© 2014 Kate Walsh
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Category Archives: Minneapolis
Anybody Home?
Photographed along Lake of the Isles on a beautiful autumn day.
Exterior Trimmings
I’m an observant person. I notice things around me. Recently I was in a small town to the west of Minneapolis. I saw two homes that have what I refer to as “exterior trimming”. It’s along the vein of tree trimming during the Christmas holiday in that it’s decorative. Some might say these are whimsical or displaying someone’s personality. They caught my eye and made me wonder about the owners and their reasoning for displaying these items, particularly the mirror and its placement above the garage.
No doubt my eyes will be on the lookout for more of these unusual trimmings. Does your home have any atypical exterior trim?
Home Offices
The home office. It’s become quite commonplace in homes today. Here’s some inspiration.
A home office in San Francisco
Chalkboard wall on one side and library design wallpaper on another in Vancouver
This one is about the view, and the bookcases.
A bright and airy upper level office in San Francisco
Under the stairs in Toronto
Thoroughly modern in Miami
Creative use of a dish drainer!
Another sunny spot, with room for family or friends to sit and read or listen to music or be creative
Luxury, man-cave version of an office space
Blue velvet and silver silk bring glamour to a woman’s home office
An accessible main floor office in Atlanta
A variety of textures and colors create a sophisticated home office in San Francisco
A closet home office can be closed off when not in use
Room for two in Portland, and both have a view
A pretty desk area off the kitchen in San Francisco
Traditional detailing and a stylish color palette create an inviting space in Minneapolis
An office with a Murphy Bed doubles as a guest room
Light and dark decor and glass shelving
“Homey” home office in Atlanta
An office in a bedroom closet in Minneapolis
Now that’s a view! In Boston
Incorporating the office into the living room with a mix of glamour and modern decor
Eclectic elements come together in style in this home office in Chicago
Elegant gold accents in this home office in Orange County
Floating desk and shelves in a condo home office
Eclectic elements in an interior designer’s home office in San Francisco
ASID-MN first place award winning office, craft and laundry room.
Fun with red and white in Chicago
Snazzy in Seattle
Utilizing pull-out shelves to hide equipment
Minimalist design with an artistic touch in Hong Kong
As you can see, the possibilities for a home office are endless! There are so many styles to love. What style will you create in your home?
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2012: A Very Good Year
Our Minneapolis Lakes Office soared in 2012!
Here’s a note we received today from Robin Peterson, president of Coldwell Banker Burnet:
Congratulations to Matt Baker and the Coldwell Banker Burnet Minneapolis Lakes Office. Today they were honored for achieving the Top Office in the United States for Total Units for Coldwell Banker. Outstanding!
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Housing Supply Overview
February 2013
Let’s review what’s transpired over the past 12 months. For the 12-month period spanning March 2012 through February 2013, Pending Sales in the Twin Cities region were up 14.8 percent overall. The price range with the largest gain in sales was the $350,001 to $500,000 range, where they increased 42.7 percent.
The overall Median Sales Price was up 13.3 percent to $170,000. The property type with the largest price gain was the Condo segment, where prices increased 13.8 percent to $108,000. The price range that tended to sell the quickest was the $190,001 to $250,000 range at 103 days; the price range that tended to sell the slowest was the $1,000,001 and Above range at 245 days.
Market-wide, inventory levels were down 31.6 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 28.9 percent. That amounts to 3.0 months supply for Single- Family Detached homes and 2.4 months supply for Townhomes and Twinhomes. See the PDF below for the full report.
HSO Feb 2013
As reported by the Minneapolis Area Association of Realtors
Interested in buying or selling real estate? Contact the Walsh Sisters.
We’d love to help you make your next move.
Ellen and Kate Walsh
612-220-3304
emwalsh@cbburnet.com
Coldwell Banker Burnet
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What Goes Up When Something Comes Down?
One day I was out walking around one of the city lakes here in Minneapolis. I came upon this retaining wall and gate. Not so unusual except that the house that once stood behind this gate was no longer there.
Here’s the house that used to be on this lot. My thanks to Dorothy Childers for permission to use her photo. It was a white stucco house with a red tile roof. The design has some quirky features and there appears to be an addition (possibly two)made over time.
Here’s the new house that is going up. I took this photo back in October, 2012. I haven’t been back to see if they’ve completed it yet.
