Minnesota Short Sales!

Recently my broker wrote about me and my services on our company blogsite. I am honored to have been chosen out of 350+ agents. Below is a copy of that article

No one has a crystal ball. No one can predict the future. Yet, everyone has an opinion about it. After all, that’s what makes horse races.

Real estate trends are no exception. But Nate Berg has a market perspective that has been honed by a wide range of professional experiences, including residential sales and mortgage origination. You might want to take Nate’s prognostications seriously. The smart money is on Nate Berg.

While the media continues to broadcast funeral dirges for the housing market and the real estate industry in general, Nate hears a different tune. Nate sees an end to the rough patch of foreclosures and short sales. The newspapers offer a dark picture for the future; Nate sees a light at the end of the tunnel. Am I over-using metaphors while discussing this Brooklyn Park MN real estate agent? Perhaps. Unfortunately, I cannot resist the temptation to use just one more: Nate has formulated his opinions while working “in the trenches’ with buyers, sellers, and borrowers. He has worked with plenty of short-sales and clients facing foreclosure. He knows what he is talking about.

Nate believes the market dip has hit rock-bottom. Why? Nate has been doing dozens of Broker Price Opinions (BPO’s) and assisting sellers in pre-foreclosure and short-sale situations. Recently, he noted that the number of Broker Price Opinion orders he receives every week has been dropping. The build-up of short-sale and foreclosure inventory is slowing down. More importantly, he has noted that the price values rendered by the BPO’s have not continued to fall. Prices have stabilized. Also, Fannie Mae and Freddie Mac have dropped the “declining markets” clause. As a mortgage professional, Nate believes that this will have a significant an positive impact on real estate market activity and prices.

Nate has foreseen other industry trends in the past. Several years ago, well before we were talking about things like “carbon footprint” or astronomical energy costs, Nate was busy selling plenty of ICF homes in the Minneapolis area. ICF, or Insulated Concrete Forms homes offer an extremely energy-efficient option for new home construction while adding only 5% to building costs. They also are more fire resistant, and are not conducive to mold growth. Today, ICF is the buzzword for the “green” home building industry, and ICF homes arfe even becoming quite popular with Minnesota luxury home buyers. Nate invested in an ICF home for himself.

In addition to experience with new home construction and home financing, Nate has years of experience with land development and residential sales in Brooklyn Park, Maple Grove, Champlin, and surrounding metro communities. He has been an agent with Independent Brokers Realty for the past five years. Nate joined Independent Brokers because the company lacks top-heavy corporate structure, and allows agents the freedom to pursue their own career goals and business innovations.

For expert advice from a Brooklyn Park MN real estate agent, give Nate Berg a call at (763) 682 6610 or visit him online at http://nateberg.com