Poised To Expansion

If anyone read the Minnepolis Tribune on Saturday you have read that Ron Peltier, the CEO of Home Services of America parent company of Edina Realty and other real estate companies in 20 States is in the acquiring mode. There are no clear signs yet that the real estate market is
strengthening, however according to Mr. Peltier the time is coming to acquire other companies across the nation. Edina Realty is our local company and had over 33 billion in sales in it's Edina
Realty Region in 2010. When someone like Warren Buffett is at the helm you can't help but to be optimistic about the outcome. You and I have no idea of the process that these large investors
go through before they make a decision. I for one am going to trust their process.
I truely believe that we are close to the bottom and will be there really soon.
Irregardless, once at the bottom all indications are that we will remain at this leveled off stage for quite some time.
The bottom line is that if you are thinking that the market will come back and you will recover your losses in a couple of years you may want to re-think this. With the job market, the national debt and trouble overseas it will be a long time before we see any real appreciation.

If Kari or I can help you in your present housing situation a phone call is all it takes.
Real Estate is our business and we have the experience to help you.
Call us at 651-353-9838 or 651-470-0709