Maple Grove, MN

Rates seem to be staying stable. However, the Fed has indicated that the economy may have slight improvement and that it may have to start raising rates in the next quarter or two to stem off inflation. First time buyer credit expires 11/30/09, but there are and still will be homes that are extremely affordable and over the winter months, could be had for less than you would save with the credit.

We over ordered football schedules this year and are offering to send anyone interested in a magnetic Vikings/Gophers combo schedule for free. E-mail Eric@EricHelmers.com with your name and address and we'll send you the magnetic schedule or if you request, we can e-mail you a copy in adobe format that you can print for your office or kids rooms.

Rates remain remarkably low giving real estate buyers and investors amazing opportunities to save tens of thousands of dollars or trim years of their mortgage. $8,000 tax credit ends 11/30/09. Buyers should understand that they need to have identified a property, had a offer accepted and title work closed prior to that date or lose out on the tax credit. The clock is ticking down to zero soon. Call now to get started.

Rates remain remarkably low giving real estate buyers and investors amazing opportunities to save tens of thousands of dollars or trim years of their mortgage. $8,000 tax credit ends 11/30/09. Buyers should understand that they need to have identified a property, had a offer accepted and title work closed prior to that date or lose out on the tax credit. The clock is ticking down to zero soon. Call now to get started.

Here is this months market report showing trends for the Maple Grove area.

Trends show median sale prices are still showing signs of depreciation in Maple Grove. The vast majority of sales in this area are still foreclosures which are impacting on this number. Marketing times year to date have had a very small increase of just 2 additional days over last years numbers. Total inventory is down 12% and closed sales are slightly lower. Signs still point to sellers pricing their homes higher than the market is willing to pay, but the numbers also show sellers are being are more likely to negotiate on an offer rather than walking away.

These numbers show that sellers not needing to sell are removing their homes from the market and that the foreclosure inventory is being consumed by the first time buyers in our market It may also show that there is still a slightly stable and stronger market in Maple Grove which could possibly be related to due to being a desired location for people going through the relocation process.

If you are looking to buyer or sell a home or are looking for additional information or a free CMA, please contact us.