appraiser mn: Market Update: Columbia Heights, MN - 01/10/12 05:37 AM
The City of Columbia, MN  Market Update The MLS indicates that prices for the City of Columbia Heights, MN have decreased for the month of November as well as year to date. This is for all types of properties that have sold within the City of Columbia Heights.
The data for this market update is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family home sales within the City of Columbia Heights, MN for the past 12 months, for the exact search criteria see the map above. … (1 comments)

appraiser mn: Market Update: Lino Lkes, MN - 01/09/12 09:32 AM
The City of Lino Lake, MN  Market Update The MLS indicates that overall prices for the City of Lino Lake, MN have decreased for the month of November as well as year to date. This data is for all types of properties within the City of Fridley.
The data for this market update below is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family home sales within the City of Lino Lakes for the past 12 months, for the exact search criteria see the map above. … (1 comments)

appraiser mn: Zimmerman, MN: Market Update - 01/08/12 06:24 PM
The City of Zimmerman, MN  Market Update
The MLS indicates that overall prices for the City of Zimmerman, MN have increased for the month of November, however, they've declined year to date. The MLS data is for all types of properties within the City of Zimmerman, MN.

The data for this market update below is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family split entry/level design homes that sold within the City of Zimmerman for the past 12 months, for the exact search … (2 comments)

appraiser mn: Market Update: Fridley, MN - 01/06/12 09:17 AM
The City of Fridley, MN  Market Update The MLS indicates that overall prices for the City of Fridley, MN have decreased for the month of November as well as year to date. This data is for all types of properties within the City of Fridley.
The data for this market update below is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family home sales within the City of Fridley for the past 12 months, for the exact search criteria see the map above. This market analysis … (0 comments)

appraiser mn: Cambridge, MN Market Update - 01/05/12 06:29 PM
The City of Cambridge, MN  Market Update The MLS indicates that overall prices for the City of Cambridge, MN have increased for the month of November, however, they've declined year to date. The MLS data is for all types of properties within the City of Cambridge, MN.

The data for this market update below is based on the above search criteria over the past 12 months.
The homes that were selected for this trendline were all single family home sales within the City of Cambridge for the past 12 months, for the exact search criteria see the map above. This … (0 comments)

appraiser mn: Market Update: Minnetonka, MN - 01/05/12 06:18 PM
The City of Minnetonka, MN  Market Update
The MLS indicates that prices for the City of Minnetonka, MN have increased for the month, however, have declined year to date. The MLS data is for all types of properties.
The data for this market update below is based on the above search criteria over the past 12 months.
The style of homes that were selected for this trendline were split entry/level design single family home sales within the selected neighborhood above for the past 12 months, for the exact search criteria and area see map above. This market analysis indicates prices … (0 comments)

appraiser mn: Market Update: Centerville, MN - 01/03/12 08:40 AM
The City of Centerville, MN  Market Update The MLS indicates that prices for the City of Centerville, MN have increased for the month, however, there was only one sale. Prices year to date have declined, and is a more reliable indicator due to the larger data set. The MLS data is for all types of properties.
The data for this market update below is based on the above search criteria over the past 12 months.
The homes that were selected for this trend line were all single family home sales within the City of Centerville, MN for the past 12 months; … (0 comments)

appraiser mn: Market Update: Blaine, MN - 01/03/12 08:27 AM
The City of Blaine, MN  Market Update The MLS indicates that prices for the City of Blaine, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was more than the current month. The MLS data is for all types of properties.
The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.
The homes that were selected for this trend line were all single family home sales within the City of Blaine for … (0 comments)

appraiser mn: Market Update: Ramsey, MN - 01/01/12 02:36 PM
The City of Ramsey, MN  Market Update
The MLS indicates that prices for the City of Ramsey, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was less than the current month. The MLS data is for all types of properties.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The homes that were selected for this trend line were all single family home sales within the City … (0 comments)

appraiser mn: Market Update: Oak Grove, MN - 01/01/12 02:36 PM
The City of Oak Grove, MN  Market Update
The MLS indicates that prices for the City of Oak Grove, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was less than the current month. The MLS data is for all types of properties.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The homes that were selected for this trend line were all single family home sales within … (1 comments)

appraiser mn: Should Fannie Be In the Renovation Business - 12/29/11 08:06 PM
I’ve been hearing more and more about how Fannie Mae has been renovating some of their REO properties. My first thought was that this is surely going to be another boondoggle; being that I don’t really trust anything the government has done regarding housing.
 
