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The January 2010 Monthly MN Real Estate Skinny

Kathleen Lordbock   Keller Williams Realty Brainerd Lakes: Real Estate Agent in Brainerd, MN
The January 2010 Monthly MN Real Estate Skinny

Let the 2010 real estate games begin!

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

There seems to be some confusion on housing market statistics and as usual , it all depends on who is paying for the report. In my area of the Brainerd Lakes in Minnesota, the sales of homes under $150,000 is picking up. The median priced range homes have slowed and we are seeing a dip in the luxury home market. With that said - buyers are still buying lake homes on desirable lots, tearing them down and building even bigger and "better". Homes are still selling and people are still buying. It seems that more people are putting their homes on the market to test the waters and then pulling them off or not renewing their listing contracts.

For this reason, I am only interested in motivated sellers - need to sell or really are determined to make that move. I have now received certification through two programs on Short Sales and REOs as that seems to be what we will be dealing with more and more. To not be educated on these and to work them is a big No No in my mind. However, after the studying you do need to go for it. I see others comment that only agents experienced in Short Sales/REO should do them. They were not always experienced, but that is a good way to cut out any competition.

I am enrolled in the Harris Real Estate University Coaching program and have found that they do keep me up to date on any changes and hints of changes, along with the ins and outs of the processes. Let the 2010 games begin !

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Allergies or the Flu - Christmas Misery

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

a nose of candy canes

I am sneezing, coughing and congested. So are other members of my family including those who came home from Florida with me. I feel fine but am tired (probably a lack of sleep). They, however are just miserable and have additional symptoms that I thankfully am not sharing. Fever, chills, thick mucus, aches and a total lack of motivation (so they say). I think that my problems are due to allergies and they have a cold or the flu. If you are wondering about your symptoms here is a great link to About.com that will give you some help in sorting things out. Of course, a visit to the doctor may be in order for some and do not let the Internet be a substitute for good health care!

At my house, these young and healthy individuals should bounce back quickly but since Mom (that would be me) is taking care of them and they are on vacation this could take a while.

photo by Flickr

Put a Lid on IT!

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

When your home is for sale, things need to change in a big way. If you want to leave the lid/seat on your toilet seat up - that is for you and your wife to work out. However, when your home is listed and people are touring - the seat and lid need to be down. Seems like a small matter and it is. It is also only one of a list of things that need to be done to get your home the most showings, the most offers and sell in the shortest amount of time.
All my signed listings receive a detailed staging consultation and great advice for getting your home prepared for the market. This is a market that is packed with competition. Unless your home is priced competitively and shows above the competition - it will linger on the market while the others sell.
Do you want to sell or do you want to stay ? Decide now and then lets get going. This is a great time to get started. I will advise you every step of the way and offer low or no cost ways to make your home the shining star.
Buyers are looking for move in ready properties that they can quickly personalize in their own way.

Call 218-831-8001 if you are in the Brainerd Lakes area of Minnesota and desiring to sell your property!

photo by flickr

October's Story

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

October’s big Real Estate story will be the expiration of the $8,000 tax credit on November 30th for eligible first time homebuyers. Since most transactions are taking a minimum of 30 – 45 days to close after an offer is made, buyers who need financing will need to sign a purchase agreement by the end of October 2009 in order to close their loan by the Nov. 30 deadline. Buyers who are hoping to utilize the $8,000 tax credit should be only making offers on properties that are able to close quickly and do not require bank approval. We do not know whether an extension on the tax credit will take place – or what that opportunity might look like – we only know how things are right now.

Buyers do not delay; you may be gambling away $8,000. We are also in a rare period of low interest rates, low prices, abundant inventory and down payment assistance programs – there's no better time to buy in our area of Minnesota. If you are looking in the Brainerd Lakes area of Minnesota, I have properties in all price ranges from county to city to lake. Many more are coming on the market so if you didn’t find what you wanted before, do give me a call. I will find your dream home for you. 80 acres of Hunting land adjoining State land and a 15- 25 acre rural parcel will soon be listed along with a 5 bedroom, 2 bath, 3 car just a few miles North of Baxter. A 3 bedroom on 7.5 acres and a 2 bedroom/2bath/ 2 car in town also are upcoming.

If your home is not selling and you want to try something different - give me a call at Keller Williams Realty Brainerd Lakes. I will help you get your home show room ready, priced for this market and sold. The home that shows the best, is heavily marketed and priced correctly will sell first.