Farmington, MN Real Estate News

Farmington Home Prices Farmington Market Conditions 05/07/2014

Farmington Minnesota Housing Market Conditions (March 2014). See where your home stands at http://PriceMyTwinCitiesHome.com 04/13/2014

We all know the old cliche about when politicians lie, "When the lips move."  How about the economists?  Perhaps, " When the pencil (or calculator, or slide rule) moves?  Although there may be more legitimate intent among economists, the result is similar. Today, we have been informed that Novemb... 01/27/2014

Home buyers sometimes find that their wants in housing exceed the limits of their qualified resources.  Their preferred type of home in their neighborhood of choice is priced too high for them.  Some folks in this situation decide that maybe they should find something that needs work in order to ... 05/15/2012

Why are you thinking about buying a new home?  Perhaps you have been living with relatives and the welcome is wearing out.  maybe your landlord is a jerk and he's raising the rent again.  Maybe you have a four bedroom family in a two bedroom home.  Maybe your neighborhood stinks.  maybe your neig... 05/04/2012

Farmington Market Report March 15, 2012 Farmington, MN is one value location that buyers may want to add to their wish lists.  According to data supplied by the Regional Multiple Listing Service of Minnesota,there are 145 active residential listings, and about a third of them are priced at or bel... 03/15/2012

If you're thinking that this may be the year to make the commitment to residential independence, it's time to stop thinking and start acting.  You are not the only person who has a lease that is scheduled to renew in April or May, and you aren't the only one who is unhappy about the rent increase... 02/19/2012

If you want a dry martini, it takes about one part dry vermouth and eleven parts vodka or gin.  Stir or shake depending on your beliefs, and drown two olives.  Eleven to one is what makes the martini dry. So you don't want to make a martini?  You want to buy a home?  Eleven to one is also what ho... 01/12/2012

James Surowiecki is a writer for the highly regarded financial publication The New Yorker.  He was interviewed on CNBC's Squawk Box this morning, and he feels that more people need to consider strategic default as a solution to their underwater home loans.  He cites the fact that American Airline... 12/19/2011

Farmington MN 2011 home sales exceed 2010 totals Sold home totals in Farmington have passed the total units sold in 2010.  According to Regional Multiple Listing Service of Minnesota data, total homes sold in Farmington in 2010 were 382, and the year to date total is 390.  2011 has been a great y... 12/01/2011

Tonight's Republican debate will focus on the economy with emphasis on housing Tonight's Republican candidate debate may be worth a look.  One of the moderators, CNBC's Steve Liesman said this morning on Squawk Box that he and the other moderators will be asking some specific questions about the ... 11/09/2011

He may be a lunatic, but he's got you making his mortgage payment every month.  Your landlord understands the value of home ownership.  That's why he owns your home, and he's getting rich in the process.  He may be crazy, but he sure isn't stupid, is he? Interest rates continue to remain low, and... 07/07/2011

February 2 marked the beginning of the Minnesota house hunting season, and it looks like buyers have responded well inFarmington.  According to Regional Multiple Listing Service of Minnesota, there are 116 homes for sale in Farmington priced at or below $200,000.  Since February 2, there have bee... 02/26/2011

The official Minnesota house hunting season began on February 2, and renters across the state are reporting that their landlord did not see his shadow when he ventured out to collect any rent payments that were a couple days late. A sunny morning would have delayed the house hunting season anothe... 02/12/2011

02/03/2011

If you're considering buying a home in Farmington, demand that the agent assisting you advocate exclusively on your behalf. If the agent does not put his/her commitment in writing, you are being short-changed. A buyer agency agreement binds agents to put your interests ahead of theirs. They must ... 01/18/2011

There are a lot of homes on the market, and there are a lot of homes that were listed and failed to sell. Many homeowners have listed their Farmington homes for months with nothing to show for the effort but an expired listing contract and a pile of buyer agent business cards. Lots of showings an... 10/01/2010

According to the Dakota County Community Development Agency, there is still funding available for their downpayment and closing cost assistance program.  There are a few qualification criteria, but they are not extremely prohibitive.  For instance, maximum annual income for a one or two person ho... 04/13/2010

Down payment assistance is available for first time Farmington home buyers and others who have not owned a home for at least three years. This program is made available through the Dakota County Community Development Agency, and it provides financial resources to make your home purchase successfu... 03/16/2010

The east side of my home has had the benefit of tons of sun the last two weeks, and of course is no longer covered with snow. I checked things out a day ago to see what kind of clean up I was going to need to do, as I left some of my coneflowers up during the winter so the birds could have some s... 03/05/2010