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Showing posts with label housing market update. Show all posts
Showing posts with label housing market update. Show all posts
Saturday, August 3, 2019
Thursday, July 18, 2019
Friday, June 7, 2019
Wednesday, January 16, 2019
2019 Real Estate Predictions
Wondering about the current real estate and mortgage market and how it may affect your next move in the greater Twin Cities area?
Watch this 2018 Real Estate Recap!
Questions? Call today!
What are experts saying about 2019 real estate?
In short:- The market will remain tight in the entry level home price range
- Mortgage rates are currently flat but if the economy continue to improve, the rates will rise - not drastically but enough to impact affordability.
- Homeowners that are looking to upgrade can still sell their entry level home reasonably quickly and have a variety of larger homes to choose from.
- Seniors and retirees that are looking for one level living will continue to pay a premium as demand is high.
- Tiny homes are not as affordable as one would hope primarily due to the cost of land. The best alternative may be a trailer park (mobile home park) or possible a condo.
- Rents will continue to rise. Renters that have accumulated savings and plan to live in the area at least 3-5 years are in the best position to purchase.
Watch this 2018 Real Estate Recap!
Questions? Call today!
Thursday, February 23, 2017
February 2017 #TwinCities #RealEstate #MarketUpdate
Twin Cities Real Estate Market Report
Have you seen the February 2017 #TwinCities #RealEstate #MarketUpdate?(Hint - the media doesn't tell the whole story and this is just the tip of the iceberg!!)
See the full report with graphs here: http://www.callsarahfirst.com/2017/02/06/twin-cities-real-estate-market-report-for-february-2017/ and call me to find out how these stats and trends will affect your home purchase or sale.
Here is the summary:
- Inventory of homes for sale is at an all time low
- Entry level inventory is the lowest
- The median price is high (interet rates are low)
- The price per sq foot is NOT at 2006 levels yet
- Showings are up since 2012
- Buyers start their search on the internet
You might also like these articles:
twin-cities-houses.com - Virtual Home Tours
Home Selling Help
Real estate gimmicks
Tuesday, February 23, 2016
February 2016 Housing Trends eNewsletter
Welcome to the February 2016 Housing Trends eNewsletter
This eNewsletter is specially designed with national and local twin cities housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.Please click on this link to view the Housing Trends February 2015 Newsletter
The Numbers Are In: Yup, 2016 Is Off to a Good Start in Home Sales
We may be on the verge of spring, but housing and economic reports work on a bit of a lag time. We’ve only just gotten the major data reports for January, and it’s giving us a clear-eyed view of how the real estate market is measuring up this year. And yeah, things are looking good. The Housing Trends eNewsletter contains local and national real estate sales and price activity provided from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report.
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
View Newsletter Archives
Learn About Selling Your Home
Receive Local Quarterly Market Snapshot Reports
Search For a Twin Cities Home on CallSarahFirst.com
Thursday, December 31, 2015
December 2015 Housing Trends eNewsletter - Twin Cities
Welcome to the December Housing Trends eNewsletter
This eNewsletter is specially designed for you, with national and local twin cities housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.Please click on this link to view the Housing Trends December 2015 Newsletter
The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report.
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
View Newsletter Archives
Receive Local Quarterly Market Snapshot Reports
Search For a Twin Cities Home on CallSarahFirst.com
Friday, November 27, 2015
Did You See This Press Release?
2015 Best of St Paul in the REAL ESTATE AGENCY Category is:
Sarah Marrinan
An agent of Keller Williams Premier Realty and owner of Call Sarah First, Inc
Each year, the Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category.
These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the area a great place to live, work and play. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.
Tuesday, June 30, 2015
June 2015 Housing Trends eNewsletter - Twin Cities
Welcome to the June 2015 Twin Cities Housing Trends eNewsletter
Please click on this link to view the Housing Trends June 2015 Newsletter
(View Newsletter Archives)
The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.
Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.
If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report.
Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.
Check out these great commonly asked questions and contact me with questions!
BUYERS:
- What is the home buying process?
- Should I work with the Listing Agent (the ph# on the sign in the yard) to buy a house?
- Why are some houses showing available online but when I call they are sold?
- Search For a Twin Cities Home on CallSarahFirst.com
SELLERS:
- What questions should I ask when looking for an agent to sell my house?
- Are online house values accurate?
- How can I Sell Faster and For More Money?
- What is my house worth?
Monday, January 5, 2015
55014 and 55038 Median Sales Price History 2011-2014
Real Estate Sale Price History for 55014 and 55038
Are you considering buying or selling a home in the Lino Lakes, Hugo, Centerville or Circle Pines area? Know the market trends and how to interpret them is key to your successful real estate transaction!Check out this January 2015 Median Sale Price Data.
This graph illustrates all homes in these zip codes that are not on the water and previously owned.
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| 55014 and 55038: Previously Owned, Single-Family, Non-Waterfront |
This graph illustrates sale price data on all homes in these zip codes that are over $300,000 and over 2,501 finished sq feet not on the water and previously owned.
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| 55014 and 55038: Previously Owned, $300,000 or More, Single-Family, 2,501 sq ft or More, Non-Waterfront http://northstarmls.stats.10kresearch.com/infoserv/s-v1/tzkI-90z |
This graph illustrates all homes in these zip codes that are not on the water and NEW CONSTRUCTION.
Want more details about home value trends in your area? Average time is takes to sell a home? How much competition there is for buyers for your home? Contact me today!
