PATTI ANN KASPER, Blaine MN & North Metro Minneapolis Real Estate Expert

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC.
For the period of January 1, 2007 thru December 31, 2008

Buyers: Receive a CASH BONUS of 2% of the sale price up to a maximum of $10,000.00 after closing when you purchase a home through me.

To find out more, call Patti Ann Kasper at 763-548-1418 today!

Sellers: Your home SOLD in 39 days or less GUARANTEED, or I'll pay you up to $10,000 after closing!

*National Real Estate Stimulus Program* Participant

To view my interactive on-line real estate magazine with listings, select the banner below:

Touch the banner below to send this information to your friends or family!


Patti Ann Kasper, Your Minnesota, North Metro Twin Cities, and Blaine MN Real Estate Expert!
© Copyright Patti Ann Kasper 2009 All Right Reserved.

2008 Year End Housing Statistics - Blaine, MN

Mean Vs Average: What's The Difference?

2008 Blaine MN
Total Sales = 768
Average Price = $195,000
Median Price = $227,523

December 2008 summary and Year End Totals

The city of Blaine has experienced many big changes this year. The overpass at Highway 242 and Highway 65 is finished and they are now stared on two of the other overpasses that are going in to ease traffic congestion on Highway 65. Our new construction has slowed down, but it has not come to a complete stop, thank goodness. New developments continue to add to the inventory in Blaine.

Looking forward to 2009:

Single Family Homes:
There are currently 297 single family homes listed for sale on the MLS (today 1-7-09) in Blaine. In 2008, a total of 508 single family homes were sold. Based on the rate of sales in November and December of 2008, it would take 7.71 months to sell the current inventory of single family homes (and that's not counting any new listings that come onto the market).

Of the 493 homes that were competitively sold on the MLS in Blaine in 2008, the average list price was $261,530 and the average sale price was $254,405 (97.3% of list). The average days on market was 78.6 with the cumulative days on market 151.6. The cumulative days on market includes all days within a calendar year that the home was listed on the MLS even it was listed by different agents and/or companies. The average price per square foot was $116.55 and the average finished size was 2,184 square feet.

Townhomes, Condos, and Twin Homes:
When you consider townhomes, condos, and twin homes - that adds another 135 units to the inventory. In 2008, a total of 266 units closed were sold. Based on the rate of sales in November and December of 2008, it would take 8.18 months to sell the current inventory (and that's not counting any new listings that come onto the market).

Of the 262 units that were competitively sold on the MLS in Blaine in 2008, the average list price was $176,419 and the average sale price was $172,080 (97.5% of list). The average days on market was 91.9 with the cumulative days on market 161.2. The cumulative days on market includes all days within a calendar year that the home was listed on the MLS even it was listed by different agents and/or companies. The average price per square foot was $106.28 and the average finished size was 1,619 square feet.

New construction homes in Blaine are very reasonable. The builders have had to compete with the inventory of existing homes and this makes Blaine very affordable for new construction.

Handy Blaine Area Links:

Anoka Hennepin District #11
Centennial District #12
Spring Lake Park District #16
National Sports Center
Tournament Players Club golf course

Anoka County Library Northtown 763-717-3267
Johnsville Branch Library 763-767-3853

Blaine Utilities:
Electricity Connexus Energy 763-323-2719
Electricity Xcel Energy 800-895-4999
Natural Gas CenterPoint Energy 800-269-1114
Wastewater Blaine Public Services 763-785-6123
Water Blaine Public Utilities 763-784-6700

Public Safety emergency resources 1-800-422-0798 or metro 651-649-5451
Federal Emergency Management Agency Region V FEMA 312-408-5500
Small Business Administration Disaster Resources Disaster Area Offices 404-347-3771

Additional Commercial Transportation Providers

Participating member of the *National Real Estate Stimulus Program*
Buyers: Receive a CASH BONUS of 2% of the sale price up to a maximum of $10,000.00 after closing when you purchase a home with Patti Ann Kasper.
Sellers: Your home SOLD in 39 days or less GUARANTEED, or I'll pay you up to $10,000 after closing!
That's right, a tax free cashiers check is mailed after closing, upon receipt of proof of purchase, and verification of identity. Could you or someone you know do something with that? If you are thinking of buying or selling a home, call Patti Ann Kasper to find out how you can receive your own National Real Estate Stimulus Program CASH BONUS!

For more information about my services, guarantees, or how I can help you find your next home, sell your home, buy a business or investment property. Just call Patti Ann Kasper today at 763-548-1418!

