Passive Saving Puts More Money in Your Bank Account
Sadly, Americans are not good savers. A survey done last year by GOBankingRates found that 69% of us have less than $1000 in savings while 34% live paycheck to paycheck and have no savings whatsoever. This holds true for Millennials as well and considering the fact that approximately 66% of them have a student loan to pay with an average balance of $40K, we need to do better.
By the time we reach adulthood, saving should be a regular habit in our lives. We will need money to purchase our first home, then to save for our children’s education, and for our retirement. But given the statistics stated above, it is evident that for way too many of us saving money is not easy. When we think of saving, it conjures up words like austerity, frugality, deprivation and we make a face like we just bit into a lemon. What if I can show you there is a way to start saving that is painless. It’s...
Twin Cities Real Estate Market Review by Top Remax Results Team
It’s that time again, the brand new year that marks the start of 365 days of new opportunities as well as new challenges. It is a psychological line of demarcation between what past and what will happen in the next 12 months. Some factors we can control and others we can’t but still, it is a fresh start. An opportunity to review and evaluate, amend and renew as we head into the new year.
This is the time I look back and celebrate the accomplishments of the Minnesota Property Group of RE/MAX Results as a team, and mine personally as the team leader. While I celebrate the successful outcomes, the resolve to do better for my clients, my team, my community and my family is the cornerstone on which I will build my priorities for 2017.
It Was A Great Year in Real Estate for The Twin Cities Top Realtors
The Minnesota Property Group, like the 2016 housing market, had a very successful year in local Real Estate. As the team leader, it has been profoundly gratifying for me to oversee...
Local RE/MAX Agents Named Among “America’s Best”
The Minnesota Property Group Earned Ranking for 2015 Home Sales
Plymouth, Minnesota July 26, 2016 – The Minnesota Property Group led by Joe Houghton with RE/MAX is among the 2,691 RE/MAX agents and teams featured in the 2016 REAL Trends “America’s Best Real Estate Agents” survey. The agents included in the survey represent less than 1 percent of all real estate professionals in the United States.
On learning the news, team leader Joe Houghton said, “Our team focus is treating our clients like members of our own family to provide them with the best possible home selling or buying experience on the planet. To have our team recognized alongside of so many hard working, dedicated real estate professionals is an accomplishment and we are honored to be named ‘America’s Best’. I’m so proud of my awesome team!
“America’s Best” is the industry’s largest ranking of agents based on homes sold in 2015. The survey is open to individual agents who closed at least 50 transaction sides or $20 million in sales volume and teams...
The beginning of a new year is a beautiful thing! It is a perfect opportunity to review the past 12 months and compare it to the previous 12 and celebrate the success we have achieved. Also, as we learn what worked well and what did not, we are in a better position to focus our energy in the coming year where we may have fallen short of our goals. For many of us it is the fresh start we need to clean the debris field of the old year and start with a clean slate for the new while for others it’s the beginning of another cycle of building on past achievements, adjusting priorities as well as setting new goals. To me it is like a pool of crystal clear still water waiting for me to stick my toes in and create some ripples, or maybe jump in with my whole being and create a huge splash!
For The Minnesota Property Group, it was an outstanding year. Kudos to Mike Milne, Derek Irving and Andrew Klinkner. Thanks in part to a comeback in the Real Estate market surpassing all others, my team and I saw our best year of sales ever! We are pretty excited about that fact. We are also proud to...
The New Year is freshly fallen snow the morning after a storm...free of footprints and markings of travel...as each day unfolds, so, too will be your path into the New Year, footprints in the snow.
Who doesn’t love a new beginning, a fresh start, or a clean slate? So pour the bubbly and welcome in the New Year as you escort 2014 out the door! Welcome 2015 with your 12 months of new opportunities, 52 weeks of success stories, and 365 days to dream bigger, sparkle more and shine brighter than we did last year!