Want to search for homes on your own? Visit www.CallSarahFirst.com
See MY LISTINGS here.
Monday, October 27, 2014
Hugo and Lino Lakes Market Report for October 2014
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| Hugo MN Real Estate Stats October 2014 |
HUGO, MN REAL ESTATE STATS
According to Trulia, the median sales price for homes in Hugo, MN for Jul 14, 2014 to Oct 14, 2014 was $183,603. This represents a decline of 3.4%, or $6,397, compared to the prior quarter and a decrease of 19.1% compared to the prior year.- Sales prices have appreciated 19.6% over the last 5 years in Hugo.
- The average listing price for Hugo homes for sale on Trulia was $302,115 for the week ending Oct 22, which represents an increase of 2.6%, or $7,568, compared to the prior week and an increase of 2.1%, or $6,218, compared to the week ending Oct 01.
- Average price per square foot for Hugo MN was $154, an increase of 6.9% compared to the same period last year.
LINO LAKES, MN REAL ESTATE STATS
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| Lino Lakes MN Real Estate Stats October 2014 |
- Sales prices have appreciated from $263,675 to $276,900 over the last 5 years in Hugo.
- The average price per square foot is similar to the pricing we saw in 2003.
- Average price per square foot for Lino Lakes, MN has maintained around $162 for the last year.
So what does the market FEEL like to an active local agent?
Prices have gotten a bit "soft" in the last few months and buyers seem less active; particularly in homes over $300k.Demand still feeling particularly high for entry level homes under $125k but these buyers aren't looking for an investment or remodeling project, they are looking for something liveable (and financeable).
The REALTOR association finally reported (on a national level) what I have been feeling locally for a few months: "price appreciation is slowing as foreclosures dry up and investors retreat"
and this is evident in the number from our local MLS.
- The "Months Supply" of inventory for 55038 and 55014, the indicator of Buyer's vs Seller's market, hit 5 months in August (we say the market tips in the buyer's favor at 3 months supply) so we definitely tipped back into the buyer's favor this fall.
- In 2013, these areas saw 815 home sales with a media price of $195,000. So far in 2014, we have seen 552 sales with a median price of $207,450.
- In 2013, we saw 24 homes sell over $500k. So far in 2014 we have seen 12 homes sell over $500k.
- In 2013, we saw 62 homes sell under $100k. So far in 2014 we have seen 11 homes sell under $100k.
- In 2013, we saw 15 homes sell over 4,000 sq ft at a media price of $483,150. So far in 2014 we have seen 8 homes sell over 4000 sq ft at a median price of $456,250.
- In 2013, homes listed between $350k and $450k sold in an average of 21 days. So far in 2014 homes listed between $350k and $450k sold in an average of 45 days.
So I ask: What is influencing your willingness to buy or sell a home in the coming months?
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| Click for Hugo or Lino Lakes Home Values |
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| Search for Homes in Hugo or Lino Lakes |
Looking for a home in Hugo or Lino Lakes?
Sunday, September 28, 2014
Twin Cities Real Estate Market Forecast - Fall 2014
September historically starts the fall season with good sales and activity. We think it should be so again this year. The Parade of Homes has had good traffic indicating there are still plenty of people thinking of moving. Political and world affairs may give pause for some, but a very attractive local economic picture should give comfort to homeowners and buyers alike. Interest rates will remain fairly stable.
For some reason, more people like to move in fair weather than cold weather. If you are one, we think you should be in full selling or buying mode. The process takes about two to four months from start to finish to complete itself. The real estate market this year, and going forward as far as we can see, is solid.
Low interest rates increase buying power. Interest rates are holding steady at 4 percent for a 30-year loan and close to 3 percent for a 15-year mortgage. How long can rates stay this low?
Home values this year have bounced around a little, with fairly strong increases in new construction leading the way. Existing home values for the most part are flat for the year; some are slightly higher in the lower brackets, and some are are actually lower in the mid-upper brackets.
We think this is as good an opportunity for buyers as we have seen during any other time in the past 50 years. A combination of low mortgage rates and lower prices is a winning ticket for most.
We also believe opportunities like this won’t last forever. If you are thinking about a new home, this is a great opportunity and I invite you to call me for a visit.
Tuesday, September 9, 2014
Tuesday, July 8, 2014
Monday, July 7, 2014
Where is the best housing market? Ramsey, Anoka or Washington County?
How is the Housing Market?
If you are watching the news, you get regional housing stats and those numbers are very general. Since we know real estate is very localized, we need to break it down further so let's break it down by county here using Ramsey, Anoka or Washington County in Minnesota.These stats and graphs are still going to be a very broad overview since each city and neighborhood have their own unique statistic and the market is changing daily however this will give you an idea about how the market varies.
When you are ready to move, call me to get the full local story.
Housing Inventory Levels
Current Ramsey, Anoka or Washington County Compared to the Twin Cities Region
Average Percent of Sale Price Received
Ramsey, Anoka or Washington County % of List Price Received Compared to the Twin Cities Region
Average Days on Market
Amount of time that homes in Ramsey, Anoka or Washington County sit on the market
Average Price per Square Foot
Comparing Ramsey, Anoka or Washington County and the Twin Cities Region
What do these numbers mean for the local housing market in the Twin Cities? What are industry experts predicting? Contact me today and get the full story!
Make educated decisions!
Wednesday, July 2, 2014
[All Things Home Twin Cities] Gas Prices, Donate Your Stuff, Chemical Free Cleaning, Single Buyer Advice AND MORE!
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