December 2013





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Greetings to all!


I hope you've found a way to keep warm if you're in Minnesota! As a true brainwashed Minnesotan I continue to hear myself saying to people "yes but the roads are dry and its blue sky and bright sun".  Obviously brain freeze plays havoc on the psyche. None the less it's the holidays and time to celebrate the year, the season, your family and friends. Lots of good times to be had this holiday season, although it tends not to be everybody's favorite time of year. We're all so busy and over stimulated often being pulled in so many directions. What can you do!? Keep things simple as possible; enjoy yourself and those around you and spread cheer in all you do.  


The Twin Cities market continued full steam ahead throughout the year. There were many happy sellers and buyers. The "traditional" sales now far outnumber bank owned and short sale transactions. I will recap the final numbers in January.  I expect to see the same activity next year. If you're planning on selling soon or buying a new home for a place to spend the 2014 holidays I can take the guesswork out of each process. If you have any questions or would like to discuss the housing market, please give me a call.


I wish you and your family a very happy, healthy holiday season.



Merry Christmas!








Ignoring Insurance Risks Can Be Costly

by Carrie Van Brunt-Wiley
One of the first stages during the hunt for a new home is crunching the numbers to figure out your budget. And no matter how high or low that budget may be, prospective homebuyers should take into consideration the cost of insuring the home.

It's easy to overlook insurance, especially since you may be more worried about the number of bedrooms, the school district, or the size of the backyard. But before you can close on the purchase, your lender will require you to line up homeowners insurance. You may be hit with some sticker shock if the home you are about to buy ends up being a high risk- and therefore high cost- home to insure.


Once you've got a few homes in your sight, you should get some preliminary home insurance quotes on each property. Just as you will compare asking price and property taxes- figure your insurance costs into the equation as well. Even homes of similar size and style can vary greatly in terms of cost to insure.

Minneapolis Area Holiday Events

Click here for a list of local area holiday events.
Coming Soon in the New Year! 

Several new listings in all locations, style & price points!  



Under Contract 
626 3rd Ave NE, Minneapolis, MN- $424,900 


Terrific end unit~loads of style! Open kitchen w/island, granite, SS appl, birch cabs. Rich, dark hdwd flrs, gas FP, 4BR, porch. New heat pump, AC, furnace, water htr, gutters, garage door, landscaping. 2Car attached! Superior location. Low Assoc $325.

4524 Morningside Ave, Vandnais Heights, MN- List Price- $222,500

Updated home on lovely cul de sac in great neighborhood. New master bath, new Corian counters in kitchen, built-ins, new furance 12, roof 09, windows 09. Garage is heated/wired with 220 volts. Great yard with deck. Close to freeways. Move in ready!


Coldwell Banker Burnet's Trees for Toys

Coldwell Banker Burnet's Trees for Toys customers and agents donated 8,458 toys plus $3,000 in cash at this years event. In the past 12 years, Coldwell Banker Burnet has collected more than 100,000 toys for children in need.  Your spirit of giving and generosity is overwhelming and so appreciated. Thank you!





Where Prices are Headed over the Next 5 Years

By The KCM Crew 


Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. Theythen average the projections of all 100+ experts into a single number.

The results of their latest survey

The latest survey was released last week. Here are the results:


Read The Full Article Here
Best 2013-2014 New Years Eve Spots

New Year's Eve in Minneapolis is a party. Step in to any building and, chances are, you'll be fitted with one of those pointy polka-dotted hats reserved for this time of year. The point is, celebration is plenty in Minneapolis. Click here to find local area events.

Lori McCahey 

Coldwell Banker Burnet



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