Artwork

Content provided by Chris Hauck. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Hauck or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

St. Cloud February Market Update

 
Share
 

Manage episode 178793266 series 1432373
Content provided by Chris Hauck. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Hauck or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Looking to buy in St. Cloud? Get a full home search
Looking to sell in St Cloud? Get a free Home Price Evaluation

We’re experiencing a shift in the St. Cloud market. We had 833 listed homes on the market last week. That’s the lowest we’ve seen since in about fifteen years! In January 2015, we had inventory this low with 989 listings, but it only lasted for a week.


Instead of the normal 1,200 to 1,300 homes on the market, our inventory is quite low. This leads homes to sell in two to eight weeks on average. Likewise, we might begin to see more multiple offer situations in a competitive market climate. This benefits sellers, but makes it more difficult for buyers.

Secondly, we might see home appreciation increase in 2016 with tight inventory. Sellers have the potential to earn top dollar for their properties now compared to the rest of the year. Buyers have the best opportunities to purchase a home right before the start of the spring market, such as in April.

If you’re thinking about buying or selling a home this year, reach out to us by phone or email today! We’d love to hear from you.
  continue reading

22 episodes

Artwork
iconShare
 
Manage episode 178793266 series 1432373
Content provided by Chris Hauck. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Hauck or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Looking to buy in St. Cloud? Get a full home search
Looking to sell in St Cloud? Get a free Home Price Evaluation

We’re experiencing a shift in the St. Cloud market. We had 833 listed homes on the market last week. That’s the lowest we’ve seen since in about fifteen years! In January 2015, we had inventory this low with 989 listings, but it only lasted for a week.


Instead of the normal 1,200 to 1,300 homes on the market, our inventory is quite low. This leads homes to sell in two to eight weeks on average. Likewise, we might begin to see more multiple offer situations in a competitive market climate. This benefits sellers, but makes it more difficult for buyers.

Secondly, we might see home appreciation increase in 2016 with tight inventory. Sellers have the potential to earn top dollar for their properties now compared to the rest of the year. Buyers have the best opportunities to purchase a home right before the start of the spring market, such as in April.

If you’re thinking about buying or selling a home this year, reach out to us by phone or email today! We’d love to hear from you.
  continue reading

22 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide