Showing posts with label Minnesota. Show all posts
Showing posts with label Minnesota. Show all posts

Tuesday, February 23, 2010

Foreclosures in Minnesota remain "dangerously high"


Foreclosures in Minnesota remain "dangerously high"

There were 23,019 home foreclosures in Minnesota in 2009. While that was down 12 percent from 2008, it was still the second highest year on record, according to the Minnesota Home Ownership Center.

“The foreclosure numbers in Minnesota remain dangerously high,” said Ed Nelson, marketing and communications manager for the center.

Hennepin County had the highest number of home foreclosures in the state in 2009, followed by Ramsey, Anoka, Dakota and Washington counties.

The Top 10
Home foreclosures in 2009, by county
1. Hennepin........5,655
2. Ramsey..........2,519
3. Anoka............2,069
4. Dakota............1,787
5. Washington....1,255
6. Wright...............861
7. Scott.................811
8. Sherburne.........702
9. Stearns.............506
10. St. Louis..........441

For more information click here

Source: Minnesota Home Ownership Center



CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330

Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com





Wednesday, December 16, 2009

My Iowa Road Trip ..a different world from Minnesota! Part I

My Iowa Road Trip ...a different world from Minnesota! Part I

Well I got an invite from a friend to come and visit her in Iowa. I sat there thinking to myself - Do I really want to go to Iowa? What is in Iowa? Needless, to say I have never been and my line of work affords me the opportunity to take quick trips in the middle of the week. So I figured why not? Off I went yesterday morning from good old Elk River, Minnesota to Urbana, Iowa. Now mapquest and my GPS each said 4.5hrs to make the trip. Me being a guy I gave myself 3.5hrs (ladies it's a guy thing you won't understand). I pulled out of my driveway at 1:30pm, roughly an hour late from when I wanted to leave. Now my perceptions during the drive was that Iowa was going to be just as cold and even flatter then Minnesota. And you know I was completely right! Iowa arguably is the most boring state I have driven in, especially during this time of year. No tress and just snow for miles. I arrived at my friends house at 5:45pm (already dark) and hung out for a bit and then ran into town to get some food. Now the town of Urbana has nothing in it ..and I mean nothing! So we had to drive 12 miles up to Vinton for pick up a pizza and stop by a grocery store. At this point I was missing the Target store on every corner in Minnesota. So we go back and ate then we headed out to UNI (University of Northern Iowa) so Lisa could attend a study group.
So here I am sitting in a random computer lab at UNI wondering why I am in Iowa at this point? ..haha


CHAD ELLIOT, REALTOR©

The Hennepin Group, LLC

Keller Williams Realty

17205 Yale Street NW, Suite D
Elk River, Minnesota, 55330


Mobile: (651) 795-1147

Fax: (763) 241-0187

Email: chadelliot@kw.com




Thursday, November 12, 2009

Meet Minneapolis

If you have never been to Minneapolis / St. Paul, you are truly missing one of the most dynamic areas of the country. Take a look at the video to see what my town has to offer. Enjoy! :)




Friday, October 30, 2009

Elk River, Minnesota - History




The hardwood forested hills in which Elk River is situated were pushed up by the last glacier that advanced across Minnesota. These hills are made up of coarse materials which is the reason gravel mining is so prevalent in Elk River and also the reason much of the area is not considered good farmland.


To the south of Elk River lies the prairie. This natural boundary between the prairie and woods was also a boundary between Indian nations. Two battles between the Dakota and Ojibwe took place where the Elk River meets the Mississippi in 1772 and 1773.

Zebulon Pike so named the Elk River because of the herds he saw in the area. David Faribault built a trading post near the conjunction of the Elk and Mississippi Rivers in 1846, which he later sold to Pierre Bottineau. The two rivers and the Red River Trail, which passed nearby, made this area a good location for commerce.

In 1851, Ard Godfrey, a native of Orono, Maine, saw the potential of the water power of the Elk River and built a dam and a saw mill. His dam created the first lobe of Lake Orono (called the Mill Pond), which extended from the present day dam to Orono Cemetery Point. In 1855 the area by the dam was platted and the town of Orono (know as Upper Town) was created.

In the latter half of the 19th century, agriculture replaced lumber as the base of Elk River's economy. Grist Mills and a starch factory, which took advantage of the potato fields to the west, were built.

The Orono-Elk River area continued to grow until by 1860 it had reached a population of 723 people. These early settlers typically came from New England. Elk River's population continued to grow following a slow period caused by the civil war.

By 1870, the Elk River swelled to a population of 2,050 and became the county seat in 1872. Around the same time the railroads replaced the rivers as the main focus of transportation and the Lower Town (the present day historic downtown area) replaced Upper Town as the focus of commerce.

The Orono Dam was destroyed by an ice storm in 1912, but hydropower gave a new incentive to dam the Elk River in 1915. This new dam created the four lobes of Lake Orono as we know it today. In 1916, the Village of Elk River received electricity for the first time. The entire township of Elk River would not get electricity until after World War II.

Charles Babcock, a native son of Elk River and the first Commissioner of Highways for the state, had a visionary plan to "get Minnesota out of the mud." His plan to create a network of paved roads became a model for the rest of the nation and the Jefferson Highway (now Highway 10) became one of the first paved roads in the state. Highway 10 used to cross the Elk River over the dam bridge, but was rerouted to its present location shortly after World War II.

