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Market for the Brainerd Lakes Area of MN

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN

October Market Report for the Brainerd Lakes area

There were strong home sales in the Greater Lakes region once again in October. For the month there were 242 closed sales, up 14.7 percent from a year ago as low mortgage rates and the federal tax credit for home buyers sdining areapurred activity.

With the home buyer tax credit extended and expanded, we can expect that first-time home buyer activity will remain strong, but don't bank on the same blockbuster numbers we saw this year. If you were a potential first-time home buyer who was qualified to purchase in 2009, the chances are very good that you already bought. The fact that the income limits have been raised for eligibility does help since it widens the credit's availability. The $6,500 credit for second-time buyers will spur some sellers in the low-to-mid price ranges to put their homes on the market who had previously been on the fence. New listings will likely increase this winter and into early 2010 as a result

Remember first time home buyers are now competing with homeowners who are downsizing and getting a $6500 tax credit to do so. Those perfect smaller move in ready properties under $150,000 are still going to be a hot commodity with some action sure to be seen in the up to $225,000 range.

Whatever price range or amenities you are looking for - let me help you. I can take the stress out of the search and help with my construction background to make suggestions on what could be done to a 80% perfect property to get to 100%.

Brainerd Lakes Area Market Report for October 2009

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN

There were strong home sales in the Greater Lakes area of Central Minnesota once again in October. For the month there were 242 closed sales, up 14.7 percent from a year ago as low mortgage rates and the federal tax credit for home buyers spurred activity. With the home buyer tax credit extended and expanded, we can expect that first-time home buyer activity will remain strong, but don't bank on the same blockbuster numbers we saw this year. If you were a potential first-time home buyer who was qualified to purchase in 2009, odds are pretty good that you already bought. But if not, new homes coming on the market weekly and great buys waiting for you. The fact that the income limits have been raised for eligibility does help since it widens the credit's availability.

The $6,500 credit for second-time buyers will spur some sellers in the low-to-mid price ranges to put their homes on the market who had previously been on the fence. New listings will likely increase this winter and into early 2010 as a result.

I have listings in all price ranges and many move in ready - just bring in your own things and settle down for the winter.KW

Kathleen Lordbock

REALTOR/Short Sale & Staging Specialist

Keller Williams Realty Brainerd Lakes

Brainerd Lakes Area Expected to Grow!

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN

The Brainerd Lakes area according to state demographers is expected to be the top growth area in the state. Area counties such as Aitkin , Cass and Crow wing Counties are projected to grow by 65% between 2000 and 2030, which makes it the fastest growing pocket in the state. The counties which are North of the area are projected to grow by 55% in that same time frame. Following the recession, according to George Orning a community planner, it will take about 5 to 10 years to catch up and our lakes area will have more competition with other urban centers which offer similar lakeamenities such as: trees, water and hills.

The time to buy property in the Brainerd Lakes area is now. With our great selection of properties at every price range and our natural resources, this is a great place to consider for a primary or vacation property. There are many lower priced homes available on smaller lakes and very high end homes on the Whitefish Chain, Mille Lacs and Pelican along with others.

We are centrally located in the State of Minnesota with good roads leading into the area. Something is always happening here regardless of the season. This is far more than a summer get away. Our Fall season with the gorgeous color displays are breathtakingly beautiful. Winter brings a Wonderland with Cross Country Trails and downhill ski thrills. Spring is just the start for a summer of fun on our lakes and rivers or award winning golf courses. Many movie stars, successful business people and high profile sports figures spend their relaxation time here in the Lakes. Do they know something, you don't.

For a property in the Brainerd Lakes area contact: Kathleen Lordbock, Top Brainerd Agent, with Keller Wiliams Realty Brainerd Lakes - your area expert.

Kathleen Lordbock

REALTOR/Short Sale & Staging Specialist

Keller Williams Realty Brainerd Lakes

Re$ale Design & Home Staging

218-829-0339

218-831-8001

KLordbock@kw.com

photo by Aunt Owwee - Flickr

Do You Do The 50% Ratio?

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN

In reading a blog on the net , I came across the idea of the 50% Space to Stuff Ratio This was new to me but may be old stuff to some of you.

The concept is that you are to evaluate the floor space in your home. If it is almost completely covered, there is no room left for new opportunities to come in. Reduce what is on it by 50% and there will be room for movement and the ability to change out what you want for now and for the future. When you have an open house and there are a lot of people in the room - they need to be able to get around.

Then when you bring in something new, something old goes away - far away- permanently.

This will help considerably with your organizing, as there will be less to organize. Once your home is ready to be sold, you will not have all your stuff to deal with. What is left is what you really want to keep and/or need.

This may help in explaining things to clients about how much to remove before staging.

Once again, it is 50% available space to how much stuff is in that space, for some you may need to give a 75% figure. Men probably like this numbers concept better than most women, we go more by how it looks.

Prepare to be Cornmazed

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN

CA corn maze

Here in the Brainerd Lakes of Minnesota, 2 special corn fields have been silently growing and planning for the Fall. Soon these innocent looking fields will be sculpted and designed into twisty labyrinths for the sole purpose of making you walk in circles. You can spend an afternoon winding your way through the towering stalks and the evening on a hayride drinking cider. There are special days for families with small children and appropriate age crafts. Several nights will be for those who like a little excitement with their confusion. Scary creatures will inhabit the maze ready to make it a screaming adventure.

"Our labyrinth of twists, turns, and dead ends, carved into a 14 foot high cornfield, offers an experience that is perfect for those searching for adventure.

Near Halloween, what was a dark, quiet, gentle maze becomes a field of screams, with ghosts and goblins added for your late night spooking pleasure!"

Support local farms in your area and enjoy our Autumn Season. To learn more about corn mazes visit Corn Maze Directory.