Twin Cities housing market during September was the best in a decade

Posted by Mike Seebinger Realtor at DRG on Thursday, October 22, 2015

There were more buyers than sellers in many parts of the Twin Cities last month, boosting prices and closings in what’s been the best fall market in a decade. During September, there were 5,114 home sales with a median sale price of $222,000 in the 13-county metro area, according to data released Tuesday by the Minneapolis Area Association of Realtors. That was a 12 percent increase in sales and a 8.3 percent increase in prices compared with last September. The market was strong all…

620 Views, 0 Comments


Restaurant, retailer planned for revamped Sex World building

Posted by Mike Seebinger Realtor at DRG on Thursday, October 22, 2015

Significant cosmetic changes are in store for the Sex World building in Minneapolis, with a new owner hoping to give the weary old structure — and the street corner it occupies — a new attitude. The developer-buyer, Minneapolis-based Falcon Ridge Partners, pulled back the curtain on its plans for the first time publicly Wednesday night at a North Loop Neighborhood Association committee meeting. The building sale includes both 125 and 121 Washington Av. N., better known as the site of Sex World and the now-closed…

722 Views, 0 Comments


Trader Joe's is a go for downtown Minneapolis location

Posted by Mike Seebinger Realtor at DRG on Tuesday, October 20, 2015

Nearly a decade after entering the Twin Cities market, Trader Joe’s again has plans for its first store in Minneapolis. The California-based grocer on Tuesday confirmed a long-standing rumor that it will join developer Sherman Associates on its new apartment and retail project, called the East End, at the intersection of Washington and Chicago avenues S. It’s the third chain grocery store to enter the downtown Minneapolis market, and the first to locate in the east half — a burgeoning area that includes the Mill District and Downtown East…

739 Views, 0 Comments