April 2012

Otter Tail County lake home sales are up 39% so far this year which is great news for those wishing to sell!  Inventory is down to an 18 month supply so selection has tightened up.  The reasons are:  low unemployment rates, interest rates are at a 60 year low, pent up demand and more affordable prices.  Surprisingly, lake home sale prices last year averaged what the county has them taxed at.

If you are an owner and plan on selling within a few years you may want to move that up to this year as the 3.8% sales tax you will pay on the sale of your real estate kicks in January 1, 2013.  In addition, congress is talking about raising your capital gain tax.  Stay informed!

 My advice for buyers and sellers entering the market…..use a professional full time

Century 21 Real Estate LLC is pleased to announce that Alan and Judi Olson of Century 21 Vista were presented with the President’s Producer Award at their annual awards banquet in Minneapolis on March 16, 2012. This award is bestowed upon an extraordinary group of individuals that have achieved both the Centurion level of production and the Quality Service Pinnacle Award in the same year, which is an affirmation  of  outstanding sales production and commitment to quality service to their customers. “We are thrilled to recognized Alan and Judi Olson’s work for this significant achievement”, said Rick Davidson, President and CEO, Century 21 Real Estate LLC.  “This is an outstanding honor since only a small percentage of agents in the United Stated receive