Ryan Bretzel's Real Estate Thoughts

Real Estate Agent - Keller Williams Premier
Currently we have seen an increase in activity of buyers in the area.  New listings are down 4.1% from this time last year and active listings are up 11.5%.  The biggest change is Pending sales are down 44.8% from this time last year!  The days on market for a home to sell went from an average of...
Fannie Mae's policy changes have several goals: 1. First encourage homeowners to work with their lender to pursue alternatives to foreclosure. Such as loan modification, a short sale, or a deed-in-lieu of foreclosure. 2. Homeowners who walk away and had the capacity to pay or did not work out alt...
Keep your eyes out for decks that are built like this.  You don't want to fall victim to a collapse!  If you watched the news this weekend, you probably heard about the deck collapse that happened in Coon Rapids on Friday.  On WCCO news, they even had an expert speculate that the deck collapsed b...
As you may be aware the Senate voted 60-37 last Wednesday to extend the First Time Home Buyer Tax Credit until September 30, 2010 ONLY for buyers who had signed contracts by April 30, 2010.  Due to the fact that many buyers have offers on short sales the time to hear back from the bank and close ...
Here is a quick guide I received from my loan officer regarding what you can and can not repair when using the FHA 203K rehab loan.  Remember this is just a guide and not an everything list.  Also remember the contractor doing the work needs to be approved by FHA 203K.  Borrower(s) Shopping Guide...
Tax Credit, economy recovering, or both; numbers are numbers and at least they are positive.  i was recently reading an article in the Pioneer Press posting the latest numbers from the Minneapolis Area Association of Realtors regarding April 2010's median sale prices compared to April 2009 number...
So yesterday I received an offer from an Agent and Buyer who had never seen the property!  I know it can be commen for agents to see a home on behalf of a buyer who is out of down and coming in but this is a little unusual.  The home has been on the market for 3 weeks and is actually priced prett...
Everyone wants better visibility on the web with their blogs, websites, and other informational sites.  With all the new websites and information yours can quickly get pushed to the bottom.  Here are some simple steps to follow to help increase ranking. 1.  Twitter:  Tweets are indexed by Google ...
We all know that buyers want their home to be in tip top shape.  There are several things that a home owner can do to insure that little to no issues arise when the buyer does their home inspection.  I encourage you to have the home inspected or in many cities there is the "Truth And Sale" or "Po...
Have you ever wondered where the top public schools are in Minnesota or any other state?  Well there is an easy website that can help you out.  In a recent article I was reading in News Week they have randed the top 1500 U.S. Public High Schools. In Minnesota there were 28 schools in the top 1500...

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