St. Cloud, MN - Real Estate Blog

If you want to see the year over year stats from the 4th quarter in the St Cloud area, I am finally done running all my numbers.  Click on the file below to read the most recent edition of the Tangen Report:

Download file

Click on the file above to see the overall real estate sales statistics for St Cloud, Waite Park, Sartell, and Sauk Rapids Minnesota.  Please note that this file is intended for personal knowledge.  If you are planning on using any of the information contained herein, please acknowledge its author (Jason Tangen - e-PRO, GRI - Broker Associate with Edina Realty in St Cloud) properly.

If you would like to view previous Tangen reports, visit http://stcloudedina.com/blog/the_tangen_report/.

Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud MN

http://StCloudEdina.com - Home of the e-Market Analysis (Free Home Value Estimator)

http://JasonTangen.EdinaRealty.com - Search real estate in StCloud Minnesota.

Best on the Internet for Real Estate St Cloud MN (Google #1, Bing #1, Yahoo #2)

Posted by Jason Tangen at 10:35 AM | Permalink | Comments (0)

I pulled some numbers recently and was pleasantly surprised with the amount of foreclosures that were sold in the 4th quarter in St Cloud, Sauk Rapids, Sartell, and Waite Park Minnesota.  Here are some rough looks at the numbers.

Units Sold

60 Bank Owned vs. 209 Non Bank-Owned or Not Disclosed.

Average Price Roughly $105K for Bank Owned and Over $150 for Non-Bank Owned or Not Disclosed.

Those are pretty good stats for those of you who are thinking about selling your home in the near future.  While the number of foreclosed units continues to rise, traditional sales are by far out doing the banks sales.

Want the specific stats?  Give me a call or e-mail and I would be glad to provide them for you.

Jason Tangen - GRI, e-PRO - Broker Associate from Jason Tangen at Edina Realty.

http://StCloudEdina.com - Get a free e-Market Analysis (online home valuation).

http://JasonTangen.EdinaRealty.com - Search homes for sale in Central MN.

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Posted by Jason Tangen at 10:30 AM | Permalink | Comments (0)

Sales took a sharp nose dive when the tax credit was extended from November 30th to April 30th.  While December is traditionally slower than November, it was exaggerated this year in the number of closings in every area covered.  I would anticipate that January will be slow as well with the number of closings rising drastically in every month from February to April.  Below are the number of units that sold in each zip code covered.

Posted by Jason Tangen at 11:39 AM | Permalink | Comments (0)

Below are the number of residential homes that were sold in each area during last month.  These are much bigger than the average numbers that I have pulled in the past for November sales.  We might want to give some of the credit for these numbers to the fear that the $8K first time home buyer credit might not be extended.  With the extension of the credit, I expect the numbers for December to be down drastically.

Posted by Jason Tangen at 10:14 AM | Permalink | Comments (0)

Below are the number of residential homes that were sold in each area during last month.

Posted by Jason Tangen at 11:27 AM | Permalink | Comments (0)

What a great time I had pulling these numbers together.  It is so refreshing to see some hints of a seller's market around the corner.  Have we hit the bottom with these real estate prices??  Look at the report to see what I think.  Nice thing is that prices are definitely rebounding from where we were at last spring.

Download file

Click on the file above to see the overall real estate sales statistics for St Cloud, Waite Park, Sartell, and Sauk Rapids Minnesota.  Please note that this file is intended for personal knowledge.  If you are planning on using any of the information contained herein, please acknowledge its author (Jason Tangen - e-PRO, GRI - Broker Associate with Edina Realty in St Cloud) properly.

If you would like to view previous Tangen reports, visit http://stcloudedina.com/blog/the_tangen_report/.

Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud MN

http://StCloudEdina.com - Home of the e-Market Analysis (Free Home Value Estimator)

http://JasonTangen.EdinaRealty.com - Search real estate in StCloud Minnesota.

Best on the Internet for Real Estate St Cloud MN (Google #1, MSN #1, Yahoo #2)

Posted by Jason Tangen at 11:16 AM | Permalink | Comments (0)

I can't say thank you enough to Bob Mahowald of Mahowald Insurance for fixing all of my insurance problems. 

My wife and I had originally signed up for home owners insurance with a company that was an affiliate of the bank we used for our home loan back in 1999.  Unfortunately, over the years they kept messing up.  They would mis-charge us, forget to bill our escrow account, and fail to make critical changes to the policy as we had requested.  The final straw was on one of our rental properties.  We were trying to change the policy to a fire/dwelling policy and after 2 years (that's right two whole years) of battling and still not getting it right, we decided to fire them and find someone else to provide us with insurance.

That's the back story.

I had met Bob (Robert Mahowald Jr.) through the St Cloud Chamber of Commerce's Young Professionals Dialog Group and thought he might be able to help.  Within a couple of days Bob and Karen Fouquette (specific insurance agent handling my file) got me a quote from MetLife.  Their quote was below what we had been paying with a cut rate company and the customer service was phenomenally better.  I can't stress how great it was to be able to ask a question to a real life representative and not have a number for an insurance agent.  I felt like Bob and Karen were always looking out for my best interests.

I could go on for quite some time because of how stressed I was with my previous insurance carrier.  Instead, let me just get you Mahowald's information and tell you to get a quote for yourself.  You will probably save a little bit of money and the customer service is second to none.

Mahowald Insurance Agency - http://www.Mahowald.net/

Mahowald Insurance Agency
916 St. Germain, P.O. Box 129
St. Cloud MN 56302-0129
(320)251-3751 tel
(320)251-2373 fax

Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud

http://JasonTangen.EdinaRealty.com - Search real estate in St Cloud MN

http://StCloudEdina.com - Home of the e-Market Analysis (free home value estimator)

Best on the Internet for Real Estate St Cloud, MN

Posted by Jason Tangen at 03:02 PM | Permalink | Comments (0)

Here is a friendly reminder to people as they go out and tour homes at open houses - The agent working at an open house is in contract to look out for the best interests of the seller.  If you tell them information and it is pertinent to their sellers, do you think they are going to withhold it on your behalf? 

Things to consider when going through open houses:

1) When an agent asks you if you are working with another agent, you should say "Yes."  It'll keep them off your back.  If they ask who, just give them my name.

2) Any time that substantive contact is made, price and terms are starting to be discussed, an agent is required by law to go over Agency Relationships in Real Estate Transactions with you.  It is a breakdown of the roles that real estate agents/brokers perform as it pertains to residential real estate transactions.

More questions?  You should hire your own buyer's broker to work on your behalf.  Its generally paid for out of the sellers gains at closing.

Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud, MN

http://JasonTangen.EdinaRealty.com - Search open houses in St Cloud, Sartell, and Sauk Rapids, MN

http://StCloudEdina.com/blog - Real Answers for Real Estate in St Cloud MN

Best on the Internet for Real Estate St Cloud MN

Posted by Jason Tangen at 09:31 AM | Permalink | Comments (0)