Eric's Blog

Market changes drastically from last year with pending and closed sales up significantly from this time last year.  Expect prices to show a slight bump due to frenzied first time buyer activity trying to get into a home before the now extended tax credit was to expire.  The volume of first time b...

Rates seem to be staying stable.  However, the Fed has indicated that the economy may have slight improvement and that it may have to start raising rates in the next quarter or two to stem off inflation.  First time buyer credit expires 11/30/09, but there are and still will be homes that are ext...

There have been alot of rumors and information that has been wrong floating around blogs and some real estate websites.  Below is the correct information you need to understand the extended tax credit.  As you will see below, it now applies to current home sellers looking to move up or down as ho...

Rates seem to be staying stable.  However, the Fed has indicated that the economy may have slight improvement and that it may have to start raising rates in the next quarter or two to stem off inflation.  First time buyer credit expires 11/30/09, but there are and still will be homes that are ext...

So your thinking you need to purchase a home in the next seven weeks because you might not have a chance to collect on the $8,000 tax credit coming to an end in November.  Personally I think you should take another look at the market and affordability.  Many real estatee professionals will not li...

We over ordered football schedules this year and are offering to send anyone interested in a magnetic Vikings/Gophers combo schedule for free.  E-mail Eric@EricHelmers.com with your name and address and we'll send you the magnetic schedule or if you request, we can e-mail you a copy in adobe form...

Rates remain remarkably low giving real estate buyers and investors amazing opportunities to save tens of thousands of dollars or trim years of their mortgage.  $8,000 tax credit ends 11/30/09.  Buyers should understand that they need to have identified a property, had a offer accepted and title ...

Rates remain remarkably low giving real estate buyers and investors amazing opportunities to save tens of thousands of dollars or trim years of their mortgage.  $8,000 tax credit ends 11/30/09.  Buyers should understand that they need to have identified a property, had a offer accepted and title ...

For most in this market, conventional thinking would be that real estate agents would be notifying and motivate buyers to act quickly in order to take advantage of the $8,000 tax credit that is soon to expire in November.  The point I want to make is to sellers that may have equity left in their ...

Here is this months market report showing trends for the Maple Grove area. Trends show median sale prices are still showing signs of depreciation in Maple Grove.  The vast majority of sales in this area are still foreclosures which are impacting on this number.  Marketing times year to date have ...