We are so excited about 2 new listings that we are bringing on market. One was listed last night - 7265 Hillsdale Court. A wonderful, turnkey home on one of the best lots in Longacres! The sellers were surprised with twins 8 months ago so have out-grown their home and just put it on the market with us. Check out our website for more details, virtual tours and photos - it is beautiful and at a great price point for the neighborhood which averages in the $600's. We'll host an Open House this Sunday from 1:00 - 4:00 (unless we are buried under 2 feet of snow).
We're listing another home on March 5th that is also on a premium, wooded, cul-de-sac lot with pond views. We're going on market at $669,900 and it is absolutely beautiful - upgraded with custom finishes throughout.
In spite of the wintry weather and impending snowstorm (as I'm writing this the wind is howling off the lake), we are definitely in spring market in the real estate world - and it looks like it's going to be a great year!
Friday, February 23, 2007
Thursday, February 22, 2007
Market Analysis from the Minneapolis Area Association of Realtors
As the Twin Cities housing market inches closer to the active spring season, seller activity is not matching the white-hot records of 2006 but still remains ahead of previous years in this decade. New listings for the week ending February 10 were 7 percent behind the same time in 2006. New construction comprises 14 percent of this new inventory and will account for a lower market share in the coming months as existing homes are placed on the market more heavily in the peak spring and summer buying seasons.
Buyer activity remains relatively quiet but anecdotal comments from brokers and agents indicate that buyers are out looking earlier this year. That said, pending sales for the week ending February 10 were 11 percent behind the same time in 2006 and 22 percent behind the same time in 2005. Temperatures in the Twin Cities were unreasonably frigid for that week—an average of 10 degrees below historical norms—and may have helped to depress buyer activity further than market conditions alone would have. Historically low interest rates are still combining with flat home prices to improve affordability and draw buyers back into the fold.
Buyer activity remains relatively quiet but anecdotal comments from brokers and agents indicate that buyers are out looking earlier this year. That said, pending sales for the week ending February 10 were 11 percent behind the same time in 2006 and 22 percent behind the same time in 2005. Temperatures in the Twin Cities were unreasonably frigid for that week—an average of 10 degrees below historical norms—and may have helped to depress buyer activity further than market conditions alone would have. Historically low interest rates are still combining with flat home prices to improve affordability and draw buyers back into the fold.
Monday, February 19, 2007
Welcome to our First Blog
We love the web and all it has to offer - and as part of our 2007 Business Plan, we are creating a blog to serve our clients, friends and soon-to-be clients! This blog is going to be all about Real Estate - we serve the Distinctive Homes market in Minneapolis and the West Metro - and are specialists in Lake Minnetonka and it's surrounding areas.
We live on Cook's Bay on Lake Minnetonka and love everything the lake has to offer our family. Each season brings new views and landscapes as well as different outdoor activities - obviously! And this peaceful setting creates a retreat where we can unwind and relax after our whirlwind days of buying and selling homes.
Ever hear the phrase - "Do what you love, never work another day in your life?" That is us - we love what we do and it shows - 100% satisfied clients!
Keep this page bookmarked! We have a new listing coming up in the demand Longacres neighborhood of Chanhassen! This 4 Bedroom/4 Bathroom home is totally turnkey, beautifully finished and situated on a wooded, cul-de-sac lot. The lower level has just been finished and it just rocks! The best part is the price of $519,000! It's hard to get in Longacres for under $550,000 so if you're interested in a private showing, call quickly - this is sure to sell fast! Best way to reach me is at 952.470.2578.
We live on Cook's Bay on Lake Minnetonka and love everything the lake has to offer our family. Each season brings new views and landscapes as well as different outdoor activities - obviously! And this peaceful setting creates a retreat where we can unwind and relax after our whirlwind days of buying and selling homes.
Ever hear the phrase - "Do what you love, never work another day in your life?" That is us - we love what we do and it shows - 100% satisfied clients!
Keep this page bookmarked! We have a new listing coming up in the demand Longacres neighborhood of Chanhassen! This 4 Bedroom/4 Bathroom home is totally turnkey, beautifully finished and situated on a wooded, cul-de-sac lot. The lower level has just been finished and it just rocks! The best part is the price of $519,000! It's hard to get in Longacres for under $550,000 so if you're interested in a private showing, call quickly - this is sure to sell fast! Best way to reach me is at 952.470.2578.
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