December 2013

Brace Helgeson

Ryan Platkze

Helgeson/Platkze

Real Estate Group

952-942-7777

HPRealEstateGroup.Com

bhelgeson@cbburnet.com

Ryan@SoldonRyan.com

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Mortgage Lenders

For Information on Qualifying for Your Next Home Purchase, Contact Mark Sicora at Bell Mortgage Email: msicora@bellbanks.com or Phone: 612-750-5508

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Testimonial

The Helgeson Platzke team sells houses under $300K? We didn't know! We had 3 Realtors out to look at our Eden Prairie house and went with Brace & Ryan due to their strong reputation and expertise in the area. During the tough housing market, we felt we needed someone with this level of expertise to sell our home. We had it picture perfect and priced right. The team capitalized on this and had it sold in basically a weekend with pre-listing marketing. We would strongly recommend the Helgeson Platzke Real Estate Group!

~Julie & Steve M. ~

Welcome!

We're officially in the thick of the holiday season, and it's a joyous time of year! Whether you celebrate Christmas, Kwanzaa, Hanukkah, or anything else this December, the most important part is spending quality time with those you love.

The holidays are a busy time, and we are here to work for you. If you're planning on buying a new home, or if you're selling, we can take the guesswork out of each process.

If you have any questions or would like to discuss the housing market, please give us a call. We wish you and your family a very happy, healthy holiday season!

Brace & Ryan

One in 10 Twin Cities homeowners owe more than their house is worth

By Jim Buchta

One in 10 Twin Cities homeowners with a mortgage owe more than their house is worth, but that's a significant improvement compared with earlier this year. That's according to the latest data from CoreLogic, which says that because of higher home prices, nearly 791,000 more residential properties nationwide returned to a state of positive equity during the third quarter of 2013, and the total number of mortgaged residential properties with equity currently stands at 42.6 million.

Still, nearly 6.4 million homes, or 13 percent of all residential properties with a mortgage across the country, were still in negative equity at the end of the third quarter of 2013. That's down from 7.2 million homes, or 14.7 percent of all residential properties with a mortgage, at the end of the second quarter of 2013.

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Featured Listings

9445 Aspen Circle � Eden Prairie, MN

Welcome to 9445 Aspen Circle, a wonderful two story in The Preserve of Eden Prairie where a low yearly fee provides access to outdoor pools, tennis courts, pickleball, walking trails and a party facility! New roof and gutters 2013! Fabulous kitchen remodeled 2003 with white enameled cabinetry & an eat-in breakfast area. Hardwood flooring throughout main and upper levels. Main floor family room with a cozy brick wood burning fireplace. Main level laundry facility. Four bedrooms and two baths upper level!

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Minneapolis Area Holiday Events

Click here for a list of local area holiday events.

November building permits: Fewer apartments, more houses

By Jim Buchta

Builders sought applications to build fewer apartment buildings, but more single-family houses during November, according to data compiled by the Keystone Report for the Builders Association of the Twin Cities (BATC). This month builders were issued 419 permits to build 646 units compared with the same four week period last year.

That was a nearly 50-percent drop in planned units, but a 4-percent increase in single-family homes. Construction activity so far this year is still on pace to exceed last year by 25 percent, and the region has issued permits for more units than any year since 2006. During the first 11 months of the year, builders have been issued 4,941 permits to build 9,292 units.

"Most of our members had been preparing for a relatively flat fourth quarter 2013 and first quarter 2014," said Pamela Belz, Builders Association of the Twin Cities 2013 president and developer with Senior Housing Partners. "We're optimistic that by second quarter 2014, and maybe sooner, the market will be on the rise."

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