Hot off the Press: SW Minneapolis MN Home Sales in October 2009
SW Minneapolis MN real estate market has been quite brisk this month. There have been 120 new listings during October, that’s 12.1% increase over October 2008. However, the year to date number was 0.2% lower than in 2008. That is consistent with the lower overall listing activity this year in comparison with last year in the Twin Cities area.
Low interest rates and the stimulus buyer tax credit helped boost sales, especially in lower price ranges. There were 72 closed home sales in last, a 24.1% increase over October 2008 – this is a significant number. The year-to-date numbers are also higher in SW Minneapolis MN real estate market, but only by 1.3% over the same period in 2008.
What’s interesting is that the SW Minneapolis October median sales price number is a little lower than the year-to-date: $258,000 vs. $265,000. It’s due to a large number of sales of bank-owned properties that were priced extremely low for this area. There are still many excellent investment opportunities in this area, which traditionally has been in high demand.
One thing to understand now is that sales prices in the SW Minneapolis MN real estate market are stabilizing, but active listings still have to be priced competitively to attract showings and offers.
For more detailed information on this and other Minneapolis neighborhoods, check the MAAR report.
If you are relocating to the Twin Cities, contact me for a FREE comprehensive
RELOCATION PACKET.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, GRI, CDPE, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at If you prefer, contact me by email, by clicking on "email me"; link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Hot off the Press: SW Minneapolis Home Sales in October... by Twin Cities Homes for Sale
Copyright © 2009 By Marzena M. Melby, All Rights Reserved
Hot off the Press: Richfield Home Sales in October 2009
Richfield MN real estate market has been very active this month. There have been 77 new listings during October, 32.8% more than in October 2008. However, the year to date number was slightly lower than in 2008. That is consistent with the lower overall listing activity this year in comparison with last year.
Low interest rates and the stimulus buyer tax credit helped boost sales, especially in lower price ranges. There were 49 closed home sales in last, a 28.9% increase over October 2008. The year-to-date numbers are also higher in Richfield MN real estate market, by 25.1% over the same period in 2008.
What’s interesting is that the Richfield October median and average sales price numbers are pretty much the same as last October: median price was $177,000 and average price was $178,047. But, the same numbers calculated as year-to-date are significantly lower over October 2008: median sales price is $164,500 (13% less) and average is $159,019 (15.1%). Richfield MN real estate market has had a large number of bank-owned homes that have been sold this year.
One thing understand now is that sales prices in the Richfield MN real estate market are stabilizing, but active listings still have to be priced competitively to attract showings and offers.
For more detailed information, check the MAAR report.
If you are relocating to the Twin Cities, contact me for a FREE comprehensive
RELOCATION PACKET.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, GRI, CDPE, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at If you prefer, contact me by email, by clicking on "email me"; link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Hot off the Press: Richfield Home Sales in October... by Twin Cities Homes for Sale
Copyright © 2009 By Marzena M. Melby, All Rights Reserved
Can you believe Sesame Street has been in our lives for forty years? And, how it’s changed throughout the years?
Sesame Street has been educating and entertaining American children of all backgrounds since 1969. Since then, the show has been introduced to children in many countries throughout the world.
Children and adults are celebrating this anniversary in many ways, including making delicious birthday cakes like this one by Chocmocakes .
Happy Birthday!
If you are relocating to the Twin Cities, contact me for a FREE comprehensive
RELOCATION PACKET.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, GRI, CDPE, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at If you prefer, contact me by email, by clicking on ";email me"; link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2009 By Marzena M. Melby, All Rights Reserve
Twin Cities Home Buyers: Foreclosure Listing Inventory Drops 60 Percent from same time last year.
Minneapolis Area Association of Realtors reports that bank-owned homes are selling about three times faster than short sales. Many buyers are cautious when making offers on short sales due to complications and delays that are characteristic of these transactions. However, an experienced and trained short sale listing agent will make a big difference in the process and a timely close.
Twin Cities area has a growing number of Realtors holding a Certified Distressed Property Expert designation. They are extensively trained to prepare such homes for the market, have a special procedure of communicating and negotiating with banks. With the new extension and expansion of the buyers’ tax credit, buyers should consider a short sale listing.
