Saint Paul Real Estate Blog 
Young Flat Earth Brewery Expanding Into Old Hamm's Brewery
Monday, June 17th, 2013 at 10:38pm. 32 Views, 0 Comments.
There’s a new story on the local Minnesota beer front and it isn’t the Surly Brewery going up in Minneapolis. Flat Earth Brewing Co., part of the Twin Cities’ growing craft beer economy, plans to expand into several abandoned buildings at the old Hamm’s Brewery in the East Side neighborhood of St. Paul.
The microbrewer has won initial approval from the city for a $375,000 loan to spur the move from its current quarters on Benson Avenue. If and when the City Council approves the loan, Flat Earth will move its brewing operation into Building 8, which is the former Hamm’s keg-washing operation. Flat Earth is also looking at Buildings 7 and 9 for future use as a public tap/tasting room and maybe a beer garden.
The St. Paul-based microbrewer wants to increase…
Purchases of High End Lakehomes Increasing in Minnesota
Tuesday, May 28th, 2013 at 7:18am. 374 Views, 0 Comments.
As home sales and prices rise in Minnesota, movement is beginning to be seen on the long-dormant vacation home market. But vacation homes still aren’t rebounding as fast as the rest of the market.
The average price of homes in Cass, St. Louis, Otter Tail and Aitkin counties has increased 3 to 5 percent since last spring, with the high-end vacation home seeing the most increase in demand, according to Trulia. In many popular lakeside destinations in northern Minnesota, sales of $351,000 to $500,000 homes have surged by more than 100 percent over the past year. Many of the homes are being purchased for significantly less than they were worth at the height of the housing boom.
And some of the buyers with all this discretionary spending are not originating from…
What $125,000 Buys in Saint Paul's Greater East Side
Thursday, May 16th, 2013 at 12:34am. 395 Views, 1 Comments.
Here is MLS # 4360646
This unassuming home located at 2018 Cottage Ave E in St. Paul, Minnesota. It has 3 bedrooms, 2 bathrooms, and 1,670-square-feet of space. The house is in the Greater East Side neighborhood of Saint Paul.
Built in 1921, this home has loads of character. Its features include a great front porch, hardwood floors, and an amusement room with a wet bar.
It’s in a nice quiet neighborhood. It’s on a treed lot so it feels a bit private, but yet it is still conveniently in the city.. Priced to sell, this Greater East Side home can be yours for $125,000!
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Twin Cities Real Estate Market Heating Up
Monday, April 29th, 2013 at 11:40pm. 171 Views, 0 Comments.
A burst of recent reports suggest that the Twin Cities real
estate market recovery is outpacing the rest of the nation.
In March, buyers outnumbered sellers, triggering price increases and even bidding wars in some of the Twin Cities metro’s more popular communities and neighborhoods. According to the Minneapolis Area Association of Realtors (MAAR), during March there were 3,632 closings with a median price of $176,000 — a 17.4% increase over last year and the 13th-consecutive monthly increase in sale prices. Closing sales were flat compared to 2012, but pending sales increased more than 6% despite a 31% decline in inventory that’s causing somewhat of a shortage and holding back even more potential for sales growth.
That shortage also is…
7 Tips for Home Sellers to Increase Curb Appeal
Thursday, March 14th, 2013 at 3:27pm. 380 Views, 0 Comments.
There have been a few headlines indicating that sellers listing homes for sale are scarce in the Twin Cities metro, even as the real estate market recovers and home prices increase. But undoubtedly as the spring selling season approaches, sellers are taking the time to prepare their properties before putting their home for sale on the market.
Increasing home sale prices and dwindling inventories are slowly shifting us away from a buyers’ market, offering home sellers with new and rewarding opportunities. With prices on the rise, the number of people who are underwater on their mortgage is declining, and naturally, more people will be willing to put their home for sale on the market. For homeowners who have been stranded on the sidelines, now is the time to…
Twin Cities Real Estate Statistics for 2013 Looking Good
Monday, February 25th, 2013 at 1:00am. 1853 Views, 1 Comments.
The Twin Cities real estate market is off to a promising start in 2013, with area home sales up 11% over last year. While January is typically one of the sleepiest months of the year, unseasonably strong home buyer activity suggests that the spring market will be robust.
During January, there were 2,797 home sales in the 13-county Twin Cities metro area. Buyers were out and about during the month hoping to strike a good deal on a home and take advantage of near record-low mortgage rates. Pending sales were up even stronger than closings, rising 13% during January.
Sales of steeply discounted foreclosure homes fell slightly during January while sales of upper-bracket houses increase. As a result, the median price of all closings during the month rose 14% to…
8 Tax Breaks and Credits for Home Owners & Home Buyers
Monday, February 18th, 2013 at 10:34pm. 320 Views, 0 Comments.
Do you own a home? Are you thinking of buying a home? Were you one of the many that purchased a home last year? April 15th will be rolling around soon and it’s important for you to know what tax breaks and credits for which you qualify as a home owner.
Here are a few of the tax breaks for which you may qualify:
Mortgage interest paid at settlement. On mortgages of up to $1 million, home owners can deduct the interest paid at settlement if you itemize your deductions on Schedule A (Form 1040). This amount should be included in the mortgage interest statement provided by your lender.
Points. If you pay points to obtain your home mortgage, these fees can be deducted as long as they are associated with the purchase of a home. If you refinanced your home, these…
Dakota County First Time Homebuyer Information
Wednesday, January 30th, 2013 at 3:24pm. 298 Views, 0 Comments.
Dakota County Housing Market Update
I work with many First Time Homebuyers in the Dakota County area and many of them take advantage of the Dakota County bond program that helps with down payment and closing costs assistance for buyers who meet certain qualifications. For several months, I have noticed that there are not as many homes available for sale as there used to be. Many of my First Time Homebuyer clients search for single family homes under $150,0000, so I did some research to see what has been going on in Dakota County for the past few months in the under $150,000 price range.
Since Dakota County is pretty large and my clients tend to search within 2 different parts of the County, I separated the County into 2 parts: Western Dakota County…
What $329,500 Buys in Saint Paul's Macalester-Groveland Neighborhood
Tuesday, January 15th, 2013 at 2:27am. 555 Views, 0 Comments.
Here is MLS # 4314643
This stunning home is located at 555 Cretin Ave S in St. Paul, Minnesota. It has 3 bedrooms, 2 bathrooms, and 1,940-square-feet of space. The house is in the high-demand neighborhood of Macalester Groveland.
Built in 1950, it has been recently renovated, including a custom kitchen with slate and hardwood floors. It also has a new furnace/AC, roof, windows, garage and more.
Brr! Light a fire in the fireplace, wrap up in a blanket and cozy up against the cold in your new home. This Mac-Groveland home can be yours for $329,500!
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Experience a 19th Century Victorian Christmas
Tuesday, November 6th, 2012 at 1:48am. 847 Views, 0 Comments.
The Alexander Ramesy House in downtown St. Paul will open to the public for the holiday season on November 14th and run until December 30th. What makes this house special and worth checking out?
The historic preserved pre-Victorian home will be decorated for the season, but a la 1875. The beautiful home will beam with Victorian Christmas decorations and dated Ramsey personal items. The house hosts its visitors to experience Christmas long before our time. The house circulates smells of cookies from a wood burning stove and sounds of Christmas music drifting from a classic Steinway piano. This is a great chance to experience Christmas in a new and historic way.
To learn more or for ticket information, visit the Alexander Ramsey site.
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