There really hasn’t been much change in home prices or inventory since my previous blog post for Lake Minnetonka, but here a few charts showing how things stack up.
Choosing The Right Waterfront Property
March 31, 2012 By Leave a Comment
This information comes from the Board of Regents of the University of Wisconsin System. Before you start the search, take some time to think about your lifestyle, interests, and what activities you enjoy. Are your interests specific to waterfront property? Or would a property near, but not on, the water be a good choice? The questions [...]
Tips for Lakefront Homeowners
March 29, 2012 By Leave a Comment
Below is some content from the EPA you may find helpful. Grow native plants and trees along the lakeshore. Mow tall and fertilize less to keep out pollutants. Keep fallen trees and logs in shallow waters – fish need them! Plant a rain garden to absorb rain water. On driveways and paths, use surfaces that [...]
Minneapolis Lakes Neighborhood – Lynnhurst
February 26, 2012 By 5 Comments
The Lynnhurst Neighborhood in Minneapolis has preformed pretty well since the Housing Downturn in the Twin Cities. Even though prices in Lynnhurst fell 6% since 2006 the area has appreciated pretty well in the last ten years at 20%. Even though inventory has been high for the Lynnhurst Neighborhood Home Prices have performed pretty well. [...]
Looking for a Lake Home? Strike While You Can
February 8, 2012 By Leave a Comment
I was recently reviewing the numbers for Lake Front Real Estate and I’m noticing a few things that buyers in this market should be aware of. Inventory levels peaked back in 2009 and are beginning to level off. However the Absorption Rate for Lakefront Real Estate outside the Twin Cities is at 21.8 Months of [...]
Minnesota Lake Homes Spring Market
February 1, 2012 By 6 Comments
Expectations for the Real Estate Spring Market in Lake Homes is continued decline in inventory and prices leveling off.
Today’s Feature – Lake Minnetonka
January 22, 2012 By 5 Comments
The Lake Minnetonka Area saw the Median Sales Price fall 6% in 2011 from 2010, down 19% from peak and down 2% from 2003. The Median Sales Price currently sits at about $274,000. The Absorption Rate for the Lake Minnetonka Area has been trending downward for the last few years at 10.01 Months of Inventory. [...]
