We just listed a New Home for Sale in Como Park last week and had received two offers on the home. This is a seller's dream come true. Being able to look at one offer seems to be a reach some times but two really gives you a chance to decide what is best for your situation. So as a seller, what do you need to keep in mind as a seller with multiple offers.
Unfortunately, multiple offers are not too common in today's real estate market but when they happen it is best to be prepared to negotiate and accept the best offer possible. Como Park still remains to be one of the hotest markets in the Twin Cities and we look forward to selling many more Como Park homes - multiple offer or not.
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The Red Cross will be visiting the Como Zoo and Conservatory on January 7th, 2009 from 8am - 2pm to host a Blood Drive. Here is the address 1225 Estabrook Dr , Saint Paul, MN and a link to the Red Cross website to sign up (sponsor code is 6754). 
By choosing to donate blood, you are playing an important role in protecting the health of people in your community. In fact, chances are you or one of your family members will need blood some time in life. Please help us have blood on the shelves when it is needed.
Timing the market is never an exact science. There are however some truths to be found during the real estate cycle of seasonality. During the "Dead Time" in real estate (Nov-Jan) many sellers will pull their homes off the market. For a seller serious about selling their home this is a greatopportunity to lessen the competition factor.
January is a month in which a lot of people will make a job transfer for the upcoming year. If a buyer is moving from out of state, they will need to buy a home from the exisiting inventory. The less inventory on the market, the higher the chance of them looking at your home. Having a continued desire to be able to show the home will help bring more potential buyers through the property.
Buyers looking in the coldest months of the year are serious buyers. No one wants to strap on the boots and walk through snow just for fun. These buyers are motivated to buy and typically have some sort of external motivator as well. Lease is up at the end of the year, want to make a move for tax purposes, ect.
If you would like to see a FREE Report on what your home is worth visit: www.MyMarketToday.com
The snow is starting to fall and the leaves are all but gone... Winter is defiantly here. What does that mean for Real Estate in Como Park? Well here is a brief overview of what happened with homes for sale in Como Park last month.
Home continue to sell in any type of market as long as they are priced right and listed by a local expert in Como Park. Working with a local expert will help you better understand the value of your home, specific target market trends, and maximizing your market exposure. Contact us today if you would like to talk to a local area expert in Como Park- 651-203-1838 or Shawn@HartmannTeam.com.
According to First American CoreLogic, 12% of homes in MN are upside down (upside down meaning owning more on your home than it is worth).
"A growing share of the Twin Cities housing market consists of homes in foreclosure and lender-mediated short sales, and those properties are contributing to a decline in median home prices. In September, the 13-county area's median price was $189,900, nearly 16 percent off the same period a year ago."
MN ranks below the national average of 18% of negative mortgages. Some of the states hit the biggest are:
Nevada was the highest with 48 percent
Michigan, Florida, Arizona, California, Georgia and Ohio - reporting negative equity shares of greater than 20 percent.
New York had the lowest at 4 percent.
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If you are looking to sell your home in the next 30 days, I can help! If you are looking to buy a home under market value, I can help! Real Estate is not only my career but also my passion.
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