Our Newsroom

If you are looking at a specific house, and want to find out more information than what is on the MLS system, there are free resources that will allow you to find out things such as structure information, assessments, whether the property is in foreclosure, and more. This is public information, and much of it […]

In the Minneapolis / St. Paul and suburbs, the typical process for a foreclosure goes something like this. Upon missing the first mortgage payment, the bank sends a nice, friendly letter reminding them of a missed payment. After another one or two missed payments, the letters get a little less friendly. After 4 or 5 […]

The Star Tribune just published an article on having a shorter commute. Here’s a link. I’m in agreement on living in the city. I currently live in a great neighborhood of South Minneapolis with great neighbors, a wonderful character-filled house, and lots of closeby amenities. We can walk to two different parks within 3 blocks, […]

No, I didn’t spell CD-ROM wrong. CDOM stands for Cumulative Days On Market. Well, ok. What does that mean? And why do you want to know? CDOM is the total time the house has been on the market since it was originally listed. Here’s an example. Let’s say the homeowners put their house on the market in […]

What is OLP? In South Minneapolis, we know it as Our Lady Of Peace, a church and school. But OLP in the real estate sense stands for Original List Price. The quick definition of Original List Price (OLP) is the price that a home is listed at when it is offered for sale. This price […]

Ed. Note: This article was first written in late 2007.  It is now 2008, and it’s still a prime time to invest in Minneapolis real estate. Interest rates continue to be at historically low rates, and there are plenty of wonderful homes in Minneapolis just waiting to be bought. This article is still relevant, so […]