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Good Day All ~
This month we celebrate and enjoy the freedom to live in our country! Independence Day is a reminder of how great it is to live in America. The American Dream of home ownership still reigns. I hope you had a nice long weekend relaxing and doing what you love to do.
Existing-home sales rose strongly in May (most recent stats) and inventory gains continued to help moderate price growth, according to the National Association of Realtors�. All four regions of the country experienced sales gains compared to a month earlier.
Total existing home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 4.9 percent to a seasonally adjusted annual rate of 4.89 million in May from an upwardly-revised 4.66 million in April, but remain 5.0 percent below the 5.15 million-unit level in May 2013. The 4.9 percent month-over-month gain in May was the highest monthly rise since August 2011 (5.5 percent). Nice to see a slow and steady gain once again.
Have fun if you're heading out to the MLB All-Star Game at Target Field tonight. An impressive showing for the Twin Cities!
This is good news and what a better way to celebrate your independence this month than in a home you love? If you or anyone you know needs assistance in today's real estate market, please give me a call.
Lori
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Article by: JIM BUCHTA , Star Tribune Some homes selling for more than asking price, and quickly.
Twin Cities homes are selling twice as fast as they did three years ago as buyers race to beat rising prices - and one another. One-fifth of all houses sold for more than the asking price last month and one-fourth sold within two weeks of hitting the market, according to Redfin, a national real estate brokerage. As the summer gets into full swing, some houses are moving so quickly - the typical Twin Cities house sold in 80 days vs. 160 three years ago -that sellers sometimes are shocked by the sudden resolution. "It was just unbelievable," said Greg Brink, who sold his house in Golden Valley days before it hit the market.
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6504 Mere Dr, Eden Prairie, MN- $333,000
Appealing 2 sty w/4 BR up! Vaulted owners suite w/whirlpool, lrg walk-in. New granite vanities. Hrdwd flrs. Mn flr fam rm w/brk frplc. Custom window treatments. Frml & infrml dining. New lighting & appls. Mn flr laundry. New carpet. Unfin LL/RI BA. WRNTY
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229 4th Ave N, Lakeville, South St Paul MN- $159,700
Rich in character! Gorgeous hrdwd floors, crown molding/stairway. Brand new kitch & baths. SS/Blk appl,glass tile,new counter,flrs. New lighting/carpet. 3BR up/grt closet space. Oversized Gar. Deck, pergola & privacy fence! New roof.Wshr/Dryer. 1YR wrnty
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20263 Hampton Ave, Lakeville, MN- $369,900
Pristine W/O Rambler! Striking decor! Spacious 5BR/3 on main. Priv owners BA. 2 FPLC. Exer rm plus office! Vaults, tile & stone. Fam Rm, Game area, blt-in bar. Superb landscp, deck, concrete patios, paver fire pit. Spnklr & sec. Htd 3car. New Mechanicals!
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13945 Flagstaff CT, Apple Valley, MN- $334,700
Cul de sac setting on trails with pond views! Hdwd flrs, SS appls, granite, island. 9ft ceilngs. Frml & infrml dining. Brick FP. Bay windows. Owners suite has Priv BA, Whrlpl, Sep shwr & Offc/Sitting area! New lights, faucets, paint. New party sized deck!
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20680 Jasmine Path, Lakeville, MN- $365,000
Pristine W/O Rambler! Striking decor! Spacious 5BR/3 on main. Priv owners BA. 2 FPLC. Exer rm plus office! Vaults, tile & stone. Fam Rm, Game area, blt-in bar. Superb landscp, deck, concrete patios, paver fire pit. Spnklr & sec. Htd 3car. New Mechanicals!
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50 Things You Probably Didn't Know About Minneapolis Even if you've lived in Minneapolis all your life, some of these facts may surprise you. 1. A Minneapolis City Council candidate was indicted by a grand jury for serving Twinkies to groups of elderly voters. After the scandal, a fair campaign act was established, which is now commonly known as the "Twinkie Law."
2. The inventor of the first pop-up toaster, Charles Strite, was born in Minneapolis. Later, he first marketed his invention in the same city. Click Here For More
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