June 2013

Found 1 blog entry for June 2013.

The Lion of the winter and spring has controlled the sales of real estate in 2013.  Sales of units are down 48% through May of this year from a robust increase from the same period a year ago.  Our Minnesota winter has always controlled real estate sales.  Sales soar when temperatures soar and they decline during a harsh winter.  We are presently seeing strong sales of quality lake homes on better quality lakes.  The jury is out whether lake home sales will catch up to last year.  As a result, sellers are reducing their asking prices in order to achieve a sale in the 2013 selling season.

The good news for sellers is that the amount of homes for sale has dipped 24% from last year.  As a result, we are once again seeing multiple offers.  It is an

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