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Shakopee, MN Real Estate News

By Kenden Post
(Coldwell Banker Burnet)
Here are the final numbers for Shakopee, MN. June 2009 home sales; Shakopee, MN June June June Entire Year Entire Year Entire Year Scott County, MN 2008 2009   Change 2008 2009   Change New listings 127 105 -17.3 810 709 -12.5 Closed Sales 59 60 1.7 265 97 12.1 Median Sales Price 220000 182000 -17.3 209000 167500 -19.9 Avg. Sales Price 235,713 210125 -10.9 233031 197954 -15.1 % of orginal list pirce received 94 94.6 0.2 93.1 91.6 -1.6 Avg. Days of Market  124 133 7.5 142 145 2.2 Single-family detached inventory 260 196 -24.6       Townhouse-condo inventory 226 147 -35         If you have any questions about this information on home sales for Shakopee, MN. please feel free to contact me. Kenden Post Coldwell Banker Burnet-Apple Valley www.OurFirstMinnesotaHome.com Kenden@KendenPost.com (...
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By Chad & Sara Huebener
(Edina Realty)
By Sara Huebener I've always been an advocate of owning real estate as part of one's financial portfolio, and, whenever possible, including investment properties among that list.  I believe that if one can tolerate the nuisances that go hand-in-hand with investment property for a considerable period of time, ownership of investment properties can reap big rewards.  On Christmas Eve, we purchased another investment property.   It was a bank-owned townhome in solid structural condition, but rough shape (if that makes sense).  The home has some unique and attractive features such as beamed and vaulted ceilings, large rooms and a finished basement.  And with a purchase price at 46% of its most recent sale price and 65% of active comparables, it appeared to be an attractive investment.  We a...
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By Chris Grimes
(Remax Advantage Plus)
Questions to ask while attending an open house  Have you ever attended an open house and never knew what questions to ask about the home? Or maybe you are just getting started in the market and want more information from the agent at the open. Here are some key questions to ask while attending an open house:1. What are homes in this area selling for?2. How long are homes like this in the area on the market for?3. How long has this home been on the market?4. Has there been a lot of traffic through?5. Has there been a lot activity in the area? Example: Open houses, solds, pendings, new listings.6. What is the average list to sale price for homes in this area?7. What sets this home apart from others in the area? These questions should help you get all the information you will need to be in...
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By Chris Grimes
(Remax Advantage Plus)
10 Things To Ask When Interviewing a Real Estate Agent  - How do youp lan to market my home vs. other agents?- What is your definition of "Full Service"?- Of al the homes that have sold in OUR area in the last year, what percentages have been by your company?- How long have you been a licensed real estate agent? Is real estate a full time job for you or do you have a second job?- How many hits does your company's website recieve per month? - What commission percentage do you charge?- What percentage of that commission do you pay out to the buyers broker?- What is your list price to sale price percentage?- What are the average days on the market in our area and the metro area?- What is your average days on market for the homes you list?Please feel free to contact The Grimes Group if you ...
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Shakopee, MN Real Estate Professionals