1974 Street Scene replaced the rivers as the main focus of transportation and the Lower Town (the present day historic downtown area) replaced Upper Town as the focus of commerce.

The Orono Dam was destroyed by an ice storm in 1912, but hydropower gave a new incentive to dam the Elk River in 1915. This new dam created the four lobes of Lake Orono as we know it today. In 1916, the Village of Elk River received electricity for the first time. The entire township of Elk River would not get electricity until after World War II.

Charles Babcock, a native son of Elk River and the first Commissioner of Highways for the state, had a visionary plan to "get Minnesota out of the mud." His plan to create a network of paved roads became a model for the rest of the nation and the Jefferson Highway (now Highway 10) became one of the first paved roads in the state. Highway 10 used to cross the Elk River over the dam bridge, but was rerouted to its present location shortly after World War II.

In 1978, the Village of Elk River and the Township of Elk River consolidated to create the City of Elk River. The result was one of the largest land based cities in the state at 44 square miles.

Besides transportation, energy has always played a significant role in shaping Elk River. The first rural nuclear power plant in the US went online in 1960 at Great River Energy's (GRE) site. Meant only as a demonstration site it was dismantled after several successful years of operation.

In the late 1980's, GRE's power plant was converted to burn refuse derived fuel. This innovative source of energy was one factor that helped Elk River receive the designation of "Energy City" by the Minnesota Environmental Initiative in October of 1997. As Energy City, Minnesota's energy industries will be demonstrating cutting edge renewable and energy efficient technologies in Elk River.

The creation of Interstate Highway 94 and the upgrade of Highway 101 to four lanes will greatly accelerate Elk River's growth. Once again transportation is dictating where the focus of commercial activities take place in Elk River as new businesses spring up along the Highway 169 corridor.

Insurance Tips for the Halloween Holiday for Homeowners

Insurance Tips for the Halloween Holiday for Homeowners

Although homeowners insurance is not usually the first thing that comes to mind at Halloween, it should be one of the items that is near the top of the Halloween list. The mere fact of the increased exposure (meaning a stream of people visiting the property), increases the possibility of a homeowners insurance claim.

Halloween Insurance Tips for Homeowners

Listed below are a few things a homeowner can do to reduce the risk of having to report a Halloween insurance claim.

1.Keep Fido out of the way. The constant ringing of the doorbell and the Halloween hustle and bustle gets dogs excited. The oddly dressed people on the other side of the door don't do much to calm Fido down. It's best to make sure that the dog is occupied or kept away from the door so that he does not feel the need to protect his turf or playfully jump on trick or treaters, knocking them to the floor. The last type of Halloween treat a homeowner wants is a liability suit because of the dog.

2.Practice extreme caution with candles. While the orange glowing effect of a candle adds to the Halloween ambiance, it can cause a fire if the candles are not carefully placed and monitored.

3.Illuminate walking paths for trick or treaters. It is possible to decorate a home for Halloween keeping with the dark and gloomy tradition while simultaneously providing enough light for the walking path. Whether the walkway is lined with glowing pumpkins or the muted illumination of solar lights, it is important for the homeowner to properly illuminate the walking path to avoid unnecessary trips and falls.

4.Keep all wiring off the walking path. Along with proper theme related lighting, homeowners must take care to keep the extension cords off the walkway or cover them with mats in such a way to prevent tripping and falling. Trips and falls are common causes for homeowner insurance third party liability claims.

5.Be careful of the 'shock and awe' affect. The Halloween celebration invokes thoughts of horror, fright and shock. However, in an attempt to reduce the possibility of a law suit, it is recommended to refrain from tactics such as suddenly jumping out from darkened bushes or other such scare tactics. These blood rushing tactics may be fun at an amusement park fun house, but it opens the homeowner up to another source of liability. Amusement parks carry Haunted House Insurance to cover such risks, homeowners do not.

6.Purchase additional coverage. If the thought of pulling in the reigns on a Halloween celebration puts a damper on the fun, maybe its time to consider purchasing additional insurance to cover the holiday. Homeowners can call their insurance agent to find out how much it will cost to increase their liability limits to cover the increased holiday exposure.

By taking just a few precautions, homeowners won't have to spend their time worrying about potential insurance claims. The only thing they should be concerned about is whether or not they have enough candy for the hungry little trick or treaters.

It's that time of the year again to set them back!

It's that time of the year again to set them back! (Members Only) (edit/delete)
Time -- once again -- to fall back.

Daylight saving time ends at 2 a.m. Sunday, meaning clocks need to be turned back an hour.

If that seems a tad late in the year, well, it is.

In 2005, Congress passed an energy bill that included extending daylight saving time by about a month. Starting two years ago, the change starts the second Sunday of March and ends on the first Sunday of November.

Although the rationale for doing so was to save energy, the benefits -- and drawbacks -- of the time shift have been debated endlessly since it was first written into federal law in 1918.

Obviously, no daylight is actually saved by the shift, since the sun rises and sets independently of any mechanical clock.

Tuesday, September 29, 2009

Twin Cities Weekly Market Activity Report - September 28th

Here is the lastest activity report for the Twin Cities Real Estate Market for W/E September 28th, 2009.

Weekly Market Activity Report

If you have any questions or concerns let me know and I'd be happy to discuss them with you!

Chad Elliot, REALTOR
Hennepin Group, LLC
Keller Williams Integrity Northwest