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Minnesota

Grab those skates!!!...

Lindsey Hasford: Real Estate Agent in Elk River, MN

Grab those skates.... and let's head outside! The skating rink at Hanke school is open and ready for action! At night you'll see teams playing hockey and young and old enjoying this winter wonderland.

You don't like skating? Then bring your sleds! They have some massive fun sledding hills waitng just for you....

...and in the cold of it all there is a warming house to thaw out your toes.

Or, I could take you looking for homes in the area... there are many within walking distance of the rink that are worth your time and money.

I haven't actually been on skates in a few years, but have been kicking around the idea. I might just go and dust them off and head out myself... of course, it'll probably be next week when the temps have risen a bit!

Happy skating!

Market Updates

Mark Westpfahl - Twin Cities MN REALTOR® : Real Estate Agent in Roseville, MN

Many home owners keep their finger on the pulse of the market by knowing what's for sale near them.
Receiving market updates by email
is a great way to get up to date information about their specific twin cities area. It's a great tool for those who are not sure when to sell, but would like to know exactly what the market conditions are like near their home. It is also useful to anyone who would like to move into a specific area of the twin cities, but aren't sure when.

Statistics

Get the recent statistics right now from Edina Realty here. Click on "Market Update" to see twin cities area market statistics including average days on market and absorption rate.

As of January 2nd. "The Twin Cities and surrounding areas are expected to continue their post-boom correction in 2008. With some of the correction already behind us, many experts in the industry feel that we are beginning to work our way back to a more balanced market. New construction is showing positive signs for a recovery as inventory levels come down with units priced to sell and fewer permits issued in 2007. And, we expect to see a more normal increase in property listings and look forward to more activity at open houses. Overall, we anticipate some pent up demand among buyers resulting in increased activity in the first quarter." -- from EdinaRealty.com

Five Reasons to Love Lake Carlos (Alexandria, MN)

01-20-08
Craig Mische
Craig Mische: Real Estate Agent in Alexandria, MN
Alexandria has many, many beautiful lakes. In fact, from most places of employment, you can walk out the door and be at a lake within 5 minutes (while Alexandria is a popular, bustling community, traffic isn't a factor in Alexandria). It is tough to choose one as a favorite, but if forced to do so, I'd choose Lake Carlos. Here are 5 reasons I like it. 1. County Road 11. Each time I turn onto it off Carlos Darling Drive, I immediately relax. 2. Three Havens Grocery. It is kitschy and is convenient for a newspaper and cup of coffee or missing ingredient for a recipe 3. It's big. It's the biggest on The Chain (2,520 acres). If it is a busy day on The Chain, just head to the northern end of Lake Carlos. Most boaters out for a tour will cut across Carlos half way up the lake. 4. Carlos State Park 5. Bike rides around the lake and through the Park.

Tropical Real Estate Market in St Cloud MN

01-19-08
Jason Tangen
Jason Tangen: Real Estate Sales Person in Saint Cloud, MN

Originally posted on www.StCloudEdina.com/blog on Jan. 19th, 2008:

The real estate market around the St Cloud area seems to be hot. The temperature on the other hand leaves a little to be desired. I went to my first showing this morning (of 6 sets of showings to different buyers this weekend) and the temperature gauge said -15 degrees. Bundle up out there!

Yes indeed, it does seem as though the real estate market is definitely picking up around St Cloud MN. Lately, I have been fielding a lot of calls from buyers who are anxious to see what is available to purchase. They have heard "theres gold in dem der houses" and they are starting to believe.

It could be the 300+ foreclosed propertieson the St Cloud MLS and the lure of a phenomenal deal that has given them the home-buying bug. I know the last few of my buyers have been bitten by the foreclosure bug. They have also averaged about $25,000 between their homes purchase price and the appraised value at time of purchase. That is with work to be done!

It could also be that people are getting interest rates on their mortgages at around 5.5%. We know that the rates have been slipping in anticipation of Mr. Bernanke's potential 50 basis point drop in the fed ratecoming soon. Is it possible, like some bloggers are hinting, rates will go even lower and break that 5.0% barrier?

There are many different reasons to believe that this years spring market will be a good one (especially for home buyers). This is also a good sign that we might be able to turn the corner and get the real estate market back on track in Central MN.

Let me get off my soapbox for a little while. I guess I'm just a little excited because I am busy and the people I am talking to seem to be picking up additional business as well. I hope that this is a sign that St Cloud and the surrounding areas have started to turn around. I know of a lot of good people in this area that would be more than willing to buy or sell a home if they could just get a ray of hope that the bottom isn't going to fall out.

A negative report!

Lindsey Hasford: Real Estate Agent in Elk River, MN


Click for Full Observation

-11° F
CURRENTLY
A Few Clouds
Wind Chill: -26°F


Pat's Weather Update








Sat
Cold Sunshine, Wind Chills: -30 to -15
-1
-14
Sun
Still Cold, A Few High Clouds
3
-11
Mon
High Clouds, Frigid
6
-7
Tue
Increasing Clouds, A Bit Warmer
10
-5
Wed
Flurries/Light Snow Possible
10
5

Doesn't matter what the report says...
It's still a great day to go looking for homes!
Just bundle up and let's go!
We can grab some hot cocoa or a cup of coffee and find you a cozy warm home of your very own!!!!

This is gonna be a chilly week, but that's what living in Minnesota is all about right? So, crank those heaters and start the fireplaces - it's gonna be tough to stay warm the next few days! Mmmm - it'd be a great day to bake some chocolate chip cookies too wouldn't it?!

Weather Report From Kare 11