Bay Lake (Aitkin, MN)
By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
      If everyone had the ability to sell their existing home or the financial resources to make the purchases, there are many great homes on the market at exceptional prices in the Brainerd Lakes area of Minnesota.  For every home that sells in the Brainerd Lakes area of Minnesota, 15 properties remain on the market. The median sales price of a home in the Brainerd Lakes area dropped 9 percent and is now at $154,425 according to the Greater Lakes Association of Realtors. The Brainerd housing market is lagging behind the Minneapolis-St. Paul-Bloomington market, which was recently ranked the top healthiest market in the nation.  The Brainerd housing market is moving on a slow, steady road to recovery as the number of homes for sale decreased and closed home sales increased. Closed home s...
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
       Real Estate websites such as: Trulia.com, Zillow.com, and REALTOR.com, are fun to explore sites with a wealth of information at your fingertips but it may not necessarily be accurate and is certainly not timely. When the prospective homebuyer searches those sites, the information they are viewing on the site has a time lag from postings and changes in our Multiple Listing Services  (MLS)  The information that you are able to access is just general in nature and any important documentation such as disclosures are not available. A home with a leaky roof and interior damage may not seem like such a good deal once you find out that information. In addition, if the home you are looking at is priced at or below market, it may already have an accepted offer and be pending. I get a lot ...
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
Foreclosure numbers for 2010 in lakes area counties represent a staggering sum. "The No.1 driver for foreclosure in the state of Minnesota is unemployment and underemployment," said Ed Nelson, marketing and communication manager with St. Paul-based Minnesota Home Ownership Center. "Until we start seeing our unemployment rate drop and stay dropped, we're going to see elevated numbers of foreclosures." In 2010, there were 71,556 pre-foreclosure notices sent to Minnesota families. While not all the foreclosures represent a homestead lost, since reports indicate a rise in second-home foreclosures, the majority are serving as primary homes. In a Seminar at the Greater Lakes Association of Realtors on January 28,2011, Nelson presented a preview of preliminary foreclosure numbers. These initia...
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
This is Christmas Day and by now most of you will have already opened your gifts and had some good things to eat! This is perhaps the most celebrated holiday in the entire world. Gift giving is core to the message of Christmas." For unto this world a child was born", a gift for all mankind who believe. Jesus gave the best gift of all- the sacrifice of a sinless life-heaped with the sins of mankind. None of use could give a gift like this-"for all have sinned and come short of the Glory of God". But we can share this gift and tell others about it for it is the"good news' that the shepherds heard sung by angels. This Christ is the only son of the living God- always was and always will be. The gift is there for those who seek it  - wise men did.                                       Why no...
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
 Do you mean it-are you serious about buying a home? Do you really want to take advantage of record breaking historically low interest rates, low home prices and a huge inventory? If you answered YES to any of the above questions:  do it now-  what are you waiting for? Here in Central Minnesota the holidays are fast approaching, the snow is flying and rates are slowly beginning to rise. We have houses priced to sell and move in ready, fixer-uppers and luxury lake homes. Your home search will find you just what you want for Christmas.  Better yet- let me be your personal shopper, while you are busy getting ready for the holidays and family. There may not be time to move into your new home before the New Year- but you will certainly make it before the next.   You rest, I will search and b...
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
      Just when you think that they can not go any lower, interest rates drop slightly. Wow, if you are waiting for homes prices to drop even more, remember that when these interest rates climb- the game changes.
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By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
Wondering what is happening in the real estate market for the Twin Cities Metro area of Minnesota? Watch the Skinny Video and pick up some tips on still getting properties sold as we move into our slower sales time of the year. It is busy right now with most everyone getting ready for snuggling in for our long cold winters. September's skinny just for you!
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Aitkin, MN Real Estate Professionals