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Forest Lake, MN Real Estate News

By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
A few weeks back I received a phone call from a lovely lady thanking me for my informative post on the lakeshore market in the Twin Cities north metro. She lives in Forest Lake on Clear Lake and was considering selling next summer After reading my article, Think Now is a GREAT Time to Make a DEAL on a MN Lakeshore Home? I Do!, she was concerned about the changing market and wanted more specifics on how homes on Clear Lake were fairing today. She didn't want a market analysis of her home, just some statistics on what was really selling on Clear Lake. I told her that was a very good question and the sales values would be very different than what was happening on other area lakes. I said that I would look into the situation further and get back to her. I also told her that her query could ...
Comments 6
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Forest Lake, Minnesota in the northeast metro Twin Cities area holds a special place in the hearts of many Minnesotans. Many residents of Minneapolis, St. Paul or one of the first ring suburbs will remember Forest Lake fondly from decades ago as a summer vacation spot or place to go for a drive in the country. Today, the lakeside cabins have been replaced with year round homes and the rural nature is all but a thing of the past in this thriving St. Paul suburb. Though housing growth has slowed down drastically in the past year or two in many northern suburbs due to ever increasing gas prices, Forest Lake is holding its own. Real estate in Forest Lake, MN in north Washington County and east Anoka County continues to sell but slowly. The Days on Market (DOM) Statistic is currently running...
Comments 2
By Patti Ann Kasper, Blaine & North Metro Minneapolis St Paul Real Esta
(EXIT REALTY NEXUS)
  Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INCfor the period of July 1, 1007 through July 31, 2008. Participant in the *National Real Estate Stimulus Program* Buyers: Receive a CASH BONUS of 2% of the sale price up to a maximum of $10,000.00 after closing when you purchase a home with Patti Ann Kasper. Sellers: Your home SOLD in 39 days or less GUARANTEED, or I'll pay you up to $10,000 after closing!  That's right, a tax free cashiers check is mailed after closing, upon receipt of proof of purchase, and verification of identity.  Could you or someone you know do something with that? If you are thinking of buying or selling a home, call Patti Ann Kasper to find out howyou can receive your own National Real Estate Stimulus Program CASH BONUS!   For mor...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
As a Realtor I get the opportunity to canvas the countryside looking at homes and properties throughout the north metro. Time and again I stumble upon unique treasures. This time, I discovered an artful roadside distraction because of a detour just over two months ago. The tornado devastation in Hugo rerouted me from many of my regular real estate routes to and through Anoka and Washington Counties. On one such detour, I drove past this guy who acts as part of a welcoming committee in a Forest Lake home. Now this is a bear that is ready for one of Minnesota's favorite summer activities...GOLF! I knew that I would have to take this detour again with camera at hand soon!So this past week on my way to show homes to out-of-town buyers in White Bear Lake and Stillwater, I made a scheduled de...
Comments 14
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Forest Lake, Minnesota is a special community in the northeast metro Twin Cities area. Many people from the city remember Forest Lake fondly from decades ago as a summer vacation spot or place to go for a drive in the country. Today, the lakeside cabins have been replaced with year round residences and the rural nature is all but a thing of the past in this thriving St. Paul suburb. Though housing growth has slowed down drastically in the past year or two in many northern suburbs due to ever increasing gas prices, Forest Lake is holding it's own.Real estate in Forest Lake, MN in north Washington County and east Anoka County continues to sell but slowly. The Days on Market (DOM) Statistic is currently running at about 211 days for all homes sold. When the first quarter numbers showed are...
Comments 8
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
After the successful sale of last year of the home built by Forest Lake construction students in the parking lot of their school, did it again! Forest Lake High School Students built an awesome 3BR/2BA in 2007 which sold for $65,000 and was moved by its new owners to its permanent location this past spring. The proceeds from the sale of the home funded a new construction project during for this school year. Now that the second home is complete, let the bidding begin!As you can see, from these pictures taken at the beginning of second quarter, the students hit the ground running in September. The one story rambler home was framed and the exterior work complete prior to the cold Minnesota winter.As a Realtor in the north metro, I have watched the construction of many homes throughout the ...
