Smart Moves from Brace and Ryan
February 2015
Connect with Us
Like us on Facebook   View our profile on LinkedIn   Follow us on Twitter
 Brace Helgeson
Ryan Platzke

952-942-7777

cbb

What's Your Home Worth?
Local Market Updates  
Weekly Market Statistics  
Get the Skinny   
More Options 



Mortgage Information  
Get Pre-Approved
Contact Mark Sicora Today!
612-750-5508
msicora@bellbanks.com

Visit Mark's Website

Quick Links 

 

Visit Our Website

 

Property Search

 
Contact Us

 




Welcome to Fabulous February!

From plucking a sleepy ground hog out of his burrow to a celebration of love to birthdays of past presidents that provide us a day off work or school - February is a great month!

One real estate agent recently pulled market data on 750,000 homes across the country. Here is what he discovered about Winter listings:
  • They sell quicker: 46 days winter vs. 55 days summer
  • They have a better chance of selling: 59.2% winter vs. 53.1% summer
  • They sell closest to original price: a 2.7% drop from the final price in winter vs. a 5.2% drop from the final price in summer
This is the perfect time to list your home! With many homeowners waiting until Spring, you can cut down on the competition by listing now. You will have a solid pool of serious buyers who are motivated by interest rates that are still at an all time low.


We can help you with all your real estate needs. We would be happy to provide you with a free Real Estate Equity Analysis of your home that will provide the information you need to make a decision about selling. You will have a solid pool of serious buyers who are motivated by low interest rates.

 

 

Brace & Ryan


Annual Real Estate Investment Overview (AREIO)

Here's a question: when did you last review your real estate portfolio? Just like your stock portfolio or insurance policies, your real estate investment(s) should receive an annual review. This includes your personal residence too!

Markets change, properties age, interest rates move up and down - all these factors make it a good idea to sit down with me and review your real estate investments on an annual basis.   

 

Foreclosure rate in the Twin Cities tumbles
by Jim Buchta

There's another sign of stability in the housing market: Fewer people are falling behind on their mortgage payments. CoreLogic said the foreclosure rate in the Twin Cities metro during November 2014 was 0.51 percent, a decrease of 0.27 percentage points compared to November of 2013 when the rate was 0.78 percent. That's compared with a nationwide foreclosure rate of 1.48 percent during the same period.

Welcome home to this appealing two-story


1435 Hemlock Way
Chanhassen, MN
 
5 Beds - 5 Baths





Breathtaking views of Staring Lake from this hilltop setting


9169 Victoria Drive
Eden Prarire, MN

6 Beds - 4 Baths







By Jim Buchta

Here's another little something homebuyers should consider when considering the location, loction, location of their dream home. A pair of housing experts from Zillow.com said recently there's a correlation between your proximity to a Starbucks and your home value, and that your house is worth more if you're closer to Starbucks than to a Dunkin' Donuts shop.

In an excerpt from "Zillow Talk: The New Rules of Real Estate," Zillow CEO Spencer Rascoff and chief economist, Stan Humphries, say that a house that's within a quarter mile of a Starbucks would have sold, on average, for $137,000. A home that is not near a Starbucks would have sold, on average, for $102,000. Fast-forward 17 years to 2014. That average American home has now appreciated 65 percent, to $168,000. But the Starbucks-adjacent property has far outpaced that, appreciating 96 percent to $269,000 and slightly more than houses located near a Dunkin' Donuts shop.