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Minneapolis Real Estate Market Video

September 03, 2010 By: Susan Hofflander Category: Buyers, Community Info, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Mortgage Info, Relocation Resources, Sellers, plymouth mn

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Don’t miss this important info.

Time for you to get out while these great prices last?  Contact me today!!!!

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Have You Seen “The Thing” ?

August 09, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Mortgage Info, Relocation Resources, Sellers, plymouth mn

The Minneapolis Area Association of REALTORs does it again!!!  It’s called THE THING! This interactive tool allows inquiring minds to find out what they want to know about their individual markets.  This THING allows you to slice and dice the numbers in whatever way works for you.  You might want to know specifically about townhouses.  Or, do you want to find out what homes in your area are selling for?  Search under price range.  Definitely take a look at 100+.   That will give you an overview of over 100 municipalities and neighborhoods in Minneapolis cities or St. Paul cities.

Make sure you bookmark this link so you can go back to it over and over again!

For more follow up info on how this relates to your property, contact me today.  It’s one thing to have the info, but to interpret and apply, make sure you have a qualified professional, like ME!

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Minneapolis Real Estate Market Info

August 07, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Relocation Resources, Sellers, plymouth mn

Minneapolis Monthly Skinny

Every month, the Minneapolis Area Association of Realtors compiles these video presentations of the Minneapolis real estate market statistics.  They are just a thumbnail sketch of the market info.  GREAT NEWS for the month of June is that housing prices are up!!! Definitely getting us back on a more even keel.  Bad news is that sales are down for May and June.  No big surprise there.  Ever since the tax credit expired, it’s understandable that we wouldn’t have as many buyers out there.  And, summer is usually another lull time in the market, even in robust times.

Now this video has just the bare essentials.  For more detailed information about YOUR specific area, don’t hesitate to contact me.  Better to have too much information than not enough!!!

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Minneapolis Travelers – Find a Temporary Home Abroad

July 29, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Relocation Resources, plymouth mn

There’s nothing worse than traveling to a foreign country and discovering that your temporary home away from home is a dump!  It’s not easy to find good places to stay.  Luckily, these days there are many reliable websites on which you can find more than suitable accommodations for a trip.

Frankly, I don’t like the idea of staying in the tourist-ey areas of places.  It’s like riding the tour bus to the sights and not getting off the bus.  You’re not REALLY seeing what there is to see, you’re seeing a reasonable facsimile of the city.  Heck, if I wanted that, I’d just go to EPCOT or Las Vegas! (not that there’s anything wrong with that)

So, I’d much rather stay in a place that’s off the beaten path to soak up more of the local culture.  And, true to form, the internet is providing more and more websites for travelers to find such quarters. AirBnB.com is the largest of this new generation of social B&B’s and has garnered the most reviews for their offerings.  Istopover.com started in 2009 in Toronto.  They specialize in big event accommodations.  Crashpadder.com originated in London and can find you everything from a room in a house to a WHOLE house!  Roomorama.com is more geared toward high end properties, especially in New York city.

I imagine, if you had a place for people traveling to Minneapolis or St. Paul, you could probably list it on these sites, too.

For assistance with more permanent houses for sale in Minneapolis cities, contact me today!

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Hiring a REALTOR – Love the One You’re With?

May 16, 2010 By: Susan Hofflander Category: Buyers, Maple Grove mn, Minneapolis, Miscellaneous, Relocation Resources, Sellers

How do buyers and sellers of homes for sale in Minneapolis go about choosing the right agent for them?  So much has changed in the real estate industry and market in the last 20 years.  Heck, so much has changed in the last 5 years!  The requirements for disclosure, while good, are somewhat overwhelming.  I encounter many agents and homeowners that say, “I remember when a purchase agreement was one page and a handshake!”.  Having been a licensed REALTOR® for the better part of 16 years, I don’t remember that scenario, but many forms have jumped from being 2-4 pages when I started to now being 7 or 9 pages.

If you’re new to property purchases, I strongly suggest you interview a few agents to see who will be a good match for your personality type and desires.  Some agents are just not a good fit.  If you are a “touchy/feeley” type and your agent is cut and dried, you may feel brushed off or that your feelings aren’t being considered.  If you’re a detail person who wants to know all the facts and your agent is talking about the karma in the house, that might not work for you.  Ask some questions to make sure you have the agent that will work for you in the most comfortable and efficient way.

