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Hi All~
It's a one!! Wow! I hope you've found some fun and interesting ways to keep cool.
Summer is historically an exciting time for real estate and this summer is proving to be no different. Mortgage rates have remained at fantastic lows. Home prices are still low but we have definitely seen improvement and recovery. Those that have lost ground on the selling end have made up for it on their purchase. We are moving toward a more "balanced" market which is good for all. Now if only Washington and Wallstreet can get balanced!!
If you're looking for that great opportunity, summer is a great time to see what's available in the real estate market. If you or someone you know are thinking of buying or selling, give me a call.
Once again summer is moving a little too quickly. I hope you can slow down the pace and truly enjoy all that comes your way.
Cheers!
Lori
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Case Shiller: Home Prices Up after 7 Straight Monthly Drops
By: Mark Lieberman
The Case Shiller Home Price Indexes rose for the first time in eight months in April. The 10- and 20-city indexes each rose 1.3 percent, to the highest levels this year. Year-over-year, the 10-city index was down 2.2 percent and the 20-city index off 1.9 percent, both improvements from March. Economists had expected the 20-city index to show a 2.3 percent year-year decline in April. Prices improved month-month in all but one of the 20 cities tracked by Case Shiller; prices fell 3.6 percent in Detroit. Prices were up year-year in 10 of the 20 cities Click Here For More |
581 Hawthorne Woods Dr, Eagan MN - $449,900
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10404 Morgan Ave S, Bloomington MN - $239,900
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13143 Gamma Way, Apple Valley MN - $217,000
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13148 Gemstone Ct, Apple Valley MN - $150,000
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14718 Embry Path, Apple Valley MN - $129,900
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4502 Mallard Trl S, Eagan MN - $200,000
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14270 Cranberry Way, Rosemount, MN - $299,900
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1112 Kirkwood Dr, Eagan, MN - $112,000
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790 Cougar Dr, Eagan, MN - $173,000
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1475 Pond Rd W, Eagan, MN - $394,500
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Timing the Market: 5 Signs It's the Right Time to Buy or Sell
By Tara-Nicholle Nelson
I've long marveled at how the prospect of buying or selling a home can transform the most patient poetry professor or the sweetest Sunday school teacher into a fast-talking, number-crunching, negotiator extraordinaire. Or, rather, it can make these sorts of people *think* they need to talk and act like wheeler-dealers! In my experience, this mostly involves ranting about "leaving money on the table" while they secretly quiver with the fear of making a mistake! But offers and negotiations aren't the only real estate decisions that make people think they should be more strategic than they are legitimately equipped to be. Many buyers and sellers believe they should know precisely how to time the market to buy at the bottom and sell at the top, despite the facts that:
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