Wade's Blog

Wow, what a difference 24 months makes!  When comparing 2011 to 2013, the buyers have flooded Woodbury’s Housing Market and completely flipped the market from a buyers market to a sellers market.   In April of 2011 there were 530 homes on the market, as of today there are only 288.  That’s a 50% ...

Although the weather isn’t heating up in the Twin Cities, the housing market certainly is!  So what's fueling the ongoing market recovery? First, tightened inventory levels combined with strong demand are fueling price gains in many areas. Second, consumer demand is shifting from distressed prope...

Wade is a member of the prestigious Institute for Luxury Home Marketing and has 14 years of experience in the top 10% of the market. Recognized as the mark of accomplishment in luxury markets around the world and the official luxury designation of many national and international brands, the Certi...

The Woodbury new construction market is HOT right now.  Sellers are losing buyers to the “shiny new product” on the market.  So how do you compete? First, you can compete with the price. New construction typically is much higher in price per square foot. Price your home at fair market value and d...

The Stonemill Farms community in Woodbury has everything you could look for in a home and a family friendly neighborhood. Not just homes, but a real hometown with award-winning schools, pools, parks, trails and shopping, all making it the perfect place to raise a family. Stonemill Farms is built ...

According to the media, the housing market is back right?  Not so fast, while 2012 was a tremendous improvement from previous years we have a long way to go before we can call the housing market “stable” again.  Maybe the best news is inventory is currently down 30% and the current months supply ...

Many people assume that most housing sales occur during the spring and summer months, but that’s not the case. In fact, according data from the National Association of Realtors, dating back to 2000, the winter and fall months are the months with the most home sales. Spring and summer may seem lik...

Marketing luxury properties is all about identifying the key characteristics that make a home unique, finding the home's story, and telling that story to the right prospects. Most agents take the cookie-cutter mass marketing approach with a luxury property.  This is very ineffective and a waste o...

What is the starting price for a luxury home in your market?   WH – Compared to the West Metro, I think the East Metro is a bit more affordable when it comes to “luxury”. I would consider a home priced over $500,000 to be high-end in this area.   How would you describe the pulse of the luxury mar...