Merry Christmas, Happy Holidays!!! Thanksgiving has come and gone already!!! Time passes so quickly! My hope for you all is that you were able to relax a bit and enjoy those you love the most! The Rush of Holiday shopping is in full swing! Make sure to enjoy your loved ones so that when the holidays are over you are able to look back and smile with lots of GREAT Memories that will last a lifetime :) I am having a CONTEST this month (December 2016)! I am asking that you log onto Zillo...
But my Zillow Zestimate said...
Zillow's own CEO Spensor Rascoff's home sold for 40% less than his Zillow Zestimate reported!!!
Zestimates aren't an exact science. Zillow boasts a 7.9% error rate~ BUT, their own CEO's house sold for 40% less than it's own zestimate. There are factors that a zestimate (computer program) does not consider...
1) Where is the home situated? Is it on a busy street? private neighborhood?
2) What is the shape and usability of the lot? Where is the house s...Get the Skinny on Real Estate Trends in Your Area! May 2016
The numbers for April have been gathered and crunched... There will be no shockers in the data.
The Real Estate Market in April 2016 showed the following when compared to April 2015...
1) The number of homes for sale was down 19.4%
2) The median home price was up 7.7%
3) Sellers are getting 98% of list price. Some more than list and some are selling in multiple offers
4) Pending Sales were up 1.6%
5) Closed Sales were also up 6.1...How to Compete in a Multiple Offer Situation in Our Current Real Estate Market!
When 2015 ended, the number of homes left on the market was low! Dependng on the article you read, there were 2.1 to 3 months 2) were of homes left for sale. What does this mean? In a Healthy Market, there are 5-6 months worth of homes for sale... Having 2-3 months of home for sale, make the MN Real Estate Market a Seller's Market.
If you are a Buyer in the market right now, chances are you will most likely end up...
