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There Is a New Sign in Town
Published May 24, 2010 | 
Recently we unveiled our new for sale signs in the Hutchinson, MN area. You’ll see them on the homes we have for sale as well as homes that have recently sold.
After 25 years of using the other signs, we decided it was time for a new look.
The new signs are in the shape of a house and have brochure boxes attached to the chimney.
We hope you enjoy the new look.
Expiration of Tax Credit
Published May 12, 2010 | The expiration of the tax credit clearly motivated buyers to take action by April 30. Last week, there was a significant 31.2 percent jump in Pending Sales versus last year, bringing the total number of contracts written to 1,469. But for the first time this year the number of New Listings was down. A total of 1,803 of them entered the market, 11.5 percent lower than a year ago.
Some encouraging figures include a Days on Market count of 127, down 15.3 percent compared to last year, and Percent of Original List Price Received at Sale of 93.6 percent, up 4.0 percent over last year.
These statistics include all of the Regional Multiple Listing area not just Hutchinson, MN.
We expect buyer activity to continue over the coming weeks, although not with the same level of urgency due to the expired tax credits and a slight seasonal lull before we get into the heart of summer.
Sales Activity Continues
Published May 5, 2010 | No one was really sure what was going to happen once the stimulus money expired on April 30, 2010.
We have been pleasantly surprised to see that many calls are continuing to come in and people still want to buy and sell their homes!
This activity is certainly a good indication that the housing market may very well be coming out of its slump here in Hutchinson, MN.
The interest rates continue to be favorable for buyers. That fact coupled with favorable prices on homes, makes this a great time for buyers to buy homes and sellers to sell their homes.
Posted in Uncategorized | 
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