Rochester, MN

Rochester Arts and Sciences Academy

On April 9th, 2009, Mayo Clinic radiologist Dr. Brad Ericksonhas been named board president of Rochester Arts and Sciences Academy. The private school offers the International Baccaluaureate curriculum. It was founded two years ago by Matt and Latha Stead. The Steads recent move initiated the new board appointment. Find out more about the school at http://www.rochesteracademy.org/

For more information about all Rochester schools, visit our web site at www.davidandloismarris.com/school-info.asp

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David and Lois Marris are top producing real estate agents at Edina Realtyof Rochester, MN. Edina Realty is the number one brokerage in Minnesota. Visit us at: www.DavidAndLoisMarris.com, DavidAndLoisMarris@EdinaRealty.com, 507-398-3251.

Rochester Market Square is hosting a Ladies Night Out Benefit for PossAbilities of Southern Minnesoata. PossAbilities is a non-profit organization which helps support individuals with disabilities, helping them to be active community participants.

The event will be Thursday, April 23rd, 2009 from 5:00 - 8:00 PM. Coldwater Creek, a clothing store for women, will show off the latest Spring fashions with a fashion stroll. In addtion to the business based at Rochester Market Square Home Design Center, there will be guest vendors displaying hand bags, jewlry and more.

Complimentary wine, hors d'oeuvres and desserts will be served compliments of Victorias, Z Pizza, Daube's Bakery and Noodles and Co. Door prizes will be given away with the grand prize being a free Salon Makeover and shoppng spree.

Please come and support this event! RSVP to RMS@RochesterMarketSquare.com, or 507-289-3622. Rochester Market Square is located at 37 Wood Lake Drive SE.

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David and Lois Marris are top producing real estate agents at Edina Realtyof Rochester, MN. Edina Realty is the number one brokerage in Minnesota. Visit us at: www.DavidAndLoisMarris.com, DavidAndLoisMarris@EdinaRealty.com, 507-398-3251.

Rochester MN Real Estate Agents David and Lois Marris explain why NOW is a great time to buy a home.

Believe it or not, now IS a great time to buy a home. I'm not just saying that because I'm a real estate agent. Rather, because I'm a real estate agent I recognize and understand the signs of great opportunity for those who can safely afford to buy a home.

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1. Interest rates are low

Take this to heart home buyers. You will not likely see interest rates like this again for years to come. If you purchase a $200,000 home at 4.625% your principle and interest rate payment will be 1,028.28. If that rate goes up to 5.625%, AND IT WILL, your payment will be $1,151.31. Your total interest paid at the lower rate over 30 years will be $170,180 compared to $214,472. Just one point higher in the interest rate makes a significant difference! Visit our mortgage calculator and estimate your own mortgage payments at various possible interest rates.

2. Housing prices are low

Due to the housing market correction, homes are being offered for sale at better values than anything we've seen recently. Today's home buyer gets the stunning combination of low home prices AND low interest rates. The laws of economics tell us this is an opportunity that comes rarely and won't last for years.

3. Buyer Incentives

There are a variety of incentives being offer to today's home buyer which may not be here next year. First time home buyers may qualify for a tax credit of up to $8000. To qualify, you must purchase your home by December 1, 2009.

Home sellers are also offering incentives to buyers. Sellers are sometimes willing to pay for some of the buyer closing costs. This allows the buyer to save their cash for their down payment or for home improvements.

Our team, David and Lois Marris, represents home buyers free of charge, securing our commission from the seller, not the buyer.

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These are all great reasons to buy now. I'm convinced that home values are stabilizing and 2010 will not hold the same opportunity for home buyers. Take advantage of these opportunities today! Search all Rochester homes for sale. Call us for your next real estate transaction: www.DavidAndLoisMarris.com, LoisMarris@EdinaRealty.com, 507-398-3251.

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David and Lois Marris are top producing real estate agents at Edina Realtyof Rochester, MN. Edina Realty is the number one brokerage in Minnesota. Visit us at: www.DavidAndLoisMarris.com, DavidAndLoisMarris@EdinaRealty.com, 507-398-3251.

Thursday, April 16, 2009:

There are currently 827 single family homes available for sale in Rochester, 2 less than last week.

277 of these homes are vacant, 20 less than 2 weeks ago.

58 homes accepted contracts this past week, the busiest week this for home sales this year.

David and Lois Marris are top producing REALTORS at Edina Realty of Rochester, MN. Edina Realty is the top real estate brokerage in Minnesota. For more information regarding Rochester MN Real Estate visit our web page at www.DavidAndLoisMarris.com. Contact information: DavidMarris@EdinaRealty.com, LoisMarris@EdinaRealty.com, 507-398-3251.

Pill Hill home search, click here. 

Situated atop a limestone bluff, nestled amongst the tall trees, hidden from the hustle and bustle of life sits Rochester, Minnesota's historic Pill Hill District.  The Who's Who of Rochester have always flocked to the residential district, seeking the architecturally renowned homes and convenient location.  The area has especially attracted the doctors and staff of Mayo Clinic as it is within walking distance to their work.  Thus the locals affectionately dubbed the beautiful bluff "Pill Hill".

Here in Pill Hill, you'll find the former home of Dr. William Mayo,co-founder of the world famous Mayo Clinic.  Lining the streets are homes by noted architects Henry Crawford, Ellerbe Architects and Garfield Schwartz, many on the National Historic Registry.  One such home which is open to the public is the Plummer House, home of noted Mayo physician Dr. Henry Plummer.

In 1990, the neighborhood was added to the National Register of Historic Places. The district is situated southwest of downtown Rochester and parallels the southern path between the Mayo Clinic's Gonda Building and St. Mary's Hospital.  The Pill Hill District boundaries are roughly 3^rd St. SW to 9^th St. SW and 6^th Ave SW to 14^th Avenue SW. (map)

Homes do come available for sale in this noted district and I am delighted to help you find your perfect Pill Hill home.  The most prestigious homes are often available through private sale only so you must work with an experienced luxury agent to be notified of their availability.  To search for homes currently on the market in Pill Hill, click here.  For private transactions, contact me at LoisMarris@EdinaRealty.com or 507-398-3251.

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Lois Marris is a Certified Luxury Home Marketing Specialist(CLHMS) and part of the top sales team at Edina Realty in Rochester, MN.  Contact Lois for your next real estate transaction.  Contact information: www.davidandloismarris.com, LoisMarris@EdinaRealty.com, 507-398-3251.