Pat's Blog

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Real Estate Agent - Exit Realty Metro

ARCHIVED BLOG POSTS

2007 

It may seem strange during this time when all we hear is "Buyers market" to call real estate the Greatest Investment.  But it has been and will continue to be the best tool used by most Americans to build wealth.  There are two primary reasons why we rate this as the greatest investment. Home and...
Posted almost 7 years ago
10 Comments
If you are in a battle but don't realize it or refuse to acknowledge it, you are sure to lose.  Underestimating your competition can prove fatal.  For years, real estate commissions have been under attack. Historically, FSBO's and discount brokers have been a small share of the market, while full...
Posted almost 7 years ago
The National Association of Realtors reported today that sales of existing single family homes dropped to an adjusted annual rate of 5.99 million in May, the slowest pace since June 2003.  Pardon me, but I thought 2003 was a pretty good year for real estate sales.  The median sale price was down ...
Posted almost 7 years ago
It's time to discuss what we Realtors do for our clients.  Why do we get paid as much as we do?  Why do our clients keep coming back to us, and send us referrals?  Answers to these questions and more after a commercial break from our sponsor.   It's not really a commercial break, just a game.  Ca...
Posted almost 7 years ago
A recent article in the Minneapolis Star Tribune, "Straw Buyer deals fuel tidal wave of foreclosures", discusses a problem that has been big for over a decade.  Back in the 1990's, it was called the "Flipping Scandal".  It involves property sold at inflated prices to unsuspecting buyers In this s...
Posted almost 7 years ago
Minneapolis has seen an unusually high number of rental apartments converted to condominiums in the last few years. This has received considerable negative attention, since some tenants have been forced to move and some affordable rental units have been lost. But the conversions came at a time wh...
Posted almost 7 years ago
The Buyer's Market"In It for the Long Haul"The spring and summer months are typically the busiest time for real estate, but the hoped for rebound in the market has yet to occur.  Many had suggested the rebound would occur this year, but now that it's obviously not, next year is the favored target...
Posted almost 7 years ago
Rainer
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Pat Paulson

Realtor Minneapolis, Minnesota
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