Owatonna Homes are on Sale!

By
Real Estate Agent with Coldwell Banker Home Connection

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 inundated with negative news that holds them back from buying while homes are on sale.  I don't think they really want to wait until prices go up, but that's the wisdom that the media is passing along to them.  As many other agents have stated, it's time to change the perception that buyers have.  Don't wait until everyone else is buying and prices go up.  Buy now - it's on sale!               

Comments (3)

John Durham
Durham Executive Group - RE/MAX/Results - Woodbury, MN
MS, MS, ASP, ARS

Lynn,

Really agree with you and loved the Warren Buffet quote in your article.

Feb 22, 2011 04:40 AM
Lynn Johnson
Coldwell Banker Home Connection - Owatonna, MN
Owatonna, MN Real Estate
John, thanks for stopping by. Best of luck to you in 2011.
Feb 22, 2011 04:51 AM
Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

If you need an outstanding realtor in the Owatonna area, call Lynn Johnson today.

Apr 02, 2014 09:27 AM