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Chuck Carstensen

Zimmerman, MN -- Market Update

Here is a market snapshot of what is happening in the Zimmerman, Mn Real Estate market.

Active listings: 111

Active listing under $100,000: 11

Pending sales: 23

Pending Sales Under $100,000: 6

Closed listings year to date: 17

Closed listings under $100,000: 5

Sales have picked up in Zimmerman as of late. There are many nice clean homes closing in on $100,000. I like to focus on the $100,000 in these posts because for most people at $100,000 they really should own instead of rent if the credit allows.

If you are looking for a home in Zimmerman, MN let me know!

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Chuck Carstensen is a Realtor with The Discovery Team at RE/MAX; helping buyers, sellers, and investors of residential real estate. He is a Dynamic Life Coach; The Discovery Coach- "Helping you discover your talents, desires and purpose." Carstensen is a speaker and co-author in the best selling book series Wake Up...Live the Life You Love: Your Wake Up Moments (NOW available go to http://tinyurl.com/wakeupmoments).

Ramsey, MN -- Market Update

Here is a market snapshot of what is happening in the Ramsey, Mn Real Estate market.

Active listings: 203

Active listing under $100,000: 12

Pending sales: 39

Pending Sales Under $100,000: 6

Closed listings year to date: 33

Closed listings under $100,000: 2

These numbers tell you the prices have been dropping with more pending listings under $100,000 and many of the active listings under $100,000 will move under contract to pending too.

If you are looking for a home in Ramsey, MN let me know!

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Chuck Carstensen is a Realtor with The Discovery Team at RE/MAX; helping buyers, sellers, and investors of residential real estate. He is a Dynamic Life Coach; The Discovery Coach- "Helping you discover your talents, desires and purpose." Carstensen is a speaker and co-author in the best selling book series Wake Up...Live the Life You Love: Your Wake Up Moments (NOW available go to http://tinyurl.com/wakeupmoments).

Elk River, MN - Market Summary

For those curious of what has happen so far in 2009 in the Elk River, Mn Real Estate market this blog summarizes the market.

Current Active listings: 249

Active Listings Under $100,000: 15

Pending sales: 31

Pending sales under $100,000: 5

Sold listings year to date: 44

Sold listings under $100,000: 7

It should be noted there a several more sales, mostly townhomes that have occurred just above $100,000. Homes in Elk River are very affordable now. Many of the two stories that have gone to BANK owned status can be purchase between $200,000- $250,000.

Let me know if I can help you with your Real Estate needs!

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Chuck Carstensen is a Realtor with The Discovery Team at RE/MAX; helping buyers, sellers, and investors of residential real estate. He is a Dynamic Life Coach; The Discovery Coach- "Helping you discover your talents, desires and purpose." Carstensen is a speaker and co-author in the best selling book series Wake Up...Live the Life You Love: Your Wake Up Moments (NOW available go to http://tinyurl.com/wakeupmoments).

March = Spring Market in Minnesota

Things normally start to crank up a notch in the Real Estate Market come March. With home prices about 40% off of where they were and low interest rates I expect the Spring Market in MINNESOTA to be GREAT!

There are many homes at VALUE prices. Buyers are looking for the VALUES. Sellers don't mistake this Spring Market as, "maybe I can get MY PRICE because its Spring."

Prices are way down. They not going up this Spring. However, the supply of homes could level off somewhat with the amount of buyers that will be in the market to move in the next 3-4 months. So what sellers can hope for is prices to level off more then the constant drop we have been seeing.

What buyers need to be aware of is GRANT money that will be available in select cities making a buying a home now the right thing to do! I will have updates in the coming weeks on which cities have the GRANT money available and how you can get it! Stay tuned!

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Chuck Carstensen is a Realtor with The Discovery Team at RE/MAX; helping buyers, sellers, and investors of residential real estate. He is a Dynamic Life Coach; The Discovery Coach- "Helping you discover your talents, desires and purpose." Carstensen is a speaker and co-author in the best selling book series Wake Up...Live the Life You Love: Your Wake Up Moments (available Feb. 26 go to http://tinyurl.com/wakeupmoments ).

Isanti County Home Market

Isanti County, MN has been one of the hardest hit markets in Minnesota. There are still many more homes on the market then buyers and there will be a large amount of homes hitting the market this summer and fall.

So what do you do if your a buyer?

1) Buy Smart - There are LOW interest rates and low prices. There are homes at market bottom prices, or near market bottom prices. There are homes less then rent. Now is still a good time to buy.

2) Get approved for a loan now - Even if your just feeling things out. Get your finances in order. Know your buying power. Ask about special grant money available.

3) Save now - You need a down payment. Save at least 3.5% of what you are looking to buy. With nice townhomes at $70K in the area 3.5% is not that much.

4) Work with one Realtor - Many people look on their own earlier on...or Realtor hop according to who has the listing. If you are a buyer you need to find a Realtor that works with mostly buyers.

A HOUSE is a HOME. This is a great time to find the right home for you. Happy Hunting! I'm happy to assist you!

Chuck Carstensen - RE/MAX Associates plus inc. 612-290-3809