Here’s a shot of the back side:
This new one has a lot of detailing:
I like the copper accents. I’m not sure I care for the “wavy” brick exterior. No doubt there is a name for this look; I don’t know what it is. I think house numbers with a bit more polish would be better for a home of this stature. Perhaps the owners are creative types and preferred a bit of whimsy over elegance. What do you think? Do you like this new house or the old house better?
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Why Sell Now? Here’s Why.
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Ready to buy or sell a home?
Call the sister team. We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
February 25, 2013
Here’s an oldie but goodie: All Real Estate is Local. We’ve all heard it. This is why industry insiders don’t pay much attention to national housing statistics. The national housing market is just an agglomeration of local housing markets. You don’t grab an umbrella in Miami based on the weather forecast in Seattle. So why would someone in San Francisco base a home sale or purchase decision on market data from Boston? Here’s your data for your local housing market.
In the Twin Cities region, for the week ending February 16:
• New Listings decreased 4.9% to 1,196
• Pending Sales increased 7.9% to 916
• Inventory decreased 31.0% to 12,309
For the month of January:
• Median Sales Price increased 14.3% to $160,000
• Days on Market decreased 24.1% to 107
• Percent of Original List Price Received increased 2.5% to 93.5%
• Months Supply of Inventory decreased 40.0% to 3.0
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
December 26, 2012
As we celebrate with family and friends this holiday season, we can take comfort in the fact that housing markets across the country are reaching their own holiday milestones. Even though the trend is our friend, recovery can often feel piecemeal: fewer foreclosures here, improved absorption rates there and lower days on market over there. But, overall, we’ve struck a positive stride, and momentum has a way of accumulating. Here’s a peek at the week’s housing market data.
In the Twin Cities region, for the week ending December 15:
• New Listings decreased 3.6% to 773
• Pending Sales increased 10.1% to 762
• Inventory decreased 28.9% to 13,630
For the month of November:
• Median Sales Price increased 16.2% to $172,000
• Days on Market decreased 26.4% to 103
• Percent of Original List Price Received increased 3.6% to 94.2%
• Months Supply of Inventory decreased 39.5% to 3.4
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Real Estate Update
December 17, 2012
The chase to 2013 is on, and we are pleased by the prospects ahead. Given the upward progress of the 2012 housing market, many homeowners may find that their properties will be worth more next year. That’s a nice change of pace for potential sellers, and for residential real estate as a whole, and is a direct result of widespread improvements in the marketplace. Most of the positive trends we have seen in 2012 should persist into the new year. Let’s take a peek at what’s happening locally today. All comparisons are to 2011.
In the Twin Cities region, for the week ending December 8:
• New Listings increased 3.0% to 942
• Pending Sales increased 12.6% to 788
• Inventory decreased 28.8% to 13,832
For the month of November:
• Median Sales Price increased 16.2% to $172,000
• Days on Market decreased 26.2% to 103
• Percent of Original List Price Received increased 3.6% to 94.2%
• Months Supply of Inventory decreased 40.0% to 3.4
As reported by the Minneapolis Area Association of Realtor
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Housing Supply Overview
November 2012
There was a lot to be thankful for this November. Home buyers can be thankful for ultra-low mortgage rates while sellers can be thankful for rising prices and strong demand. For the twelve-month period spanning December 2011 through November 2012, Pending Sales in the Twin Cities region were up 18.8 percent overall. The price range with the largest gain in sales was the $350,001 to $500,000 range, where they increased 41.7 percent.
The overall Median Sales Price was up 9.3 percent to $165,000. The property type with the largest price gain was the Condo segment, where prices increased 9.4 percent to $105,000. The price range that tended to sell the quickest was the $190,001 to $250,000 range at 109 days; the
price range that tended to sell the slowest was the $1,000,001 and Above range at 234 days.
Market-wide, inventory levels were down 29.4 percent. The property type that lost the least inventory was the Single-Family segment, where it decreased 26.3 percent. That amounts to 3.5 months supply for Single- Family Detached homes.
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Real Estate Update
December 2, 2012
Home buyers entered more contracts and homeowners listed more properties than during the same week of 2011. As a whole, 2012 is shaping up to be quite the pivotal year for housing. With 2013 right around the corner, the smart money is monitoring seller concessions, market times, absorption rates and, of course, home prices. The genius money is watching foreclosure listing and sales volumes, delinquency rates and showing activity.
