Refinancing Motives [City lakes RE Blog]
Ross Kaplan explains when, why, and how one should consider refinancing so I don’t have to.
Calhoun Condo Sinks Further [Strib]
Behind The Mortgage broke the news when the loop went into foreclosure. At the time, the sales team went to great pains to explain that this was not a big deal, and that everything would juust be fine at the Loop. Whoops?
North Loop Gets Historic Protection [Minnpost]
Historic designations can work well, if handled properly. They can also stifle and drive up costs of even “sustainable” development in a big way. People are worried. Minnpost lays out the details.
Metro Best Sellers: Foreclosures [Strib]
This is good-bad news. The sooner the foreclosure inventory is soaked up by the market, the sooner we get back to a balanced market in the Twin Cities. There will be more pain in the short term as lender mediated sales drag down prices metrowide.
Minnesota Pictures: Photos that Define Minnesota [minnpics.blogspot]
If you have not run across this MN focused photo blog, you are missing some great stuff.
2008 Sales Prices, Foreclosures, by Community [Strib]
Great spreadsheet at the Strib. Where does your neighborhood stack up? Prices down? Foreclosures up? Check it out.
Treasury, Fed, FDIC to Support BofA [CR]
This move may make the name “Bank of America” literal, when all is said and done. Calculated risk has the details and the term sheet. Wow.