Tuesday, February 5, 2008

Unsticking the Wheel of Real Estate

People are depressed this winter. Not only has the sun been mostly non-existent , but the negative press about the woes of the housing market have done little to brighten Minnesota residents spirits.

But I have to say that the last two weeks have been extremely busy. It seems like someone has opened the barn doors and both sellers and buyers are coming out for Spring.

I hope this puts a little smile on your face. You would think that there are NO buyers out there, according to the media, but I have to tell you that I have a handful of buyers coming into town over the next few months. Many are requesting relocation packets in order to get a good idea on what Minneapolis and St. Paul have to offer. I can only imagine that other real estate agents are experiencing the same influx of business.

On the other spectrum, sellers have been calling and getting advice for selling this spring. Listing appointments have really picked up, and I have to say the homes going on the market are really nice....in other words, not foreclosures or short sales. Hopefully this is good news for the market, but it won't solve all the woes. Only time can heal that wound.

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