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Real estate agents like Aaron Dickinson of Edina Realty have become enormously successful since they have turned their focus to the Internet for promoting their listings and discovering new buyers.  He also has MLS listed homes for sale on his Minneapolis Real Estate site and does blogging at Twin Cities Real Estate Blog.

If you have questions regarding the Twin Cities real estate market, please contact Aaron Dickinson with Edina Realty at: 612-251-5599.

Recent Twin Cities Blog Articles:

Edina Realty Changed Listing Syndication - 05/10/2012

In November 2011 Edina Realty made the decision to discontinue syndication of its listings to Trulia and REALTOR.com.  Over the last few years these syndicators had changed their tactics to the detriment of the listing brokers and Edina Realty had finally had enough.  While Edina Realty never syndicated to Zillow, Zillow most certainly has the same issues. This [...]

Twin Cities Home Sales Surge to 2nd Highest Since 2006 - 04/30/2012

Twin Cities home sales for the week ending April 21, 2012 hit 1,281 signed contracts, which is  the 2nd highest level since 2006.  The highest week was the week ending May 1, 2010 (1,469) and was spurred on by the expiration of the home buyer tax credit.   The surge of home sales continues and [...]

Agent Networking Outside the MLS - 04/18/2012

The local MLS is by far the most comprehensive networking tool for real estate agents to match buyers with sellers.  Last year more than 40,000 sales were recorded in the MLS for just the thirteen county Twin Cities Metro area.  While the MLS is a fantastic resource, it can’t serve the needs of all buyers [...]

Days on Market Does not Matter - 04/08/2012

Buyers often ask me how long a particular house has been on the market.  I dutifully give them the information but at the same time I am always shaking my head.  In most cases I’ve encountered in the 9 years I’ve been selling, the time the home has been on the market has had no [...]

2200+ Short Sales Stuck Waiting for Bank Approval - 04/02/2012

Short Sales By The Numbers: 3,900 We have about 3,900 short sales currently for sale in the Minneapolis/St. Paul area on the MLS. 2,200 In the Twin Cities, of those 3,900 short sales we now have more than 2,200 that have received offers and are waiting for the seller’s lender(s) to provide a response, 900 more [...]

Multiple Offer Madness - 03/30/2012

What a difference 12 months makes.  A year ago buyers were firmly in the driver’s seat.  With lots to choose from and very little selling quickly, buyers could take their time to look at houses and spend days considering if they wanted to make an offer.  Fast forward to today, where in many areas and [...]

Twin Cities Home Affordability Has Peaked - 03/22/2012

As we see Twin Cities home prices bottom (and likely tick up) and interest rates begin to rise, home affordability in the Twin Cities is likely to fall in 2012 and beyond. For years we’ve seen home prices decline.  This decline wooed us into a sense that home affordability would keep getting better the longer [...]

Twin Cities Home Prices Have Bottomed - 03/18/2012

Two months ago I first called the housing bottom in the Twin Cities and I’m back today to repeat that claim and bring new information that has come out in the last two months: Pre-foreclosure notices have dropped even further, meaning even fewer foreclosures on the market in 9-12 months Sheriff Sales in 2011 declined [...]

Contracts for Deed – The Good & The Bad - 03/17/2012

The Star Tribune put out an article that talks about the people and organizations offering contracts for deed and how they can be a great option for buyers but can also be risky for buyers, especially if they don’t have help from someone experienced in those type of sales.  It’s important that before buying a [...]

Negotiating Non-Typical Personal Property - 03/05/2012

Most Twin Cities real estate sales include the washer, dryer, refrigerator, range and dishwasher but more and more houses today have what I’d call non-typical personal property such as: Huge flat screen tv’s mounted to the wall Built-in surround sound Projectors & screens Home theater furniture Pool tables etc. In most cases the cost to [...]