June 2012
  

 

 

 

In This Issue
Home Prices: It's About Supply & Demand
9 ways to cut summer energy costs

  

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 "Kristi was able to sell our long time family home quickly and for our asking price.  Kristi always kept us informed and  was very professional as she guided us through the sale.  We felt that the quality of service was excellent and would highly recommend her services to other buyers/sellers." 

 

  Thanks again,

Barbara & Don Shelby

   

 

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Welcome!

          

In Minnesota summer starts right after Memorial Day. The signs of summer slowly start to pop up, from backyard barbeques to planning that vacation getaway. As the days get longer, there comes more opportunities for summer fun and families begin to enjoy what summer has to offer.

 

Summer is also the perfect time to explore the great opportunities available in the real estate market. If you or someone you know are thinking of buying or selling, give me a call.

 

Kristi

Coldwell Banker Burnet  

612-309-8332

kdweinstock@cbburnet.com 

www.KristiWeinstock.com 

 

Home Prices: It's About Supply & Demand

by The KCM Crew

 

The real estate market continues to heat up as we head into the summer. Will this increase in demand equate to an increase in home prices? That depends. Remember, the price of any item is determined by the supply of and demand for that item at any point in time. Let's look at the facts as reported by the National Association of Realtors (NAR) in this month's Existing Home Sales Report:

  • Demand has strengthened, showing a 10% increase over the same month last year.
  • The supply of homes for sale is down 20.6% from the same time last year.

Because supply is down and demand is up, many believe prices should begin to increase as we finish out 2012 and head into 2013.

 

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9 ways to cut summer energy costs

By Kimberly Palmer of U.S. News & World Report

 

Cool can be costly

With energy costs on the rise, this summer could be sweaty - and expensive. But there are some easy ways to trim your cooling costs without suffering through 90-degree evenings, sans air conditioning. In fact, if you start preparing for the coming heat wave now, you can probably save a few hundred dollars. You'll also be doing the environment a favor, since the Energy Department estimates that half of a household's overall energy usage goes toward heating and cooling costs.

 

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