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Low Ball offers are being accepted LESS and LESS in North Branch, Mn

If you are looking for a steal...Ask you agent where you may be able to find one.    North Branch Mn. is not a good place to look for a steal.

Why?

Because, our inventory is low.  Many homes that are in good shape are selling near or above list. 

Now to qualify that just a bit.  If you find a home price 25% over current market and can get it for near market...that may be the steel you keep hearing about.

North Branch, Mn is on two major highway arteries and is an easy commute to the twin cities. 

North Branch, Mn is a Bedroom community that still has some great living.  So if you are looking to move here, be prepared.  the local Real Estate market is heating up and prices are following.

Nicely maintained homes will ask for a good price.   But, If you compare today's prices with 5 years ago...All of the homes in North Branch,MN are a steal today!

11 comments • William Feela Realtor 651-674-5999 No. Branch,MN • February 02 2012 03:02PM

Comments

Good news that thinning inventory is slowly shifting that "lowball" moment.

Posted by Sea to Sky Premier Properties (Salt Spring) 3 months ago

I think that many of our areas are getting to that point. There are deals to be had for sure... just not low ball offers.

Posted by Lindsey Hasford (Coldwell Banker Vision) 3 months ago

Bill, my area is finally starting to show the signs.  I am thinking by late summer we may be where you are now.

Posted by Vern Eaton /Realtor 651-630-6995 (WHISPERING PINES REALTY) 3 months ago

Bill, this is much the same message I'm giving buyers in my area.  After they've lost 2-3 to low-ball offers they usually come around.

Now on to the really important stuff....................."HAPPY B DAY"!!!!!!!

Posted by Nick T Pappas - Madison and Huntsville Alabama (Assoc. Broker ABR, e-Pro, @Homes Realty, Huntsville AL) 3 months ago

This is the kind of good news you won't get from the media.  We are becoming more vluable to the consummer they just don't always know it.

Posted by William Feela Realtor 651-674-5999 No. Branch,MN (WHISPERING PINES REALTY) 3 months ago

All is quiet in my neck of the woods.  but spring is on it's way.

Posted by Randi Brammer /Accountant & Tax Preparer (Randi Brammer, Acctg.) 3 months ago

Great point, Bill.  If today's value of the home which is less than 5 years ago isn't enough of a "steal", buyers should also factor in today's historically low interest rates - now THAT's a total steal - great price on a home, great mortgage rates, affordability at it's best.

Posted by Juli Vosmik - Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Real Estate Partners, LLC, Scottsdale, AZ) 3 months ago

Bill....

It's great to hear that things are picking up in your area. We are seeing fewer "value" priced houses in my area too!

Posted by Richard Weisser Coweta Fayette Real Estate 3 months ago

Bill,

This is exactly what has happened here....lowest in 3 years

Tight inventory and no more bargains.

Posted by Steve and Jan Bachman--Northern Virginia Realtors (RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax ) 3 months ago

Bill - THAT IS GREAT NEWS!  I am so glad that your market is improving...we are seeing some pockets of improvement over here, too.

Posted by Suzanne McLaughlin, Wright & Sherburne Counties Realtor (Sabinske & Associates, Inc. (Albertville, St. Michael)) 3 months ago

Bill, this is yet another sign that the market is shifting.  Seller's are not as desperate, because they know the inventory and the DOM are shrinking.

Posted by Ron Cooks - Texas Real Estate Ft Hood / Killeen Homes for Sale (Options Realty Group / Credit Consultant) 3 months ago

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