Echo Press.50th Avenue Upgrade Great news for the continued development of Alexandria, MN. Once Douglas County completes Pioneer Road, the routing will be most complete to the new high school and to Grand Arbor; and of course other development in this newly enhanced corridor. Source: Alexandria, MN Echo Press
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Homestead Tax Law Changes.2011 In trying to get my arms around the Homestead Law changes, I came across this tidbit in the property tax bill. Most of you had gotten it, and most of you had felt the effects of the State not sending out the money…that’s okay. For years, we outstate folks had spent ... [Continue Reading]
I started my own real estate company again-Randy Fischer Real Estate, on January 1, 2008 right before the beginning of the Great Recession. Never before had I seen a housing downturn like this one. Interest rates are under 4%, inventory levels are at record highs and sales are sub-par. I started Counselor Realty on January ... [Continue Reading]
As of this morning there are 223 lake home properties listed in the MLS for Douglas County. Last year at this time, there were 221 listings. It appears that we are about to go over the record highs for inventory…bummer Source: Greater Alexandria, MN Area Association of Realtors Multiple Listing Service
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I was watching Warren Buffet this morning on CNBC and writing down his comments. I thought that I would share the with you… ~ US financial structure makes it easier to solve our problems ~ Election will be overwhelming tied to the economy ~ It’s going to be very difficult for Europe to solve its ... [Continue Reading]
We are doing numbers below what we were doing in 2001…the change we got the last 4 years has been tough. What goes down, must come up… New Construction Douglas County Source: Douglas County Assessor
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New Home Sales.April 24, 2012 When you look at the data, you can see that there is going to be a change at some point in home construction. Inventory is at unprecedented lows…the sales try to get going…give it some more time.
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National Assn.Realtors & Wells Fargo March Report Sales of existing homes may have slid in March, but are still up 5.2% from a year ago. Nationally, the inventory is down…some of that may be weather related. I get a kick out of writers though…actually the news for March is good…one month drop and the headlines ... [Continue Reading]
Consumer Confidence is at 69.2 for April, down from 69.5 in March. Still good numbers from the early recession days of the 20′s and 30′s numbers. Here is my chart that I started keeping from the days of the recession. Thought you might find it useful. Consumer Confidence Index Chart On another note, the Index ... [Continue Reading]
D.Cty.Assr.Sales Report.Q!.2012 I received this from the Douglas County Assessor’s office. The interesting side is the number of foreclosures and their percentage of sales. It appears that Q1 of 2012 had about 27% of the sales activity in foreclosures. This number has been holding fairly steady with the MLS statistics that I have reported earlier.
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