housing statistics: Snapshot of Home Sales Statistics in Forest Lake, MN Year End 2015
- 02/24/16 08:54 AM
At the end of 2015 there were only 2.5 months of inventory in the Forest Lake area for single family homes including all condos, townhomes and new construction. The housing market in Forest Lake is stable and stronger than has been in several years though it has come back slower than communities closer to the Minneapolis/St Paul metro. New listings were up a substantial 13% from 2014 to 2015 and closed sales up a whopping 36.4%. This is most likely due to abundant new construction in the area. The continued lack of inventory throughout the metro has pushed buyers … (1 comments)
|
housing statistics: January and February 2010 Twin Cities Real Estate Market Video Updates—A Real Estate Double Feature!
- 02/25/10 02:02 AM
The February Monthly Skinny from the Minneapolis Area Association of REALTORS® was released last week. They say time flies when you are having fun...Well, I have been having fun working with several buyers and traditional sellers to get their homes prepared for the spring market so I missed posting the January Skinny. So...It is Double Feature time! The January Skinny was a year end update for 2009 as we closed the book and took a huge step toward a balanced market in the Twin Cities. As many of the community snapshots I have posted over the past 3-4 weeks have stated, … (7 comments)
|
housing statistics: December 2009 Twin Cities Real Estate Market Video Update—Continuing Signs of Recovery!
- 12/22/09 12:34 AM
In the December Monthly Skinny from the Minneapolis Area Association of REALTORS® provides a snapshot of the Twin Cities real estate market as we wrap up 2009.
Though there still are challenges in the upper brackets of the housing market, there has been a continued trend of recovery. Though we did still see a 3% month-to-month drop in median home prices, from $175,000 to $170,000, this is lowest drop in two years. Strong home sales added to shrinking supply equates to a stabilizing home market. This month's Skinny notes that our Twin Cities was affected by the $8000 tax credit as part … (2 comments)
|
housing statistics: November 2009 Twin Cities Real Estate Market Video Update—Affects of the $8000 Tax Credit!
- 12/12/09 09:48 AM
As we cruise into the cold of winter, we can take a few minutes to review how the fall market energized the Twin Cities real estate market as we view the November Monthly Skinny from the Minneapolis Area Association of REALTORS®.
This month's Skinny examines how the Twin Cities was affected by the $8000 tax credit in the month of October. The announcement of the extension and expansion came late enough into the month that many buyers did not want to risk missing the original November 30th deadline. Almost 4700 purchase agreements were signed in the month of October. The … (12 comments)
|
housing statistics: October 2009 Twin Cities Real Estate Market Video Update—Not a Total Comeback but Still Moving Forward!
- 10/31/09 06:19 AM
Althought it is the last day of October, there is still time to share this month's update from the Minneapolis Area Association of REALTORS®.
The October Monthly Skinny points out that even in the cooler September temperatures, theTwin Cities real estate market was hotter than average for early fall. The Twin Cities area saw a 23.5% increase in pending sales in September 2009 as compared to September 2008. Many of these purchase agreements were for homes in the very affordable under $120,000 price range. No doubt due this surge in sales contracts were due to the soon to expire … (6 comments)
|
housing statistics: 2009 3rd Quarter Real Estate Market Statistics for Lino Lakes, MN
- 10/11/09 07:19 AM
Looking for a good deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro? Lino Lakes, MN in Anoka County might be just the ticket. 2009 had seen an abundance of sales in the lower price points with bank owned and lender mediated properties impacting the market. Traditional homes had longer market times and by the end of the 3rd quarter properties were starting to move in even the higher price points.
Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near … (0 comments)
|
housing statistics: September 2009 Twin Cities Real Estate Market Video Update—Real Estate Statistical Crystal Ball Fuzzy after Tax Credit Expires!
