The city of Saint Paul ha a property look up web site. Put in the street number and name of any St. Paul property, and you can see the history of building permits and if the home is currently on the market there will be a truth is housing report . . or there should be because there is a city ordinance that states that single family homes listed for sale are supposed to have an inspection done and the report is supposed to be made available.
If you are looking at a home for sale that has been recently rehabbed or renovated this site is a great place to check to see who did the work and if a permit was pulled.
If you are a home owner planning to sell her is some more information about the truth in housing inspection. The city does not require any repairs but does require a 120 volt hard wired battery back up smoke detector.
I like to say that real estate is local but what does that mean? For one thing real estate is regulated on the local level in each state by the state department of commerce. The laws that govern the way we buy and sell real estate are different in each state.
Sometimes I go on the big national web sites and I read the generic advice and it just doesn't apply to Minnesota. Our contracts are different and so are our laws. There are some real estate topics that are pretty generic like how to get a home ready to sell or tips for buyers on how to find the right home.
For answers to specific questions about how to buy or sell a home in Minnesota feel free to search this blog or send me an email with your question.
The housing market seems to be recovering in downtown St. Paul. Average sale prices this year were $179,392 Vs. last years $173,479 and they are selling faster too with an average of 164.8 cumulative days on the market Vs. Last years 173.3 cumulative days on market.
The most anyone paid for a downtown condo unit this year wad $595,000 for a 2600+ square foot loft at the Great Northern. There were a few lofts on the market listed for more than a million and for more than two million but they did not sell this year.
Some of the most expensive real estate in the city is located on the upper flowers of downtown condo buildings where owners have large lofts with amazing views.
The average prices downtown are more than 20K higher than averages in the rest of the city and it takes on average about 55 more days to sell a downtown condo than to sell a home outside of downtown.
Also see Condos approved for FHA financing
One of the things I love to do during the holidays is visit Como Conservatory during the holiday flower show. They usually open it up for artists and photographers on the second Tuesday in December. They charge $5 and let us bring in tripods. It is such a beautiful place it kind of gets me in the mood for the holidays.
It is Friday the 13th and Fridays are for fun.
Virtual gifts are OK because it is the thought that counts and what better virtual gift is there than Fruitcake?
Yes I know I post this every holiday season.
When it comes to holiday humor there isn't anything funnier than a fruitcake, or is it nuttier than a fruitcake? Does it matter? In some circles it is a tradition to send fruitcakes to relatives and maybe co-workers that that we don't like.
I happen to like fruitcake, and I am not making that up. I am going to leave this fruitcake on my blog for anyone who needs to send a last minute virtual Christmas gift.
Just email this post to someone who you think really deserves this beautiful fruitcake. It is the thought that counts and this way no food will be wasted. Go ahead try it. It has been said that there is only one fruit cake and that it has navigated the globe being gifted and re-gifted. It makes me wonder where this one will end up.
Furnaces are expensive and so are roofs and windows. I recently talked to a neighbor who says her furnace has not worked properly for three years and she can not afford a new one.
There are some low interest and no interest loan programs available for people who wish to buy and energy efficient furnace. In most cases the income limits are pretty liberal.
There are also some tax incentives for purchasing energy efficient heating or cooling systems. Here are some local programs for low or no interest loans that can be paid off over periods of up to 20 years. Some of these programs also work for replacing windows, doors and even roofs.
City living program - City of St. Paul
Keep in mind that especially here in Minnesota a home has to have a furnace and when you when you put a new one in your homes does not increase in value by the amount of money that the furnace cost.
© 2005 - 2013 Teresa Boardman St. Paul Real Estate Blog