November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Archives

hometown realty

Large SW Hutchinson, MN rambler features m. f. family room with wood burning fireplace, 3 bedrooms, den & rec room in lower level. Vinyl siding, deck & double car garage. Home Warranty plan included.

featured home of the week, hometown realty, hutchinson, mn, real estate, homes for sale

Featured Hometown Realty Property of the Week – 620 Dale Street SW, Hutchinson, MN

PRICE: $157,900

Property Type: Residential
Listing Status: Active
Style: (SF) One Story
Year Built: 1969
Sqft. Total: 2482
Exterior: Vinyl
Roof: Asphalt Shingles
Garage Capacity: 2
Fuel: Natural Gas
Air Conditioning: Central
Water: City Water/Connected
Sewer: City Sewer/Connected
Lot Size Dimensions: 84x123x86x123
Lot Description: Tree Coverage – Medium
Roofing: Asphalt Shingles
Outbuildings: Storage Shed
Heat Source: Natural Gas
Heat Type: Forced Air

Click here to view more information about this featured property of the week courtesy of Hometown Realty in Hutchinson, MN.

Located in NW Hutchinson, MN this 4 bedroom rambler features a living room with vaulted ceilings & fireplace, m. f. laundry, finished lower level family room w/fireplace & built ins, rec room & den. 26×35 attached garage. Nice decks overlooking treed yard.

featured home of the week, hometown realty, hutchinson, mn, real estate, homes for sale

Featured Hometown Realty Property of the Week – 1235 7th Avenue NW, Hutchinson, MN

PRICE: $225,000

Property Type: Residential
Listing Status: Active
Style: (SF) One Story
Year Built: 1985
Sqft. Total: 2680
Exterior: Metal, Brick/Stone
Roof: Asphalt Shingles
Garage Capacity: 2
Fuel: Natural Gas
Air Conditioning: Central
Water: City Water/Connected
Sewer: City Sewer/Connected
Lot Size Dimensions: 100×130
Lot Description: Tree Coverage – Heavy
Roofing: Asphalt Shingles
Outbuildings: Storage Shed
Heat Source: Natural Gas
Heat Type: Forced Air

Click here to view more information about this featured property of the week courtesy of Hometown Realty in Hutchinson, MN.

Gains in Traditional Activity Almost Offset Declines in Distressed Activity

Minneapolis, Minnesota (November 12, 2014) – In October 2014, overall buyer and seller activity both cooled slightly in the 13-county Minneapolis–St. Paul metropolitan area. Pending sales declined 1.3 percent from last year, while new listings decreased 2.3 percent.

Gains in traditional activity nearly offset dramatic declines in the foreclosure and short sale arena. Inventory levels rose 4.3 percent to 17,132 homes, providing buyers with more options. The median sales price rose 7.2 percent to $209,000, marking 32 consecutive months of year-over-year median price gains. Price per square foot rose 5.6 percent to $123.

hometown realty, hutchinson, mn, minnesota, real estate, twin cities, stats, statistics

Click the image above to view larger version.

The amount of time a home spends on the market fell 4.0 percent to 72 days, on average. Months’ supply of inventory rose 10.8 percent to 4.1 months, suggesting that the market is moving back toward balance after favoring sellers. The sales mix continued to skew toward traditional homes that sell in less time and at higher price points.

Despite an overall 2.3 percent decrease in seller activity, traditional new listings rose 6.7 percent while foreclosure and short sale new listings were down 42.4 and 31.3 percent, respectively. Similarly, overall closed sales were down 1.5 percent, but traditional closed sales rose 9.7 percent while foreclosure and short sale closings fell 41.1 and 48.3 percent. Market-wide inventory levels increased 4.3 percent, but traditional inventory was up 17.9 percent while foreclosure and short sale inventory levels declined 39.0 and 43.5 percent.

“Traditional activity is going strong,” said Emily Green, President of the Minneapolis Area Association of REALTORS® (MAAR). “That helps strengthen prices, which in turn encourages more sellers to list their homes, giving motivated buyers more options.”

The Twin Cities housing affordability index of 188 means that the median household income was 88 percent higher than what’s necessary to qualify for the median-priced home given current interest rates. While the index is below its 2012 peak, it remains above its long-term average.

According to the Bureau of Labor Statistics, the Twin Cities has the lowest unemployment rate among major metros in the nation at about 3.8 percent. The national rate recently dropped below 6.0 percent for the first time since 2008.

“Stronger job growth and extremely low interest rates continue to put homeownership within reach of more families,” said Mike Hoffman, MAAR President-Elect. “Further improvements are still needed, but both the economy and housing have clearly been moving in the right direction.”

For more information about buying or selling your home in and around Hutchinson, MN contact the real estate professionals at Hometown Realty – 320.587.6115.

CAREFREE LIVING IN THIS ONE LEVEL TOWNHOUSE LOCATED IN HUTCHINSON MINNESOTA. FEATURES FRESHLY PAINTED INTERIOR WITH NEUTRAL COLOR, TWO BEDROOMS, M. F. LAUNDRY WITH WASHER & DRYER, ATTACHED DOUBLE CAR GARAGE. GREAT LOCATION CLOSE TO SHOPPING & HOSPITAL.

featured home of the week, hometown realty, hutchinson, mn, real estate, homes for sale, townhouse, town home

Featured Hometown Realty Property of the Week – 1215 Bradford Street SE, Hutchinson, MN

PRICE: $74,900

Property Type: Condominium
Listing Status: Active
Style: (CC) Manor/Village
Year Built: 1986
Sqft. Total: 884
Exterior: Brick/Stone
Roof: Asphalt Shingles
Garage Capacity: 2
Fuel: Natural Gas
Air Conditioning: Central
Water: City Water/Connected
Sewer: City Sewer/Connected
Roofing: Asphalt Shingles
Heat Source: Natural Gas
Heat Type: Forced Air

Click here to view more information about this featured property of the week courtesy of Hometown Realty in Hutchinson, MN.

Hutchinson, MN well cared for twinhome features open floor plan, French doors, six panel doors, vaulted ceilings & arches. Private master bath, m. f. laundry & full basement. Insulated attached garage. New furnace & water heater. Nice patio and decks.

featured home of the week, hometown realty, hutchinson, mn, real estate, homes for sale

Featured Hometown Realty Property of the Week – 1133 Cheyenne Street SW, Hutchinson, MN

PRICE: $178,900

Property Type: Residential
Listing Status: Active
Style: (TW) Twin Home
Year Built: 1999
Sqft. Total: 1560
Exterior: Vinyl
Roof: Asphalt Shingles, Age 8 Years or Less
Garage Capacity: 2
Fuel: Natural Gas
Air Conditioning: Central
Water: City Water/Connected
Sewer: City Sewer/Connected
Lot Size Dimensions: 48×188
Roofing: Asphalt Shingles, Age 8 Years or Less
Heat Source: Natural Gas
Heat Type: Forced Air

Click here to view more information about this featured property of the week courtesy of Hometown Realty in Hutchinson, MN.

QuickSearch

Mortgage Calculator

Loan Calculator Mortgage Calculator
MortgageLoan

$

%

years

%

$ per year

$ per year

%

Closing Cost Estimator

Loan Information
Loan Amount $
View/Edit Closing Cost Details