Planning Your Success in Chaska & Chanhassen Real Estate
Planning Your Success in Carver County Minnesota Real Estate
Cologne’s Change in New Listings is 133.3% Change in Closed Sales is 133.3% Change in Median Sales Price 24.0% Cologne 2012 2013 New Listings 3 7 Median Sales Price 127,000 158,050 Days on Market until sale 177 57 Inventory of Homes for Sale 19 18 Norwood Young America’s Change in New Listings is -50% Change in Closed Sales is -33.3% [...]
Chaska’s Change in New Listings is -5.5% Change in Closed Sales is -36.8% Change in Median Sales Price +8.4% Chaska 2012 2013 New Listings 73 69 Median Sales Price 195,000 211,450 Days on Market until sale 112 119 Inventory of Homes for Sale 177 133 Chanhassen’s Change in New Listings is -12.1% Change in Closed Sales is -7% Change in Median [...]
Every week the Minnesota Association of Realtors provides a market activity report. Below are the numbers for last week. In the Twin Cities region, for the week ending May 4: • New Listings increased 10.7% to 1,825 • Pending Sales increased 17.2% to 1,404 • Inventory decreased 28.0% to 13,361 For the month of April: [...]
According to RealtyTrac, the number of properties that received a foreclosure filing in March was 1% lower than the previous month and 23% lower than the same time last year. Home sales for February 2013 were down 12% compared with the previous month, and down 9%compared with a year ago. The median sales price of a non-distressed home was $160,000. The median sales price of a foreclosure home was $118,000, or 26% [...]
The first place people search for anything is the internet. A home to buy is included. Here is where we list your home.
The Minnesota Homeownership Center gives buyers direct access to Down Payment Resources. This website’s goal is to educate potential buyers and owners with the home buying process. This new feature allows the homebuyer to click on the Down Payment Resource icon and answer a few questions to see how much they qualify for. This seems [...]
The statistics speak for themselves. This information is compiled by the Minneapolis Area Association of Realtors ©. The Jeff Schulz Team statistics are even better than average! Days on Market until Sale This Year Last Year January 106 141 February 111 144 March 109 144 The last five homes Jeff sold were on the market 12, [...]
Where has the Twin Cities real estate market been and where is it heading? This monthly summary provides an overview of current trends and projections for future activity. Narrated by Andy Fazendin (2012 President-Elect, Minneapolis Area Association of REALTORS®), video produced by Chelsie Lopez.
More homes seem to be selling in less time for closer to list price according to the Minneapolis Association of Realtors. It also looks like the single-family detached segment may recover faster than the condo-townhouse attached segment. Are you thinking of selling yours? NOW is the perfect time. In the Twin Cities region, for the week [...]
2013 starts off right according to Freddie Mac. Interest rates are still at an all time low. Call me if you want to talk about buying or selling. It is a great time! Freddie Mac reports the following: 30-year fixed-rate mortgage (FRM) averaged 3.34 percent for the week ending January 3, 2013, down from last [...]
Christmas decorations while your home is on the market can make it more appealing to potential buyers. Generally the fireplace is the focal point of the living room so use this opportunity to transform your mantle into something beautiful. To obtain the simple and clean look, place clear class with white candles and silver ornaments. [...]
What does the market look like now? What are the changes and repucussions of the Presidential Election. Kathy Harrison, a long time mortgage senior loan officer writes “The stock market took a bit of a tumble post election and that was a boost for Bonds which in turn caused interest rates to take a small [...]
Now you do. Centex homes provides a quick reference guide, but this list is not all inclusive. Depending on where you live in the country, these recommendations may not apply to you. The items below represent checks you should make in the first year of moving in. Next week I will list recommendations for yearly [...]
According to Realtor.com, “The total US for-sale inventory of single family homes, condos, townhomes and co-ops remained at historic lows, with 1.8 million units for sale in September 2012, down -17.77% compared to a year ago.” The process of recovery continues to go up, although slowly. Below are a few of the trends and stats [...]
Clean, Clean, Clean. And when finished, Clean! You want buyers to see your great features, not a mess on the floor to distract them. That means no dust bunnies. Other tips for cleaning include: Washing dirty dishes, and vacuuming the carpet, sweeping, dusting, and picking up. Also, deep clean your home by washing windows and [...]
One of the ways to refinance an FHA mortgage is through a process called Streamlined FHA Loans (SFL). This is to take the original loan and request through a lender to have the interest rate lowered. This, in return, lowers your monthly mortgage payments. You do not have to qualify, and there are no appraisals. [...]
The market seems to be stabilizing, and sales are up. But I am hesitant to be optomistic just yet. Quick facts for the week ending July 14: • New Listings increased 6.2% to 1,536 • Pending Sales increased 13.4% to 1,125 • Inventory decreased 30.7% to 17,188 For the month of June: • Median [...]
People ask short sale or foreclosure, which is the better option? I use to always answer ‘Short Sale’! Short Sales have been the answer because people were under the impression it was easier on your credit score than a foreclosure. But according to a recent blog post by FICO Banking Analytics, there is no real [...]
There is much discussion in the media about whether a short sale or a foreclosure is the better choice for homeowners who owe more on their home than what it is worth and can no longer afford their mortgage payments. I’ve prepared a free report that compares the two scenarios so homeowners can make educated decisions about how to proceed [...]
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