Reprint from Elk River Star News & Anoka County Shopper, "Real Estate News by Stephanie Danielson" 1/21/17 issue
A new year is under way and many homeowners will be deciding if this is the year that they will sell and move to either a larger or smaller home. Many sellers will make a decision to wait until the spring’s “buyer’s market” to list their home for sale. In the past this decision made sense. However, the winter of 2017 will not be like recent years.
The recent jump in mortgage rates has motivated many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW! At the same time, inventory levels of homes for sale have dropped dramatically compared to this time last year. In fact, there are 9% fewer homes on the market compared to this time last year.
Bottom line: Demand for your home is extremely strong right now, while available inventory is exceptionally low, meaning less competition for you! If you are thinking of selling in 2017, now may be the time to list your home for sale and yield top dollar!
If you are thinking of buying, selling, renting your home, or leasing real estate this year we’d love to hear from you! Working with experienced professionals can boost your profits!
Selling Your Home? Click HERE to Schedule a Free Market Analysis
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, 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 Mille Lacs and Isanti Counties