Reprint from Elk River Star News & Anoka County Shopper, "Real Estate News by Stephanie Danielson" - 9/3/16 issue
2016 is shaping up to be the best in a decade for home sales, as houses are selling at the fastest pace since 2007. This news is encouraging, but that doesn’t mean that buying a home is easy.
This boom market has been a true challenge for buyers. In June, the #1 obstacle to buying a home, as reported by 40% of buyers on realtor.com, was finding a home that met their needs. In fact, compared to last summer, there are 13% more serious buyers, yet there are 5% fewer homes for sale.
The low inventory levels have created a very strong seller’s market, where home prices are appreciating rapidly and selling at record speed.
It is anticipated that the summer’s strong buyer traffic and sales will extend well into the fall months, as buyers try to secure a home before the end of the year.
If you are thinking of selling your home, list it for sale today and take advantage of this strong seller's market!
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Acuity Group Real Estate Professionals
564 Dodge Ave Suite A - Elk River MN 55330
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OUR SPECIALTIES: Residential & Commercial Seller and Buyer Services, Property Management & Residential Rentals, Residential and Commercial Investment Property Specialists, Listing & Marketing Specialists, CDPE (Certified Distressed Property Experts), Short Sale Specialists, REO/Bank Owned Sales. Golf course properties, water front properties, acreage & hobby farms, vacant land, condos & townhomes, industrial/manufacturing/retail properties, association maintained properties, senior housing, luxury homes, vacation & secondary housing.
Serving the following Minneapolis Cities & Suburbs: Elk River MN, Zimmerman MN, Big Lake MN, Rogers MN, Otsego MN, St. Michael MN, Albertville MN, Princeton MN, Ramsey MN, Anoka MN, Nowthen MN, Monticello MN, Oak Grove MN, Burns Township MN, Champlin MN, Dayton MN, Hassen Township MN, Hanover MN, Coon Rapids MN, Blaine MN, Fridley MN, St. Francis MN, Livonia Township, Andover MN, Becker MN, Baldwin Township, Orrock Township, Plymouth MN, Maple Grove MN, Osseo MN.
Serving the following Minnesota Counties: Sherburne, Anoka, Wright, Hennepin and portions of Isanti County