by Admin Admin
on Tuesday, September 20th, 2011 at 10:21am.
LAKE HOME SALES
By Alan Olson, Broker
This month’s column gives the reader an accurate snapshot of the lake home sales thus far this year in our multiple listing services. It also shows the months of inventory available for purchase. September and October closings are not reflected here but the sales have been off the charts. Interestingly, sales have been closing within 1% of the assessor’s market value, which is highly different from the low prices of other regions in Minnesota.
My advice for buyers and sellers entering the market….use a professional full time real estate agent that knows not only the past comparables but one who knows the present ones and the trends.