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Saint Paul Real Estate Blog

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Twin Cities Summer of New Construction

Tuesday, August 24th, 2010 at 10:58am. 120 Views, 0 Comments.

New numbers from around the Twin Cities metro area indicate home construction is beginning to pick up. After reaching record lows in 2008 and 2009, officials are cautiously hopeful about new home construction over summer.

According to the Builders Association of the Twin Cities, Blaine was the leader for July in the number of building permits issued with 28, followed by Maple Grove with 26, Woodbury with 17, Hugo with 14, and Shakopee with 12.

For the total number of units permitted in July, Blaine topped the list with 28, followed by Maple Grove with 27, Woodbury with 25, Hugo with 21, and Shakopee with 12.

For the first seven months of 2010, Maple Grove issued 160 permits, followed by Blaine with 153, Shakopee with 126, Woodbury with 98, and Lakeville with…

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Affordable Advantage is here!

Wednesday, August 18th, 2010 at 7:06pm. 116 Views, 0 Comments.

The Zero Down Loan is Back for Minnesota First Time Home Buyers!

Tough to save money in this day and age, isn’t it?  Now, try to buy a house, save money and deal with life.  Goodness, we've had many people plan weddings and start new jobs – that must be a saving nightmare. 


Save no more … well, at least for the down payment! 

MN Housing has introduced the Affordable Advantage program.  This is a great alternative to the very popular FHA loan.  Currently, FHA is the main loan people are using in conjunction with their first time programs so all they need is 3.5% down.  You can do conventional financing with 3% down, but the monthly mortgage insurance is quite high.
Enough talking about zero down, just give us the facts Ma’am!


• No down payment
• No  monthly…

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Coleman: No Property Tax Increase for St. Paul

Friday, August 13th, 2010 at 10:11am. 105 Views, 0 Comments.

St. Paul Mayor Chris Coleman wants to hold the line on property taxes next year for St. Paul homeowners, and maybe even reduce the total taxes and fees they pay for essential services.

Following tax increases, often with service cuts, every year he's been in office, Coleman on Wednesday declared a sort of victory over the city's seemingly perpetual budget shortfall. He proposed a $531.6 million spending plan for 2011 that not only keeps the property tax levy flat but also slightly increases funding for police and fire training and promotions.

"We asked people to bear more of the burden," Coleman said. "We know that that was hard, but it was honest. ... We've made tough choices. But because we made those choices, the 2011 budget is the most stable in…

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Hastings Seeks to Put Itself on the Map for Businesses

Wednesday, August 11th, 2010 at 6:13pm. 116 Views, 0 Comments.

The Hastings Economic Development and Redevelopment Authority is hoping a $10,000 marketing study will help them to promote current businesses and try to attract new ones.

Hastings, with its population of about 22,000, is split between Dakota and Washington counties. With its small stature, Hastings is ready to battle the perception that it is too small and too far away from Minneapolis and St. Paul. The city wants to emphasize its small-town, family-friendly atmosphere and easy access to big-city benefits.

"Hopefully, this is the Miracle-Gro of economic development," Mayor Paul Hicks said.

The depressed economy and resultant falling tax base is inviting more communities to think like a company by pursuing businesses. From start-ups to established…

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What $189,900 Buys in Burnsville

Thursday, August 5th, 2010 at 11:52pm. 179 Views, 0 Comments.

Check out MLS # 3851445

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This single-family home is located at 1520 Earle Way in Burnsville, MN. This modified 2-story home was built in 1994. It has 4 bedrooms, 2 bathrooms, and 1,750-square-feet of space.

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This home features hardwood flooring, vaulted ceilings, and plenty of natural lighting. It is an excellent value at a tremendous location!

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This short sale has been pre-negotiated with the lender and is ready to close! It could be yours for $189,900!

Browse more Burnsville MN Real Estate and homes for sale.

