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Woodbury, MN Real Estate News

By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
2012 Eagle Valley Single Family Home Statistics Show Market is Improving!   2012 was a good year for the housing market, and the Eagle Valley neighborhood of Woodbury saw marked improvement. One of Woodbury’s most in-demand neighborhoods, Eagle Valley is comprised of mostly single family homes, but also has many town homes. A great location with great schools make Eagle Valley a desirable place to settle down.   The housing market slump caused housing prices around the country to drop. Now, with the stock market showing strong signs of recovery, John and Becky Durham of Woodbury’s Durham Executive Group, are seeing positive signs of recovery right here in Woodbury. Eagle Valley’s single family home market, in particular, gained a lot of lost ground in the past year.    The months’ suppl...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
2012 Real Estate Statistics – Interlachen Woods     Exciting news in for homeowners in the Interlachen Woods neighborhood of Woodbury! The housing market in Woodbury appears to have finally stabilized. After several years of luxury homes around the country languishing on the market for long periods of time, homes in Interlachen Woods are proving to be in high demand. The latest numbers from the Minneapolis Area Association of Realtors are showing the months’ supply of homes in Interlachen Woods dropped 39% in 2012, to a remarkable 3 months’ worth of inventory. Markets with less than a 5 moths’ supply are considered to be a sellers’ market. With so few homes on the market in this high demand neighborhood, this has translated to an increase of 13.8% in median sales price (see graphs.)    ...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
  Marsh Creek Housing Market - 2012 in Review - What to Expect in 2013   The stock market is up, and so is the Woodbury housing market. The Marsh Creek housing market in particular showed promising gains in 2012. With only a 1.4 months’ supply of homes on the market in 2012, Marsh Creek is clearly a seller’s market (less than a 5 months’ supply of homes on the market.) This high demand Woodbury neighborhood also saw incredible gains in median price, going up 21.3% in 2012 to $486,500! This translated into an increase of 17.9% in price per finished square foot.   Marsh Creek 2012 Median Sales Price Data   This is big news in the luxury home market, where the past 6 years have seen enormous price drops as high end homes languish on the market for months. Becky and I are optimistic that t...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
        Wedgewood MN Luxury Home Real Estate Agents - John and Becky Durham     Are you searching for a top selling Wedgewood luxury home real estate agent to sell your Woodbury home? Check out John and Becky Durham's real estate services and how they market their luxury home clients.           To learn more about what John and Becky will do to market your Woodbury luxury home, see the videos detailing their premiere services. It's all on their website at www.results.net/john.durham.   John and Becky Durham are a marketing award winning husband and wife real estate team specializing in the marketing and selling of luxury homes in Wedgeood. Both John and Becky have earned master's degrees. Their marketing expertise, combined with their executive level business and consulting experience, ...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
     Woodbury MN Luxury Home Real Estate Agents - John and Becky Durham     Are you searching for a top selling Woodbury MN luxury home real estate agent to sell your home? Check out John and Becky Durham's real estate services and how they market their luxury properties.        To learn more about what John and Becky will do to market your Woodbury luxury home, see the videos detailing their premiere services. It's all on their website at www.results.net/john.durham.   John and Becky Durham are a marketing award winning husband and wife real estate team specializing in the marketing and selling of luxury homes in Woodbury. Both John and Becky have earned master's degrees. Their marketing expertise, combined with their executive level business and consulting experience, means they are ...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
