October 2014

Found 1 blog entry for October 2014.

Over 30% of sales of Otter Tail County homes occur in the last 3 months of the year.  That defies regular logic but it is a fact.  As of now, it appears that real estate sales in Otter Tail County will set another record in 2014 as sales are up 7% this year over last year, compared to all Minnesota sales being down 6% so far.  It is not all that surprising as Otter Tail County was voted one of the top 10 counties in the US to live and go boating by Boating Magazine this summer.  Inventory of homes available to purchase is very low as well.  As an example, the availability of homes in Fergus Falls is down to about a 6 month supply, compared to a 7 month supply last year.  The National Association of Realtors say a 6 month supply is “in balance”.  The

2,781 Views, 0 Comments