Oakdale MN Property Home Search App - Durham Executive Group

The RE/MAX Results cell phone App is finally here and best of all it is FREE. John & Becky Durham is providing the FREE cell phone and Tablet app for all of our clients, prospects, and friends. All you need to do is text the Durham Executive Group at 651-231-2191 and request the home search App for the Twin Cities and Western Wisconsin.

The App makes searching for homes while on a mobile device easy and enjoyable. Information on the App is pulled directly from Results.net, so the high-resolution photos and expanded descriptions that you see will be available on the user's Smartphone or Tablet.

One of the unique and ground-breaking parts of this new App is something called Results Radar. When a user stops in front of a home currently listed for sale on MLS and they want all the photos and information, they simply have to click on the Results Radar button and hold the phone up so that the home can be seen in the viewer. All of the MLS information will immediately populate on the mobile device screen, including the enhanced information from Results.net.

The Durham Executive Group along with RE/MAX Results believes that mobile technology is the next great frontier of consumer interaction. With this App, we lead the way by bringing the power of Results.net into the palm of your hand for all of our friends, clients, and prospects.

Are you looking for Oakdale homes for sale? Recent MLS statistics show that transactions are up significantly over last year. Whether you are a Minnesota first time home buyer, moving up from a previous home or an investor, today is a great time to be looking for a home in Oakdale. With a combination of record low interest rates and reduced property values, housing payments haven’t been this affordable in decades. You will want to understand the 3 basic types of properties listed for sale.

Oakdale Foreclosures Can Be A Great Value

Foreclosures often represent a great value for today’s home buyer. When a bank owns the home they want to sell it quickly as they are responsible for maintenance, utilities, and property taxes There is a lot of competition from home buyers today when a foreclosure comes up for sale at a good value. It is not uncommon to see multiple offers on a Oakdale foreclosure, sometimes driving the price above the list price.

Short sales can be a good opportunity for home buyers who do not need to move within the next 6 months or so. When a seller has a home on the market as a short sale, this means they will not be able to pay off the entire loan they have on it when they sell the home. This means that after they receive your offer you will need to wait while the seller negotiates with their bank to forgive a substantial part of their debt.

Traditional sales from a home seller represent at least half of the homes on the market today. These properties are often great values in part because there has been a property owner there to take care of any the necessary maintenance on the home. A traditional home seller will tend to be more apt to pay all of your closing costs as well. If you are looking for a well-maintained home where you can move in quickly with great financing terms, a traditional home sale is the way to go.

City of Oakdale

Oakdale is a fine community in the Twin Cities area, and part of Washington County. As Minnesota's 32nd biggest community in terms of population, it is conveniently located just east of Saint Paul. The City of Oakdale, MN lies entirely within the North St. Paul-Maplewood-Oakdale school districts, but the students living in Oakdale are split into two high schools, Tartan and North High. The famous World Headquarters of Imation is located near Oakdale and many Oakdale residents are employed by nearby 3M.

MN First Time Buyers First Step

For many Minnesota first time home buyers the big, intimidating question is where do I start the process? Your very first step to home ownership is to get preapproved for a mortgage. By doing so you find out how much you are qualified for so that we can research homes in a comfortable price range.

Casey Anderson
Sales Executive, Licensed Realtor in Minnesota
IBR Realty
caseyanderson@ibrrealty.com
Cell 651-245-1820
Woodbury, MN 55125
With a focus on Woodbury real estate and surrounding communities.

Oakdale MN Year End 2011 Housing Statistics - Durham Executive Group

Oakdale MN year end 2011 (Jan thru Dec) housing statistics for zip code 55128 show a continued drop in overall sale prices and a slight up tick to Days on Market Until Sale. A positive is that the overall number of Oakdale homes for sale declined significantly placing the Oakdale MN housing market in what is considered a Seller's market. A balanced market is considered when the total monthly supply of homes for sale is between 5 - 6 months. The current monthly supply of homes for sale in Oakdale as of the end of December was 4.7. Keep an eye on this statistic as we move into the 2012 market in terms of the median sales price, and the average sales price of homes.

- Median Sales Price dropped -19.2% to $133,000

- Average Sales Price dropped -13.0% to $145,513

- Average Price Per Square Feet dropped -12.6% to $83

- Days on Market Until Sale went up +1.8% to 129 days

- Monthly Supply of Homes for Sale went down -18.8% to 4.7 months

- Homes for Sale as end of December was 148 down -23.1%

* Data for this post was researched from the Minneapolis Area Association of Realtors

Follow the Durham Executive Group's blog for ongoing Oakdale MN housing statistics. Whether you are a home seller or a home buyer stay informed and current about what is happening in Oakdale MN. Your Oakdale MN real estate agent specialists.

Oakdale MN Homes for Sale Dec. 2011 - Durham Executive Group

As a real estate agent we like our clients and for those considering putting their home on the market to stay informed on housing trends for Oakdale MN. Subsequently, my research this morning shows me while some home depreciation in Oakdale has continued there are some key positives providing sellers a glimmer of hope. My research clearly indicates that the number of Oakdale homes for sale has declined steadily for the past two years with a big drop in particularly this past year. The past twelve months the Durham Executive Group has seen the number of homes for sale in Oakdale decrease by -19.7% bringing the Oakdale housing market slightly into what we call a seller's market. This is significant! Of special interest is that there has been a slight increase (+0.5%) in the number of homes sold over the past twelve month period in Oakdale (this information has been researched from the Minneapolis Area Association of Realtors).

The positive in this statistic is the old supply and demand equation. With the continued decline in the total number of Oakdale MN homes on the market we are definitely starting to see the very early signs that Oakdale is moving more and more into a 'seller’s housing market'. Oakdale currently has a 4.9 months' supply of homes for sale meaning that on paper Oakdale is officially in what we traditionally consider a seller’s housing market (below 5% is considered a seller’s housing market).

Keep in mind that homes sell all year and not just in the spring. Sometimes home sellers mistakenly believe you cannot sell a home in the winter months, but that isn't the case. In fact, there generally is a lot less competition as many people pull their homes off the market until spring.

Oakdale MN Months Supply of Homes for Sale Dec. 2011 - Durham Executive Group

As a real estate agent we like our clients and for those considering putting their home on the market to stay informed on housing trends for Oakdale MN. Subsequently, my research this morning shows me while some home depreciation in Oakdale has continued there are some key positives providing sellers a glimmer of hope. My research clearly indicates that the number of Oakdale homes for sale has declined steadily for the past two years. Over the past twelve months the supply of homes for sale in Oakdale MN has declined by -14.9%. This is significant! Of special interest is that there has been a slight increase (+0.5%) in the number of homes sold over the past twelve month period in Oakdale (this information has been researched from the Minneapolis Area Association of Realtors).

The positive in this statistic is the old supply and demand equation. With the continued decline in the total number of Oakdale MN homes on the market we are definitely starting to see the very early signs that Oakdale is moving more and more into a 'seller’s housing market'. Oakdale currently has a 4.9 months' supply of homes for sale meaning that on paper Oakdale is officially in what we traditionally consider a seller’s housing market (below 5% is considered a seller’s housing market).

Keep in mind that homes sell all year and not just in the spring. Sometimes home sellers mistakenly believe you cannot sell a home in the winter months, but that isn't the case. In fact, there generally is a lot less competition as many people pull their homes off the market until spring.