As of this morning there are 339 active residential listings in Douglas County in the MLS.
The previous one day high was set on July 15, 2010 at 338 residential listings in Douglas County.
Source: Greater Alexandria Area Association of Realtors Multiple Listing Service
This year, July…59.5
Last year, July…50.4
2009, July…47.4
Almost a 6 point average increase per year since the lows of 2009.
Source: Consumer Conference Board
Grand Arbor is coming along…what a great addition to this community! The need is evident with a 100+ people waiting to get in!
Thank you Knute Nelson for having the courage and the fortitude to go ahead with this project.
Voting for a new high school. I hear people say “spend $40,000,000 on Jefferson”.
What?
To spend $40,000,000 renovating a Model A to save $24,000,000 is ludicrous.
I would rather spend $64,000,000 if I could make $100,000,000.
I do not know the complete financial outcome of how much of an investment return we could make from building a new high school, but the thought of not investing the $64,000,000 to create the opportunity blows my mind.
The Tech College currently has 3000 students. What if they could grow that to 6000 students? Do you have any idea the amount of revenue that is created per 1000 students to this economy?
Do you know the financial impact to this community if Douglas Machine Corporation adds 150 new technical jobs?
The hospital desperately needs more real estate…what does 50-100 new medical jobs create in revenue to this community?
When will Alexandria stop growing?
Do we not want more and better jobs to come to this community?
Voting no for this community’s new high school is borderline ______________(fill in the blank).
Invest in childrens education, that way you have to someone to make your Social Security payments…think about that for awhile.
It stuns me to think that people of this community even question building a new high school. Jefferson High School is shot…it’s over, crush it, tear it down, get rid of it…it has no future value other than landfill.
People…this community is pregant with opportunity but some are afraid to give birth.
Invest $64,000,000…it will all come back, with interest.
Everyone is entitled to their opinion, but a new high school? Come on, that’s a no-brainer!
Housing Starts, nationwide, seem to have a little bit of an uptick.
Source: Greater Alexandria Area Association of Realtors Multiple Listing Service
HOUSING REPORT.MarketDate7.25.11
Take time to read this quick report. It suggests current market data…
Bottomline…the “herd” is moving into a rental position. Rentals are hot, rents are going up…PEOPLE SHOULD BE BUYING!
Remember, do the opposite of the “herd” and you will profit. That’s my opinion, what’s yours?
Source: Wells Fargo Securities
As of this morning in the Alexandria, MN MLS there were 327 residential listings in Douglas County. Maximum ever was 338 listings, which was last year on July 15th.
Lakehomes…new inventory record! As of this morning, 271 listings in Douglas County.
These are listings in the Alexandria, MN MLS system. Obviously there is more inventory with properties for sale by owner, etc.
But in doing comparing data from one day to the next…the MLS data is very pure.
Source: Greater Alexandria Area Association of Realtors Multiple Listing Service
New High School in Alexandria,MNIt is now in the hands of the voters to decide the fate of the new high school. At a cost of $64,000,000, I think that the best options for the future of Alexandria, MN is this new high school.
A new jail, a new police station, a new public works building…these were never voted on by the taxpayers.
The jail ain’t for kids, the school is. For a lot of reasons, let’s vote yes on the new school!
As of this morning, we have 269 lakehome/cabins listed for sale in the Alexandria MLS system that are located in Douglas County.
The previous record of lakehome/cabins listed at any one given time was set last year on July 23rd, 2010 at 268 listings.
Sales are down, inventory is up…heck of a good time to buy a lake property!
Source: Greater Alexandria Area Association of Realtors Multiple Listing Service
In a nutshell….
More foreclosures
Housing recovery will drag on for awhile…1-2 years?
Estimates for 2012 look good…Housing Starts will be up, Existing Home Sale predictions are up!
Inventory of New Homes for Sale is at an all-time low! Historical average is around 300,000 units, we have 167,000 for sale in this country. It was near 570,000 units at the end of 2006.
New Home Sales are in the toilet…lowest ever…The Good News? It can only go up from here.
Inventory of used homes for sale, still elevated near 4,000,000 for sale.
Months supply of New Homes, 6.2 months…was 12.
Existing Home Resales…Looking good at around a stable 5,000,000 units/year… the downside is that about 35% of those sales numbers are distressed properties.
Source: Wells Fargo Securities
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