Comments 19
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Forest Lake residents who work in downtown Minneapolis can skip the frustrating traffic jams and backups! A new commuter station, or transit center, began offering express bus transportation in January. No need to drive 35 down to the 95th station either...The new Park and Ride station is located a hop, skip or jump from most Forest Lake homes!As a Realtor, I get questions regarding the commute to downtown from Forest Lake all of the time. It is a concern for anyone considering a move to the Forest Lake or Wyoming area. A normal traffic free commute from Forest Lake by car to downtown Minneapolis is about 30-40 minutes. Add in rush hour traffic and the delays can stretch the ride into the city by 20-30 minutes especially in light of the 35W bridge collapse and detours. The best option w...
Comments 11
By Patti Ann Kasper, Blaine & North Metro Minneapolis St Paul Real Esta
(EXIT REALTY NEXUS)
City of Forest Lake - Washington County - MN20072006Δ Change# Homes Sold248 293 -15.36%Average Price$262,723.00 $280,638.00 -6.38%Median Price$242,500.00 $235,000.00 3.19%Total Volume$65,155,377.00 $82,227,179.00 -20.76%  Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC.For the period of January 1, 2006 thru December 31, 2007 It is a great time to buy a home and there are great deals in all price ranges available.For more information about my services, guarantees or how I can help you find your next home,sell your home, buy a business or investment property - Just call me today at 763-548-1418!To view my interactive on-line real estate magazine with listings, click the button below:   Click the button below to send this information to your friends or fam...
Comments 0
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
As I slowly wound my way through ice and snow on the slippery North Shore Trail while showing Forest Lake homes this past week, I was momentarily distracted by a colorful garage door. The elements made it difficult to see properly so yesterday I wound around back around the lake where I had showed homes days before to find this wonderful steam train artistic distraction. While painting a mural on a garage door can be a detriment to a home's value, I will have to admit that this steam train mural would be a welcome sight to many. It really pops out against the white winter snow and many people still love the nostalgic steam train era.Not all art in Minnesota is found in a museum or created with a chainsaw!Other Uniquely Minnesota Artful Distractions:Uniquely Minnesota Artful Distractions...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Real estate in Forest Lake, MN in north Washington County and east Anoka County is still selling. The first big December snowfall and holidays didn't deter savvy buyers from getting out into the market and writing offers. The inventory levels are down from the third quarter statistics, but sales during the last three months of the year were only slightly lower than the previous quarter. The fourth quarter numbers show area homes are staying on the market an average of 166 days, just slightly lower than the 171 DOM in the third quarter. Looking at current inventory levels for homes priced under $300,000, there is about 9-10 months of inventory at the 4th quarter rate of sales.High end home sales continue to remain stagnant. With only one home sold in the last 3 months, sellers in the ove...
Comments 8
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Residents and visitors alike do a double take as they pass through Forest Lake, Minnesota this December as construction continues on the new water tower. Though the photo is not strikingly different from the original I posted last week, if you look closely there are some marked differences. Note the yellow appendage to the tank bowl. Yes, folks that is a ladder. No fear of heights allowed when working on this project. Can you even imagine taking a hike up that ladder? Yikes. Before the 12 inches plus of  snow that made skiers and snowmobilers alike shout in exuberant exclamation hit Forest Lake this weekend, I snapped a shot of one of the huge sections on the ground that was being prepared to be lifted into place for the top of the tower. See the edge of it coming up near the crane? Hop...
Comments 13
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
 Like a transformer in slow motion, the new Forest Lake water tower began to take on its final shape this past week. The construction process is quite a sight to see! Piece by piece concave metal is lifted into place and welded to the base, creating the "bowl". This past spring the original old "tin-man" type water tower was removed from its place along Lake St. The new tower is located near the compost site just off of Broadway.If you are buying, selling or relocating to Minnesota and  need help from a professional Realtor, give me a call or visit my website for a FREE Relocation Packet.  I specialize in acreage and lakeshore properties in the north and east Twin Cities metro area including Ham Lake, Lino Lakes and all communities in the Forest Lake School District! Serving Anoka, Chis...
