minnesota real estate market: Re/Max Results - When to Sell Your MN Home - 01/13/17 08:12 AM
Have you been questioning the right timing to sell your home in the Minnesota real estate market? While the MN real estate market is continually shifting trends, right now Minnesota real estate inventory is low and homes are in demand. With interest rates low and the overall real estate market being strong, you may want to consider selling your home in the winter real estate market. This video explains some key details of selling in the current Minnesota real estate market. 
Contact Chuck Carstensen with Re/Max Results at 612-290-3809 to discuss your real estate needs or for more tips on the MN real estate … (1 comments)

minnesota real estate market: Minnesota/Twin Cities Area Home Buyers Please Read!!! - 01/08/13 12:13 AM
This is not a breaking news alert, but here is information you must know if you are starting to look for a house or thinking about looking for a house to buy soon!
Spring Market: Once we start getting closer to Spring action is really going to pick up.  Meaning the really nice houses you have your eyes on now will be long gone. The new nice home listings that come up for sale closer to Spring will not last long either. In fact there will be more competition, multiple offers, and prices will be higher for the same house!  
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minnesota real estate market: The Problem With The Best House on Your List! - 03/31/12 02:04 PM
There is a problem with the best house on your list.  What is the problem?  Well, its simple. If you like the house, its a new listing, and priced well; then chances are someone else will like the house.
The Twin Cities Real Estate market has heated up. The good houses are selling fast. If you like a house chances are one or several other buyers also like that house.  The problem(s) with that are:
1.  If your not ready to buy, the other buyer will get it.
2. If your financing is "almost" together, its not enough. Sellers want fully … (4 comments)

minnesota real estate market: Twin Cities/Minnesota Weekly Market Update For the Week Ending Dec. 24th - 01/04/12 02:10 AM
I had a customer say they were a little worried about buying right now because they read an article saying that the prices were going to come down more this year.  The media likes to report the negative. We all know that by now right!?!?  Whats the only negative in these stats below. - The Median Sale Price is DOWN -
The median sale price might very well be down slightly in 2012 too.  However, for the investor buyers and first time buyers buying around or below that median sale price you need to understand the reason its down is because … (2 comments)

minnesota real estate market: Twin Cities Jobless Rate Compares Well - 01/03/12 09:14 AM
One indicator that a Real Estate market can get stronger is when people are working. A lot of the worry about whether now is the time to buy a house or not has to do with the economy.  I noticed this article linked in the St. Paul's Realtors Assocation Newsletter.  It indicates that the Twins Cities Jobless rate is the 3rd lowest in the nation (read more)...
First its nice to see that the Twin Cities area is doing a good job keeping people employeed.  I know there are still a lot of fears about when the right time to buy … (0 comments)

minnesota real estate market: Twin Cities/Minnesota Weekly Market Update For the Week Ending Dec. 10th - 12/20/11 01:28 AM
More of the same in the Twin Cities housing market. I like the commentary below provided by the MPLS Association of Realtors comparing the housing market to the Minnesota Golden Gophers sports teams.
It is true because if your a home owner for the last few years its been pretty poor as you have seen your equity go backwards like the football team.  I have been saying there is a lot of hope on the horizon which is sort of a crossover between the basketball and hockey team.  
 
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Today's housing market is like Minnesota Golden Gophers sports. If … (0 comments)

minnesota real estate market: Twin Cities/Minnesota Weekly Market Update For the Week Ending Dec. 3rd - 12/13/11 03:49 AM
Seems to be a carbon copy of last weeks report!  New listings down and pending sales up! Even though we are in the Holiday season and cold weather season here in Minnesota.  Buyers are still out there buying right now! I like what I see in the market right now!  Good things will happen in the 2012 Minnesota and Twin Cities area Real Estate Market!.
 
