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992PZQ85VG6U

992PZQ85VG6U

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The Foreclosure Market’s Affect on Renting Saint Paul Homes

Although we are seeing the following trends in Saint Paul, Minnesota, I suspect this scenario is playing out across the country.
In years past, when an investor was looking to buy a new rental property, they typically would look at multi-family properties.  With the large inventory of single family homes that are currently in foreclosure or [...]

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Income Limits Increase for Minnesota Mortgage Program (MMP)

Minnesota Housing is temporarily (up to 12 months) increasing the MMP income limits to stimulate real estate markets across the state and fully utilize funding enabled by the Federal New Issue Bond Program.  Please note program income limits will change during the 12 month period, when market conditions and funding levels warrant.
The following income limits [...]

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Average US Home Prices Will Fall by 6% More by 9/2011

Despite home prices plunging more than 27% in the last 3 years, a joint report recently issued by Fiserv and Moody’s Economy.com predicts that home prices in the US will continue to slide in 2010. The report contends that home prices will decline during the summer of 2010 with 2011 being the beginning of the [...]

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Saint Paul to Develop Mississippi River Master Plan

The City of Saint Paul has commissioned a master plan to be developed for the 17 mile stretch of the Mississippi River in Saint Paul.  This plan will help guide the City for future developments, both public and private, that are adjacent to the river.  There are currently 3,500 acres of public park lands along [...]

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Union Depot Lofts Saint Paul

The Union Depot Lofts in St. Paul are quite remarkable. From the late 1800s till the 1970s, the Union Depot was a busy train station in the heart of the West Seventh neighborhood in Saint Paul. Amtrak moved its rail operations to Minneapolis in 1971 and closed the station. It was added [...]

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Saint Paul Homes: Water Service, Foreclosed Vacant Properties & Winterization

The jurisdiction of Saint Paul Regional Water Services (SPRWS) includes the city of Saint Paul and surrounding areas of Falcon Heights, Lauderdale, Maplewood, West Saint Paul, Lilydale, Mendota and Mendota Heights, Newport, Roseville, South Saint Paul, Sunfish Lake and Little Canada.
Link: http://www.stpaul.gov/index.aspx?NID=75
Contact number: (651) 266-6350
Vacant and Foreclosed Properties
In the case of a foreclosure, the owner [...]

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More Fees and Requirements on Vacant Saint Paul Homes

The City of Saint Paul has some of the most aggressive and rigorous vacant housing regulations in the Twin Cities area.  To review:

Category 1-A homeowner must register a unoccupied home within 30 days or face a fine.  To remove it from the list requires only a $50 fee and any outstanding orders for legal occupancy [...]

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Dayton’s Bluff (Saint Paul) Business Meeting

Dayton’s Bluff has an estimated population of 18,000 people, as well as over 240 businesses located in the community. In spite of the headlines focused on the departure of 3M, many businesses remain and thrive in Saint Paul, from large organizations to small businesses that individuals run out of their homes. The community also continues [...]

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Financial Help for Homeowners Displaced by Foreclosure

New Pilot Program for Former Homeowners in Saint Paul and Ramsey, Dakota and Washington Counties
The Minnesota Home Ownership Center is pleased to announce a new pilot program that may assist families AFTER the foreclosure of their home with up to $2,500 to relocate and secure alternative housing.  Funding for this pilot program has been provided [...]

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