To view my interactive on-line real estate magazine with listings, select the banner below:


Touch the banner below to send this information to your friends or family!

Patti Ann Kasper, Your Minnesota, North Metro Twin Cities, and Lino Lakes Real Estate Expert! Associates of Science Degree in Geographic Information Systems and Cartography from Anoka Ramsey Community College in Coon Rapids, Minnesota.
© Copyright Patti Ann Kasper 2008 All Right Reserved.

Weekly Market Activity Report
From the North Metro Realtors Association

Select the link above or the image at the right to see the latest Weekly Real Estate Market Activity for the Minneapolis Saint Paul Twin Cities area. This Weekly Market Activity Report was created by the Minneapolis Area Association of REALTORS®. The North Metro REALTORS® Association uses it under license.

As prices and interest rate drop, homes become more affordable and obtainable to those who have at least a small down payment and a stable income.

New listings and pending sales are both down, even more than normal for Minnesota in the winter. Inventories are easing somewhat, and active listings are down. There is a slight improvement in the days on market with homes averaging right about 150 days before sale with the percent of list price actually obtained is right around 90%.

It is still a buyers market with homes becoming more affordable and the supply/demand ration projected to be 8.36 for January of 2009. That means that for every buyer, there are 8.36 houses on the market. That number was over 12 in November 2008.

Today's average interest rate fell to 5.17% for a 30 year fixed loan according to bankrate.com

Buyers: Receive a CASH BONUS of 2% of the sale price up to a maximum of $10,000.00 after closing when you purchase a home through me.
To find out more, call Patti Ann Kasper at 763-548-1418 today!
Sellers: Your home SOLD in 39 days or less GUARANTEED, or I'll pay you up to $10,000 after closing!
*National Real Estate Stimulus Program* Participant

To view my interactive on-line real estate magazine with listings, select the banner below:

Touch the banner below to send this information to your friends or family!


Patti Ann Kasper, Your Minnesota, North Metro Twin Cities, and Lino Lakes Real Estate Expert!
© Copyright Patti Ann Kasper 2008 All Right Reserved.

USDA Rural Development and Community Loan Program

Rural Housing Direct Loans (from the Government)

Section 502 and Section 502 Direct loans are used primarily to help with lower-income families purchase homes in rural areas. You can build, relocate, renovate, or repair a house in this program.

Applicants may have have up to 115% of the median income for their particular area. To find out the area income limits look here. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance as well as have an appropriate credit rating.

The area income limits for Minnesota are located here. For other areas, please click on the picture above.

The program is pretty specific, but if you meet the criteria, this can be a great deal for you and your family! This is one of the few remaining "zero down" programs.

To find out more, call Patti Ann Kasper at 763-548-1418 today!

To view my interactive on-line real estate magazine with listings, select the banner below:

Touch the banner below to send this information to your friends or family!


Patti Ann Kasper, Your Minnesota, North Metro Minneapolis St Paul Twin Cities Real Estate Expert!

Movers Toolbox, Video Library, Discounts, Offers, Services, Tips and Information for help with moving. Making a move can be intimidating and frustrating all at the same time. Take control of the situation by creating a budge, establishing time-lines, and selecting the right professionals and advice to get you moving in the right direction.

Get tips on buying or selling and make the most of your biggest investment by learning what kinds of improvements buyers value the most. Find out what can add value to your home and what doesn't.

Organize and track your moving tasks with the Mover's Workbook from Lowe's. You can download or pritn out worksheets, guides, and checklists for easy access.

Homeowners, discover a wide range of tools to help you with repairs and rennovations. Topics and tools include a: Carpet Cleaning and Installation Guide, Flooring Worksheet, Laminate Flooring Calculator, Lawn and Garden Worksheet, Paint and Color Worksheet, Paint Calculator, Wallpaper Calculator and Window Treatment Worksheet. There is even a Home and Child Safety Checklist.

Buyers: Receive a CASH BONUS of 2% of the sale price up to a maximum of $10,000.00 after closing when you purchase a home through me.
To find out more, call Patti Ann Kasper at 763-548-1418 today!
Sellers: Your home SOLD in 39 days or less GUARANTEED, or I'll pay you up to $10,000 after closing!
*National Real Estate Stimulus Program* Participant

To view my interactive on-line real estate magazine with listings, select the banner below:

Touch the banner below to send this information to your friends or family!


Patti Ann Kasper, Your Minnesota, North Metro Minneapolis St Paul Twin Cities Real Estate Expert!