Ray Klotz's (rayklotzhomes) Blog

Real Estate Agent - Edina Realty
I just saw the latest figures on home searching on the internet.  93% of consumers start their Minneapolis home searches on the internet.  For anyone one that has been around before the internet era, this is an amazing statistic and explains why the print media (StarTribune, etc.) are in a world ...
It sure appears that the Minneapolis real estate market is heating up a bit in the under $200,000 market.  Multiple offers are happening on well priced and good conditioned homes that have been foreclosed on or in a short sale situation.  With the Federal tax credit now in place for 2009, buyers ...
For those interested in Minneapolis real estate  Lender Mediated ( foreclosed and short sales ) stats by city,  you can click here to go a report   put out by the Minnesota Area Association of Realtors and use this interactive report to click on the city of interest to see what is happening in Le...
When is this real estate doldrums going to end?  Here is an educated guess and we have to look to the recent mortgage programs' past to see what the future holds for the real estate market. Through the month  August of 2007, slowly but surely, the easy qualifying mortgages started to drop off the...
The year of 2008 is starting to look like the "The Year of Foreclosure" in the sense that the mortgage companies who have gotten property back are getting extremely aggressive in pricing their homes. In some cases, taking an assessed value of around $210,000 single family residence and listing it...

Ray Klotz

local_phone(763) 557-4540
smartphone(763) 327-5528
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Views and discourse on the Minneapolis real estate market.