April 2010 Twin Cities Real Estate Market Video Update—Market Showing More Signs of Improvement!
The Minneapolis Area Association of REALTORS® released the April monthly skinny video earlier this week. From the information provided it appears that the expiring tax credit and spring weather did impact buyers in the Twin Cities market. Over 5000 purchase agreements were written and accepted during the last month. And the sellers on the receiving end of those purchase agreements were mostly traditional sellers and short sale properties. There was a 76% increase in short sale purchase agreements and a 55% increase in traditional seller purchase agreements. Prices seem to be gravitating toward list price again too with sellers in the Minneapolis/St. Paul area getting an average of 94% of list prices. It's not all rosy news however so check out the video...Get a chance to see some cool photos of the new Target Field too!
Looking for home sales statistics on a specific community? Check out this link to see snapshots and detailed reports on 20 different north metro communities including Ham Lake, Blaine, Forest Lake and White Bear Lake:
If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet , Homebuyers Success Packet or sign up for Listingbook Twin Cities Home Search. I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
As a Realtor with ReMax Specialists, Teri's has worked with clients in the Twin Cities metro area over a decade. Selected as a Super Agent by Mpls/St. Paul Magazine and Twin Cities Business Monthly multiple times, her extensive sales and marketing background has allowed her to assist hundreds of clients move from across town and across the U. S. Find additional information on Teri and the Twin Cities metro real estate market and order a FREE relocation package at http://www.terieckholm.com
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acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.
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