Here is the latest information for December Apple Valley home sales. New listings were down 3% but closed sales were down 32%. Not an alarming drop but something that we will need to keep our eye on. Median sales price was up 5% to 185,000 and average sales price was down 8% to $197,797. Percent of original list price received at closing was down 3% to 91.9%. Average days on market was up 13% to 131 days. Single family inventory was up 9% and town home and condo inventory was down 7%.
Start your Apple Valley Home Search here.The information was courtesy of Minnesota Association of Realtors.
If you are in a situation where you are facing a short sale ask yourself this, "Am I hiring the best person for the job possible"? Looking at many short sale listings in the MLS I see time and time again the same situation. I'm going to hire my Uncle Junior's 3rd cousin removed because he is related to me. It doesn't matter that they have never completed a short sale nor have the competence to complete one. I have a sign in my yard and it will take care of itself. Wrong answer. I'm working with an agent that we are representing the buyer in this transaction. We wrote our offer in September and I have had contact with the listing agent a total of 3 times. I can never get this individual on the phone. I finally got thru to them and asked how it was moving. They kind of laughed and asked if I could help them complete the short sale as they did not know too proceed. What! You took a short sale listing and didn't know even how to process it. Unreal. I just completed a short sale in Apple Valley that had 3 mortgages and 2 tax liens. The buyers agent received weekly updates so they knew how the file was progressing. There are right ways and wrong ways to do a short sale. The right way-hire me. The wrong way-hire Uncle Junior's 3rd cousin removed because if I don't Uncle Junior might call me. I haven't talked to him for 10 years but I don't want that phone to ring. People facing a short sale or foreclosure do you homework. It is your financial future at stake. I'm going on a listing appointment on Thursday and the first thing the homeowner told me was the other agent "told him" to stop paying his mortgage. Really? Talk about wanting to get sued. Call today for your free evaluation if facing a foreclosure or short sale situation.Short sale completed in Apple Valley MN
Home owner saved from foreclosure on credit report.
The information is in for Lakeville MN December home and property sales. New listings were down 3% and closed sales were up 85%. That number is surprising when looking at the overall health of the real estate market. Home owners priced their homes correctly and we had buyers that were willing to part with their money. There are some great deals out their right now as affordability hasn't been better. Median home sales price was up 8% while average sales price was down 5%. Home owners received 88% of their original asking price which was down 4%. Average days on market was down 17% to 143 days. Homes are moving. Single family inventory was at 274 units or up 14% and town home and condo inventory was down 17% to 94 units.
If you have any questions on the above material please feel free to send an email and I will be happy to respond.
Data courtesy of Minnesota Association of Realtors
The November home home sales information for Apple Valley is in and is as follows. New listings were down 12% and closed sales were down 15%. November traditional starts the slow time for home and property sales so this number isn't surprising. Median homes sales and average sales price were basically unchanged. The percent of original list price received at sales was down almost 6% meaning home sellers are not adjusting to the market changes and trying to list their house for more than the market will bear. Home sellers don't fall into this trap. Your greatest traffic on your new listing is going to be in the first 3 weeks. If you start to make big adjustments in your price after this period buyers get curious why the sudden price drop. Single family inventory was up 6% and townhouse and condo inventory was down 6%. It is still a great market for first time home buyers so don't wait for mortgage rates and inflation to creep up.
Imagine this. You are sitting at home in your pajamas searching the internet countless hours searching for your Apple Valley home. You found it. Now what? You wait a couple of days and drive by the home and pick up the phone to find out that your dream home has sold. Sound familiar. Sign up for the Home Sweet Home Buyers Club and create your own search. You get the homes sent to you before anyone else knows they are one the market. Are you searching all the main websites like Yahoo, Google, CBBurnet, Edina Realty? Little do you know that it takes up to a week for these sites to pick up a new listing. You just lost your dream home. It doesn't have to be that way.
Start your home search here.
