My Crystal Ball for Minot ND 2017

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Real Estate Agent with Alliance Real Estate - Minot 7456
http://activerain.com/droplet/4YMX

Minot's Team, Past/Present/Future

Crystal Ball

Answering the challenge of Praful Thakkar 's Crystal Ball's question of what do I see for the future of Real Estate in 2017 I will give you my vision of the Minot ND market.

North Dakota is home to the perfect trifecta of energy, Oil, Coal, and Wind.

The incoming administration, love them or hate them, will be very kind to energy, all forms. Their embrace of domestic sources of energy will be a huge boom for North Dakota, not just the Western part of the State but also the politicians in the East who love to confiscate it (yes I'm talking about you Fargo).

The cities in the West that will benefit the most will be (in order) Williston, Dickinson, Bismarck, and Minot. Bismarck will benefit like Fargo because it is the capitol of ND and those politicians like all politicians love to confiscate the peoples money.My Humble Abode

 

My crystal ball says that Minot North Dakota will grow substantially in the 8 years of the Trump administration and continue to in the 8 years of the Pence administration. If I were to guess I'd say that we would grow from the 50,000 people here now to 100,000 in those 16 years if not even in just the first 8 years. But what about THIS year, 2017.

I expected 2017 to start out slow, and it is a bit anemic, but the price of oil is already starting to rise and activity in the oil field is picking up. I think by mid summer what is/will be happening in the oil field will once again be classified as a boom.

This time around I think it will be a little tamer. Our infrastructure is still not ready for the kind of growth but ready or not... here it comes. If you doubt what I'm saying just think about snow removal this winter.

Bob Timm, National Marketing Realtors, Minot ND 

 

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Rainmaker
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Alexander- Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Hi Bob, nice informative post about your area and your 2017 prediction.  We already see a goodly number of ND Oil Trains coming through our town thus, I suspect we'll be seeing as many or more this next year.  Best of success!  John and Kat

Jan 13, 2017 07:28 PM #1
Rainmaker
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Bob "RealMan" Timm
Alliance Real Estate - Minot - Minot, ND
Bob Timm, Broker Associate, Alliance Real Estate

Thank you John and Kat Alexander- Slocum . A lot of people think those trains are the reason for the pipe line protests. Some of the protesters have leaked that they are being paid by Warren Buffett (owner of BN Railroad).

Jan 13, 2017 07:38 PM #2
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Bob "RealMan" Timm - Bob's place is beautiful Taj Mahal from India - and I am originally from India - so obviously, I like it very much!

I am sure there will be more investment in infrastructure that will help sustain the growth of population from 50,000 to 100,000 in 8 years of Trump Administration.

Of course, this is a surprise that oil prices are going up even in winter - however, it seems to be a good sign for Texas and North Dakota. Though learned something new from your post about trifecta of energy - oil, coal and wind.

 

Jan 13, 2017 08:18 PM #3
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

And yes, thanks a lot for your contribution to this month's contest Bob "RealMan" Timm. Really appreciate it.

Jan 13, 2017 08:19 PM #4
Rainmaker
3,589,940
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

i don't know your area well, but I think you are on the right track.

Jan 13, 2017 09:58 PM #5
Rainmaker
2,439,956
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Good morning Bob.  No snow so far however, it is raining to beat the band and the wind makes the rain drops sting. Warmer than expected temps.  Now for the market forecast.  Better than last year and last year was great.

Jan 14, 2017 03:02 AM #6
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
Realty National - Carlsbad, CA
Presence, Persistence & Perseverance

Good information and forecast for your area, Bob "RealMan" Timm . I agree with your prediction for the new Federal Administration and I hope the focus on results filters down to the lowest ranks of government.

Jan 14, 2017 04:36 AM #7
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thank you very much for sharing your predictions. Have a most productive 2017!

 

Jan 14, 2017 12:24 PM #8
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

That is a very optimistic prediction and I like it and hope it proves to be 100% accurate, Bob.

Jan 14, 2017 06:12 PM #9
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Bob "RealMan" Timm

Bob Timm, Broker Associate, Alliance Real Estate
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