The Stone Arch Bridge

The Stone Arch Bridge connects the Mill District to Old St. Anthony.

Mill District Listing Update for February 14, 2011

Wow…what a beautiful weekend we had!  Open house activity was great and we see spring fever in the air.  We are excited to announce the listing at Zenith Condominiums (#302) has sold and, pending inspection, will be closing by end of this month!   The local market has also brought two new, resale listings at Bridgewater.  One is a very spacious and open 2 bed/2 bath on 3rd floor (#318) that includes some great city views, western exposure, and custom finishes.  The other is a first floor, corner home with views of Gold Medal Park and a large outdoor, wrap around patio.

For more info, here's the link to more info on the MLS...

And here's the link to all listings in the Mill District...

This Mill District Listing Update is provided by Holly Holt with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.

Open Houses This Weekend in the Mill District

This weekend promises to bring lovely weather for visiting open houses! North Star Lofts, #406 will be open on Sunday from 12 to 2…just follow the red and white signs and call from the entry. Once again, remember, not all opens are posted on MLS, so you're bound to see more while out driving. Click below to see those advertised!

View the list...

This Week's Featured Listing - Riverwest #1815

This wonderfully upgraded one bedroom at Riverwest provides a rare opportunity to live on the riverfront and have it all!  Residence #1815 is on the top floor and includes balcony overlooking the river…you can't get any closer than this.

Originally used as sales model when Riverwest was converted to condos in 2005, this home features dark wood floors, granite and stainless in kitchen, and limestone tile in bath.  As the real estate market continues to recover and interest rates are low, anyone seriously desiring a lifestyle that includes the best views, location and building amenities should take a look at this one… at $199,900.

View this listing...

This featured listing is provided by Holly Holt with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.

Mississippi River and 35W Bridge

Shot from the Stone Arch Bridge in the Mill District of Minneapolis.

Market Update - Have we hit the bottom yet?

By Cynthia Froid

This is a question we are asked almost every day by our clients.  Timing the market can be very tricky, but if you understand market cycles, and how to interpret market indicators you can make a very smart decision when choosing the best time to buy or sell a home.  The following is what we teach our clients about the dynamics of market cycles:

Real estate values are driven by one basic and interdependent relationship - supply and demand. The natural drive to balance supply and demand produces a dynamic cycle that ebbs and flows, like all things.  The three distinct market cycles are illustrated below.  Based upon activity that we are seeing today (current inventory being absorbed, many new hires relocating downtown, fewer days on market), it is our belief that we are in the very early stages of phase 3: the absorption cycle.

The Mill District Market Update is provided by guest blogger and local real estate expert Cynthia Fdroid with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.

#6 - Top 10 Signs You're Ready to Move Downtown

6. It's time to lighten your existence: get rid of excess belongings and stop cleaning rooms you don't use.

Neighborhood Video - Enjoy the Holiday at MacPhail

From the MacPhail Center for Music Community Youth Choir.

Mill District Listings Update for February 7, 2011

New Listings.  We have certainly seen an increase in activity since the first of the year.  Our open houses have brought several future buyers to the area and  listings are getting great showings.  We're excited and eager to greet this year's spring market in the Mill District!   This week brings 2 more exceptional opportunities to own at Riverwest, the most affordable building along the riverfront.  See the listings here and be sure to look at common area photos…Riverwest has a lot to offer.

View new listings...

The Mill District Listings Update is provided weekly by Holly Holt of Cynthia Froid Group.

Open Houses This Weekend in the Mill District

It's a slow weekend for Open Houses in the Mill District…Super Bowl weekend.   Sales centers at Bridgewater and Zenith are still open.  Stop in for a visit; the agents will love the company.

View the complete list of open houses...

This Weeks Featured Listing - Zenith #302

Located in the heart of the Mill District, across from the Gold Medal Park and Guthrie Theater, Zenith Condominiums boasts stellar design by ESG Architects.  Residence number 302 is located on the NE face of the building and includes views of the park, theater, Stone Arch and 35W bridges.  Night views are stunning!  This beautifully appointed and spacious, 2100 sq ft, 3 bed/3 bath home also includes 2 indoor parking spaces with storage…many custom upgrades and cherry wood floors throughout.

This featured listing is provided by Holly Holt with The Cynthia Froid Group located in the Mill District of Downtown Minneapolis.

Mill City Museum from Mill Ruins Park - Mill District Neighborhood Views

View of the Mill City Museum taken from Mill Ruins Park in the Mill District of Minneapolis.

View larger image...

Downtown Condo Market Update for January 13, 2011

Median Sales Price Rolling 12 Months for the Downtown Minneapolis condo market, broken out by price range.

Minneapolis Market Update

From the Minneapolis Area Association of REALTORS

#7 - Top 10 Signs You're Ready to Move Downtown

7. Now, with time on your hands and freedom to travel, living in a condo near the lightrail line makes perfect sense!