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Saint Paul's Merriam Park a Study in Neighborhood Vitality

Monday, August 2nd, 2010 at 5:46pm. 157 Views, 0 Comments.

The Pioneer Press recently published an article about the small-scale retailers that have helped reinvigorate the neighborhood of Merriam Park in St. Paul. Local business owners and entrepreneurs have brought much needed food, retailers, and services to places where they could truly benefit the community.

For decades Marshall Avenue was a bustling streetcar route, a major artery that crossed the Mississippi River to link the Twin Cities. Shops focused on everyday needs, even after buses replaced streetcars.

In 1965, this single block boasted a remarkable assortment: a corner drugstore, a grocery store, a hardware store, a bakery, a Laundromat, a paint store, a barber shop, a cafe, a beauty salon, a variety store, a TV repairman, a restaurant, a dentist's…

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Campaign Signs at Vacant St. Paul Houses

Friday, July 30th, 2010 at 8:00pm. 127 Views, 0 Comments.

Vacant and foreclosed houses and buildings in Saint Paul have started sprouting political campaign signs.

One of the first people to notice the signs was a real estate agent who found a campaign sign for Ramsey County Sheriff Bob Fletcher on the lawn of a foreclosed St. Paul home. As sheriff, his office has a role in the foreclosure process. Gazing down the block, more signs were planted outside vacant houses.

Though it may seem funny or harmless, it is a violation of Minnesota law to put signs on private land without the consent of the owner or occupant. The signs will be removed if a landowner asks. Some of the properties are owned by banks or mortgage companies.

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What $139,900 Buys in Saint Paul's Payne-Phalen Area

Thursday, July 8th, 2010 at 6:12pm. 165 Views, 0 Comments.

Here is MLS # 3872652

 

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This single-family home at 1656 Jessamine Avenue East is in the Payne - Phalen neighborhood of Saint Paul MN. This charming 1 1/2-story home on a quiet street was built in 1965 and has lots of character. It has 3 bedrooms, 2 bathrooms, and 1,380-square-feet of space.

 

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The house has an open floor plan, a 2 story great room, two brick fireplaces, and hardwood floors throughout! The bathrooms have recently been remodeled. Got a lot of stuff? It has an oversized garage ready to store your items.

 

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Updated and move-in ready, this house could be yours for just $139,900! This is not a foreclosure home or short sale!

Browse more Saint Paul MN Real Estate and homes for sale.

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Home Buyer Tax Credit Extended for Pending Sales

Sunday, July 4th, 2010 at 8:48pm. 138 Views, 0 Comments.

President Barack Obama has signed legislation into law giving consumers already in the process of buying a home three more months to close on their homes and still qualify for a popular tax credit from the government.

First time Home buyers who signed contracts by April 30 who failed to close by the original June 30 deadline will now have until September 30 to complete their purchases. The $8,000 tax credit for first time homebuyers and $6,500 credit for others purchasing a new primary residence was a highly popular temporary measure to spur home sales during the economic downturn.

The measure will help as many as 180,000 homebuyers who would have otherwise missed the June 30 deadline because banks and settlement offices were dealing with a huge volume of…

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Planned New Neighborhood Holds Promise for Saint Paul

Thursday, July 1st, 2010 at 9:32pm. 235 Views, 0 Comments.

Civic, community, educational and political leaders in Saint Paul want to create a long-term plan to revitalize the Frogtown and Summit-University neighborhoods.

Along with 339 other communities in the U.S., the Wilder Foundation of St. Paul has applied for a $500,000 grant to plan the Promise Neighborhood. This Saint Paul neighborhood would be designed to improve the lives of its residents by focusing on the health and well-being of children and families.

From making more fruit and veggie servings available to prekindergarten children to tracking students's progress through college, the Promise Neighborhood idea is sometimes referred to as a "cradle-to-career" approach. The Promise Neighborhood's proposed all-emcompassing philosophy is modeled after the…

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