If you are relocating to the Twin Cities, contact me for a FREE comprehensive
RELOCATION PACKET.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, GRI, CDPE, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at If you prefer, contact me by email, by clicking on ";email me"; link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2009 By Marzena M. Melby, All Rights Reserve
PLS RT HELP-By sending Christmas card for a child’s last one, expected to live 2wks Noah Biorkman 1141 Fountain View Circle, S. Lyon MI 48178
I asked for further details and found out that little Noah is in the final stages of a two and a half year battle with Neuroblastoma cancer...! His family is having Early Christmas for him and his only wish is to get a lot of Christmas cards!
Can you respond and make a child’s day?!!! I just did.
Let’s all come together and surprise this little beyond his wildest expectations. Pay it forward. Let's show a true power of social media.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Contact Marzena M. Melby, Broker/Partner, Counselor Realty, Inc., Licensed REALTOR® in the state of Minnesota at 612-267-6798
to list your property for sale or to purchase a property in the Twin Cities Greater Metro Area.
Visit my profile to find out more about my services. Call me today at 612-267-6798
. If you prefer, contact me by email, by clicking on ";email me"; link of this page under my profile.
Visit my website to search homes for sale in the Twin Cities and surrounding areas.
Disclaimer: The information provided herein is supplied by several sources and is subject to change without notice. Twin Cities Homes 4 Sale Blog does not guarantee, or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Twin Cities Homes 4 Sale Blog represent the opinions and ideas of the author. Twin Cities Homes 4 Sale Blog does not express the views of Counselor Realty, Inc. or its other partners or agents.
Copyright © 2009 By Marzena M. Melby, All Rights Reserved
 |
|
|
How do I serve your real estate needs? By having the knowledge and tools necessary to help each and every client in their situation. Get a MOVING Real Estate EXPERIENCE
Use this section to write about your specific areas of expertise. Do you specialize in first time buyers - listing high end homes - etc. Are there specific market area's that you specialize in? The more you write about your area's of expertise the more knowledgeable you'll sound to a potential buyer or seller.
Do you have any good testimonials that clients have provided you in the past? Be sure to add them here.
"Marzena, Thank you so much for all your help buying our dream home. You made this stressful process seemless and almost easy. The negotiation went well only because of your ability to stay calm. We are thrilled with the home and with all the terms. Thanks again!"
Tom and Mariola C.
Plymouth, MN
"Marzena and her team put a great effort into helping us find a great home within a tight time frame and also location and price range requirements. They were absolutely great at communication and solving problems that came up during the process. We will absolutely use them again when it's time to move again."
Keri and John N.
Minneapolis, MN
"Marzena,
Thank you very much for all the work you put into selling my mother's house. My siblings and I are thrilled with the end result. We worked very hard on remodeling our mom's home, and we tried to sell it FSBO, and it didn't work. Your and Joyce's hard work and good marketing brought in enough buyers that the property sold, and it sold for a good price.
Thanks again!"
George T.
Bloomington, MN
"We were so lucky that we had Marzena's team working with us. The loan officer we had been pre-approved by all of the sudden "disappeared": her office phone was disconnected, there was no answer on th cell phone, we never received the pre-approval letter, etc. All-of-the-sudden we found ourselves in the middle of negotiating on a house and not really knowing if we had a mortgage secured. Marzena referred us to an experienced and reputable loan officer, who took charge and saved our situation and the transaction. Thanks Marzena. We love our home!
Jackie and Jeff R.
Richfield, MN
"We called Marzena for a market analysis when we were trying to sell my parents' home on our own. At that time, we had talked to two other agents. Marzena's marketing and property pricing looked far more superior than that of the others. We received great decorating and staging help from Marzena's team, which really helped sell the home. When we finally decided to list, Marzena and her team did a fantastic job, especially during negotiation. We are glad we called Marzena."
Stacy H.
Minneapolis, MN
Marzena,
Thank you so much for all you time, effort and lots of patience that you put into helping me buy my home. The seven months that it took seemed like eternity. Every time we wrote an offer, my heart was pounding not knowing if this was the right home. But, when we found this home, all pieces of the puzzle came together so easily. Once again, thank you so very much. I love my home!
Diane C.
Plymouth, MN
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
