Real estate blog entries tagged with buyers market by AQUATERRA PARTNERS Todd Shipman, Jeanne Larson, Ben Kolkman (Lakes Sothebys Int. Realty, Minneapolis, Minnesota)

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buyers market: Market Stats vs. Reality: Do falling prices matter? - 06/10/08 08:44 AM

NAR: Resale home price may fall 6.4% this year
The National Association of Realtors is now predicting that the median resale home price, nationally, will be 6.4% lower than it was last year. But reality is usually very different.
These national average numbers are an important metric for economists. It’s also … (3 comments)

buyers market: Sound advice for Today's Home Seller - 05/23/08 11:25 AM

This morning a friend, whose home is for sale, emailed me to vent some frustrations. Her feelings are all too common. Longer market times, price reductions and negative feedback grates on the psyche of all Sellers. People are even looking at renting their homes out, rather than selling. It is never … (3 comments)

buyers market: Minneapolis Minnesota | Real Estate Market Update | Bottom Has Been Hit! - 05/21/08 04:51 PM

I wanted to wait a few weeks to be sure, but I think it's time to call it, the market has hit bottom!
The result of good fundamental market trends (sales activity continues to be reliable, and new listings are coming on the market more slowly) hitting bottom means we'll see … (3 comments)

buyers market: Getting top dollar for your home: What everyone should do before selling - 02/25/08 11:49 AM

New Page 1  Is your home ready to sell? Are you House Blind? … (3 comments)

buyers market: How to Buy, Sell & WIN in this market - 02/05/08 12:08 PM

What is your Market Strategy?
Ben Kolkman, REALTOR
While the entire market looks one way, the market for each individual home is very different. Sometime hot, sometimes cold, the real estate market varies widely. The best way to get the most out of this transaction is to clearly define, and write out, your … (5 comments)

buyers market: Minneapolis Market Update - Jan. 30, 2008 - 01/30/08 09:22 AM

Minneapolis Real Estate - MARKET UPDATE
It's 14 degrees below zero - SPRING is HERE!
January 30th, 2008
by Ben Kolkman, REALTOR, Great Minneapolis Real Estate
In Minneapolis the spring season, in real estate at least, starts in January. Ironic, considering it's so cold right now, that keys sitting in frozen lock boxes on … (0 comments)

buyers market: Market Update - Jan. 18, 2008 - 01/18/08 09:15 PM

And the listings come flooding back. The number of new listings in Minneapolis soared up this week to 1544. Doubling the number from the week before.
These new listings are just adding to the already flooded market. Many of these "new" listings have previously been on the market, and were just taking some time off. … (0 comments)

buyers market: Market Update - Jan. 13, 2008 - 01/13/08 02:20 PM

As the winter sets in and the market reacts to more bad news about the real estate market and the "credit crunch" I wonder what could possibly be good in the world of real estate. Then I saw our weekly activity!
Pending sales dropped, as did new listings, and the total … (0 comments)

buyers market: Investors Rush In - 12/28/07 09:47 AM

In love, they say, fools rush in. In the Twin Cities real estate market, right now, investors are rushing in!
It is the dark of winter (literally) here in Minneapolis, MN. There are 13.44 homes for every one buyer, in the Twin Cities metro area, more than ever before. It's hard to find buyers … (9 comments)

buyers market: Foreclosures and Market Values - 12/18/07 11:49 AM

They say if you don't help save your neighbors house from burning, yours might catch fire too.

Solutions to the "foreclosure crisis" are being floated everywhere you turn, by congress, internet pundits, even the President. Their "solutions" generally involve government regulation of the market. Proponents claim that if we don't step in … (0 comments)

buyers market: How is the Condo Market in Southwest Minneapolis? - 12/09/07 09:04 AM

Real estate values in Southwest Minneapolis have traditionally been strong. Even during the slowest periods, values in Southwest have appreciated and demand has been high. Unfortunately, condo owners in Southwest may not fair so well this time.
There are very specific reasons the real estate markets has slowed. The number of properties … (2 comments)

buyers market: Giving thanks for a good real estate market - 11/27/07 12:17 PM

As I thought about what a great Thanksgiving my family had, I began thinking about the real estate market this year and all I have been blessed with professionally. Then I realized we are all lucky to have a housing market, offering a sound financial investment, even in the worst of … (1 comments)

buyers market: Is the Possibilty of a Lower Price, Worth Passing on the Perfect Home? - 11/20/07 04:41 PM

I had the privilege of providing an interview to Channel 5, KSTP today. Glen Barbour contacted my office asking for an opinion on an article he read in Smart Money Magazine.
The story essentially describes the falling housing market as a risky, but potentially good, investment. In particular it lists the Twin Cities … (1 comments)

buyers market: 3 Traits of a Good Negotiator - 09/09/07 03:17 PM

During the "Boom Time" many REALTORS actually sold property without ever viewing the homes, or dealing with a financing issue. The buying frenzy was so great buyers waived all contingencies and purchased homes site unseen.
But those days are gone. And good riddance! Service is once again the name of the … (2 comments)

buyers market: My 15 minutes of fame - I'm in the news! - 09/05/07 12:25 PM

I guess Andy Worhal was right when he said, "In the future everyone will be famous for fifteen minutes"
But, in my case, it was more like 15 seconds.
KSTP asked Pat Paulson, another GreatMinneapolis agent, to help with a story on the condo market. They interview Pat Paulson at our office, and … (0 comments)

buyers market: Loving the Market: Stocking-up on Real Estate - 08/28/07 10:31 AM

Lot's of people ask me why I'm so bullish on real estate right now. I sing the praises of this period constantly. I think it's great. It's like I've been given an unlimited gas card. Or a lifetime supply of my favorite indulgence!
But, most of my friends are surprised by my feelings. Not … (1 comments)

buyers market: Advice to Buyers - Don't be paralyzed by the "Buyer's Market"! - 07/05/07 10:16 PM

Many of today's buyers are mesmerized by the number of homes on the market. Its good advice to hear...don't be paralyzed by the market, if you find a winner, set the hook!
I recently had a couple buy a beautiful home in Lynnhurst Neighborhood of Minneapolis. These folks had run through … (2 comments)

buyers market: Finding Hot Micro-Markets - 06/21/07 02:17 PM

Finding holes in the line of scrimmage is what made Walter Payton the best running back in history.
Finding holes in the Buyers Market is how I hope to survive the next 5 years.
There are some very hot areas in the Minneapolis market, despite the dismal news reports, and the overall … (1 comments)

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