Joel Friday, e-PRO SFR Andover Coon Rapids

How is the housing market in 55038 Lino Lakes, MN? - http://ow.ly/6hYK9 For the of the latest news, trends, sales statistics and other great information on Lino Lakes MN. Be sure to check out this great link. If you have any questions about homes in the area, I would love to answer those for you. Lino Lakes is a great city in the SE corner of Anoka County. Plenty of shopping in nearby Blaine along with several lakes in the Rice Creek chain are located in the city.

In response to a negative Real Estate article I wrote this response to a friend and thought I would share it here as well..

No, I actually see the market nearing bottom and personally I wouldn't wait to buy if I was in the market. Homes at the lower end are being snapped up quite quickly. There are plenty of cash buyers out there to snap up the good values. There can be a fight between the first time buyers and cash investors and cash is king. Several banks, HUD, and Freddie Mac are allowing owner occupants first dibs on homes, sometimes up to 30 days. Besides, the low interest rates are the real kicker today. A 1% increase in interest is the equivalent of a 10% increase in sales price. That can make a huge difference in what you can afford to buy.

Homes Listed in Winter Sell Best!

Recently we decided to dig into the reports and marketing data to see if it supported our feeling that winter is the best time to buy, and the worst time to sell. However, when we got the results we discovered that our assumptions were dead wrong.

As we roll through the holidays and into winter, many would-be sellers will be holding off on listing their home, waiting for the spring "selling season" to put their home on the market. But if you're ready to sell your home now, is waiting until spring the best strategy? Not according to the data, it isn't.

We pulled a year's worth of data on three quarters of a million homes listed across the country and analyzed sales statistics by season. Here's what we found:

• Homes listed in winter sell faster: 46 days in winter vs. 55 days in summer
• Homes listed in winter are more likely to sell: 59.2% sell in winter vs. 53.1% sell in summer
• Homes listed in winter sell closest to their original price: a 2.7% drop from the final price in winter vs. a 5.2% drop from the final price in summer, worth more than $7,000 on a $300,000 home

Homes listed in winter sell best.
Yup, you read that right: Overall, homes listed in winter sell best. 5.8% more homes listed in winter eventually sell (compared to the overall percentage of homes listed throughout the year), and they sell 1.4 percentage points closer to their original list price than the median---that's $4,900 on a $350,000 home.

Spring wins in one category: Speed. Homes listed in spring sell the fastest, sitting on the market for 15% less time than the median. Winter comes in second in this category though, at six percent below the median, while homes listed in summer and fall both sell slower than the median (12% and 16%, respectively).

How is the housing market in 55316 Champlin, MN? - http://ow.ly/6hYK7 Make sure to check out this link for the latest updates for the area.

Here is a great way to find out what is happening in your neighborhood. Make sure to check this link, 55331 - http://ow.ly/6KEVm If you live some where else in the Twin cities, simply enter your zip code.