In the Twin Cities region, for the week ending November 24:
• New Listings increased 0.7% to 607
• Pending Sales increased 12.8% to 608
• Inventory decreased 28.8% to 14,546
For the month of October:
• Median Sales Price increased 14.8% to $175,000
• Days on Market decreased 25.2% to 103
• Percent of Original List Price Received increased 3.5% to 94.5%
• Months Supply of Inventory decreased 39.6% to 3.8
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
November 12, 2012
1.3 million. That’s how many Americans were reportedly lifted out of underwater mortgage situations this year from rising home prices, according to the Obama administration’s October Housing Scorecard. There’s more going on than meets the eye here. Rising prices also help restore tax base, decreasing the likelihood of tax increases later. National GDP even benefits. When real estate is chugging along, things are good. And now, arguably more so than ever in the past four or five years, real estate is starting to chug again. It’s not at full speed yet, but the open track ahead beckons.
In the Twin Cities region, for the week ending November 3:
• New Listings decreased 1.0% to 1,125
• Pending Sales increased 25.3% to 930
• Inventory decreased 27.7% to 15,434
For the month of October:
• Median Sales Price increased 14.8% to $174,995
• Days on Market decreased 25.0% to 103
• Percent of Original List Price Received increased 3.5% to 94.4%
• Months Supply of Inventory decreased 41.0% to 3.7
As reported by the Minneapolis Area Association of Realtors
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.Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
November 5, 2012
Over the course of the year, we’ve cleverly devised new tactics each week to communicate just how far the market has come. This week is no exception. Most level-headed housing advocates agree that lower residential vacancy rates are a good thing. Well, chalk one up for level-headed housing advocates, because Reuters just reported that the U.S. residential vacancy rate fell to 1.9 percent in the third quarter. That’s the lowest level in seven years. It’s just the latest installment of overwhelming bullish housing news.
In the Twin Cities region, for the week ending October 27:
• New Listings decreased 3.0% to 1,037
• Pending Sales increased 11.1% to 914
• Inventory decreased 28.8% to 15,700
For the month of September:
• Median Sales Price increased 12.7% to $174,625
• Days on Market decreased 28.5% to 101
• Percent of Original List Price Received increased 4.1% to 94.8%
• Months Supply of Inventory decreased 38.8% to 4.1
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
October 23, 2012
Housing pessimism is as out of fashion nowadays as bell bottoms and shoulder pads. Those who are still fishing for that elusive “market bottom” have likely missed it in most areas. The major story continues to be tightened inventory and high buyer turnout. Homes should be selling faster and for closer to list price – or even above in the hottest neighborhoods. Continue to monitor key differences between the foreclosure and traditional segments as well as variability between the single-family and condo markets.
In the Twin Cities region, for the week ending October 13:
• New Listings increased 7.3% to 1,252
• Pending Sales increased 26.7% to 954
• Inventory decreased 28.8% to 16,017
For the month of September:
• Median Sales Price increased 12.6% to $174,500
• Days on Market decreased 28.4% to 101
• Percent of Original List Price Received increased 4.0% to 94.8%
• Months Supply of Inventory decreased 39.6% to 4.1
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Real Estate Update
Weekly Real Estate Update
October 9, 2012
Some say that housing and the economy are woven together into a single garment of destiny. Let’s review recent national economic data: a good September non-farm payroll report marking 31 consecutive months of private job growth, the unemployment rate falling to 7.8 percent (a 44-month low), a widely positive S&P/Case-Shiller home price report, and mortgage rates averaging close to 3.4 percent. When you combine the above trends with less housing supply and strong home sales numbers, you can start to see just what’s driving this recovery. Here’s what transpired locally.
In the Twin Cities region, for the week ending September 29:
• New Listings increased 6.2% to 1,314
• Pending Sales increased 15.5% to 1,000
• Inventory decreased 29.6% to 16,261
For the month of September:
• Median Sales Price increased 12.3% to $174,000
• Days on Market decreased 28.7% to 101
• Percent of Original List Price Received increased 4.1% to 94.8%
• Months Supply of Inventory decreased 40.9% to 4.0
As reported by the Minneapolis Area Association of Realtors
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Ready to buy or sell a home? Call the sister team.
We’d love to help you move forward.
Ellen and Kate Walsh
Coldwell Banker Burnet
612.220.3304
emwalsh@cbburnet.com
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Crimson Hues at The Lake
Autumn Beauty
On Tuesday I spent the afternoon with a friend. We walked around Lake of the Isles. The crimson and golden hues presented plenty of photo opportunities. Here’s are some photos from the afternoon walk. Big thanks to my friend for stopping and waiting for me to capture all the images.
DesignHouse9 