Wednesday, September 20, 2017

Weekly Market Activity Report For Week Ending September 9, 2017

For several years, residential real estate markets across the country were relatively
similar except for a few pockets of extreme price increases in the west and a few
areas of slower post-recession recovery in the east. Regional market diversion is
becoming more common. Natural disasters play a part, as do factors such as the
proclivities and incomes of a younger buyer pool.

In the Twin Cities region, for the week ending September 9:
 • New Listings decreased 3.1% to 1,690
 • Pending Sales increased 2.7% to 1,036
 • Inventory decreased 16.5% to 12,587

For the month of August:
 • Median Sales Price increased 6.8% to $252,000
 • Days on Market decreased 14.3% to 48
 • Percent of Original List Price Received increased 0.6% to 98.5%
 • Months Supply of Homes For Sale decreased 16.7% to 2.5

Publish Date: September 18, 2017 • All comparisons are to 2016
Information gathered from MAAR

Friday, September 15, 2017

It’s Apple Day!

Tomorrow Saturday, September 16th in downtown Excelsior is Apple Day!

It starts with the Apple of the Lake 5K and 1 Mile which is still open to registration. You can also volunteer if you sign up today. That is at 8am followed by the street fair from 9am-6pm. You can also enjoy an apple pie contest, a beer and wine garden, a pie eating contest and live music with a street dance. For a look at the live music line up and a schedule of events click here:

Thursday, September 14, 2017

If you're starved for the sounds, textures and moods of the great outdoors, bring the outdoors in!

We live in a fast-paced, plugged-in world. Many of us don't have the time to get outside and enjoy nature. This is unfortunate, as studies show that nature is an important part of our health and well-being. If you're starved for the sounds, textures and moods of the great outdoors, bring the outdoors in! You can integrate the natural world into your living space with plants, raw and natural materials, and even art.

In the Woodwork

Wood can be a fantastic and high-impact design element. A solid piece of wooden furniture which shows the grain and has a natural finish can create a calm, grounded atmosphere. Wooden chairs, like wicker and bamboo, can do the same. Chunks of treated wood make for great floating bookshelves, and whole tree stumps can be used as seats and end tables. You can even turn slices of wood into custom-made coasters.

Functional Flora

Growing indoor herb gardens is a popular, functional way to incorporate plants into your home environment. There are a great number of herbs which thrive on small amounts of water and sunlight, like rosemary and chives. If you're not sure of your gardening skills, you can start with one hopeful herb on a windowsill. If you're ambitious, you can plant up to 16 herbs in a shoe organizer or try growing vegetables indoors.
HomeAdvisor's helpful guide to gardening breaks down the needs of individual herbs, vegetables and fruits. It's important to do your research and know before you buy, so you don't waste time cultivating a weepy indoor garden.

Succulent Art

Succulents and terrariums are a low-maintenance option, as they require minimal attention to thrive. For a big-impact project, you can use succulents to create a living picture or wall. Living pictures are collections of succulents fitted into picture frames and held in by hardwire cloth. If you take this on as a DIY project, you can choose coordinating colors and arrange them however you like.


Perhaps somewhere in your house, there's a Ziploc bag full of seashells or a box of unique rocks you've collected during your travels. Out in your yard, there's a beautifully twisted twig or a perfect bunch of baby pine cones. Every one of these items is an opportunity to bring nature into your home. Incorporate twigs, branches and seashells by placing them among books and picture frames. Place stones, rocks and sand in vases and pair with a freshly plucked wildflower.

Pictures as Places

Hanging nature prints and art can make your room design more cohesive. A print of never-ending redwoods will draw attention to your forest-themed accents. A vast picture of the ocean or the view from a mountain-top will make a confined space feel more open and inviting. Take your own pictures from favorite places and vacations and have them enlarged to hang throughout your house.

Sound Therapy

The noises within a home are rarely natural. Your microwave beeps, your laptop whirs, your coffee pot sighs and your refrigerator hums. Perhaps the only natural things you hear throughout the day are your children's laughter and the rush of water in the shower.
The sound of moving water can have a calming effect and even lower stress levels. Find a way to integrate a fountain or small waterfall into your home, particularly where you need it most. A fountain by your desk, where you pay your bills and rifle through your emails, can help you focus and better manage anxieties.
You can use as much or as little nature as you need, in your decor. You may only want one tall, elegant houseplant in the corner of your living room, or you may want your home office to feel entirely like a beach. Whichever your preference, bringing these natural elements into your home can turn it into the relaxing escape you need at the end of a long work day.

Guest post by Lauren White
Lauren White is a freelance writer who enjoys reading, hiking and traveling. She can usually be found on an outdoor adventure with her boyfriend and little sister on the weekends.

