Keller Williams Realty Integrity NW Ryan Hardin Properties

Keller Williams Realty Integrity NW Ryan Hardin Properties
"Make Your Next Move, The Right Move!"

Thursday, April 14, 2016

This Month in Real Estate - April 2016

This Month in Real Estate
 
April 2016 Market Update
Monthly VideoHome sales contracted slightly in February as buyers faced a tight inventory along with a slight uptick in mortgage rates. Rising home prices, along with the risk of mortgage rate hikes, could indicate that buyers might feel the pressure to enter the market sooner rather than later.
 
Interest Rates
 

Interest Rates

Interest rates rose slightly from last month, but remain flat when compared to February of last year. As rates threaten to creep up further, buyer affordability could potentially weaken. However, the risk of rising interest rates could spur new buyers to enter the market in the coming months to take advantage of historically low mortgage rates.
 
Home Sales
 
Home Sales

The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of 5.1 million homes for the month of February. This was a decrease of 7.1 percent from January, but an increase of 2.2 percent from February of last year. Currently, 2016 is outpacing 2015 by approximately 650,000 total home sales.
 
Home Price
 
Home Price

The median home price was $210,800 in February, which was down 1.4 percent from January but up 4.4 percent from last year. The median home price has grown by nearly $9,000 in the past year alone.
 
Inventory
 
Inventory

There was a 4.4-month supply of housing inventory in February, up from 4 months in January. The total number of homes for sale in February increased by 3.3 percent to 1.88 million homes nationwide, but that was still 20,000 fewer listings than February of last year.
 
Real Expert. Real Neighbor. Real Estate.
 
Brought to you by KW Research. For additional graphs and details, please see the This Month in Real Estate PowerPoint Report.The opinions expressed in This Month in Real Estate are intended to supplement opinions on real estate expressed by local and national media, local real estate agents and other expert sources. You should not treat any opinion expressed on This Month in Real Estate as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Keller Williams Realty, Inc., does not guarantee and is not responsible for the accuracy or completeness of information, and provides said information without warranties of any kind. All information presented herein is intended and should be used for educational purposes only. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. All investments involve some degree of risk. Keller Williams Realty, Inc., will not be liable for any loss or damage caused by your reliance on information contained in This Month in Real Estate.
 
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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW

BROKER/REALTOR
763.441.2248
612.860.6177

Call or email Ryan Today for all your real estate needs!
Click here to download my mobile app!
ryanhardin@kw.com
www.ryanhardinproperties.com
Copyright 2015 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated.

Showcase Properties


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0 County Road D E
Maplewood, MN 55109
Beds: 0 Baths: 0
Price: $34,900
9xxx US Highway 10
Elk River, MN 55330
Beds: 0 Baths: 0
Price: $1,049,999
9349 Highway 10 NW
Ramsey, MN 55303
Beds: 0 Baths: 0
Price: $1,095,000
Connect with me on:
Keller Williams Realty Integrity NW | 16201 90th St NE, Suite 100 | Otsego | MN | 55330
 

Wednesday, April 6, 2016

Thinking about buying or selling your home, work with an SRES®

A Seniors Real Estate Specialist® (SRES®) is a REALTOR® who is uniquely qualified to assist seniors in housing sales and purchases. The SRES® designation is awarded only to REALTORS® who have successfully completed a series of educational courses on how to help seniors and their families with later-in-life real estate transactions. They also draw upon the expertise of a network of senior specialists, such as estate planners, CPAs, and eldercare lawyers, and are familiar with local community resources and services. Their mission is to help seniors and their families navigate the maze of financial, legal and emotional issues that accompany the sale of the home.

SOLD Just Listed 3801 Stinson Blvd, St Anthony

3801 Stinson Blvd, St Anthony
For Sale | 3801 Stinson Blvd | KW Commercial Northwest | Featured Listing
RETAIL // SALE
3801 STINSON BLVD, ST ANTHONY
3801 STINSON BLVD // MINNEAPOLIS, MN 55421

Price: $249,900
Building Size: 3,348 SF
Lot Size: 0.65 acres
Year Built: 2000
Zoning: PUD
 
 

Highlights & Location

»
3,348 Sq .Ft.
»
110' Tunnel Style Bay
»
Heated Exit & Entry Slabs
»
Radiant Heat
»
Great Location!
 
 

Demographics

1 Mile 3 Miles 5 Miles
Estimated Total Population 14,398 109,607 281,255
Estimated Total Number of Households 6,517 47,102 115,667
Estimated Average Household Income $70,636 $65,197 $62,906
 
 

Additional Photos


For more information contact:
RYAN HARDIN // Broker
(O) 612.860.6177 // (F) 763.441.4699 // ryanhardin@kw.com

Information deemed reliable but not guaranteed. Each office is independent owned and operated.
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