Tag Archives: Business
Greater MSP organization, bringing economic growth to the Twin Cities region
Apparently we are not the first to realize that our region’s employment situation has been grim and the repercussions of losing jobs can be devastating including population decline. There is an organization that has been created to try to promote … Continue reading
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China’s Real Estate Market on the Decline (Bubble Burst there?)
Sure looks like it. I can’t say that I have followed the China Real Estate Market very close (and I don’t intend to either…), but I think this is interesting… Mainly because the possible size and scope. I don’t think … Continue reading
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Commercial Real Estate Market compared to Residential (case shiller)
This is a great visualization from calculatedrisk blog. The commercial real estate market is tracking about 18 months behind residential. Commercial Property Price Index vs. Case Shiller. So what my question is: In order for the Residential Market to recover, we … Continue reading
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Lunds ready to break ground on downtown grocery
After many years of talking about it – looks like they are going to proceed with their grocery store at 12th and Hennepin downtown Minneapolis. Lunds Food Holdings Inc. is about ready to break ground at its new location in … Continue reading
Real Estate developer Trooien emerges from bankruptcy
You may know of Jerry Trooien as the St Paul Real estate developer that had proposed the Bridges of St. Paul, a $1.5 billion complex of retail shops, a hotel and housing on the West Side flats across the Mississippi River from … Continue reading
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Mortgage Delequincies falling (S&P Experian reports)
There is some good news that we will hopefully begin feeling in the real estate market. The default index is dropping on first and second mortgages despite high unemployment rates, reported by S&P Experian. S&P Experien Default Index This is … Continue reading
NAHB: Builder Confidence Unchanged in August
The National Association of Home Builders reports Builder Confidence still depressed. The Wells Fargo/NAHB HMI (Housing Market Index) remains unchanged as reported today August 15, 2011. Builders continue to confront the same major challenges they have seen over the past year, … Continue reading
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The Banks Are Killing the Housing Market with Short Sale Policies
The Banks Are Killing the Housing Market with Short Sale Policies. Great post by John Murphy, a friend and fellow Realtor. This is problem that needs to be addressed to help the real estate market correct. I recommend taking the … Continue reading
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Rybak proposes 2% property tax increase in Minneapolis
Oh no! Not Again… City of Lakes and Tax Hikes. Full Disclosure: I own rental property in Minneapolis, and can not vote there because I am not a resident. Anyone interested in buying my Rental Property?? Story by Star & … Continue reading
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Time to buy rental properties?
After looking at the stock market crash, this is really looking to me like the safest place to put money right now… Buy some homes for rental properties. (on the right column – use my spreadsheets to analyze rental properties … Continue reading
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