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As CDPEs, we can save the 70% of homes going into foreclosure who NEVER call for help because they don't know their options. Do you know anyone having trouble making their house payments?
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Testimonial
I would just like to take this moment to thank you and your staff for all of the wonderful help and support you gave to us on the sale of our home. We knew we had selected the right Agent to get this thing done. By the way, we were surprised to see how close the financial appraisal was to the actual sale price. We would have been in a world of hurt had we kept the price at our earlier levels. Thanks for the sage advice! You have earned every penny of your commission!
-Nancy & Tom J.
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Welcome!
Summer is here. We can see the signs everywhere, from backyard barbeques to planning that vacation getaway. As the days get longer, there comes more opportunities for summer fun and families begin to enjoy what summer has to offer.
Summer is also the perfect time to explore the great opportunities available in the real estate market. If you or someone you know are thinking of buying or selling, give me a call.
Brace
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Home Prices: It's About Supply & Demand
by The KCM Crew
The real estate market continues to heat up as we head into the summer. Will this increase in demand equate to an increase in home prices? That depends. Remember, the price of any item is determined by the supply of and demand for that item at any point in time. Let's look at the facts as reported by the National Association of Realtors (NAR) in this month's Existing Home Sales Report:
- Demand has strengthened, showing a 10% increase over the same month last year.
- The supply of homes for sale is down 20.6% from the same time last year.
Because supply is down and demand is up, many believe prices should begin to increase as we finish out 2012 and head into 2013.
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18338 Bearpath Trail, Eden Prairie - $1,499,000
 Gorgeous renovated home on the 10th green at Bearpath Golf & Country Club. Stunning high end finishes throughout coupled with wonderful spaces for entertaining. Plantation shutters on main level with incredible two story formal dining room and a sophisticated study including built-ins. Gourmet kitchen boasting granite countertops, slate backsplash, hardwood flooring and custom cabinetry is open to the family room with gas fireplace. Luxurious owner's suite with balcony overlooking pool and golf course. Walkout lower level offers a beautiful large wet bar, amusement room with ample built-in cabinetry, a wine cellar with stone accent and plenty of space for billiards. Convenient screen porch in the lower level sits just below the deck. Spacious deck off main with a brick wood burning fireplace, a spectacular and inviting feature for gatherings overlooking the pool and golf course. Professional landscaping surrounds the outdoor pool and home. This is a fabulous opportunity in Eden Prairie's premier gated neighborhood, where there's quick access to the Regional Trail system, area schools, shopping, dining and major metro thoroughfares for an easy commute.
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Virtual Tour
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| 7 ways to pounce on low interest rates
By Marcia Passos Duffy * Bankrate.com
Taking advantage of low rates
 While go-go lending was partly to blame for the economy's current financial troubles, ironically, borrowing money may help ease the country out of the downturn. At least that's the thinking behind the Federal Reserve's recent pledge to keep low interest rates through 2014.
While this move has not triggered an uptick in consumer confidence, experts agree money probably won't get any cheaper to borrow than right now. At press time, average rates for 30-year fixed-rate mortgages, home equity loans and even 60-month new-car loans are hovering around 4 percent, 6.4 percent and 4.4 percent, respectively, according to Bankrate's weekly survey of interest rates.
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