    2012 - Woodbury MN Year End Housing Statistics   Is now a good time to sell my luxury home?     Woodbury Median Home Sales Price - Year Ending 2012   The Woodbury real estate housing market made enormous progress in the past year with a median sales price increase of +9.2% (see above graph.) While the last few years have been unpredictable, especially in the luxury home market, we can verify that the market is on the upswing.   The shortage of quality homes for sale in Woodbury has translated into an increase of 9.2% in median sales price and a 23.8% decrease in the amount of time a home spends on the market (see graph directly below.) These numbers indicate now may be the right time to put your home on the market!      Woodbury Days on Market - Year Ending 2012     Your decision t...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury MN Housing Market 2012 - Durham Executive Group   When is the right time for you to sell?   After nearly a half-dozen years of watching home values in Woodbury decline, Becky and I, who actively track the Woodbury housing market, are seeing home values increase 9.1% from December 2011 thru November 2012.  This trend is pushing median home values higher than they have been in several years.                The bump in median home value is just one of many significant positives that have happened in the Woodbury housing market during 2012. Additional positive indicators:   ·         price per finished square feet has gone up 4%;   ·         days on market has dropped -21.4%;   ·         the month’s supply of homes for sale has dropped -36.9%, down to an incredible 3.8 month’s supp...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury MN Housing Market – 2012 - Durham Executive Group   When is the right time for you to sell?After nearly a half-dozen years of watching home values in Woodbury decline year after year, Becky and myself who actively track the Woodbury housing market, are seeing home values increase +5.2%  from October 2011 thru October 2012.  This trend is pushing median home values higher than they have been in several years.  The bump in median home value is just one of many significant positives that have been happening in the Woodbury housing market during 2012. Additional significant indicators include; price per finished square feet going up 2.3%, days on market dropping -22.3%, and the very important month’s supply of homes for sale in Woodbury dropping a whopping -36.3% down to an incredi...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury Home Sold in 1 Day! - Durham Executive Group The beautiful home in Woodbury's Bailey's Arbor neighborhood received an offer in 1 day and was accepted. Sale is pending a closing date of November 30th, 2012.
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Bailey's Arbor Real Estate Market Snapshot - Durham Executive Group     The housing market in Woodbury's Bailey's Arbor neighborhood is heating up in the last part of 2012. Six homes have sold or are pending in Bailey's Arbor so far this year, four of them since September 1. Sale prices ranged from $425,000 to $625,000 with most selling in less than 45 days. The Durham Executive Group recently sold a home in Bailey's Arbor in one day! Contact John and Becky for more information about selling your Woodbury home!
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury MN Relocation Agents - Durham Executive Group       Click photo above for the Durham Executive Group's Relocation Video for Woodbury MN     Having attended 13 schools by the time he graduated from High School, John is intimately familiar with what people experience when relocating to another state, and/or community. The amount of internal family stress and anxiety that takes place can be incredible when uprooting your family and all your worldly possessions leaving behind friends, family, employment, and familiarization. Change on this scale can be difficult for even the most adventurous and risk taking individuals. There are a myriad of concerns and logistical problems that can go wrong when transferring/moving, but having relocation real estate agents who specialize in workin...
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By Wade Hanson, Luxury Broker
(RE/MAX Results)
The media has reported that the housing market is rebounding, right?  Activity is up, sales are up, inventory is shrinking and prices are on the rise.  Not so fast!  As a Broker that focuses on the luxury home market I can tell you we have a ways to go.  While closed sales overall are up about 10% over last year in Woodbury, home sales with a sales price of $369,000 or higher are only up 1.2% and the inventory of these higher priced homes is only down about 18% compared to the market average inventory that is down a total of 31%.  An even closer look at what I consider to be the upper-bracket housing market in Woodbury shows that home sales of homes priced $500,000 and above have actually declined 14% compared to 2011 at this time and luxury home sales in Woodbury are down 20% this year...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury Relocation/Moving To Woodbury MN - Durham Executive Group                  John and Becky Durham of the Durham Executive Group and RE/MAX Results are widely known within the community as top selling Woodbury MN relocation real estate agents for those people who are both relocating/moving inbound to Woodbury MN, as well as those outbound residents who are relocating/moving from Woodbury MN.  As a benefit to those relocation transferees John and Becky developed this internet article laying out an abundance of Woodbury MN relocation and moving resources below.   Only 4% of all real estate agents per the National Association of Realtors are certified to be relocation agents. John and Becky Durham are uniquely qualified as relocation real estate agents with both having masters degre...