- 09/19/09 01:36 AM
In the September Monthly Skinny produced by the Minneapolis Association of REALTORS®, it appears there are indications of a continued improving market. We have now experienced fourteen consecutive months of increased pending sales as compared to the same month the year before. Of these sales, 40% were still lender mediated (bank owned, foreclosures and short sales) but traditional sellers are starting to see more action. This is especially true for those with homes priced under $150,000. As most of this activity has been generated by the soon to expire, first time buyer tax credit, the crystal ball is fuzzy going forward … (3 comments)
|
housing statistics: August 2009 Twin Cities Real Estate Market Video Update—Assessing the Seesawing Real Estate Statistics
- 08/29/09 09:01 AM
The supply and demand seesaw that is the Twin Cities real estate market is showing more positive indicators according to the Minneapolis Association of Realtors® monthly skinny for August 2009. Pending sales numbers are the best they have looked since 2005...up for the 13 consecutive month in a row. Inventory is down 22% since July 2008...another great indicator of a recovering market. Days on the Market are also down significantly. But a significant amount of the sales continue to be lender mediated short sales and foreclosures so while we can be optimistic, it is best to remain cautiously optimistic when considering the … (16 comments)
|
housing statistics: July 2009 Twin Cities Real Estate Market Video Update—Mid Year Real Estate Statistics!
- 07/23/09 03:04 PM
The year is half over and the Minneapolis REALTORS® Association's July Monthly Skinny, it a half time show worth viewing. The report, while not completely rosy, does show that the market has improved significantly since the first of the year. Lender mediated sales are a nearly half of the market at nearly 46% but traditional sellers are starting to get into the game on more and more occasions. Home inventory levels are continuing to move down; there is currently 22% less home listings on the market today as compared to the same time last year. However the total inventory is still … (0 comments)
|
housing statistics: Lino Lakes, MN Real Estate Market Statistics First Quarter 2009
- 04/03/09 07:55 AM
Looking for a good deal on lakeshore or acreage in the Minneapolis/St. Paul area north metro? Lino Lakes, MN in Anoka County might be just the ticket. First quarter sales have seen sales in the lower price points with bank owned and lender mediated properties impacting the sales. Traditional homes had longer market times but some properties were selling.Lino Lakes has a good mixture of lakeshore, acreage and townhome residences but is more known for having a bit of space between the houses. It conveniently located near the junction of the 35E and 35W split, just north of the Twin Cities, … (10 comments)
|
housing statistics: Ham Lake, MN Real Estate Market Statistics 1st Quarter 2009
- 04/03/09 01:55 AM
Believe it or not, the unique Ham Lake name wasn't the first choice by the settler's to the area. Incorporated in 1974, Ham Lake became a city after over a hundred years of humble but steady growth. The area was first settled in 1855 by a group of Scottish men on the southwest side of Ham Lake. The original name of the community was Glen Carey, which is the Scottish translation of "beautiful valley". Following a prairie fire in 1857, the first settlers moved but the community was resettled again. The new Scandinavian settlers had a hard time with the pronunciation … (4 comments)
|
housing statistics: Anoka, Chisago and Washington County 2008 Year End Housing Statistics--Snapshot VS Detailed Report
- 02/26/09 02:01 AM
Real estate marketing statistics have been thrown around in the media lately as commonly and as randomly as a toddler tosses around a bowl full of Cheerios. Just like those darn O's, numbers and stats are everywhere! But with so random of a disbursement, does a home buyer or seller really understand what they mean?Since the beginning of the year, I have been posting real estate market statistics for the communities in the north metro where I do the bulk of my business. While I work in Anoka County, Southern Chisago County, North and Eastern Ramsey County and North Washington County, the … (14 comments)
|
housing statistics: October Video Update on Twin Cities Real Estate Market
- 10/28/08 03:55 AM
I came across this market update posted on YouTube from the Minneapolis Association of Realtors which is a very good explanation snapshot of condition of the Twin Cities real estate market today. It is cautiously optimistic about the housing market conditions this fall. Take a look...
