurring events that are beyond the borrower’s control that result in a sudden, significant, and prolonged reduction in income or...
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