When buyers purchase their first property, they think they will remember the agent that helped them through that process because it’s so momentous!!  If the agent is doing their job correctly, they’ve been an essential and profound influence on these buyers.  But, as time wears on and people’s lives settle in to day to day routines, the memory of the agent fades in to the background.  Fast forward 5-8 years and it’s time to buy the “move-up” property.  Will these buyers remember the agent they had come to think of so fondly in their first experience?  Sometimes they will and sometimes they won’t.  Maybe they get a card from that agent once a year, or an e mail news letter or just occasional updates about the market in their area.

Frequently, in their zeal to find the new property, they will begin to look online (93% of all buyers look online FIRST) or go to open houses.  They may meet an agent at the open house or through their online search.  Because they’ve encountered that agent at just the right time, they may forget about contacting the other agent who was so instrumental in their first purchase, in deference to the “love the one you’re with” mentality.

It is incumbent upon us as good agents to be following up with our good clients over the years (i.e. Holiday/birthday/anniversary cards, here’s what’s going on in the market cards and e mails, newsletters, gift cards from time to time, tax alerts, etc.)  And, it’s hard to know how much is TOO much.  There is a school of thought that says you must be “touching” people 33 times a year in order for them to remember you and call on you for your services when the time comes.  Isn’t that too much?  I wouldn’t want my agent/insurance person/doctor ANYTHING to be contacting me 33 times a year!  It’s a little stalker-ey, in my opinion.

Bottom line is, stay in touch when you can, but don’t make a pest of yourself.  And, buyers and sellers of homes for sale in Minneapolis cities, if you liked your agent the first time around and are thinking of buying or selling a home for sale in Minneapolis cities, contact that agent to see if you’re still a good fit!  I know they’d be happy to help you again and again.  I know I will be happy and honored to assist my past clients again and again, and welcome any referrals they would care to send me.  I encourage everyone to know and acknowledge that having the right agent is essential to a successful real estate transaction.  So, don’t just “love the one you’re with”!  Save that magnet or notepad your agent sends you and remember to contact them when you or those near and dear need a good agent.

Do YOU need a good agent now?  Contact me today to benefit from my experience and expertise.

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Shred to Shed

April 05, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Sellers, Upcoming Events, plymouth mn

04/10/2010
9:00 amto12:00 pm

It’s important to protect yourself.  As you probably already know, there are those who will steal your private information for their own gain with no consideration of the impact it has on your life.  That kind of identity theft can prevent you from obtaining new credit, buying a car or even a house.  In some cases, the perpetrator has committed illegal activities with the “new identity” and the victim of this identity theft has been arrested!!!  You can do things to make it more difficult for these thieves to obtain your sensitive information.

Make sure you always log off of your online accounts for anything, especially if you’re using an unsecured internet connection or if you’re logging on from a public computer.  And, when it’s time to dispose of old paper work, don’t just throw it all in the recycling!  That’s like posting it on a bill board!  Take it to a professional shredder.  There are many free shredding events around the Twin Cities for potentially buyers and sellers of Minneapolis homes for sale can take advantage of to destroy their sensitive information.

M & I Bank hosts such events regularly.  Click here for a location and date near you.   And, here’s a list of all of the Cub Foods locations that are hosting paper shredding provided by Shred It on Saturday, April 10, 2010, from 9:00 am – 12:00 noon.  Don’t miss it!!

Need more info about the real estate market in the Twin Cities?  Contact me to make me your real estate consultant for life.  I’m up on all the latest info on homes for sale in Minneapolis cities, including Lake Harriet/Lake Calhoun.

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Foreclosure Alternatives for Minneapolis Homeowners

April 01, 2010 By: Susan Hofflander Category: Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Mortgage Info, Sellers, plymouth mn

For many Minneapolis home owners, this is a tough time.  We are experiencing significant volatility in the mortgage arena.  The guidelines by which a mortgage may be obtained are much tighter.  Actually, the guidelines are back to where they were 15-20 years ago.  You actually have to prove you can be a responsible home owner.  The paradigm shift that occurred in the early part of the decade, to render anyone who can fog a mirror qualified to be  mortgagor (meaning the person who obtains a mortgage and makes the payments toward total ownership) is now shifting back to those who have a proven track record of on time payments and make enough money to pay their bills.

There were people who met such guidelines when they obtained their mortgages, even in the free-for-all days.  But, many have now fallen on a hardship of some kind.  For example job loss, health crises, divorce, death of a spouse, business failure can all be life changing events that render the Minneapolis home owner unable to honor their commitment to make their housing payments as originally agreed upon.  If that happens, the homeowner needs to find alternatives.