I ran across this video about Fannie Mae’s renovation program, and the success they say they’re having with it. If their cost is only averaging $5,700 per house in renovations, then I have to admit this might be money well spent.

… (6 comments)

appraiser mn: East Bethel, MN Market Update - 12/29/11 07:27 PM
The City of East Bethel, MN  Market Update The MLS indicates that overall prices for the City of East Bethel, MN have increased for the month of November and for the year. The MLS data is for all types of properties within the City of East Bethel, MN.
The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.
The homes that were selected for this trend line were all single family home sales (excluding lake shore) within the City of East Bethel for the past … (0 comments)

appraiser mn: Anoka, MN Market Update - 12/29/11 07:26 PM
The City of Anoka, MN  Market Update The MLS indicates that prices for the City of Anoka, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was less than the current month. The MLS data is for all types of properties.
The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The homes that were selected for this trendline were all single family home sales within the City of Anoka for … (0 comments)

appraiser mn: Median Selling Prices for Cities Within Sherburne County,MN - 12/26/11 07:22 PM
 A couple of weeks ago I blogged about how I calculate the concentration of distressed sales within the different cities within Sherburne County. This helps to explain as to why or why not distressed sales (bank REO’s and short sales) were used for comparable sales within an appraisal report.
 
The chart below indicates the different median selling prices for bank owned (REO’s), short sales, and traditional sales. The chart clearly indicates that distressed properties sell for significantly less, and what’s even more revealing is the median selling price for REO’s compared to the other types of sales, especially compared to … (3 comments)

appraiser mn: St. Francis, MN Market Update - 12/26/11 06:39 PM
The City of St. Francis, MN  Market Update The MLS indicates that overall prices for the City of St. Francis, MN have increased for the month of November, however, they've declined year to date. The MLS data is for all types of properties within the City of St. Francis, MN.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The homes that were selected for this trendline were all single family home sales within the City of St. Francis for the past … (5 comments)

appraiser mn: Ham Lake, MN Market Update - 12/26/11 06:38 PM
The City of Ham Lake, MN  Market Update The MLS indicates that overall prices for the City of Ham Lake, MN have increased for the month of November, however, they've declined year to date. The MLS data is for all types of properties within the City of Ham Lake, MN.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.
The homes that were selected for this trendline were all single family home sales within the City of Ham Lake for the past 12 … (1 comments)

appraiser mn: St. Michael, MN Market Update - 12/23/11 06:17 AM
The City of St. Michael, MN  Market Update
The MLS indicates that prices for the City of St. Michael, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was less than the current month. The MLS data is for all types of properties.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The style of homes that were selected for this trend line were newer construction 2-story design … (1 comments)

appraiser mn: Bloomington, MN Market Update - 12/23/11 06:16 AM
The City of Bloomington, MN  Market Update
The MLS indicates that prices for the City of Bloomington, MN have increased for the month of November, however, they've declined year to date. The MLS data is for all types of properties within the City of Bloomington, MN.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The style of homes that were selected for this trendline were rambler design single family home sales within the City of Bloomington for the past 12 … (0 comments)

appraiser mn: Market Update: Sherburne County and Surrounding Townships - 12/18/11 07:29 PM
Sheburne County, MN and Surrounding Townships Market Update:
The MLS indicates that prices for Sherburne County, MN have declined for the both the current month of November, and also year to date. However, the year to date decline was more than the current month. The MLS data is for all types of properties.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal.

The style of homes that were selected for this trendline were rambler design single family home sales within Sherburne … (3 comments)

appraiser mn: Market Update: Coon Rapids & Andover, MN November 2011 - 12/18/11 07:29 PM
The City of Coon Rapids and Andover, MN  Market Update
The MLS indicates that prices for both the cities of Coon Rapids and Andover, MN have declined for the month of November (year to date). The MLS also indicates that inventory levels have made a significant decline for the year, especially for Coon Rapids.

The data for this market update below is based on the above search criteria over the past 12 months, which was done for a recent appraisal. This encompasses parts of both the cities of Coon Rapids and Andover, MN.

The style of homes that … (0 comments)

 
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Michael S. Bolton-MN Appraiser

Zimmerman, MN

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Michael S. Bolton,Inc.

Office Phone: (612) 599-2581

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