If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest … (5 comments)
|
housing statistics: Lino Lakes, MN Real Estate Market Statistics 3rd Quarter 2008
- 10/08/08 06:36 AM
Lino Lakes continues to grow and real estate is affordable. Conveniently located near the junction of the 35E and 35W split north of the Twin Cities, Lino Lakes is a 33 square miles treasure. With 13 lakes and acres of beautiful protected wetland, the community is served by three school districts; Centennial District #12, Forest Lake District #831, and White Bear Lake District #624. The gem attraction is the pristine 2,700-acre Rice Creek Chain of Lakes Regional Park Reserve is situated within the heart of the city. Lino Lakes is committed to maintain this treasure and its natural settings and wildlife … (3 comments)
|
housing statistics: Forest Lake, MN Real Estate Market Statistics Third Quarter 2008
- 10/07/08 12:18 PM
Forest Lake, Minnesota in the northeast metro Twin Cities area holds a special place in the hearts of many Minnesotans. Many residents of Minneapolis, St. Paul or one of the first ring suburbs will remember Forest Lake fondly from decades ago as a summer vacation spot or place to go for a drive in the country. Today, the lakeside cabins have been replaced with year round homes and the rural nature is all but a thing of the past in this thriving St. Paul suburb. Though housing growth has slowed down drastically in the past year or two in many northern … (2 comments)
|
housing statistics: Wyoming, MN Real Estate Market Statistics Mid Year 2008
- 07/05/08 10:24 AM
The City of Wyoming, Minnesota on the northeastern edge of the Twin Cities metropolitan area is a hidden gem! According to the city's website the town was named after the first settlers who in 1855 relocated from the Wyoming Valley in Pennsylvania. Wyoming boasts its own police and fire departments, city utilities, library, hospital, elementary school and several community parks. Neighborhood shopping is great with a cute coffee shop, drug store and grocery store in the heart of the town.Activities are abundant in Wyoming. Not only is the center of the community located smack dab on the walking/biking/snowmobile trail that runs … (15 comments)
|
housing statistics: Circle Pines & Lexington, MN Real Estate Market Sales Statistics for Mid-2008
- 07/01/08 05:55 AM
Circle Pines is a small city, approximately 2 square miles, in Anoka County. The neighboring community, Lexington is even smaller encompassing less than one square mile of land. Both little communities are often overlooked since they are sandwiched between Blaine, Lino Lakes just to the north of Shoreview. Circle Pines might be small but is thriving and has a unique history. According to Circle Pines and Lexington History, it was one of the first cooperative communities started in 1946 in an area between the townships of Blaine and Centerville in Southern Anoka County. According to the Circle Pines website, the symbol … (10 comments)
|
housing statistics: Real Estate Market Statistics Ham Lake, MN 1st Quarter 2008
- 04/12/08 01:33 AM
Even though existing single family home sales in Ham Lake, Minnesota remained sluggish during the first quarter of 2008, there were some indications of better days ahead. The Days on Market (DOM) statistic was reduced slightly from 220 to 214. Conversely, homes in the higher price categories have been worse than stagnant. There is a complete lack of any sales at all! Only 2 in pending and one sold in the over $400,000 price category all quarter. With over 60 listings currently on the market, Ham Lake is over saturated with high end homes.Under $400,000 there is some good activity. Currently … (10 comments)
|
housing statistics: Real Estate Market Statistics Forest Lake, MN 1st Quarter 2008
- 04/11/08 01:18 AM
Real estate in Forest Lake, MN in north Washington County and east Anoka County is still selling. Activity is up in the Forest Lake market as I can attest from the increased traffic at my open houses and my website. The Days on Market (DOM) Statistic for most homes show that many of the properties that did sell in first quarter were on the market for much of last year. Inventory is up in the under $300,000 price category and down in the over $500,000. Check fourth quarter statistics here. The reduction in inventory in the upper bracket has less to … (10 comments)
|
housing statistics: How Do Twin Cities North Metro Communities Compare to New Construction Nationwide?
- 01/24/08 11:40 AM
A 25% nationwide drop in construction was announced last week by the National Association of home builders. But as all real estate is local, what does that mean to those of us living and working in the Twin Cities? Are the numbers the same? Better? Worse?The answer is, it all depends on your location!The Builders Association of the Twin Cities (BATC) issued a press release stating that there were 8.961 units permitted in 2007, down from 12,644 in 2006. This translates to a 29% decrease metro wide during the past year. Additional statistics are available showing building permits issued since 2005. … (6 comments)
|
;)
;)
;)
