He bought the former home of disgraced auto mogul Denny Hecker.
What is this...a house for ants?!
The latest of our Minnesota Nice Homes series looks at this unusual lakeside listing.
The cheesiest house you will ever see.
The appraisal process has become a headache for many home buyers and sellers in the Twin Cities metro. Real estate agent Steve Fiorella told KARE 11 he has struggled to get the appraisal to match the purchase price for about 20 percent of his transactions so far this year. But a misappraisal could have serious consequences, even prison.
Figures from the Minneapolis Area Association of Realtors show the median home price in the 13-county metro climbed to $175,000 in October -- up nearly 15 percent compared with the same period a year ago. MPR reports October was the eighth straight month of price gains. Pending and completed sales were also up last month.
September was another good month for home sellers in the 13-county Minneapolis-St. Paul metro. The Business Journal says pending sales grew 11 percent last month, compared to the same month a year ago, according to the Minneapolis Area Association of Realtors. The median home sales price also increased 12.3 percent to $174,000 in the Twin Cities area, Finance & Commerce reports. However, the number of homes for sale dropped 29.4 percent -- the lowest level in nearly a decade.
The number of homes on the market in the Twin Cities was down more than 30 percent last month -- the lowest inventory levels in nearly a decade, according to the Star Tribune. The median home sales price in the 13-county metro area jumped 15.5 percent to $179,000 compared with a year ago.
U.S. Home prices rose in June in all of the 20 cities tracked, according to the Standard & Poor's/Case-Shiller index. Minneapolis recorded one of the biggest one-month gains -- up 4.8 percent from May and 5.7 percent from June 2011.
Minnesota home foreclosures fell below 10,000 for the first time since 2007, according to a report published by the Minnesota Homeownership Center. The Pioneer Press reports there were 9,565 foreclosures statewide in the first six-months of 2012.