Stillwater MN Housing Market Changes in 2022 Locally the housing market is changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has forced the housing supply to be out of balance Continue Reading
East Twin Cities Metro Area
Stillwater MN – 1st Quarter 2022 Housing Market Update
Both nationally and locally the housing market is at the very cusp of changing from a sellers housing market which has been driven by rapid appreciation for the past two or three years due to shortages of homes for sale. The rapid appreciation has been driven by the pandemic along with historic low mortgage interest rates. Combined it has forced the housing supply to be out of balance with more Continue Reading
Woodbury MN Home Values
Woodbury MN Home Values Exploded from October 2020 thru October 2021. Woodbury MN home owners who took advantage of the housing inventory shortage walked away from the closing table with significant net proceeds because of home appreciation. Let’s look at the rolling twelve months from October of 2020 through October 2021 illustrating the appreciation during this time Continue Reading
Buyers Purchase 2461 Grey Eagle Circle Woodbury MN
Buyers Purchase 2461 Grey Eagle Circle Woodbury MN Becky and I really enjoyed helping our clients purchase a home in Woodbury MN. With Woodbury MN home appreciation of 11.9% thru September 2021 the average sales price for single family homes was $428,000. The median sales price during this same timeframe appreciated 8.4% pushing home values to $401,000. With all this craziness going on Continue Reading
Stillwater MN Home Values
Stillwater MN Home Values Exploded from October 2020 through October 2021. Stillwater MN homeowners who took advantage of the housing inventory shortage walked away from the closing table with significant net proceeds because of home appreciation. Let’s look at the rolling twelve months from October 2020 through October 2021 illustrating the appreciation during this time Continue Reading
Stillwater MN Housing Trends 2021
Stillwater MN Housing Trends 2021 – Housing market appreciation exploded this past twelve months from September 2020 through September 2021. For home sellers in Stillwater who took advantage of the shortage of housing inventory they walked away from the closing table with significant more net proceeds because of significant housing appreciation. Let’s take a look at some housing statistics that Continue Reading
