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 Happy Valentines's Day!
I'd like simply to share one of my favorite quotes with you:
"You will find as you look back upon your life that the moments when you have truly lived are the moments when you have done things in the spirit of love." - By Henry Drummond
Brace
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White House wants less gov't in mortgage system
White House wants to end Fannie Mae and Freddie Mac; mortgages would likely be more expensive
Daniel Wagner and Derek Kravitz
WASHINGTON (AP) -- The Obama administration wants to shrink the government's role in the mortgage system -- a proposal that would remake decades of federal policy aimed at getting Americans to buy homes and would probably make home loans more expensive across the board.
The Treasury Department rolled out a plan Friday to slowly dissolve Fannie Mae and Freddie Mac, the government-sponsored programs that bought up mortgages to encourage more lending and required bailouts during the 2008 financial crisis.
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9264 Hearthstead Ln, Eden Prairie - $579,000
 Beautiful two story walkout on an expansive Eden Prairie lot measuring nearly 1/2 an acre. The private, level back yard borders a pond, attracting hockey players in winter and amazing wildlife in summer! Sunsplashed rooms and an incredible open floor plan make this home ideal for both entertaining and casual everyday living. Unique architectural features add charm and character. Gourmet kitchen updated 2006 and open to breakfast area. Vaulted four season porch offers pond views and deck access. Four bedrooms upper level including the owner's suite with updated private bath. You won't want to leave the vaulted living room where new carpeting and surround sound compliment the cozy gas fireplace! Located in a very convenient neighborhood close to schools, shopping districts & easy access to metro thoroughfares!
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Top 10 Real Estate Trends to Know for 2011
Learn the challenges and opportunities the coming year has in store for the housing market
By Shannon Petrie, FrontDoor.com | Published: 11/22/2010
#1: Housing recovery unlikely, but cautious optimism remains
While 2011 will be another challenging year for the housing market, many real estate experts are hopeful about the future and taking action toward recovery. A market comeback is contingent on a solution to the foreclosure issue, which is suppressing home prices and consumer confidence. For that reason, real estate professionals need to educate themselves about buying and selling distressed properties, handling short sales and working with investors, says Margaret Kelly, chief executive officer of RE/MAX and a panelist at the State of the Real Estate Industry forum held during the 2010 Realtors Conference and Expo.
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