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Thole Lakeshore! 4BR Home on Lakefront Half-Acre Lot! - 01/30/12 02:24 PM
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Signs of a Housing Market Turnaround - 2012 Predictions - 01/23/12 03:03 PM
If last year was any sign of what will happen this year, despite the media reports of doom and gloom, we are personally optimistic. All the signs are pointing towards a housing turnaround. This morning, many of our real estate news sources had positive and encouraging things to say about the market. Low inventories, rising sales rates, historically low interest rates, and high affordability are working towards creating a balanced market. This morning, Corelogic reported that housing may turn the corner this year. The Wall Street Journal reports that sales in the market are "stirring hope" but it is not
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West Savage Inventory is Down - Waaaayyyyy Down! - 01/23/12 11:53 AM
If you have noticed a general decrease in for sale signs lately, you're perceptive! With only 12 listings on the market in West Savage, 2 sales and ZERO cancelled /expired listings, in the past 45 days one might think the market is quiet. When considering only the inventory, it’s true. Inventory is WAY down. But the buyers are out there….and early. We did an Open House in The Pointe yesterday (Jan. 15) and had 9 groups of people through – somewhere in the ballpark of 25 people in all. And it’s only January. If we had to pinpoint a reason for all this scuttle,
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Our Market Predictions for 2012 - 01/23/12 11:50 AM
Happy New Year! There is a lot of speculation surrounding the 2012 real estate market and what it will bring for buyers and sellers alike. While we do not have a crystal ball, we can take what we saw in 2011, and examine some emerging trends. Here are our predictions for the 2012 market: Days-on-market will decrease. In 2011, days-on-market averaged 4-6 months for competitively priced homes. By year end, sales rates increased and inventory levels shrunk, finally bringing us close to a balanced market. (Less than 5 months of supply = balanced market.) Buyers will remain active. Interest rates
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Just Listed! 11318 Xavier Circle - 01/23/12 11:49 AM
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Chad & Sara Huebener
Savage,
MN
More about me
Edina Realty
Office Phone: (952) 212-3597
Cell Phone: (952) 212-3597
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