February 7, 2025 - 11:11
The riparian rights to a home on Lake Minnetonka were separated from the property in 1984, leading to a contentious legal dispute that remains unresolved. The case centers around the ownership of these water rights, which has become a pivotal issue for both local residents and real estate stakeholders. A Wayzata real estate agent is at the forefront of this legal battle, challenging influential figures in Orono who are deeply invested in the outcome.
The complexity of the situation lies in the unclear ownership of the water rights, which has prompted the filing of a petition to the Minnesota Supreme Court. The case raises significant questions about property rights and the historical context of land ownership in the area. As the legal proceedings unfold, the implications could reshape not only the landscape of Lake Minnetonka but also set precedents for future water rights disputes in Minnesota. Local residents and stakeholders are closely monitoring the situation, anticipating a resolution that could have lasting effects on the community.
September 23, 2025 - 02:29
Major Merger in Real Estate Services: Compass and Anywhere Real Estate Join ForcesIn a significant move within the real estate sector, two of the nation`s largest real estate services companies are merging in a deal valued at approximately $10 billion, including debt. This...
September 22, 2025 - 06:21
Historic Sale of Howe Manor Apartments in Arden-Arcade for $18.875 MillionHowe Manor Apartments, a long-standing fixture in Arden-Arcade, has been sold for $18.875 million, marking the first change in ownership since its development in the 1960s. This significant...
September 21, 2025 - 21:45
The Surge in Luxury Rentals: Why the Wealthy in L.A. Prefer Renting Over BuyingIn recent times, Los Angeles has witnessed a remarkable shift in the luxury real estate market as the ultra-wealthy opt for renting high-end properties rather than purchasing them. This trend has...
September 21, 2025 - 01:03
Explore Lucrative Investment Opportunities in San Antonio Housing MarketThe San Antonio housing market is presenting promising investment opportunities, with capitalization rates reaching as high as 6.1%. This trend is attracting both seasoned investors and newcomers...