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Posts Tagged ‘kate walsh’

Weekly Real Estate Update
February 3, 2014

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Optimistic housing start stats encourage rumors that 2014 should be another year of recovering. Activity may not be volatile enough to garner bold headlines, which suits residential real estate markets just fine. The steady-as-she-goes pace and quietly consistent good news should bring out a few more previously underwater sellers to list their homes. Keep an eye out for fresh inventory and keen interest from hungry buyers.

In the Twin Cities region, for the week ending January 25:

• New Listings decreased 11.9% to 914
• Pending Sales decreased 13.0% to 663
• Inventory decreased 8.6% to 12,050

For the month of December:

• Median Sales Price increased 13.1% to $190,000
• Days on Market decreased 20.4% to 86
• Percent of Original List Price Received increased 1.0% to 94.7%
• Months Supply of Inventory decreased 15.6% to 2.7

As reported by the Minneapolis Area Association of Realtors

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It seems many people are thinking of remodeling or adding on to their homes rather than moving given the real estate market we’ve had these past several years. If you’re one of these homeowners, here’s information on the Top 10 Remodeling Don’ts. A remodeling project is very often stressful. These tips may help reduce your stress levels and keep you on budget!
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And if remodeling simply won’t meet your needs, give us a call. We’ll be happy to help you make your next move.

Ellen and Kate Walsh
612.220.3304
Coldwell Banker Burnet

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Weekly Real Estate Update
January 27, 2014

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Some say the big story of 2014 will be higher interest rates, some say it will be more inventory while others say it will be less foreclosure activity. The truth is likely to be an amalgamation of all of the above. The year 2013 was marked by variable but steady job growth, a good leading indicator of market activity. While consumers may be uneasy about higher rates, economic improvements can potentially offset any negative impact on affordability. The seasoned agent will recall a time when plenty of consumers were vying for properties when rates were double and triple what they are now.

In the Twin Cities region, for the week ending January 18:

• New Listings decreased 8.3% to 989
• Pending Sales decreased 24.8% to 591
• Inventory decreased 9.5% to 11,918

For the month of December:

• Median Sales Price increased 13.1% to $190,050

• Days on Market decreased 20.4% to 86
• Percent of Original List Price Received increased 1.0% to 94.7%
• Months Supply of Inventory decreased 15.6% to 2.7
As reported by the Minneapolis Area Association of Realtors

Interested in buying or selling real estate?

Contact the Walsh Sisters. We’d love to help you make your next move.

Ellen and Kate Walsh
612-220-3304
emwalsh@cbburnet.com

Coldwell Banker Burnet

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Considering downsizing? Call us. We’d love to help you make your next move.

Ellen and Kate Walsh
612.220.3304
Coldwell Banker Burnet

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Weekly Real Estate Update
September 16, 2013

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A pendulum spends little time in the middle. It tends to over swing center and hang out at the extreme before changing directions. Apply that to housing. Two or three years ago, almost no one would have foreshadowed concern over affordability, yet that’s what some are cautioning against in an environment of rising prices and interest rates. It would take further increases to truly rattle confidence and sentiment, but it’s wise to monitor the market recovery’s dual-edged saber.

In the Twin Cities region, for the week ending September 7:

• New Listings increased 18.6% to 1,511
• Pending Sales decreased 4.5% to 857
• Inventory decreased 8.9% to 15,891

For the month of August:

• Median Sales Price increased 16.9% to $207,900
• Days on Market decreased 34.0% to 70
• Percent of Original List Price Received increased 2.0% to 97.0%
• Months Supply of Inventory decreased 18.2% to 3.6

As reported by the Minneapolis Area Association of Realtors

Interested in buying or selling real estate?

Contact the Walsh Sisters. We’d love to help you make your next move.

Ellen and Kate Walsh
612-220-3304
emwalsh@cbburnet.com

Coldwell Banker Burnet

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Magnolia Cottage

I saw this sign on the front of a house during one of my travels. It was a charming house. A white brick exterior with black wood shutters, window boxes and front door. The shutters featured a black iron curlicue along the bottom, detailing that stood out against the white background.

Magnolia Cottage Window

A white picket fence wrapped around the house, and the gate opened onto a gently curving flagstone walking path that led to the front door.  A mix of green shrubbery sat along the foundation of the house. Everything was neat and tidy and appealing.

Magnolia Cottage Ext

Many of the homes on Captiva Island have names. I always take pleasure in reading what people have chosen to name their homes. Unfortunately, you rarely see a lot of the homes on Captiva due to the long driveways and tremendous tropical growth. The homes are well hidden from the road.

The signs are all on the road. Each one is individually created. I often wonder what the homes are like, and what the owners are like. Does the sign personality mirror the house and occupants?  Does the name say something about one occupant and the artwork about another? Who came up with the name? Do owners who buy these named homes keep the names or create a new one or pull the sign up out of the ground and go without? One thing I know. Of the homes that had been named and could be seen, all were well-kept and maintained. It makes me think there is something in a name: a sense of pride, a little more love, an embracing of home as part of the family.

Have you named your home? I’d love to hear the name and what it means to you. In the meantime, I’m going to think about a name for my own home. Stay tuned.

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Weekly Real Estate Update
June 17, 2013

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Sellers are finally starting to catch up with strong buyer demand, but at the rate that homes are being snatched up, the influx of new listings will need to be more than a short-term addition. Rising home prices, fewer days on market and more homes being sold all support a positive public opinion about real estate. The following local stats shed more light on the current market.

In the Twin Cities region, for the week ending June 8:

• New Listings increased 23.2% to 1,951
• Pending Sales increased 12.0% to 1,329
• Inventory decreased 21.7% to 14,569

For the month of May:

• Median Sales Price increased 14.8% to $194,000
• Days on Market decreased 29.8% to 87
• Percent of Original List Price Received increased 2.5% to 97.0%
• Months Supply of Inventory decreased 30.6% to 3.4

As reported by the Minneapolis Area Association of Realtors

Interested in buying or selling real estate?

Contact the Walsh Sisters. We’d love to help you make your next move.

Ellen and Kate Walsh
612-220-3304
emwalsh@cbburnet.com

Coldwell Banker Burnet

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