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury MN Real Estate Agent Testimonials - Durham Executive Group           If you are looking for a top selling Woodbury MN real estate agent to help you purchase or sell your home the first thing you need to do is find out what their past clients think about them and their services. As a result, we very intentionally decided that rather than simply have written testimonials (available at http://www.results.net/john.durham) which have minimal value why don't we actually include client testimonials of ours on video. Our testimonial video includes three past client testimonials including one couple who is actually in their home purchase closing. Becky and I are very proud of our services and relationships we forge with our clients and past clients. We never put our interests ahead of o...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Top Woodbury MN Relocation Real Estate Agent - Durham Executive Group           There are a number of reasons why John and Becky Durham of the Durham Executive Group is considered the top Woodbury MN relocation real estate agent for those either transferring into Woodbury MN, or those transferring out of Woodbury. We are award winning Woodbury MN real estate agents.   Our relocation service success starts with our interpersonal skills and ability to work well with people. Throw in our mutual masters degrees, our professional work backgrounds, communication skills, and integrate these talents with hard work, honesty, and integrity weaved throughout everything we do and you quickly see why we are considered the top Woodbury MN relocation real estate agent by our clients and past clients. ...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Wedgewood Luxury Home Real Estate Agents - Woodbury MN - Durham Executive Group         John and Becky Durham are Wedgewood luxury home real estate agents  who are recognized as Woodbury MN agents who excel at integrating world class real estate services to their clients. It is our intent to provide executive-level services in everything we do. Whether we are marketing and selling a Wedgewood MN home, or negotiating the purchase of a home no other Wedgewood MN real estate agent does it better.   To understand why we are top selling Wedgewood luxury home real estate agents be sure to click on our photo above to watch a video about us and our services. Honesty, hard work, and integrity is what we provide to each of our clients from the beginning of our relationship throughout the transact...
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Woodbury MN Luxury Home Real Estate Agents - Durham Executive Group           John and Becky Durham are top selling Woodbury MN luxury home real estate agents who are widely known as Woodbury agents who provide exectuive-level real estate services to their clients. Our focus is on providing exceptional services in everything we do. Whether it is the marketing and selling of a Woodbury MN seller's home, or the negotiations involved with the purchase of a home no other Woodbury MN real estate agent does it better.   To see why we are top selling Woodbury MN luxury home real estate agents be sure to click on our photo above to watch a video about us and our services.      
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By Ryan Magee1, Mortgage Banker
(Bridgeview Bank)
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity rose 2.0 percent last week, reaching its highest level since April 19, 2009. The increase followed a 22 percent surge the week before and pushed the refinance share of total mortgage activity up to 81 percent. But, despite the gains in refinance demand, the Market Composite Index, which measures total mortgage loan application volume, was up just 0.9 percent due to a 3.0 percent drop in the seasonally adjusted Purchase Index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances was unchanged, resting at 3.74 percent. It is the second consecutive week that average mortgage rates were at all-time survey lows. 
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By John Durham, MS, MS, ASP, ARS
(Durham Executive Group - RE/MAX/Results)
Relocating to Woodbury MN? By the Durham Executive Group           As top selling Woodbury MN real estate agents Becky and myself work with many relocation companies (SIRVA, Prudential, Relocation Properties Management, and many others) and their transferees. As a husband & wife real estate team (Durham Executive Group) we are asked repeatedly by transferees relocating to Woodbury MN what is the community like? What makes Woodbury MN so special and annually ranked so high in various polls? As a result, Becky and I have developed the following community video about Woodbury MN for anyone transferring to Woodbury MN. In the video we talk about the schools, employment opportunities, parks & recreation facilities, hospitals and clinics and much more.   To view the video of Woodbury MN click...
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