I'm intrigued by the demand for single level living townhomes right now.  I've hosted a number of open houses at this type of townhome and there's no doubt that empty nesters, retiring or retiree, or simply folks planning for how they'll live as they age are the key buyers for homes like these.  If you still haven't found the perfect solution, tonight's open house might be the one for you!

Open House
January 30, 2025, 3pm - 5pm
4161 Centerville Road, Vadnais Heights, MN
$485,000   2 bedrooms, 3 bathrooms, 2 car attached garage, 2200 square feet.
More listing info here:  https://bit.ly/4jyUGk5
4161 Centerville Road
Travertine floors, wooded views, modern kitchen and baths and 9 foot ceilings!  If the townhomes you've seen have been lacking character, this home oozes it everywhere…

35 Views, 0 Comments

Read Full Post

Our open house journey continues this weekend with a great opportunity to see homes and townhomes in Marine on St. Croix, May Township (Stillwater area) and Woodbury.   These homes are each charming and appealing in their own ways, so come check 'em out!  Here you go:

Saturday, January 25, 11am - 1pm
300 Pratt Street, Marine on St. Croix, MN
$550,000  3 bedrooms, 3 bathrooms, 3 car garage (one is actually RV sized!), 2472 square feet
Listing info here:  https://bit.ly/4h6PbaB
Complete renovation of a lovely, spacious rambler located right in Marine on St. Croix.  If you love the charm and character of Marine and have been hoping to find a home with amazing updates, here's your chance!  Walking distance from the iconic church, the general store and local…

26 Views, 0 Comments

Read Full Post

Townhomes just seem more interesting to me right now, given the inventory that's on the market at the moment.  If downsizing is your priority this year and a nice townhome is your answer, here are two great townhomes to choose from.  Come and get it before the market gets all frothy and you have to compete with everyone else!

Saturyday, January 18th, 11am - 1pm

805 Ivy Lane, Eagan, MN
$435,000  2 bedrooms, 2 bathrooms, 2 car attached garage, 1876 square feet
More info here:  https://bit.ly/4g3J5Xa
If you missed my open house here on Thursday, here's your chance at redemption!  This neighborhood of 32 twinhomes has it all:  the homes have a design appeal that most townhomes just can't muster, the neighbors are great (I met five of them on Thursday), and the…

28 Views, 0 Comments

Read Full Post

A Surprising Insight About COVID Loan Forebearance

Did you participate in a mortgage loan forebearance during COVID?

I spent over an hour last week with Wendy, who works with a law firm that represents homeowners who are struggling with their mortgage payments, resulting in short sales.  A short sale happens when a seller needs to sell, but the market price is less than what they owe on the home.  The lender decides to accept less for the mortgage and the home then gets sold.

The point of our conversation was for her to enlighten me about how homeowners that participated in COVID loan forebearance determine how they should pay back the amount accrued during the forebearance period.  The fact is, a lot of homeowners don't know how their…

43 Views, 0 Comments

Read Full Post

Happy New Year!

Market Update?  Yep!
If you're wondering when Spring market starts, here's a quick yardstick for you:

January 1:  Buyers are back and deals start happening.  The energy shifts and I/you can just feel the market starting to come back to life after the holiday slumber.

February 9:  This is Super Bowl weekend.  I don't think there's any special link between the game and the market activity, but it's around this time that peak buyer activity happens in the market.

Mid-May:  Spring market starts to wind down.  Homes still sell, but the energy downshifts a bit.

If you're a buyer, think about getting into the market between now and Feb 9.  New listings are coming to the market but buyer activity is just starting to grow.  You might find…

35 Views, 0 Comments

Read Full Post