Burnsville, MN Real Estate News

By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
 Wow! Incredible River Hills Nieghborhood 2 Story, ready for your large or growing family with many updates, huge 20X20 vaulted addition great room, fantastic deck, fenced backyard, hot tub with gazebo w/pergola, cement driveway, and so much more....  FULL Virtual Tour Text Stieg Strand with RE/MAX Results for your private showing or more information today! 612.490.2121   
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By Bob Elliot, 20+ Yrs Industry Experience
(eXp Realty)
Last week's economic reports were in short supply due to the Christmas holiday. Events reported included Case-Shiller home price indices, pending home sales and weekly readings on mortgage rates and new jobless claims. Consumer confidence was also released.  Case-Shiller Readings Indicate No Slowdown in Home Price GainsCase-Shiller's October readings for its home price indices showed continued growth in home prices. In spite of rising home prices and mortgage rates, high demand for homes and slim supplies of homes for sale continued to fuel higher home prices.According to Case-Shiller's national home price index for October, home prices rose 5.60 percent on an annual basis as compared to September's reading of 5.40 percent. The 20-city home price index rose to 5.10 percent from Septembe...
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By Shar Sitter, Home Staging and Redesign Minneapolis/ St. Paul, M
(Rooms With Style)
My job is so fun because it is always different. Although I mainly work on residential homes both for selling and for staying, every once in a while I get to work on a commercial project. On the latest one it wasn't just some little one office job or an entryway. It was an 18,000 sq foot full demo and rebuild. It has taken 10 months of working with architects, contractors, designing every last detail and shopping for lights, accessories and furniture for over 50 spaces. But it's done!!Here are a few before and after photos of the main entrance and a couple of the offices. Enjoy!                                    So wouldn't you like to work here??   Shar Sitter, owner Rooms With Style Home Staging and Redesign Minneapolis MN.CHSE and APSD Home Stager Pro Trainerwww.RoomsWithStyle.com95...
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By Stieg Strand, Always showing up and working hard for you
(RE/MAX Results)
Click here for Burnsville Schools, Parks, Crime, and demographic info now.  Click here to research what my Burnsville home is really worth now?
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By Eric Hempler, Minnesota Realtor
(The Minnesota Real Estate Team)
Burnsville Minnesota Housing Market Conditions (March 2014). See where your home stands at http://PriceMyTwinCitiesHome.com
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By Bob Elliot, 20+ Yrs Industry Experience
(eXp Realty)
April 15th seems a long way off, but it will be here before you know it. Now is the perfect time to start getting your paperwork in order. Owning real estate can make a big difference on your tax return, so make sure that you're taking advantage of all the deductions you're entitled to. We've outlined a few below: Mortgage Interest Unless you paid cash for your purchase, you probably took out a loan to buy your St Paul home. Mortgage interest is one of the best tax deductions available, so be sure to hang on to that 1098 Mortgage Interest Statement from your lender. You can almost always deduct the entire amount of interest paid per calendar year. Real Estate Taxes Depending on where your property is located, you are likely paying real estate tax, either to the state or to a local gover...
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By Mike Carlier, More opinions than you want to hear about.
The most frequent question I hear from consumers who call me about an ad is, "Can you help me buy a home?"  Often the answer is that I probably can't, at least not in the near term. The fact that you wanted to buy a home was about all it took in 2004-2006.  It was not uncommon for people who could not afford the rental deposit to instead buy a house with totally empty pockets.  With home prices escalating at unrealistic rates, credit was extended to virtually any human who could sign the documents.  If you couldn't make payments, there was little perceived risk to the lender because the home could be repossessed and re-sold with little or no loss. That was then and this is now.  Without adequate credit and reasonable income to debt ratios, simply wanting to buy a new home will not get t...
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By Mike Carlier, More opinions than you want to hear about.
If you live in Burnsville and have been thinking about adding extra space to your present home, the City is offering some help in the form of rebates on the price of building permits and site review fees.  According to a press release from the city, "The rebate program began in early 2012 and is applicable to any building project that increases the livable square footage of a single-family, two-family or townhome dwelling in Burnsville. Rebates are available for room and second-story additions as well as full-home demolition and rebuilds. The rebate does not apply for decks, garages, accessory structures, interior projects or cantilevers." This rebate applies only to projects that add additional living space including complete demolition and rebuilds.  For more information, contact the ...
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By Mike Carlier, More opinions than you want to hear about.
USDA does a great job administering the rural development loan program.  People in the more sparsely populated areas get a chance to own a home with lower startup requirements than most other programs.  Although USDA is already in the housing business of sorts, my focus in asking whether the government department would benefit from HUD acquisition has nothing to do with housing. HUD provides transparency in transactions to consumers when they buy or sell a home.  The disclosure requirements and the other behavior mandates through RESPA keep the housing and lending industry above ground and over the table in exemplary fashion. Now let's look at USDA.  With its key positions often staffed by puppets of the major chemical manufacturers, is it a wonder that they manage to allow questionable...
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By Mike Carlier, More opinions than you want to hear about.
Burnsville's annual Home Remodeling Fair will be held on Saturday, April 14, from 9:00AM to 2:00PM in the Burnsville High School, located at 600 East Highway 13.  The Home Remodeling Fair is a great place to browse for remodeling and decorating ideas, as well as an opportunity to talk to a number of local home improvement professionals.  If you're thinking about a project this year, this is the place to go to choose the right firm for the job. Past years have featured seminars and a number of public services represented as well.  Admission is free.  This is a good one to add to your April calendar.  
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By Mike Carlier, More opinions than you want to hear about.
