Lakewood Terrace Just built here in Alexandria, MN. There are 32 units here in a good central location. Most of the units are over 1000 square feet, balconies…rental price I understand is around $1400/month.
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As of this morning, in the MLS, there are 264 lakehomes listed for sale in Douglas County in the local MLS system. The highest number of lakehomes ever listed for sale was last year on July 23rd. At that time, there were 268 lakehomes listed for sale. We are running a close parallel to that ... [Continue Reading]
HousingStarts.May2011 This data is showing a significant drop over the past couple of years in housing starts. Existing home sales is having difficulty in leveling off “so to speak”. The market in Alexandria, MN would show a close parallel to this national curve. Now that the days of the tax credit are gone, this market ... [Continue Reading]
ABC’s of ExchangingI found this article; it’s a summation of Tax-deferred Exchanging in a basic format for all of us to understand. The author is named on the last page…
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Public Utilities.Alexandria,MN I thought that you may find this interesting for the utility info for the Alexandria Lakes Area. One of the articles about the ALASD utility is their plan for the growth of Alexandria. There are many others besides me who are planning for the future here in Alexandria. I wonder what other towns ... [Continue Reading]
In residential homes for sale there are 639 listings in our local MLS. Comparing with other peaks in the past years: 2010: 688 listings as of 7.30.10 2009: 617 listings as of 9.30.09 2008: 658 listings as of 8.28.08 2007: 663 listings as of 7.13.07 2006: 657 listings as of 6.30.06 2005: 482 listings as ... [Continue Reading]
Condos/Townhomes closed on the water since the first of the year in Douglas County totalled 3 sales. Here’s how this stacks up with the other years… 2011: 3 Closed Sales Condo/Townhome Lakefront in Douglas Cnty since the 1st of the yr. 2010: 3″ 2009: 5″ 2008: 8″ 2007: 7″ 2006: 5″ 2005: 4″ 2003: 9″ ... [Continue Reading]
The sales for residential (non-lake) condo/townhome sales here in Douglas County for the first half of the respective years are as follows: 2011: 14 closed sales first-half of the year in Douglas County 2010: 16″ 2009: 12″ 2008: 18″ 2007: 14″ 2006: 25″ 2005: 15″ 2004: 18″ 2003: 14″ 2002: 12″ 2001: 8″ 2000: 9″ ... [Continue Reading]
In the Alexandria, MN market, it appears that the bareland market is holding it’s own. It’s about half of the peak from the past, but nonetheless, there is still considerable sales activity. With the advent of new construction sales being lowit is understandable why the sales numbers are lower at the moment. In review; 17 ... [Continue Reading]
In our MLS system here in Alexandria, MN, we have closed 3 lake lots since the first of the year in Douglas County. This is our worst performance ever. It shows the depth of this recession as lakelots are not a “need”, they are a “want”. I think that it will be awhile before this ... [Continue Reading]