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Certified Distressed Property Expert specializing in helping homeowners avoid foreclosure. Short Sale & Foreclosure Resource Certified by NAR. Home Sweet Home Buyers Program. Twin Cities Specialist.
Hello and welcome to your one-stop source for real estate services covering the Lakeville, Apple Valley, Rosemount, Burnsville, Eagan, Prior Lake, Savage, Farmington and Elko/New Market areas. Real estate is one of the most exciting investments one can make and it should be a fun and rewarding experience. Here you'll find everything you'll need to buy or sell a home as well as learn about the market value of homes you may want to own. It is my goal to provide you with superior service at all times and help make you an educated consumer! I offer many different programs but I put my guarantee's in writing! I am that confident in my service. I want you to be completely satisfied throughout your real estate transaction. My ultimate goal is to have your loyalty for a lifetime. When you think real estate, I want you to immediately think of me. I want you to have the peace of mind knowing it is covered for one year! Enjoy the information on the website. I look forward to working with you in the future.
Before You Start Looking For Your New Home:
What are homes selling for on your street? Feel free to contact me to find out what neighborhood homes are selling for, free of charge, or to receive a more detailed analysis of the value of your home.
Getting the Highest Price for Your Home
Curb appeal is key and could make a difference whether people stop and take a flyer, or drive right by. Here are a few tips to increase the curb appeal of your home. Staging your home is important. Many buyers will stay in your home longer if it's staged appropriately. I have compiled some ideas to present your home in the most effective manner.
I offer a FREE unique home-hunting service designed to make the home-hunting process both easier and less time-consuming. Many find the traditional home-buying process very frustrating because it's usually the agent who selects which homes you will view, but with our FREE Buyer Profile program, it's you, the buyer, who decides which homes you will take the time to view.
Here's how our FREE home hunting service works: each night our computer searches the main real estate database for all homes (not just our own listings) that match your exact requirements (style of house, square footage, lot size, location, etc.), and then automatically downloads these listings which we then e-mail or fax to you. Daily you receive this free information enabling you to beat out other buyers to new listings.
If you would like to receive regular updates of new listings that match your homebuying criteria simply call our office at 952-997-1960 and we will be happy to assist you.
I offer multiple FREE reports that you can request. They include;
If you are looking for a foreclosure or distress property I can assist you with this search. Let me know you search criteria and I will get you setup on a e-mail system.
This directory of local resources will assist you in gathering valuable information about the area. Be sure to visit this page on my website. It is loaded with valueable information. I offer school reports as well as community reports. Type in your information and you can immediately access the information. This is a valueabl tool when starting your search for your new home online and don't know alot about the communities you could be moving to.
Search Recent Home Sales In Your Neighborhood. Find out instantly about other homes sold in your area by completing the information below. You will immediately receive a list of recent home sales compiled from local county records. While this is useful information, it should not be used in place of the more extensive CMA that I can provide at no cost or obligation if you are thinking about selling.
Be sure to look at the mortgage center and prequalify for your mortgage. The first step in buying you new home is to know how much home you can comfortably afford.
Market news and Real Estate tips offer info on issues effecting the industry and where you could be headed in the near future.
I can't begin to thank Kenden enough for dealing with a very difficult real estate transaction. My spouse and I had deceided to get divorced and put our home on the market. We were not really talking to each other but somehow Kenden seemed to smooth things over and get us through it. We apoligize for this situation but it really worked out well for both of us. I would use Kenden again in a heartbeat. He has my loyality for life when it comes to real estate needs. Name and address withheld by request.
Being a first time home buyer can be a very frightening experience. Kenden did an excellent job of explaining the process and what was expected of us. It really is a partnership when he explained how and what was to be expected from all parties. This cut down on our search time and we were able to locate out new home in just a short time and at the right price. He helped us get our financing first and off we went. Kenden will see us again in a few years when we will then be move up buyers. Thanks for everything. J.G. Minnesota
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