Twin Cities Real Estate News

May 14 2008

Today's Investing Game Plan

We are in the midst of tough real estate recession; the worst this country has seen in decades. Real estate prices in some areas have fallen to the point where many people are paying more on a mortgage than their property is actually worth!

February 07 2008

Timing the Bottom of the Market

In just the past few weeks we have seen continued gyrations in the stock and bond markets. We’ve seen a Federal Reserve that continues to chase the snowball downhill and one that will continue to cut rates in the weeks and months ahead because it waited too long to act. We’ve seen mortgage rates on 30 year fixed rate loans reach 5.25% before spiking back to 5.75% within 24 hours. And we continue to see many real estate investors on the sidelines wondering what to do in this marketplace. “How low will she go?” they ponder.

January 17 2008

Buying a Home: Property Wishlist

While your opinions on the type of home you want to own may change during the home buying process, this easy checklist can help you decide what you want in your dream home and reduce the time you spend viewing homes.

January 04 2008

Buying a Home: Finding the Perfect Neighborhood

The neighborhood you choose can have a big impact on your lifestyle—safety, available amenities, and convenience all play their part.

October 23 2007

Auction Euphoria

As real estate buying opportunities continue to flood the horizon, beware not to get caught up in the hoopla and hype that accompany auctions. A very successful auction was recently held in the Twin Cities where over 350 houses were auctioned off to an anxious crowd of bidding investors.

September 25 2007

FED Cut Positive for Market

The Federal Reserve's cut of 50 basis points last week will prove to be the first of a series of rate cuts in my opinion. With each cut the consumer (as well as corporate America) will gain a positive sense of their own economic future. Over a period of months this will begin spilling back into the housing market and we will all see clear signs of a real estate turnaround.

September 10 2007

Let My People Go

The Federal Reserve continues to keep the housing market in bondage with its sustained High Interest Rate policy. The longer they delay in cutting rates the more adjustable rate mortgages will reset to higher payments, the more foreclosures we will see, the less consumers will spend, the more job layoffs we'll see and the greater chance we will experience an economic recession.

August 20 2007

Price Declines Slowing According to NAR Report

With all the negative news on housing and Wall Street lately, one would expect the sky to be falling. Not so. Although home prices continue to slip lower, the amount of the decline is very small on a national average basis.

Contact Us


Twin Cities Real Estate

Jeff Scislow, CRS
RE/MAX Results
PO Box 240195
Apple Valley, MN 55124
(952) 431-3900
jeff@scislow.com