 
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As another new year approaches, we find ourselves settling in for the 
holidays, which typically come with slowed real estate activity. In the first 
week of the full holiday shopping season, we saw … (0 comments)

minnesota real estate market: More of the Same, Twin Cities Market Report for the Week ending Nov. 26th. - 12/05/11 10:02 AM
Below is another edition of the Twin Cities weekly market report that comes to my email every Monday from the Minneapolis association of Realtors.
Every week the listings decrease over last years numbers at this time. Each week the pending sales have increased.  This particular week there was a 46.8% increase!!! I would love to see the 'Months Supply in Houses' go below 6 months. I think we will see that soon.
There continues to be more life in the market then there was last year at this time. I think we will see it continue in December!
 
 
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minnesota real estate market: Twin Cities/Minnesota Weekly Market Update For the Week Ending Nov. 19th - 11/28/11 01:31 PM
I skipped relaying this report last week because its sounds like a broken record. Listings down year over year and pending sales up. LOOK at those numbers below!  Pending sales are 30% higher then they were the year before.  Good news for sellers.  However, not good news is that prices are down almost 10%.
Reminder though these are good numbers overall for buyers and sellers because we are about to turn the corner in this market!  Buy with confidence!  And if your selling at least their is not as much competition as there as been! (See details coutesy of the MPLS … (0 comments)

minnesota real estate market: The Best Time To Buy Is NOW! - 11/22/11 06:31 AM
If you are looking for a home in Minnesota, and more specifically the metro and extend areas of the Twins Cities I am touting NOW as the BEST TIME TO BUY!
Why is it the best time to buy?
1. The time between Thanksgiving and Christmas seems to be slower in the Minnesota Real Estate market. Meaning the buyers have less competition and typically can save about 5-10% on a home over what they will pay after the 1st of the year leading into the Spring Market.
Coming into this time of year most Realtors are running into multiple offers on … (3 comments)

minnesota real estate market: Twin Cities/Minnesota Weekly Market Update For the Week Ending Nov. 5th - 11/15/11 06:59 AM
This is really starting to sound like a broken record!  But this is good news for both buyers and sellers at this point. Less listings and bottom prices.  Sellers need the listings to decrease so moving forward the supply and demand can level off and prices can slowly start to rise.  
Buyers should be excited because it truly seems like we are at market bottom.  Right NOW at this very time of year and closing by the end of the year is the best time to buy as certain bank owned properties are trying to be cleared out by the … (1 comments)

minnesota real estate market: Minnesota Market Report (RE/MAX Results) - 09/07/11 03:01 AM
Below is a summary of what has been happening in the local market from the Realtor Newsletter that comes to my inbox weekly.  
Lately I have been sensing the listings are down.  Right now its been real difficult for my investors and townhome buyers to find a place.  Everything sells so fast. This is a good sign that we are in a more normal Real Estate Market and the bottom priced homes have found the end to their price drops.  We probably have a ways to go to sort out the "upper bracket" homes.  More info below...

Weekly Market … (2 comments)

minnesota real estate market: Minnesota - A Normal Market Right Now? (RE/MAX Results) - 04/17/11 01:58 AM
Last year at this time we had the mad rush for many buyers to get the home purchased so they could get the up to $8000 tax credit. What that left us with in the Minnesota Real Estate market was a lot less buyers in the summer because so many buyers who would have normally bought in the summer instead made their purchase before April 30th.
This year I have been noticing a more normal market.  Yes, prices are way down from 5 years ago and there are a lot of great deals out there, but the flow of the market … (2 comments)

 
Chuck Carstensen, Minnesota/Wisconsin Real Estate Expert (RE/MAX Results)

Chuck Carstensen

Minnesota/Wisconsin Real Estate Expert

Elk River, MN

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RE/MAX Results

Address: 650 Dodge Avenue, Elk River, MN, 55330

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I help buyers, sellers and investors with their real estate needs. In this blog I post my listings and give real estate, video marketing and personal development tips. I enjoy giving people tips, suggestions and hints that can improve their business and life.


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