Comments 20
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
After the successful sale of last year of the home built by Forest Lake construction students in the parking lot of their school, the are at it again! The 3BR/2BA rambler built by Forest Lake High School Students in the previous year sold for $65,000 and was moved by its new owners to its permanent location this past spring. The proceeds from the sale of the home were put right back into the next project for the District 831 high school. That new construction endeavor began with the school year in September. I have it on good authority that because of this real world building project, the shop classes in Forest Lake High School have a waiting list! Beginning woodshop is the stepping stone to working on a real world construction project.As you can see, the first quarter students made exc...
Comments 11
By Matt Jonasen
(Greater Midwest Realty)
Forest LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Forest Lake’s real estate statistics for June 17 – June 23, 2007. New Homes on the Market: 16 Number of homes accepting offers (pending): 1 Number of homes closing (sold): 5 Number of homes Expiring from Market: 3 Average Days on Market: 54 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Forest Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & Tammi VanGri...
Comments 0
By Matt Jonasen
(Greater Midwest Realty)
Forest LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Forest Lake’s real estate statistics for June 10 – June 16, 2007. New Homes on the Market: 19 Number of homes accepting offers (pending): 3 Number of homes closing (sold): 4 Number of homes Expiring from Market: 6 Average Days on Market: 56 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Forest Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & Tammi VanGri...
Comments 0
The first half of 2007 has been a mixed bag for the Forest Lake real estate market in northern Washington County.  Homes in priced below $300,000 are selling well but time on the market is lengthy in all price categories. Per the St. Paul Area Association of Realtors, sales for the 13 county Twin Cities area are down 16% in the first half of 2007 compared with sales in the first half of 2006. The average home price fell 2%. This mid-year update for Forest Lake real estate reflects the sluggish market with many listings. Homes are very stagnant in the high price ranges with the exception of lakeshore. 4 of the 7 homes priced over $400,000 were lake homes. Homes in Forest Lake with 168 DOM are moving a bit faster than those in neighboring Ham Lake and Lino Lakes which have an average DOM ...
Comments 24
By Matt Jonasen
(Greater Midwest Realty)
Forest LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Forest Lake’s real estate statistics for June 3 – June 9, 2007. New Homes on the Market: 16 Number of homes accepting offers (pending): 3 Number of homes closing (sold): 2 Number of homes Expiring from Market: 4 Average Days on Market: 65 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about Forest Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & Tammi VanGrins...
Comments 0
By Matt Jonasen
(Greater Midwest Realty)
Spring and I have a love/hate relationship.LOVE: Playing sports;  I am currently in two softball leagues (The Columbus Softball League, near Forest Lake, MN.  A church league down in Edina, I play for Colony Park Church) and one Volleyball League (We play over at Sager's Bar in Centerville, SAND VOLLEYBALL!)HATE: Allergies!  I tell ya, I NEVER used to have allergies.  Then, I hit 19 years of age and BAM!  They came on like a freight train.  It's funny because they've died down a little since I started having them, but I still need to take allergy medicine everyday.LOVE: Finally getting to roll the windows down again.  I love to wear sandals and go bare foot every now and again as well.  Minnesota weather is so funny though.  One day you're wearing sandals and that night you're borrowing...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
 The Forest Lake high school students in the carpentry class must have done a great job! The home they built in the parking lot was offered for bid at the break even amount of $49,900. But they did much better than that. The home sold to a bidder for $65,000! This is wonderful news to the school as there is money to start another home building project for future students. Way to go Rangers!Read the original story at: http://activerain.com/blogsview/50030/Forget-Jack-This-House  If you are relocating to Minnesota, are looking for Homes for Sale in the north and east Twin Cities metro area and need help from a professional Realtor, give me a call. Serving Anoka, Chisago, Ramsey and Washington Counties in Minnesota.Copyright 2007 Teri Eckholm http://www.terieckholm.com/ 
Comments 2
By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Carpentry shop class is NOT what it used to be in Forest Lake, Minnesota. Not content to build a shelf or piece of furniture, these construction students put their knowledge of math, engineering and construction and met the challenge of building an entire house in the school parking lot."This is a real world project that helps them see the importance of what they are doing in school," said teacher, Kevin Rivard. "There are a lot of good jobs for kids who are not college bound. This allows them to get the feel for trades and to apply the skills they learn in school to do real things."The students had expert and professional assistance throughout the construction process. Professional contractors volunteered their time and talents to work directly with the students on the electrical, plum...
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