homes for sale in owatonna: What's the Buzz in Owatonna Real Estate? April 2012
- 04/18/12 03:06 AM
What’s the Real Estate Buzz in Owatonna? We are seeing an increase in real estate activity in our area. Things are definitely looking up in 2012. Is this darn housing recession over? Well, it may be a bit premature to declare its demise, we can certainly celebrate the fact that sales numbers and volume are up nicely so far for the year.
In addition to first time buyers, which were the mainstay of the market during the last couple of years, we have seen an increase in the number of move up buyers. That’s a hopeful sign as consumers (0 comments)
homes for sale in owatonna: What's the Buzz in Owatonna Real Estate?
- 02/22/11 04:37 AM
It seems that activity has slowed down a little from our earlier start. It's always difficult to try to make sense of when and why the level of activity varies as it does. I was looking at the sales statistics for the year to date and was a little surprised at the low average sale price. With seventeen homes sold so far this year the average selling price is $106,258. I know it's quite early in the year to make any predictions from this start, yet it is slightly lower than it was this time last year when the average sale (0 comments)
homes for sale in owatonna: Owatonna Homes are on Sale!
- 02/22/11 04:29 AM
We're Having a Real Estate Sale! In my area of Owatonna, Minnesota we have homes on sale! Prices are down 10 -20% from the more robust real estate market of 2005. If every item in the store at Target and Wal Mart went on sale for 10-20% off the most recent price don't you think they'd see sales increase? I doubt people would say, "No thanks, I'd rather wait and buy when prices go up." Just like Warren Buffet pointed out "When Wall Street has a sale (prices down 10-20%) no one shows up." It's too bad that home buyers are (3 comments)