July 2012
  

 

 

 

In This Issue
Case Shiller: Home Prices Up after 7 Straight Monthly DropsHome Prices: It's About Supply & Demand
Timing the Market: 5 Signs It's the Right Time to Buy or Sell9 ways to cut summer energy costs

  

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Testimonial  

 

Thank you Kristi for helping me find a home for my children and I as well as helping me purchase the open lot next to my home.  I'm absolutely thankful that you were recommend to me, I couldn't be happier with everything you've done!

 

Chris H

 

 

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Welcome!

          

Summer is historically an exciting time for real estate and this summer is proving to be no different.   Mortgage rates are at fantastic lows. Home prices are still low but are starting to rise just like the temperature. Now is a great time to buy and sell a home!

 

If you're looking for that great opportunity, July is the perfect 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.

 

Kristi

Coldwell Banker Burnet  

612-309-8332

kdweinstock@cbburnet.com 

www.KristiWeinstock.com 

 

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

 

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 6581 Troendle Circle, Chanhassen, MN

 

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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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