A short and strong week of sales brings us into December of 2013. Most of the sales expected to close by the end of 2013 are now written and wrapping up the inspection phase. Although the seasonality of our market makes this a slower time of the year with regards to sales volume the number homes available for buyers to look at is pretty low. We saw a 74% list/pend the week of Thanksgiving and that is indicative of what we'll see headed up to the next big holiday!
Interest rates remain in the low 4's according to my mortgage peeps and more uncertainty remains with regards to expectations in the new year. Remember, a 1% change in rates will reduce your buying power of the median value homes in Woodbury by around $25,000. That means a 3 br instead of 4, or possibly loosing your private master bathroom…. Call us today if you have a question!
To get the weekly #'s see my post at http://wp.me/p2Ywpb-u5
Find out what's happening in Woodburywith free, real-time updates from Patch.
Click to view the current inventory of Woodbury Homes For Sale, or New Listings In Woodbury Minnesota or New Construction Homes in Woodbury!
Find out what's happening in Woodburywith free, real-time updates from Patch.
Information is gathered from the Northstar Multiple Listing System and "InfoSparks"
Good luck and happy home selling!
Matthew Johnson
Licensed in both Minnesota and Wisconsin, The Johnson Real Estate Group serves; Woodbury, Oakdale, Cottage Grove, and the entire Twin Cities Area including Western Wisconsin! We are dedicated to providing a superior experience when buying or selling your Twin Cities home! Contact us at www.mattjrealtor.com to find out more.
