North River Court, Rochester, MN Neighborhood Information and Market ReportThe North River Court NeighborhoodNorth River Court is a lovely suburban subdivision in the northeastern part of the city of Rochester, MN. The district is located southwest of North Broadway Avenue and 37th Street NE corner. Residents in the neighborhood are a short drive to Downtown Rochester and can enjoy the many attractions in the town center.If you are looking for a home in Rochester, there are excellent properties for sale in North River Court. The neighborhood typically has three to four-bedroom home models built during the early 1990s. The five-bedroom models in the community, on the other hand were built in the mid-2000s and are primarily on the western side of the community. Check out our original neig... 10/20/2019

John Adams, Rochester, MN Neighborhood Information and Market ReportThe John Adams NeighborhoodJohn Adams is a family-friendly residential neighborhood in the north-central part of Rochester, MN. The district is located east of 18th Avenue NW, south of 37th Street NW, and north of the Elton Hills subdivision. The community offers a wealth of amenities to its residents and is close to parks, schools, churches, and shopping centers.Houses in the John Adams neighborhood are primarily single-family homes that come in two to four-bedroom models. These houses are quite affordable, making them an ideal housing option for young couples looking to get their starter home. Each house comes with typical features you would expect from a suburban home, including an attached parking garage, living roo... 10/20/2019

Glendale, Rochester, MN Neighborhood Information and Market ReportThe Glendale NeighborhoodGlendale is a residential suburb in the northeastern district of Rochester, MN. The community is located southeast of the corner of East Circle Drive NE and North Broadway Avenue bordered by Viking Hills to the north and the North River Court to the west. Residents in the community can enjoy the many amenities, commercial establishments, and public parks close to the subdivision. Schools are also plentiful in the area, making it an excellent option if you plan to move here with your children.Glendale is a recently developed neighborhood offering beautifully made single-family residences. These houses come in two to four-bedroom models with all the features you would expect from a standard suburban... 10/20/2019

Folwell, Rochester, MN Neighborhood Information and Market ReportThe Folwell NeighborhoodFolwell is a well developed district with a combination of residential and commercial areas right in the central part of Rochester, MN. The community is located southwest of the downtown area bordered by Pill Hill and Historic Southwest to the east, and US Highway 63 to the north. Folwell incorporates multiple subdivisions and residential developments, schools such as Saint Mary's Campus, and the similarly named Folwell Elementary School. If you are in the market for a new home in the city, Folwell offers one of the most convenient areas to live in the city.Homes for sale in the Folwell neighborhood are mostly single-family homes with the classic suburban architecture common in the region. These hou... 10/20/2019

Greystone - Baronwood, Rochester, MN Neighborhood Information and Market ReportThe Greystone - Baronwood NeighborhoodGreystone – Baronwood is a luxury residential subdivision in the southern district of the city of Rochester, MN. Located along 18th Avenue SW, residents are a 10-minute drive to Downtown Rochester. The exclusive community features some of the most beautiful residences in the city. The neighborhood features lovely amenities and family-friendly common spaces. If you are looking for a home surrounded by mature trees, beautifully landscaped greenery, and exquisite homes, you've come to the right place.Homes in Greystone – Baronwood are well made custom single-family houses. They come with beautiful exteriors, many of which have professionally made with mason stone walls or we... 10/20/2019

Golfview, Rochester, MN Neighborhood Information and Market ReportThe Golfview NeighborhoodGolfview is a masterfully planned golf community which is located in the northwestern outskirts of the city of Rochester, MN. The private residential subdivision is a luxury community offering resort-like amenities and beautiful single-family homes. Families who are looking for a quiet and relaxed living environment within a suitable distance from the city center will appreciate the lovely homes for sale in Golfview.Homes in Golfview come in classic suburban American home architecture with lovely brick exteriors, large windows, and attached parking garage. These residences typically come in a four or five-bedroom design with open floor layouts. Each of these houses is designed with a full kitchen ... 10/20/2019

Historic Southwest, Rochester, MN Neighborhood Information and Market ReportThe Historic Southwest NeighborhoodHistoric Southwest is an iconic historic district in the southwestern part of Central Rochester, MN. The area features well preserved homes and landmark buildings that highlight the rich history and culture of the community. Located next to the city center, residents can have easy access to Downtown Rochester and the many commercial establishments and business centers of the city.Homes for sale in Historic Southwest, as the name implies, are beautiful pre-colonial residences that have preserved the beautiful architecture of the era. These residences have charming exteriors with large windows for ample natural light and lovely brick or wood walls. Inside these houses, you can fi... 10/20/2019

