From the category archives:

Community

Open houses in Eden Prairie Mn

Open house season is heating up! I know, it’s only 5 degrees outside but the spring market starts as soon as the holidays end. As the temperatures warm up so goes the real estate market activity. We typically see people coming around to open houses in January and February, and then start to buy in [...]

Southwest light rail to Eden Prairie

Southwest light rail is coming to Eden Prairie! Approval came from the Metroplitan council, connecting Eden Prairie with downtown Minneapolis on a 14 mile route. The light rail route is known as the “kenilworth-opus-Golden Triangle” alignment. The proposed light rail will run from Eden Prairie, to Minnetonka, thru Hopkins, and St. Louis Park before reaching [...]

Absorption rates in Eden Prairie real estate

What in the world is an absorption rate? In real estate, Realtors like to look at all kinds of data and statistics. Absorption rate by definition is the rate at which the current inventory turns over. I will explain how it is calculated, and then I will explain what that means as a buyer [...]

Eden Prairie point of sale inspection

We had a meeting today with the city of Eden Prairie’s building inspections manager, Steve Schmieg. He came to get input and talk about the possibility of implementing an Eden Prairie point of sale inspection program.
Incoming search terms:point of sale inspection requirements mntruth in housing eden prairiecity point of sale inspections in mnedan prairie truth [...]

Eden Prairie Foreclosures

Many people that I have talked with think Eden Prairie is immune to the current real estate market conditions which have produced short sales and foreclosures. Not the case. Currently there are 23 properties in Eden Prairie which are either lender owned homes or foreclosed homes. Prices range from $92,000 for a 1 bedroom, 1 bathroom condo [...]