If you planned to get a jump on the rest of the early season house hunters, you're about out of time.  The Official Minnesota House Hunting Season begins at sunrise tomorrow.  I know that a lot of folks call it Groundhog Day, but that's just a code phrase for House Hunting Day.  With a large percentage of leases up for renewal in May and June, and notification of renewal due a month or two before then, now is the time that residents of temporary housing need to make a decision.  Will you return quietly and gently into the black hole of renting for another year?  Will you accept the offer to be allowed to live in someone elses home for a higher rent payment than last year's already too high price?  It's your choice, and it just depends on how highly you value your lifestyle.  What's crit...
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By Tom Scott, Re/Max MN Realtors and Real Estate Agent
(Remax Advantage Plus)
12978 Nicollet Avenue #102, Burnsville, MN 55337 Turnkey 2BR 1BA with assigned garage stall. Ground level patio and close to development amenities like pool, tennis courts and club house. Close to Burnsville transit and Cub Foods. Sold As is Fannie Mae HomePath property. Please include all supplements with offers. Only owner occ offers considered during 1st 15 days of list. Check Homepath.com for details/days on market. Buyers/buyer agt to verify all info/msmnts. View ALL PHOTOS and more details of 12978 Nicollet Avenue #102, Burnsville
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By Mike Carlier, More opinions than you want to hear about.
Truth is that I don't ever want to find myself living somewhere without at least one dog in the house.  Granted, many folks couldn't care less about having a canine companion, and some find the idea repulsive.  That's fine, but I think they're missing a lot. If you are a renter and you can't have a dog, the first thought may be that it's Mr. Landlord's fault because he's the one who says there are no dogs allowed.  Well, although that's correct to a point, it's really not his fault.  You chose to live there, and you choose to remain there.  If you're wondering who should be blamed, find a mirror.  You're living in temporary housing, and there are certain things you can't do in temporary housing.  You can't have a dog, you can't decorate the way you want, and you can't stabilize your mon...
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By Tom Scott, Re/Max MN Realtors and Real Estate Agent
(Remax Advantage Plus)
12962 Nicollet Avenue S #102, Burnsville, MN 55337 MLS 4106617 Fannie Mae property. 900 sqft 2BR 1BA ground floor unit w/ patio. HOA has pool, tennis court and other amenities. Walk to shops, restaurants and the new Heart of The City project. New very large mass transit station just 1 mile NE of the property and 3 blocks to 35W. UNDER $30,000! more DETAILS and view ALL PHOTOS of 12962 Nicollet Avenue S #102, Burnsville, MN 55337 MLS 4106617
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By Mike Carlier, More opinions than you want to hear about.
If you're renting right now, you're  living in temporary housing.  Unless you're suffering from one of the maladies that make landlords so stinkin' rich, it's probably time to take some action toward a lifestyle upgrade.  Some renters have not adequately  managed their finances.  That is not necessarily a character defect, but it does cause ones lifestyle to suffer a lot.  The reasons for this condition are, just like the government, a renter is either not making enough to satisfy their needs, or they're spending too much to get their head above water, or they have long term commitments that prevent them from living a financially normal life. Lack of sufficient income is difficult, but it is usually temporary if you're intent on improving the situation.  What is important is to continue...
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By Mike Carlier, More opinions than you want to hear about.
According to an article by Lawrence Yun there are 1.4 million more renters in America today than a year ago.  This is good news for landlords and aspiring landlords, because the increased demand without corresponding increases in supply translates to higher rents.  If you're thinking about buying some income property, the cash flow projections should become increasingly more attractive.  If you're a renter, you can probably expect to see your landlord with a new truck after he raises your rent. Given the attitude today in Washington that America will be better off as a nation of renters, investment property looks better every day.  If you're interested in watching your money grow, love tax incentives, and don't mind being just a little participatory with your investments, you may want t...
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By Mike Carlier, More opinions than you want to hear about.
Did you ever notice that the place you're renting is kind of bland?  The walls are all the same color.  The place next door is distinguished from yours by a different number and little else.  The only personalization of the place is that your name is on the mailbox.  Have you ever waked in the morning, looked around, and forgotten that you're no longer in a college dorm?  You're in the Land of the Bland, and the only way out is to make a decision for your individuality. The reason for the blandness is simple.  Your living space has to be interchangeable with virtually anyone who uses it after you're gone.  Quick turnover is an economic necessity, and anything that makes the place look either different or like it belongs to you will delay turnover when you leave.  Rental housing is tempo...
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By Mike Carlier, More opinions than you want to hear about.
Even in times when home values are increasing, people have life-changing events that cause them to have to sell their homes.  Today, many homeowners have owned their homes for a while and have borrowed against the home's value to pay other bills or to make large purchases.  Many others bought their homes near the top of the market, and they are simply not worth what they owe.  The problem arises when someone has to sell their home today.  Job loss, illness, divorce, or death of one of the income producers all are reasons people can no longer afford to keep their homes.  When you have to sell your home and it's worth less than you paid, you usually end up losing it to the lender or through a short sale.  That's a scary experience, and it will happen to about a million homeowners this yea...
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By Shar Sitter, Home Staging and Redesign Minneapolis/ St. Paul, M
(Rooms With Style)
I LOVE Getting Emails Like This! - Home Staging in Burnsville, MN "Dear Shar: Here is a very belated thank you for your assistance with staging our house back in February. I was dubious when our real estate agent suggested staging. I was worried it would add more stress to an already stressful situation but just the opposite was true. It was so reassuring to get a professional opinion and it was amazing the difference small changes in our own furniture arrangement and accessories made in the appearance of our home. You were so upbeat and supportive - even answering panicky e-mails on a Sunday afternoon! Despite 7 other units in our townhome community being on the market at the time of sale in June (some bigger, some less expensive, some end unit models) our unit was the first to sell, a...
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