Duplex Chick

Twin Cities Duplex Market Develops Facial Hair

2009-11-10T17:28:20Z

The Minneapolis duplex market is like a 12-year-old boy. On the surface, it looks the same as it has for the past few months or years. And yet, every now and then, there’s a hint of a new, deeper voice. MAAR’s weekly activity report came out today. And while single family home sales are still up [...]

Read The Rest Of The Duplex Story: Earn $6500

2009-11-09T22:19:05Z

Sometimes, it pays to read more than just the headline in the newspaper. The biggest real estate headline last week announced the extension of the $8000 first time home buyer tax credit through April 30, 2010. But if you stopped reading there, you probably don’t know there’s more to the story. Now there’s a tax credit for existing homeowners too. If you’ve [...]

Minneapolis Duplex Buyers Should Get More Time To Shop

2009-11-05T16:53:27Z

If you feel like you missed out on all the good deals before the expiration of the first time home buyer tax credit, there was some good news out of Washington yesterday. The U.S. Senate voted unanimously to extend the clearance sale. The $8000 first time home buyer tax credit will now run through April 30. An [...]

Minneapolis Duplex Sales Offer Clues

2009-11-03T22:06:32Z

Mrs. White, in the library, with a candlestick. Signed purchase agreements up 53.8 percent from a year ago, sales of homes under $250,000 up 40 percent over the same stretch in 2008, and pending expiration of the $8000 first time home buyer tax credit. Congress? Get a Clue. Extend the tax credit. Need further proof that it’s a good idea? Compared to one [...]

5 Reasons To Buy A Minneapolis Duplex Now

2009-11-02T19:55:33Z

Come winter, most duplex buyers turn their thoughts to the holidays and devising survival tactics to make it until spring. After all, icey sidewalks and knee deep snow are hardly inspiration for moving, right? Well, here are five good reasons why everybody should. 1. The Tax Credit – While we’re still waiting for Congress to officially act on extending [...]

Minneapolis Duplex Tax Credit Extension Just A Bill

2009-10-30T10:21:27Z

ith news out of Washington last night that the Senate decided to extend the $8000 first time home buyer tax credit as well as expand it to include some repeat buyers, my inbox has been swamped with enthusiastic emails announcing the extension. Wait a minute. Anyone remember Schoolhouse Rock? A bill has to pass in both the House and [...]

Minneapolis Duplex Sales: Trick? Or Treat?

2009-10-27T19:01:47Z

Like late night trick or treaters, first time home buyers appear to be filling their pillow cases full of Halloween houses before the expiration of the $8000 tax credit. Proof? For the week ending October 17, there were 54.4 percent more purchase agreements signed than for the same week one year ago. Almost two-thirds of these properties were [...]

Why That Foreclosed House May Not Be A Good Investment

2009-10-26T16:31:21Z

With the bargain basement prices on single family home foreclosures in the marketplace, I’ve been getting calls from homeowners who, seeing the cheap house down the street, are thinking about becoming first time real estate investors. I like that they’re thinking like that. Real estate offers investors growth in equity, an annual passive income stream that [...]

There’s No Free Lunch With Minneapolis Duplex Ownership

2009-10-23T14:20:05Z

Among the many advantages of being a Realtor with a national and internationally known company like Coldwell Banker are the networking and educational opportunities available as a result of having a presence in so many diverse locations. For example, today the Coldwell Banker Burnet brought in Jon Swire, a multi-residential investment agent from Coldwell Banker, Beverly Hills, Calif., [...]

Seismic Activity In Minneapolis Duplex Market

2009-10-21T17:46:51Z

While we’re not in California, there are, nonetheless, earthquakes of change in the Twin Cities real estate market. For the week ending October 10, there was a 37.6 percent increase in the number of single family homes that received purchase agreements from the same stretch last year. The number of new listings also continued to drop, down [...]