Alexandria, MN Tech School Housing is Coming Along

Be the first to comment on this post

What another great addition to the community. The folks who envisioned this school 40+ years ago…well, lets jsut say thank you for your contribuition to the Alexandria, MN community.

Categories: Uncategorized

Alexandria, MN School Board approves schematic design, proposed curriculum

2 Comments | Leave A Comment

The Alexandria, MN School Board members unanimously approved the schematic design drawings for the new high school.

The vote occured at the Board’s meeting on Monday.

The design includes elements such as the two three-story learning communities, the performing arts center that consists of a theatre with a seating capacity of nearly 1,100, an activities wing that incorporates five main gynasiums, and a central student commons area that serves as the heart of the school. The design capacity for the entire facility is for 1400 students.

(see attached document for rest of story)

Way to go, anxiously awaiting the day for this to be open for business.News Release for New High School

Source: Alexandria, MN Echo Press

Categories: Uncategorized

Vacancies and the Housing Recovery

Be the first to comment on this post

Housing Vacancies

A piggyback to the article earlier this week, the housing vacancy problem may be the biggest issue for some parts of the country. My best street guess is that the Alexandria market does not have this problem to the severity as some parts of the country. Again, the migration of people from areas that are losing jobs/people (aka, small midwestern towns that were built around agriculture) to larger metro/regional markets will tend to vacate some areas quicker than ever.

Source: Wells Fargo Securities

Categories: Uncategorized

Balance in the Market

Be the first to comment on this post

A Clean Slate

This author said two to three years, at least, before markets are back into balance. All of the general market data I am aware of. The author is manager of regional economics for the National Association of Realtors. His access to market data is extensive. I think that 2 to 3 years is accurate. We just went through 4 years of a recession (2008-2011).

Source: National Association of Realtors

Categories: Uncategorized

Payroll Job Creation in the U.S.

Be the first to comment on this post

Payroll Job Creation-NAR Economists Outlook

Jobs…that’s what this country needs…too many left. Buy American.

Source: National Association of Realtors

Categories: Uncategorized

Existing Home Sales: 2005-2011

Be the first to comment on this post

In reviewing the data from the National Association of Realtors, here’s how the business of home selling stacked up in terms of closed sales nationwide…

(Note-EXISTING HOME SALES measure actual closings of all home sales that are not newly built. It is an estimation based on MLS sales count but benchmarked periodically to Census data regarding household movement patterns.

Note that the Census data is needed as a third-party validator to ensure integrity to a private industry source. Census data would capture FSBO sales. However, house flippings within 12 months would not be captured by Census.)

Also, EXISTING HOME SALES was re-benchmarked in 2011. It changed the data significantly from previously reported sales information. I will upload how that process was done, shortly.

These are the current numbers after re-benchmarking…

2011: 4,260,000
2010: 4,190,000
2009: 4,340,000
2008: 4,110,000
2007: 5,040,000
2006: 6,520,000
2005: 7,080,000

No Tax Credits…(and the market is up 1.7%, it may be a sign of the market swinging up)…just a clean market with only the government buying all the mortgages. It would sure be nice to not have government involved in the real estate business at all. This should be a free market, I don’t know if that will ever be possible. I am just happy that we don’t get all the government that we pay for.

Source: National Association of Realtors Economic Research Division

Categories: Uncategorized

Commercial Real Estate: NAR Market Survey.Nov 2011

Be the first to comment on this post

NAR Comm.Survey-PART ONE

NAR Comm.Survey-PART TWO

NAR Comm.Survey-PART THREE

It has been a rough year for commercial real estate in general, some signs of optimism showing. Definitely a great time to buy.

Source: National Association of Realtors

Categories: Uncategorized

NAR Economic Forecast 2012

Be the first to comment on this post

NAR Economic Forecast.2012

Again, economic forecasting appears to be showing a bottom to this market.

Source: National Association of Realtors Economic Research Division

Categories: Uncategorized

December Existing-Home Sales Show Uptrend

Be the first to comment on this post

Dec.2011 Existing Home Sales Show Uptrend

The latest monthly data shows total existing-home sales rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December…

“These are early signs of what may be a sustained recovery,” said Lawrence Yun, NAR Chief Economist.

Source: National Association of Realtors

Categories: Uncategorized

Growth in Commercial Real Estate Markets Expected in 2012

Be the first to comment on this post

Growth in Commcl RE Mkts 2012

Signs of optimism?

Source: National Association of Realtors Economic Research Division

Categories: Uncategorized


Randy Fischer Real Estate, Inc   |   109 12th Avenue East   |   Alexandria, MN 56308   |   info@randyfischerrealestate.com. Privacy Policy. Terms of Use.

Copyright © 2019 Randy Fischer Real Estate Blog. All Rights Reserved. Randy Fischer Real Estate, Inc.