There is help available.  The new programs that will go in to effect on April 5 have provisions to assist homeowners who are experiencing a genuine hardship.  There are many provisions for assistance to forestall the sheriff’s sale until a short sale can be achieved and stricter guidelines that will bring pressure to bear on the banks to provide answers quicker in order to facilitate the short sales to go through.  The new program, HAFA, stands for Home Affordable Foreclosure Alternatives, was developed last November and the new guidelines will go in to effect April 5, 2010.   Check out the information to see what might help you or someone you love.

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Minneapolis Housing Market Video – The Skinny

March 26, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Mortgage Info, Relocation Resources, plymouth mn

For buyers and sellers of homes for sale in Minneapolis and Minneapolis cities, here is a video that tells you what’s going on as of March 2010.  Take a look and pass it on.

Watch this video about the Minneapolis and Minneapolis cities housing market.

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Minneapolis – St. Paul Buyers’ and Home Owners’ Information

March 25, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Market Trends, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Mortgage Info, Relocation Resources, Sellers, plymouth mn

Sometimes it’s so hard to find information when you need it.  How do you maintain the different components of a house?  What’s going on in the real estate market?  How can I make the most energy efficient improvements to my home?  What’s the latest in mortgage and tax information?  Do I need to buy different insurances for my home?  These are all great questions to be answered.  Check out House Logic.

HouseLogic is a free source of information and tools—from the NATIONAL ASSOCIATION OF REALTORS®—that can help you make smart and timely decisions about your home.  With content covering home improvement, maintenance, taxes, finance, insurance, and even ways you can get involved in and enrich your community, HouseLogic can help you increase and protect the value of your home by helping you make confident decisions.

For more localized information about your real estate market, contact me today.  I have access to information about your area, even your block!  Relying on zillow.com and other real estate based websites is a mistake.  Their information is only as good as the agents who participate in such websites.  So, the information is very limited.  Contact me, a local professional for information on Minneapolis homes for sale, or homes for sale in Minneapolis areas like Lake Calhoun and Lake Harriet.  I also have lots of information on downtown Minneapolis lofts for sale and homes for sale in the Western suburbs of Minneapolis.

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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Minneapolis Cities Consignment Shopping

March 16, 2010 By: Susan Hofflander Category: Buyers, Community Info, Maple Grove mn, Minneapolis, Minneapolis lofts and condos, Miscellaneous, Sellers, plymouth mn

Times are tough. Economically speaking, we are in the doldrums.  People aren’t spending like they once were.  Partly because of unemployment.  But, I think the tight economy has forced most people to take a good, hard look at the difference between “want” and “need”.  As money becomes harder to come by, consumers are making more economical choices for their needs.  Many retailers are responding in kind.  Cub Foods, for example, has cut prices on many essential items.  Walmart is experiencing some of their best years ever.

Consignment shops are also enjoying a new robustness.  For those of you not familiar with the concept, consignment shops act as a broker for goods and furnishings between the sellers and buyers (hmm, that sounds familiar).  They will accept your gently used items, including clothing, household goods, dishes, sometimes small appliances and furniture, display them in their store front and attempt to sell them for you.  They charge a percentage of the sale price.  The percentage they take depends on the item.  Usual splits between the sellers and the consignment shop for furniture is around 50/50 of the sale price.  The more expensive and exclusive the pieces are, the more they will cost at a consignment shop.  But, buyers need to consider how much those pieces would cost retail to determine if this is the right buy for them.

The Star-Tribune’s John Ewoldt had a great article this last week listing all of the consignment shops in the area and what kinds of inventory they carry.  I’ve shopped at Turn Style Consignments in Crystal, MN and Mainstreet Consignment in Hopkins, MN.  There used to be a great consignment store in Plymouth right on 494 and Carlson Pky, too, but I think they went out of business.  Now, Plymouth MN boasts the wonderful Wabi Sabi Shop!!! They have fabulous inventory, enough for the frugal and the not quite as frugal.

I am all about the deals!  If you’re looking for a deal on homes for sale in any Minneapolis cities of the Western suburbs, contact me today!  It’s my goal to provide buyers and sellers of homes for sale in Minneapolis Lake Harriet Area or Lake Calhoun Area, or homes for sale in any Minneapolis cities of the Western suburbs with the information they need about how to get the deal done.

Susan Hofflander is a seasoned real estate professional, providing real estate consultations for home buyers and sellers in the Twin Cities since 1994. Susan specializes in homes for sale in Lake Calhoun/Lake Harriet, Minneapolis, Plymouth, MN, Minneapolis Western Suburban Cities and Downtown Minneapolis Lofts.

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