Foxcroft, Rochester, MN Neighborhood Information and Market ReportThe Foxcroft NeighborhoodFoxcroft is an idyllic suburban neighborhood in the southwestern part of the city of Rochester, MN. The district is located south of the Rochester Golf and west of the Baihly Meadows neighborhood. Like most neighborhoods surrounding Downtown Rochester, the neighborhood serves as the perfect bedroom community for families looking for a spacious home in the city. Real estate in Foxcroft is some of the most sought after properties in the city of Rochester. The community features well priced residences conveniently located in a private luxury neighborhood with exceptional amenities exclusive to residents. Houses in the area come with large lots that have spacious backyards surrounded by mature trees. ... 10/20/2019

Baihly Woodlands, Rochester, MN Neighborhood Information and Market ReportThe Baihly Woodlands NeighborhoodBaihly Woodlands, like its sister neighborhood Baihly Meadows is a beautiful suburban community in the central part of Rochester, MN. Since the neighborhood is located in the middle of town, residents have easy access to the many commercial and business centers of the city. The beautifully designed subdivision was built to provide a welcoming and family-friendly living environment to its residents. There are lovely neighborhood amenities and beautiful single-family homes throughout Baihly Woodlands. Homes in the area typically come in three to six-bedroom layouts with the classic two-level architecture common in the region. Check out our original neighborhood post at https://www.do... 10/20/2019

Baihly Meadows, Rochester, MN Neighborhood Information and Market ReportThe Baihly Meadows NeighborhoodBaihly Meadows is a residential neighborhood located in the southwestern part of the city of Rochester, MN. The community is a short drive from Downtown Rochester making it an ideal option for home buyers looking for a new home for their family close to the city center. The subdivision is a relatively new development which means you can find newly built homes and a few lots ready for construction.Houses in Baihly Meadows are primarily suburban single-family homes that come with beautiful exteriors that are a mix of bricks and wood panels. These residences also feature open front yards that are well landscaped with emerald green lawns and a blend of mature and young trees. Home designs ... 10/20/2019

Elton Hills, Rochester, MN Neighborhood Information and Market ReportThe Elton Hills NeighborhoodElton Hills is a lovely suburban neighborhood in the northern part of the city of Rochester, Minnesota. The district is centered in the similarly named Elton Hills Elementary School. John Adams Middle School border the community to the north, North River Court to the northeast, Viking Park to the southeast, and US Highway 63 to the west. The subdivision features a classic cul de sac feel with charming single-family homes and mature trees lining the neighborhood streets.Homes for sale in Elton Hills are suburban residences with the classic ranch-style design or two-level suburban architecture. These residences come with large lots that have spacious yards, a private driveway, attached parking... 10/20/2019

Pill Hill, Rochester, MN Neighborhood Information and Market ReportThe Pill Hill NeighborhoodPill Hill is a beautiful neighborhood in the southwestern part of Downtown Rochester, MN. The neighborhood is an iconic district known for its landmarks and well-preserved historical houses. Centrally located in the heart of Rochester, residents have easy access to the central business district of the region as well as various outdoor attractions. If you are looking for a home close to everything, Pill Hill has some excellent housing options for you.Homes in the community have kept their unique pre-colonial architecture with exquisite brick and wood exteriors. These single-family homes typically come in the standard two-level model with three to five-bedroom layouts. Growing families looking for... 10/20/2019

It's a lovely Monday morning here in Rochester, Minnesota.  I looked out my window this morning to see the world famous Mayo Clinic shrouded in a foggy haze.  No, it wasn't actually fog, is was a cloud of ice crystals hanging in the air.  Oh yes, it was 22 degrees below zero and the wind was blowing 20mph. Schools are closed thoughout the entire state.  Several business have closed, while others are encouraging non-essential workers to stay home. Even though it's a lovely, sunny day, I've cancelled all of my showings for the day.  Not that I'm afraid of the cold, I'm thinking of the sellers I would be forcing into the cold.  With windchills exceeding 50 degrees below, I don't have the heart to ask people to leave their warm houses and get into their cold cars and head out into winter's ... 01/06/2014

