Archive for the 'minnesota' Category

Mounds View complete rehab

I have a 2 bedroom single family home for sale in Mounds View. Top to bottom rehab.
Home has new everything. All new windows, new siding, all appliances (range, fridge, washer, dryer are stainless and new), new water heater, recent new furnace. Large 2 car garage.  New deck and above ground pool. 
Check it out, MLS 3324304

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Metro Mag

If you get a chance pick up the Feb issue of Metro Mag. I am mentioned in the article on Pages 72-74.  Ill post more about it later.

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Condo conversion, boy oh boy!

I stumbled upon a site today that really got me thinking…
Lets face it, the condo conversion game in the Twin Cities is nearly dead, for a number of reason. A few of those reasons are:
1. For buyers of projects, or buildings to convert, the prices are so escalated (per unit) that it doesnt make [...]

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The sad fate of Southdale

First we read that Southdale current owner Mills Corp is warning of possible bankruptcy. Apparently their accounting errors might cost as much as $352million. How does that happen?
Worse news. Brookfield Asset Management Inc. has agreed to buy struggling real-estate firm The Mills Corp., which owns Southdale Mall in Edina, for $7.55 billion. Why is that [...]

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Beer and Real Estate, my personal favorite

Anyone know that cool old Schmidt brewery on West 7th Street in St. Paul.  I remember going there when I was young with good ol’ dad.  He was a beer sign collector and was always hitting them up for beer signs.  From an investment perspective, some of the old beer signs sold for a good [...]

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Location, Education, and Real Estate

Its always been a bit of a surprise how few of my clients factor in the school or school location/assignments into their home choices.  Dont get me wrong, most of the clients are either pre or post the parenting stage, and many clients have made it their number one concern.  However it still seems way [...]

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Twin Cities real estate bounce back

Its official, I think…
The real estate bounce back is arriving. With 5 sales in December and some offers rolling in already and January, I think the market is finally turning back.
There are less listings, which helps. Interest rates are holding steady, and lower than anticipated.
AND the media is cooperating with the above sentiments.
I dont think [...]

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Compelling search for money

Ive browsed this list before, its quite interesting, and worth the minute it takes to look up your last name.
The unclaimed property in Minnesota is rather vast.  Anyone want to go into business finding these folks?
Derrik Dyka Minneapolis realtor and real estate investor

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minneapolis suburbs

Anoka
Big Lake
Blaine
Brooklyn Park
Coon Rapids
Elk River
Fridley
Mounds View
New Brighton
Spring Lake Park
St. Anthony
Apple Valley
Bloomington
Burnsville
Eagan
Lakeville
Mendota Heights
Prior Lake
Richfield
Rosemount
Shakopee
Albertville
Carver
Chanhassen
Chaska
Crystal
Eden Prairie
Edina
Golden Valley
Hopkins
Long Lake
Maple Grove
Medina
Minnetonka
Mound
New Hope
Orono
Plymouth
Robbinsdale
Shorewood
St. Louis Park
St. Michael
Victoria
Wayzata

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Real Estate Sales Commissions

I found this article, which is more of a report by someone else, to be one of the most insightfull on real estate sales commissions for the consumer.
The gist of it is, in slower markets, its in the sellers best interest, believe it or not, to pay a full commission rate OR HIGHER, and not [...]

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