Tuesday, September 12, 2017

Weekly Market Activity Report For Week Ending September 2, 2017

Market trends have remained steady for the last couple of years, which has allowed
residential real estate to flourish in terms of sales activity and buyer demand. Even
when total sales are not measuring forward in year-over-year comparisons, it is
evident that the market is responding positively to wider economic indicators.
Higher prices, fewer days on market and lower months of supply are all usual
indicators of healthy activity.

In the Twin Cities region, for the week ending September 2:
 • New Listings decreased 2.3% to 1,306
 • Pending Sales decreased 4.3% to 1,145
 • Inventory decreased 16.5% to 12,852

For the month of July:
 • Median Sales Price increased 5.6% to $251,650
 • Days on Market decreased 16.4% to 46
 • Percent of Original List Price Received increased 0.8% to 99.1%
 • Months Supply of Homes For Sale decreased 16.1% to 2.6

Information Gathered From MAAR
Publish Date: September 11, 2017 • All comparisons are to 2016

Friday, September 8, 2017

What’s Happening this Weekend?

Wayzata is going to be a busy town! Tonight is the Wayzata Beach Bash. Tonight’s line up is Randy Houser, Eric Pasley and Hitchville. Tomorrow will have Big & Rich along with Chris Hawkey. The concerts benefit the Wayzata Lake Effect Boardwalk on the Bay. Tickets are still available with General Admin at $40 and VIP at $135. For more info click here:

The Beach Bash is just part of the larger James J Hill Days. Friday’s ‘Train’ has a carnival and the Rails & Ales Craft Beer Festival. Saturday and Sunday have a whole host of events including a coaster cart derby, street dance, climbing wall, parade and fireworks. For the whole list of events and times check out this website:

Thursday, September 7, 2017

7 Ways to Prep your Lawn and Garden for Fall!

agriculture, backyard, blur

Taking care of your lawn and garden in the fall simplifies your spring maintenance. Fall’s warm, dry soil and cooler air temperatures make it easier to work your garden and lawn. Turning dry soil and seedlings is less of an effort now than working with spring’s heavy mud. According to gardening expert Paul James, the ideal time to start your work is about six weeks before the first hard freeze.

1. Spruce It Up
Clean out the remains of old annuals, dried stems and other unsightly debris in flowerbeds. Getting rid of dead plants helps destroy harmful insects and helps prevent the spread of disease during the spring growing season. Remove dieback from perennials and cut their stems to within an inch or two of the ground. Consider mulching to prevent winter injuries.

2. Plant Bulbs
Fall is the ideal time to get tulips, daffodils, crocus and other bulbs into the ground when it’s cool but before it freezes. In the South, where you may not have a hard freeze, the Farmer’s Almanac suggests planting bulbs in early November. Loosen the soil first and add organic nutrients. Check a zone chart to see when and what to plant in your region.

3. Mow Low
Continue to water your lawn whenever it’s dry. Mow the lawn with the blade on its lowest setting to help the sun reach the crown of the grass.

4. Feed the Grass
Most grass is classified as either “cool season” for northern climates, or “warm season,” for southern regions. However, you may live in a transitional region that is home to both types. If you’re not sure what to feed your grass, call in a lawn-care expert like TruGreen® to make sure your lawn is getting the right mix of nutrients. You can also get a soil test, which helps determine the soil pH and nutrient levels and provides recommendations for fertilizing.

5. Enrich the Soil
Soil is a plant’s source of nutrients. Fall provides an abundant source to help improve the organic layer of your soil—leaves! Shredding them and spreading a 2"- 4" deep layer creates natural compost that will enrich the soil over the winter. You can also add grass clippings to the leaves.

6. Wipe Out Weeds
Fall is the best time to get rid of those pesky dandelions, clover, crabgrass and other weeds. Apply weed preventer in spray or granular form when the soil is moist and the air temperature is moderate. A layer of mulch also helps keep weeds to a minimum.

7. Rake and Dethatch
Early fall is a great time to rid your lawn of layers of plant debris. This allows your lawn to breathe by removing excess organic debris that can restrict water and airflow.


Wednesday, September 6, 2017

Weekly Market Activity Report For Week Ending August 26, 2017

Conversationally speaking, it has been a busy and exciting summer for residential
real estate. Much has been said about low supply, higher prices and speedy sales,
but the truth of the matter is that buyers are snatching up desirable homes no
matter the trends. Good transactions are occurring with smart lending practices.
Although more inventory would be useful, the market is finding a way to succeed.

In the Twin Cities region, for the week ending August 26:
 • New Listings increased 3.7% to 1,499
 • Pending Sales decreased 1.3% to 1,227
 • Inventory decreased 16.4% to 13,010

For the month of July:
 • Median Sales Price increased 5.6% to $251,650
 • Days on Market decreased 16.4% to 46
 • Percent of Original List Price Received increased 0.8% to 99.1%
 • Months Supply of Homes For Sale decreased 16.1% to 2.6

Information Gathered From MAAR
Publish Date: September 5, 2017 • All comparisons are to 2016