Predictions for the 2015 Real Estate market are positive and point to a better year for both buyers and sellers. Home values will continue to rise. Interest rates will remain low at least in the first part of the year. Freddie Mac and Fannie Mae will now back mortgages with as little as 3% down. Banks will be easing up on credit requirements. All of these factors combined with high rents make home ownership financially more desirable inspiring Millenniums to finally be enter the market as first time home buyers. Current owners will be anxious to trade up and take advantage of historically low interest rates. Baby Boomers who have been waiting for home values to increase will sell the large family home and downsize. Folks who got hit with foreclosures in 2008 will have them falling off their credit reports and be entering the market again. It’s going to be a good year!
Team leader Joe Houghton is ready! “I believe 2015 is going to be my best year ever, personally and for the whole Minnesota Property Group! I’m excited about our ambitious marketing approach and about the team!” Better yet, here’s ...
post by Lindy Medeiros
Thoughts for the Weekend
Our attitude is extremely important to our behavior yet how much time do we really spend thinking about the condition of our “attitude”? For that matter, how often are we even aware of our attitude on a specific day, hour or minute. Yet, we talk about attitude quite a lot and common phrases in our language revolve around attitude. For instance, you have a bad attitude, you need an attitude adjustment, or you have too much attitude!
Our attitude affects how we think, act, relate to others, and how we approach and solve life’s problems. Witnessing a positive attitude at work is a beautiful thing! We are drawn to those who have mastered that discipline, hoping they will inspire us, offer us guidance and lead us into the light, because people with a positive attitude are generally happier and more successful.
Now this guy has attitude!.
Today’s fast paced and sophisticated world certainly presents us with constant challenges. Maintaining a positive attitude is not always easy, even for those who are naturally positive and upbeat. Yes the dark side is always pulling at us, especially when...
Twin Cities Housing Market Predictions for 2014
Last year the Twin Cities Metro area saw the real estate market spiraling upward towards recovery.The hallmark was a competitive market with record low interest rates coupled with low prices and a sense of optimism bolstered by a firmer job market and a stronger economy.
Predictions for the 2014 Twin Cities Housing Market continue to be optimistic for continued growth, but at a more moderate pace than the previous year as the real estate market and the broader economy continues to improve. We can expect Minneapolis-St. Paul Metro home values to continue to rise from 4-6% in the coming year and although interest rates are on the upswing, they are still historically low and expected to bounce around between 4-5% for most of the remaining year. Foreclosure numbers continue to decline, and Minnesota with a low 7% foreclosure inventory, will contribute to sustainable home values. Almost 2 months into the year we see a stable housing market emerging as we head into the last month of the quarter. What trends are likely to emerge as we head into the spring thaw and what will that mean for buyers and sellers?
Good news for sellers
• Low inventory of property for sale, especially in the early part of the year, lead to increased home values
• As home prices continue to rise, more homeowners will emerge from the...
Minnesota Hud Homes
How certain professions can purchase Hud homes, Foreclosures and the at a 50% discount for only $1,000 down before they are offered to the general public.
The Good Neighbor Next Door Program
The Good Neighbor Next Door Program is a random lottery process. The buyer can’t increase or decrease her bid; everyone will have the same chance. You would be entering his/her name in the lottery on the HUD website. Full-time teachers, law enforcement, firefighters, and EMTs who work in the area where the home is located can receive a 50% discount at closing. To qualify for The Good Neighbor Next Door Program, participants can’t have owned a home in home in the last 12 months. These homes are located in revitalization areas. Those are areas where there’s a higher than average FHA foreclosure rate and a higher than average renter to homeowner ratio. HUD doesn’t pay commission, but they allow buyers with FHA financing to add up to 5% of the pre-discounted price into their mortgage for the commission. HUD also doesn’t pay any of the buyer’s closing costs in the Good Next Next Door Program The FHA buyer doesn’t have to pay for an additional appraisal unless they are getting an FHA 203K Renovation Loan. If they use FHA financing they can add all of their lender fees and escrows to their mortgage. For FHA buyers using The Good Neighbor Next Door program, the down payment is reduced to only $1,000. The earnest money is different than other HUD homes. It’s 1% of the list price with a minimum of $500 and a maximum of $2,000....