Alicia Garatoni

Lynnhurst, Southwest  -  We invite everyone to visit our open house at 2218 53rd St W on December 7 from 2:00 PM to 4:00 PM.

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Downtown, Minneapolis  -  We invite everyone to visit our open house at 600 2nd Street S #S201 on December 7 from 11:00 AM to 1:00 PM.

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Lynnhurst, Southwest  -  We invite everyone to visit our open house at 2218 53rd St W on December 6 from 2:00 PM to 4:00 PM.

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Downtown, Minneapolis  -  We invite everyone to visit our open house at 600 2nd Street S #S201 on December 6 from 11:00 AM to 1:00 PM.

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• 2,576 sq. ft., 2 bath, 4 bdrm single story - MLS® $485,000 - Price Reduced $25k

Lynnhurst, Southwest  -  Located on the south side of Minnehaha Creek between Oliver and Penn Av S in the heart of the Lynnhurst neighborhood. One of 35 homes in SW Mpls that is located ON the creek - walk from your back yard to a large grassy area to the creek, tennis courts and bridge to the best sledding hill in town - Newton Hill!
This charming 1948 Cape Cod has been renovated and is truly ready for move in - new kitchen, bath, refinished hardwood floors, all new mechanicals including central air, furnace and hot water heater. First floor has been completely painted professionally including all of the woodwork. All new appliances in the kitchen, tile back splash, wood floors installed in kitchen, new electrical and lighting. New bath white subway tile and flooring, new fixtures. Lower level has fireplace and beautiful original tongue and groove paneling, new carpet electrical update with recessed lighting and walks out to back yard.

Four Bedrooms, 1 1/2 baths, 2500 finished square feet - very large laundry and storage areas. Looks small from the front - very deceiving - is built into a hill and if you need more room it is perfect for an addition off of the back.

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Lynnhurst, Southwest  -  Announcing a price reduction on 2218 53rd St W, a 2,576 sq. ft., 2 bath, 4 bdrm single story. Now MLS® $485,000 - Price Reduced $25k.

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Camden, Minneapolis  -  Announcing a price reduction on 4107 Russell Avenue N, a 696 sq. ft., 1 bath, 2 bdrm single story. Now MLS® $82,000 - Price Reduced!.

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Mill District, Minneapolis  -  We invite everyone to visit our open house at 200 Park Avenue #108 on November 23 from 1:00 PM to 3:00 PM.

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Mill District, Minneapolis  -  We invite everyone to visit our open house at 200 Park Avenue #108 on November 22 from 1:00 PM to 3:00 PM.

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Downtown, Minneapolis  -  We invite everyone to visit our open house at 200 Park Ave #110 on November 22 from 1:00 PM to 3:00 PM.

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Many believe that uncertain expectations prior to the recent elections kept most buyers on the sidelines, waiting to see ultimately who would be the president elect.  Now that the election is over and people have a better sense of where they believe the economy is heading, we may see an increase in buyer activity.

There are several reports published lately that capture the indecision and perceptions on the part of both buyers and sellers.  The first is an interesting survey published by Zillow last week, their Q3 Homeowner Confidence Survey.  Surprisingly, 49% of those homeowner’s surveyed don’t believe their home has decreased in value.  Of those same homeowners, 61% felt that their home value would either stay the same or increase in value in the next 6 months.  Home prices for most metropolitan areas have declined however.  For the full article, go to http://www.zillowblog.com/strangely-not-my-house-sentiment-continues-albeit-a-smaller-group/2008/10/?s_cid=emm-2007112MYZSurvey-surveytop.

The next report is the latest research into consumer confidence published by the Consumer Research Center on Oct. 28, 2008.  Their research shows that consumer confidence index had improved slightly in Sept but declined significantly in October.  The Center attributes this decline to many different factors.  For the full article, you can visit http://www.conference-board.org/economics/ConsumerConfidence.cfm

Locally, a comprehensive report was recently published by the National Association of Realtors analyzing the housing market in 150 major metropolitan cities.  It compares how each city fared against the national averages.  It measures several key indicators beyond price appreciation/depreciation, including economic outlook.  See how the Twin Cities matched up at http://www.realtor.org/wps/wcm/myconnect/bced4b804b79e9cbb3a5ff9e992da8fc/08MNMinneapolis.pdf?MOD=AJPERES&CACHEID=bced4b804b79e9cbb3a5ff9e992da8fc

• 696 sq. ft., 1 bath, 2 bdrm single story - MLS® $87,000

Camden, Minneapolis  -  Estate home. Wonderful starter home with oversized 2 car garage and large fenced in back yard. Non-conforming bedroom in basement. Newer mechanicals, just needs your decorating touches.

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Downtown, Minneapolis  -  Announcing a price reduction on R33-33 Island Avenue W, a 1,026 sq. ft., 1 bath, 1 bdrm single story. Now MLS® $299,900 - .

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Park Avenue Lofts

• 2,008 sq. ft., 2 bath, 2 bdrm single story "Condo" - MLS® $495,000 - Gem in the City

Downtown, Minneapolis  -  Enjoy your new home in the heart of the Mill District! Lovely private gated patio w/perrenials & lots of sun! 2 story space w/rare 2 bedrooms + den! Custom painting, never been lived in! Great common areas: roof deck, fitness & billiards room.

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Downtown, Minneapolis  -  Announcing a price reduction on 200 Park Ave #110, a 2,008 sq. ft., 2 bath, 2 bdrm single story "Condo". Now MLS® $495,000 - Gem in the City.

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