owatonna real estate: What's the Buzz in Owatonna Real Estate?
- 07/09/09 09:11 AM
What's the Real Estate Buzz in Owatonna? What happened to the summer weather? Boy, our summer has been marked by cooler temps, but the market has been heating up. First time home buyers continue to fuel the activity. Property issues are becoming more of a challenge with the increase in foreclosed properties, many of which have deferred maintenance issues to contend with. If you have any financing questions you can contact Brenda at 507-455-1858. Her expertise will get you moving in the right direction. According to the Southeast Minnesota Association of Realtors MLS our year to date activity is showing 142 … (1 comments)
owatonna real estate: Attention Sellers - Tempted to Price it High? - Just Not The First 2 Weeks!
- 06/17/09 11:59 AM
Attention all home sellers - we want to help you sell your home for the best possible price. We know you want that, too. The problem can lie between the realistic "highest price" and the unattainable "highest price". It's important to pay close attention to the recommendations of your real estate professional if they've done a thorough and complete job of preparing pricing information for you home. Here's a chart I've used to help sellers understand the importance of pricing properly for the market. As you can see, we tend to have the most buyer activity during the first 2-3 weeks on the market. … (0 comments)
owatonna real estate: Owatonna Real Estate Buzz
- 06/17/09 06:11 AM
We've seen some recent drops in the mortgage interest rates. It looks like a positive time for buyers to think about moving. It's been a good time for buyers to find terrific values for homes in Owatonna. Here are the statistics for Owatonna's market through 6/16/09: Sold 111 homes at an average sale price of $137,108 within an average market time of 112 days. Houses are selling for an average of 95.46 percent of the last list price and 90.18 percent of the original list price. We're still down in homes sold and volume from 2008, but we're seeing that gap … (0 comments)
owatonna real estate: What's the Buzz in the Owatonna Real estate Market?
- 05/22/09 09:04 AM
What's the Real Estate Buzz in Owatonna? Things were picking up in April and early May. The outlook is brighter with increased activity. It seems that our spring market is about a month behind - just like our spring weather. 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 of a challenge with the increase in foreclosed properties, many of which have deferred … (1 comments)
owatonna real estate: Owatonna Minnesota Real Estate Buzz for 3/10/09
- 03/10/09 10:20 AM
What's the buzz so far this year? We're seeing a strong surge of first time real estate buyers and investors. Both of those markets have been active and there seems to be a good supply of homes that appeal to both. We've noticed their influence in the average price of the homes that are pending and sold so far this year. The 34 homes sold in 2009 year to date within an average of 107 days at an average of 94% of the list price and an average of 88.8% of the original list price. There are 47 homes that are … (2 comments)
What's the Real Estate Buzz in Owatonna?
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