Oakdale MN Monthly Supply of Homes for Sale 2011 - Durham Executive Group

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Real Estate Agent with Durham Executive Group - RE/MAX/Results

Oakdale MN Monthly Supply of Homes for Sale 2011 - Durham Executive Group

 

For both Seller's and Buyer's the following information provided by the Durham Executive Group is helpful to understand when buying or selling a home in Oakdale MN. The graph below is Oakdale MN Monthly Supply of Homes for Sale 2011 on a twelve month rolling scale.

What you will note is that all three categories of homes for sale (traditional home sales, foreclosure home sales, and short sale home sales) in Oakdale MN vary considerably when looking at the Monthly Supply of Homes for Sale 2011. What is especially good for Oakdale MN sellers is that the traditional monthly supply of homes on the market since September 2009 has reduced from a 'buyers' market to what we call a balanced market. Foreclosure homes are at a low level which is definitely a good sign for traditional home sellers contemplating putting their home on the market. Unfortunately short sales while reducing significantly since 2009 still continue to affect the housing market to a certain extent. 

In real estate the general rule of thumb is if there is a 1-5 months supply of homes it is called a 'Seller's Market', a 5-6 month supply of homes and it is called a 'Balanced Market', and if there is 6+ months of homes for sale and it is called a 'Buyer's Market'. Between now and early 2012 we are likely to see the annual continued trend of the number of traditional Oakdale MN homes for sale reducing over the winter months before going back up slightly again next year.

The thing for a seller to keep in mind is that fall and winter is still a good time to sell as the number of competing homes for sale in Oakdale usually drops allowing for less competition. John & Becky Durham provide strong marketing, negotiation, and communication skills to all of our buyers and sellers. Contact us today to discuss how we might best assist you.

 

Note: The graph below is provided by the Minneapolis Area Association of Realtors.

 

Oakdale MN Monthly Supply of Homes for Sale 2011 - Durham Executive Group

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John and Becky are real estate agents with backgrounds and work experiences that set us apart from our competition. We are both educated with post graduate degrees and have worked in upper bracket professional management positions in both business and educational settings prior to real estate. We know how to work with all social and economic clientele - whether it's a first time buyer, or a multi-million dollar client. We put the emphasis on ‘EXECUTIVE LEVEL' service regardless of the size of the transaction.

Our mission statement embodies putting the client first. We recognize the importance of listening to, and fully understanding our clients' needs and concerns. Each of us brings a unique set of marketable skills with none more important than integrity and honesty. We give our word that there will never be a transaction we are involved with that is not handled with professionalism, honesty, and integrity. Additionally, we pride ourselves on our communication skills and the ability to market and negotiate our client's properties with superior results. In fact, our efforts were recently recognized with an award for our client marketing. This is a prestigious award only a few agents in the Twin Cities receive from the National Association of Realtors and Realtor.com.

 

John and Becky Durham

REMAX Results

604 Bielenberg Drive

Suite 100

Woodbury, MN  55125

Voice (651)231-2191

Fax (651)735-8246

John@DurhamExecutiveGroup.com

http://www.durhamexecutivegroup.com/ (Search All Properties Currently for Sale in Twin Cities, Greater Minnesota, and Western Wisconsin via our MLS - Enabled Search Engine)

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Durham Executive Group

 

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