Sunday, April 1, 2018 / by Clark Jones
So you've decided to buy a home. Perhaps you're tired of renting or your current home just doesn't suit your needs anymore. Perhaps you have a life event that may have pushed you toward this decision. Whatever the case may be. Well, this article will help to jump start your buying process.
The mistake that too many new home buyers make is they want to immediately jump into looking at homes. They've made the decision to buy and are super excited to start. This can be a monumental mistake. Why? Too often people are in "la-la" land or in a fantasy world and want to visit homes that they think are pretty cool on line. They've always wanted a big home. They've always wanted a huge kitchen or perhaps a large yard. So they see the home of their dreams on line, call a Realtor who they don't even know or have interviewed, and next thing you know they're standing in this beautiful home. The Realtor asks them ...
Thursday, March 30, 2017 / by Clark Jones
Recently, I have been contacted by buyers who are interested in purchasing a home in Stewartville. They absolutely love the town, the sense of community, the local schools, the proximity to Rochester, proximity to the Mayo Clinic. outdoor opportunities,proximity to local shopiping and malls, etc. However when helping them search for homes, they have become increasingly frustrated with the lack of inventory there. This is true for the majority of the market in Southeast Minnesota but in Stewartville in particular.
So with this curiosity at my finger tips, I took the liberty to explore some statistics from our local MLS to learn more. To my surprise, I found the average days on the market there to have decreased 53% from this time a year ago. In addition, the average sales price has risen 115% in one year. What does this mean? It means people who live in Stewartville are reluctant to leave because of their love for the town. It al ...