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Obama Signs St. Croix Bridge Bill

March 19, 2012

WASHINGTON, D.C. – President Obama signed the St. Croix River Crossing bill Wednesday, allowing the project to move forward. “Today, the St. Croix River Crossing Project was given a green light to proceed,” said U.S. Rep. Michele Bachmann.  “Finally, construction can officially begin on this common sense, four-lane bridge project.  I commend the president for [...]

Inland Real Estate Corporation makes big investment in Minneapolis/St. Paul retail market

March 16, 2012

  March 15, 2012  Source R.E Journals| Dan Rafter This article shows positive signs that the Twin Cities commercial market is on the rise. Perhaps it’s a sign that retail is in recovery mode in Minneapolis/St. Paul: An Illinois-based real estate company recently made a big investment in the Twin Cities’ retail market with its [...]

Gateway Corridor Oakdale, MN

March 14, 2012

Gateway Corridor Transit Gets Closer to Reality   The Gateway Corridor Oakdale, MN enters 2012 with new funding and a nearly completed transit study.  In addition to new funding, the Gateway Corridor transit study is expected to be completed this spring.  The study will include potential station locations and ridership estimates for the eight potential [...]

Housing Crisis to End in 2012 as Banks Loosen Credit Standards

March 14, 2012

Housing Crisis to End in 2012 as Banks Loosen Credit Standards Original Article by: 01/24/2012 By: Krista Franks Brock The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago. Additionally, [...]

New Stillwater Bridge

March 14, 2012

Source- Star Tribune The examination of the area under the St. Croix River that will support the piers of a new four-lane span will start this summer. hide This undated artist rendering released by the Minnesota Department of Transportation shows an aerial view looking west that shows the proposed St. Croix River Crossing between Oak [...]

HUD Releases Myths and Facts on Mortgage Servicing Settlement

March 14, 2012

(Source: HUD) – On February 9, the Department of Justice, the U.S. Department of Housing and Urban Development, other federal agencies, and 49 state attorneys general announced the largest federal and state settlement agreement in history with the five major mortgage servicers for their mortgage servicing practices.  This $25 billion agreement is the most significant [...]

Rental Market Thriving

March 14, 2012

Link to original article here. Written by Esther Cho. “While it seems that rents are rising at the expense of home values, the opposite is true. A thriving rental market will stimulate home sales as investors snap up low-priced inventory to convert to rentals,” said chief economist for Zillow Dr. Stan Humphries in a release. [...]

Twin Cities and Western WI Real Estate Market

March 14, 2012

Area Realtor Stats Indicate Housing Slump Could Be Ending Soon More positive news released in Hudson patch about a promising start to the Twin Cities and Western WI Real Estate Markets. Realtors credit the turnaround to a slowdown in foreclosure sales, which typically depress the market’s median value. ByScott Fagerstrom and Micheal Foley Email the authors [...]

MN Rentals help job market

March 9, 2012

A new lease on jobs, thanks to rentals Article by: JIM BUCHTA , Star Tribune Updated: March 8, 2012 – 9:43 PM   Who knew? The slump in the housing market is giving a segment of the job market a lift. There was a 10 percent jump in new real estate jobs in Minneapolis in [...]

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