The number of homes for sale is down 22.2% from just a year ago. It's no surprise, then, that the number closed sales is down (but only by 4.1%). That means more buyers per listing, so houses are on the market for a shorter time and prices are going up.
This pressure will continue to raise home values even though mortgage interest rates seem are sure to go up in 2022. If you're looking to buy, it's time to get started before the number of buyers and interest rates increase.
Let's connect and see if we can get the ball rolling toward finding and buying your next home or cabin.
READ MORE ABOUT THE MINNESOTA HOUSING MARKET
November was another exciting month in real estate for me.
I'm so thankful for the great experiences I've had serving my clients.
It's been a thrill to help you all!
CLICK HERE FOR RECENT PICS & CLIENT COMMENTS
As always, I appreciate your referrals to friends and family!
If you're thinking of buying or selling in 2022, we should connect.
Before you know it, the market will start heating up again.
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Ever Thought about Living in a Small Town?
Some of the reasons people move outside the Twin Cities with a spotlight on Northfield.
Going the Extra Mile
A good Realtor does a lot more than paper work.
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There are lots of reasons Twin Cities residents have for considering a move to somewhere outside the city. Some of these reasons include: pandemic concerns, recent social unrest, high cost of living, transitions to remote work, and a desire to find a less hectic and crowded lifestyle.
If any of these motivations resonate with you, it might be a good time to check out some options. One of the small town communities I have come to love in recent years is Northfield, MN. If you'd like to explore making a move to Northfield, I can help you.
You'll find that the current supply of homes for sale in quite low, so you'll need to prepare yourself to watch and wait for the right house to come to up for sale. That's something I can help you with because I keep a close watch on the Northfield market!
Whether it's Northfield or another town you've been considering, I'd love to help you find the right place. Let's set up a time to talk about it.
CURRENT LISTINGS IN NORTHFIELD
CLICK HERE for the complete 2021 Winter Walk Schedule (VisitNorthfield.com).
Northfield's Winter Walk
December 9 , 2021
In the heart of the holiday season, an event takes place that draws crowds from near and far. Steaming cups of hot cocoa, the sounds of hooves clippity-clapping along the streets, and candles flickering in the breeze, creates a magically and can’t miss one-night festival.
Visitors can wander through our unique shops and enjoy beautifully decorated storefront window displays. There will be horse-drawn carriages ready to take you for a short ride, carolers strolling through downtown along with thousands of twinkling lights to guide your path! Old and young alike enjoy viewing the model train display located at the Northfield Public Library – or watching the performance of the NAGCracker (Nutcracker) at the Northfield Arts Guild.
Santa Claus and his elves will be making an appearance as well as Frosty the Snowman and Rudolf the Red-nosed Reindeer! We hope you will join us, as we usher in the holiday season with this fun and festive event.
Voted Best Holiday Event since 2013 by SoMinn Scene Magazine!
When buying or selling a home, it's important to understand the market and gain helpful insights to help you achieve the best results.