by Cheryl Kempenich | Feb 28, 2024 | Ask the Real Estate Agent, Financing, Market Stats, Selling
Despite higher Mortgage rates the number of new listings and sales in January, were higher than last January in Chisago County, according to the Multiple Listing Service (MLS). The median sale price was up 12%, compared to last January, coming in at $357,950....
by Cheryl Kempenich | Nov 28, 2023 | Ask the Real Estate Agent, Market Stats, Newspaper Articles, Selling
Sellers that have the luxury to wait for the best time to sell their home, often ask me when that is. The Minnesota real estate market is predictable year after year, but it can be impacted by irregularities such as weather, a market crash, higher than normal...
by Cheryl Kempenich | Feb 19, 2021 | Ask the Real Estate Agent, Buying, Financing, Lakes Living, Local Information, Market Stats, Newspaper Articles
May is one of the busiest months of the year in the real estate market, and once again, and the lack of inventory and buyer demand can increase selling prices at a pace faster than the appraisers can substantiate. Because buyer demand is so high, many sellers are...
by Cheryl Kempenich | Feb 19, 2021 | Ask the Real Estate Agent, Buying, Financing, Local Information, Market Stats, Newspaper Articles, Senior Housing
The National Apartment Association conducted a survey of government officials, developers, and owners, and found that despite skyrocketing rents, they are unable to build more apartments due to not-in-my-backyard (NIMBY) mindsets. Most communities are sympathetic to...
by Cheryl Kempenich | Feb 19, 2021 | Ask the Real Estate Agent, Buying, Local Information, Market Stats, Newspaper Articles
According to the Multiple Listings Service, the 27 homes sold in Chisago County since April 1, 2019, have sold for .27% over the asking price, but that does not take into effect the seller’s contribution to the buyer’s closing costs, which can be as high as 3% of the...
by Cheryl Kempenich | Feb 19, 2021 | Ask the Real Estate Agent, Buying, Downsizing, Financing, Local Information, Market Stats, Misc., Newspaper Articles, Selling, Senior Housing
After another long, hard winter new listings are starting to enter the market. Inventory is extremely low and multiple offers are common as buyers are competing for homes to buy. In March of 2018 there were 113 new listings in Chisago County but there were only 87 new...
