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rogers mn real estate prices: Stimulus - Creating a Win-Win! - 11/27/10 02:41 PM
There are plenty of factors that go into making a deal work for both buyers and sellers.  There are also a lot of great ideas that can offer a win-win.  One recently that I was introduced to was having sellers offer a buydown of interest points for the buyer.  With the flood of bank owned inventory on the market, some buyers simply don't have the liquidity to put $15,000 into a property.  However, if a seller is willing to "negotiate" on price through offering discount points to buyers, it offers the buyer a higher qualification to purchase and a seller more … (0 comments)

rogers mn real estate prices: Maple Grove MN and Rogers MN local Market Update - 11/19/08 03:24 PM
There is a lot of activity in the Rogers and Maple Grove real estate market.  Below is a quick snapshot of the current activity:
Rogers:
Current Inventory: 111 Properties
Percentage of properties bank owned or short sale status: 34%
Sold Properties in Past 30 days: 8
Percentage of properties sold that were bank owned or short sale: 37.5%
List vs. Sold Percentage: 93.4% (ex. if a property were listed at 100,000, the sales price on avg. would be 93,600)
Averaged Days on Market (solds): 121 Days
Maple Grove:
Current Inventory: 575 Properties
Percentage of properties bank owned or short sale status: … (0 comments)

rogers mn real estate prices: What is the correct listing price? - 08/14/07 02:38 PM
We all have felt a hit from the turn in the market, however, the changes make us stronger not only individually, but also as an industry.  I have to admit, it has taken some time for me to figure some things out.  One item in particular is pricing a home correctly. 
In years past, we were able to price a house above market value and eventually the market would catch up through the means of appreciation.  What a great time that was!  I'm starting to come to the conclusion that a listing should be priced lower than all the comparables that are … (2 comments)

 
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Jake Luehrs

Elk River, MN

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Keller Williams Integrity - Team Leader

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