You know the moving day drill: pack, carry, load, drive...  Oh yes, you also need to sign the documents to sell your home!  One more task in a day full of jobs and to-do's.  But, your moving day just got easier. Did you know that as a seller, you can sign your documents to sell your current home days or even weeks prior to the actual closing day?  This means that you can market off one of your moving days tasks BEFORE moving day!  Save time, save stress, and make the day more relaxed. This is just one more example of how we're doing everything we can to make your move to and from Rocheser Minnesota as smooth asn easy as possible. Greg and Beth HostetterREMAX Results GregHostetter@remax.net507-287-7777 We Create Moving Experiences!   09/13/2013

Starting September 23rd, we’re teaching our home selling/buying classes and our personal finance class.  More and more people are looking to take advantage of the improving real estate market, so Rochester Community Education has asked us to teach our popular series of five classes.  Join us for one or two classes or take all five and enjoy the opportunity to  learn the latest information on the local real estate market and get all your questions answered.  It’s fun, relaxed, and a really good time.Avoid the "Money Pit" in your Next HomeMonday September 23rd  7:00-8:30PMDiscover how to objectively analyze a home, looking past the beautiful staging to spot potential money pits. Buying a home is one of the largest financial purchases you will ever make; don't make it your biggest financia... 09/09/2013

 Being a Realtor is such a wonderful job! I consider many of my past clients good friends and part of my extended family. There are many reasons why people move and I pride myself in taking the time to get to know my client's needs, wants, budget and help them navigate through the complex world of real estate. It is an honor to be affiliated with the Homes For Heroes program and I am looking forward to working with you to achieve your goals! I have been a licensed Realtor for the past 5 years and the Managing Broker at Keller Williams in Rochester for 2 years.  In addition to being a Broker I also hold the SFR  (short sale foreclosure resource) designation from the National Association of Realtors. The SFR designation was designed to help Realtors better serve buyers who are looking to ... 05/09/2013

Three Signs of Rochester Real Estate Recovery Continuing in 2013  1) Smaller number of homes for sale. As of today, 1/4/2013, there are 478* homes for sale in Rochester. At this time in 2012, there were 617 homes for sale. At the first of January 2011, the number was 810!  2) More homes currently have offers on them. As of today, 1/4/2013, there are 165 homes in Rochester with accepted offers, waiting to close. The same time of year in 2012 it was 135, and in 2011 it was just 82.  3) Homes are 25% selling faster than they did in 2011. In 2012, the average home was on the market for 103 days before getting an offer. In 2011, it was an average of 139 days.   What’s the Rochester market going to do in 2013?   Buyer Activity: Home buyers were very actively buying homes in December and we ex... 01/04/2013

  Recently I showed some homes to a couple of new buyer clients of mine here in the Rochester, MN real estate market.  I had not looked in the price category they were in for a couple of months but I thought there would be more homes to look at since spring had now sprung.  It didn't take very long to realize that the houses available in that price range were not as plentiful as they were this winter!  Hopefully for my buyers, something will come on the market that fits their requirements and also meets their desires soon. In the meantime I decided to check the numbers, and sure enough there are less homes on the market than their were at this time last year and the median sale price has gone up.  Maybe Rochester's real estate market has hit rock bottom finally! If anyone is interested ... 05/02/2012

Hello everyone.  I hope you had a great Easter weekend.  Markets were closed for Good Friday and therefore interest rates remained the same for the past 3 days.  Just a side note, the New York Stock Exchange and Nasdaq are not Federal or State institutions.   From a lender in Rochester last Thursday: April 5, 2012MARKETS WILL BE CLOSED ON GOOD FRIDAYQuoted 30 day lock – purchase transactionsConforming 30 yr fixed w/1 % origination**No cost float down4.00%       APR 4.180%Conforming 15 Yr Fixed     w/1% orig. fee3.125%        APR 3.438%FHA 30 YR FIXED       w/1% orig. fee**No cost float down3.75%      APR  4.678%VA 30 yr fixed           w/1% origination**No cost float down3.75%      APR 4.107%Rural Development           100.00% LTV35 day lock only – min credit score – 640w/ no originatio... 04/09/2012

When applying for a mortgage, or refinancing for that matter, make sure you don't forget to check the Good Faith Estimate (GFE) document!  This is a document, standardized to be the same for all lenders, containing all of the costs associated with getting that loan.  Items covered in that document are: Origination fees, including: Discount Property appraisal Credit report Lender's inspection Mortgage insurance application Assumption Mortgage broker fee Tax-related service fee Application Commitment Rate lock Processing Underwriting Wire transfer Closing costs or prepaids, including: Abstract or title search Title examination Document preparation Notary Attorney Title insurance Recording City/county tax stamps Transfer tax Survey Pest inspection Condominium application Prepaids for inter... 12/22/2011