Hutchinson MN’s Hometown Real Estate Blog
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  • Return to Some Normalcy

    Posted on May 28th, 2009 cheryl No comments

    The housing market in Hutchinson, MN appears to be on the road to returning to some normalcy.  Our spring real estate market has been very active as compared to last year.  Currently there are 196 homes for sale in Hutchinson, MN and there are 37 pending sales.  A lot of the activity has been in the foreclosure and short sale market, but we are seeing some healthy increase in first time homebuyers as they begin to see all the benefits to purchasing a home now.  Another healthy sign is that homeowners are now starting to sell their homes in order to move up or size down.  We have not seen activity in this are for quite some time.  So, it does appear that normalcy is returning to the housing market here in Hutchinson, MN.blog-many-houses

  • More Good News About The $8,000 Tax Credit

    Posted on May 15th, 2009 cheryl No comments

    It was just announced that buyers who use FHA for their financing will be able to use the $8,000 tax credit for their down payment.  This is good news because most buyers need the $8,000 in order to purchase a home more than they need it after they have already bought.  The National Association of Realtors has been a significant force in getting this change made.  Many more people will be able to purchase a home now and that’s good news!

  • Up To $8,000 Could Be Yours!

    Posted on May 6th, 2009 cheryl No comments

    It took us long enough to get the word out to everyone that the stimulous package that was passed earlier this year has a wonderful GIFT in it for people who have not owned a home for three years!  This GIFT will be given to buyers who occupy their home by the end of November, 2009.  Although that seems a long time from now, it isn’t and you don’t want to wait.  If all the predictions are correct, we are at the bottom of the real estate market and waiting will only cost you more money in higher priced homes.  I can see some real sure signs that people are believing we are at the bottom.  Investors have been somewhat sitting on the sidelines just waiting and in the last several weeks, they are coming out like crazy.  Multiple offers on foreclosed properties are happening everywhere and many of those making the offers are investors.  Remember what happens to prices when demand becomes high?  Prices go up.  Simple supply and demand.  So, don’t wait.  Find  yourself a home here in Hutchinson and the surrounding area now and get your $8,000 deposited into your account!