lynn johnson: What's the Real Estate Buzz in Owatonna Minnesota?
- 06/08/10 06:06 AM
What's the Real Estate Buzz in Owatonna? Things were picking up in April and then slowed down quite a bit in May. The outlook is mixed with spotty activity right now. It seems that our spring market has taken a break - due to many buyers purchasing by the tax credit deadline of 4/30/10. We're predicting that first time home buyers will be the mainstay of this market, along with buyers relocating into Owatonna for their jobs. According to my lending expert Brenda Bednar (through Advisor's Mortgage) she is taking applications from those two buyer niches. Property issues are becoming more … (1 comments)
lynn johnson: Just Like Charles Dickens Said
- 05/10/10 03:57 PM
"It was the best of times it, it was the worst of time, it was the age of wisdom, it was the age of foolishness..." Who knew Charles Dickens was actually predicting the real estate market from 2000-2010? In addition to being a prolific playwright, Dickens was also apparently a man who was able to see the future relating to the business of home sales. For those of you who have been real estate professionals from the late 1990's through the middle of the first decade in the 21st century you were able to participate in a period of unprecedented growth in home … (1 comments)
lynn johnson: National Open House Week?
- 04/10/10 05:37 PM
What kind of activity did you see in your open houses this week? I'm hopeful because even though my open houses did not bring any lookers (in the $120k range) we saw quite a few people out at our opens in the over $200k price ranges which keeps me hopeful for a move-up buyer recovery - you know those elusive creatures that almost became extinct in 2006. Lynn Johnson, CRS, GRI, MBA Broker/Owner Owatonna Real Estate Pros Coldwell Banker Home Connection www.myowatonnarealestate.com www.cbhomeconnection.com
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lynn johnson: What's the Real Estate Buzz in Owatonna?
- 04/10/10 05:25 PM
April seems to be the start of spring - not just regarding the weather - but as a sign of our real estate market. We've seen some positive signs in the market and we sure hope that continues. Our average sale price is still down from this time a year ago, but we expect that to increase with time and at least hold even with last year. As of the first of the year we've seen 53 homes sell in an average of 102 days at an average sale price of $130,432 which is 96.38% of the list price and 93% … (1 comments)
lynn johnson: Getting Organized! It's not that bad - really
- 03/12/10 05:12 AM
If your home is anything like mine, you've accumulated a fair amount of "stuff" around the house. I'm somewhat embarrassed to admit that I still have a couple of boxes with kids' toys (my kids are now 18 and 20) that we moved from our old house 10 years ago - taking up space in my basement storage area. I've been dedicating some time to cleaning out the clutter and I'm thrilled with the results. It's such a great feeling - ridding my home of unused and unneeded stuff. I'm going to be much more careful about what is worthy of keeping. I … (3 comments)
lynn johnson: What's the Buzz for Owatonna Real Estate?
- 03/05/10 04:35 AM
Well, we're two months into 2010 and so far 33 homes have sold in Owatonna. The average sale price of the homes that have sold is $118,175, which is down dramatically from 2009, but we do expect to see that number rise as we add more sales. The homes that have sold have done so in an average time of 88 days on the market. The activity that we've seen reflects the influx of investors, first time buyers, and the impact of bank-owned properties on our market. Right now there are 235 homes for sale on the market at an … (3 comments)
lynn johnson: Time to Put the Skis Away - What an Adventure!
- 03/05/10 03:37 AM
Well, the days and nights of cross country skiing seem to be melting away. Not that I'm complaining about the sunny, above 30 degree days that we've been experiencing all week. It's just that I was hoping for a few more opportunities to strap the skis on. We've seen some beautiful spots around Minnesota this winter. We toured Forestville State Park near Preston, Nerstrand Big Woods State Park between Northfield, Kenyon and Faribault, Banning State Park near Sandstone, Owatonna's own Rice Lake State Park, and of course, Kaplan's Woods. We skied at 5 below zero and when it was in … (3 comments)
lynn johnson: What's the Buzz in our Owatonna Minnesota Real Estate Market?
- 01/15/10 05:54 AM
What's the Real Estate Buzz in Owatonna? The start to 2010 has been a bit sluggish so far - mostly due to frigid temperatures that we experienced during the Holidays and the first two weeks of the New Year. We finally have temps that are above zero, and even getting close to above freezing. Wow! We expect to see listings increasing during the next couple of months as sellers try to take advantage of the tax credit induced buyer activity. In addition, current homeowners can potentially benefit from the stimulus if they sell and purchase a new home. We predict that … (3 comments)
What's the Real Estate Buzz in Owatonna?
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