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July 2013   

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In This Issue
The Thing
House Sale Price: List It Right from the Beginning
Twin Cities housing market now in sellers' favor
Happy Home Anniversary

                                              

 

  It is always my pleasure doing business with YOU!   

                       

Rene M - 2 years
Craig R -  1 year
Mary & Steve T - 1 year
What's Jazzi Up To?

                                              

Jazzi cooling off in her pool  

Jazzi cooling off in her pool!
Coming Soon!
1891 Bayard Avenue
Saint Paul
 1891 exterior front

  
  
the thing

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Ahhh...Summer...at last!
  
What a delight to relax, unwind and rejuvenate our spirits. Who appreciates Summer more than us?
 
Still, (and I don't mean to tip your hammock), if you've a yen to sell your home, you might want to take advantage of the low inventory and rising prices and List NOW.

You COULD sell, close and have some Summer left to savor!
 
Give me a call - I'd love to help.

 

 Warm Regards,

     Signature Nancy

Your Local Real Estate Reports

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happening in your local market today!

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In The News

by Ken H. Johnson  

 

Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property every day. At present, there does not seem to be a consensus answer to this question within the professional real estate community. Fortunately, this question was scientifically investigated by John R. Knight. Unfortunately, few know the results of Professor Knight's research.

 

In Knight, the impact of changing a property's listing price is investigated. Additionally, the types of property that are most likely to experience a price change are also estimated. The findings from this research indicate that, on average, properties which experience a listing price change take longer to sell and suffer a price discount greater than similar properties. Furthermore, bigger price changes are found to experience even longer marketing times and greater price discounts. Finally, as for which properties are most likely to experience a price change, Knight finds that the greater the initial markup; the higher the likelihood that any given property will experience a listing price change.

 

Click Here To Read More   

June Closings
 

 

 

12192 85th Place, Maple Grove - Listing Sold

 3944 143rd Street W , Rosemount - Listing Sold

 15121 Cimarron Way, Rosemount - Listing Sold

 1053 Linwood Ave, St. Paul - Buyer sale

 678 Pascal Street, St. Paul  - Buyer sale

   

  
                           
Congratulations to:
  
Mary D., Mike & Marcia D., Merrill & Denise A., and BCR Properties.  It was my pleasure to be your advocate through the marketing/sale of your homes and for the opportunity to assist in the adventure of the purchase of your new homes. Enjoy the summer!
  
Featured Properties 
2253 Geneva Ave N, Oakdale, MN - New Listing! 
 

Charming 1.5 story stucco home nestled on 1.2 acres features an updated kitchen, natural woodwork, hardwood floors, AC, finished lower level walk-out, 3-season porch overlooking private back yard & wetlands where you can enjoy the wildlife.

 
899 Lawnview Ave, Shoreview, MN - New Listing! 

new exterior fron 899 Lawnview  

This sun-filled North Shoreview quad home features an open floor plan, finished lower level, 2 fireplaces, large deck, new carpet, fresh paint, tiled floors, close to park, nature trails and Turtle Lake Elementary area. Convenient freeway access.

 

 
287 Lexington Pkwy S St Paul, MN
 287 summer   
  

Upscale, highest quality interior with beautiful finishes. Perfect for the buyers who want carefree living in the heart of the city. So many extras.

 

Did You Know?
Twin Cities housing market now in sellers' favor 
By Jim Buchta
 
Pending home sales rose in May to the highest level in eight years.

The housing recovery hit another milestone last month, with pending sales in the Twin Cities rising to their highest level in eight years. 

Such a jump offers more
evidence that the market is tilting in favor of sellers, who are commanding a higher percentage of their asking prices and selling their homes more quickly than last year. Increasing prices are also encouraging more sellers to test the market - new listings jumped 26 percent last month.

"These favorable market conditions for sellers will invite more new listings as summer rolls on," said Kate Beckman, president of the St. Paul Area Association of Realtors and branch vice president for Coldwell Banker Burnet.


Click Here To Read More    

 

Nancy Maas

Coldwell Banker Burnet

821 Grand Avenue

St Paul MN  55105

651-235-8581

NancyMaas@CBBurnet.com

www.NancyKMaas.com

 

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