Archive for September, 2014

OUR NEWEST TOOL – The Fairway Mobile App! – By Barb Crea

September 26th, 2014
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At Fairway, customer service is a way of life. Not only are we dedicated to finding the best programs and rates for your customers, we also offer some of the fastest turn times in the industry. Our goal is to act as a trusted advisor to both you and your clients, providing highly personalized service and guiding clients through every step of the loan process. In this complex, ever-changing world of mortgages you can count on the knowledge and expertise of The Kate Wilson Team.

As your trusted advisor we are always looking for ways we can help you GROW YOUR BUSINESS. Our NEWEST TOOL is the Fairway Mobile App, designed and branded to help you generate more leads and keep your clients and prospects better connected to you.  The Fairway Mobile App is Android and iPhone compatible and is available to you just by contacting Barb Crea at (612) 325-3889 barbarac@fairwaymc.com or Randy Cullen at (612) 816-8525 randyc@fairwaymc.com.

Features and benefits of the Fairway Mobile App: Read the rest of this entry »

There are strong signals that our housing market is setting up for a robust 4th quarter!

September 19th, 2014
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There are strong signals that our housing market is setting up for a robust 4th quarter.  Per the Skinny, published by the Minneapolis Board of Realtors, our 13 county metro area has seen the median price of a home rise to $219,001. On average, market time is 68 days and we have a 4.4 month supply of housing inventory. This supports what we have been reading and writing about recently.  Any time your housing inventory is under a six month supply, you are in a seller’s market with the strong possibility of continued price appreciation – and we all know appreciation is good!

There is tremendous opportunity right now for existing homes that are priced correctly to sell fast.  You have a strong marketing advantage with the Fall Parade of Homes in full swing.  This event, sponsored by the Builders Association, is in its third week and traffic levels in most areas are brisk.  Buyers are out and ready to take the plunge into a new or existing home.  The September issue of Keeping Current Matters made comment of strong foot traffic in most areas of the country. With the first part of this year reported as dismal due to the weather, there is pent-up demand and projections are for a strong finish to 2014.

Buyers are doing their homework before they come to see you.  Per a Google report found at http://www.thinkwithgoogle.com/articles/house-hunting-season.html, 2 out of 3 people do extensive research on the Realtor and Builder they are considering working with before making a visit. Read the rest of this entry »

Minnesota Housing Quick Guide By- Barb Crea

September 12th, 2014
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Change is in the air – from the chill in the air this week with the days getting shorter, to the trees starting to turn magnificent colors of yellow, orange, and red. The DNR is anticipating a beautiful fall color display, but experts warn that it could come and go faster than usual. Check out the DNR online fall color finder map at  http://www.mndnr.gov/fallcolor. The site allows people to upload their favorite fall color photographs and to find programs ranging from fall color walks around the state to searching for Bigfoot.

Minnesota Housing is also making some changes effective October 1, 2014. A new downpayment and closing cost loan option will be added to their Deferred Payment Loan Program called Deferred Payment Loan Plus. This new program replaces HOME HELP, which ended August 29th. Deferred Payment Loan Plus targets first-time homebuyers who need additional assistance to access homeownership. It offers up to $10,000 in the form of a deferred loan which borrowers may apply to their downpayment, closing costs, or a principle reduction. Eligible borrowers must meet the Deferred Payment Loan Program eligibility requirements AND two of the four following criteria: Read the rest of this entry »

The Builders Association of the Twin Cities is kicking off the fall Parade of Homes Tour this weekend.- By Randy Cullen

September 5th, 2014
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The Builders Association of the Twin Cities is kicking off the fall Parade of Homes Tour this weekend. It includes 392 opportunities for you to open the doors to all the new homes available in the area. Sound like a challenge? Starting Saturday, September 6th, you will have the opportunity to see and experience the home of your dreams. Put on your walking shoes and venture out every Thursday, Friday, Saturday, and Sunday through September 28th. You will not want to miss it!

Our Fall Parade of Homes allows you to tour new homes from Faribault to Delano, and Cambridge to Hudson, Wisconsin. Prices range from $153,900 to $2,450,000, so there is something to fit everyone’s budget and preferences. The tour is free with the exception of 4 dream homes that will request a small donation. The proceeds go to support the Builders Association charitable arm.

This year’s focus is outdoor living. For those of you that enjoy watching KARE 11 news, you have seen this first hand with the unveiling of the new KARE 11 Backyard. It will also be featured on the Fall Parade tour, but hours will be limited to Saturdays only from noon to 4 PM. It will feature outdoor living spaces that include a fire feature, water feature, and entertainment spaces that include outdoor kitchens. Not all of us can have such luxury, but it is nice to experience it and dream big!  See what the Builders Association and its affiliates have created – it is really exceptional. Read the rest of this entry »

All of Us Here At Fairway Hope You Had a Wonderful Labor Day Weekend!

September 2nd, 2014
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Today is the official start of Labor Day weekend – the “workingmen’s holiday”!  As we gear up for the last long holiday weekend of the summer I found myself asking what exactly is Labor Day really all about – here’s what I found.

Labor Day is the creation of the labor movement and is dedicated to the social and economic achievements of American workers.  It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. Read the rest of this entry »