Twin Cities Real Estate Market Booms In November

Brace Helgeson

Sunday, December 13th, 2015Dec. 13th, 2015

A combination of warmer than usual weather and continued low mortgage rates may have impacted the boom in the Twin Cities real estate market last month. Typically in the month of November we see home sales begin to slow, but that was not the case this year. Once again we have seen an increase in demand with buyers out in full force, and the supply of homes for sale not meeting demand. Mortgage rates are expected to rise in the months to come, which is another factor encouraging buyers during this time of year.

There were 3,497 signed purchase agreements across the Twin Cities metro area in November, up 18 percent over this period of time last year according to the most recent report from the Minneapolis Area Association of Realtors. In November we saw an increase in the number of homes on the market by 11.5 percent, but with increase in demand for homes in November the month ended with the total number of homes available being at 18.5 percent below what we saw this time last year.

Demand is high and supply is low making this holiday season the perfect time to sell your home in the Twin Cities metro area. Our group specializes in Eden Prairie Real Estate,Chanhassen Real Estate,Chaska Real Estate,Lake Minnetonka Real Estate,Edina Real Estateand West Bloomington Real Estate.

Brace Helgeson Coldwell Banker Burnet

Licensed in Minnesota/Lic # 92065

Tags: Homes for Sale, Minneapolis Housing Market

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Reviews

I met Ryan after my house was on the market with a previous realtor for several months. I was discouraged, confused and strapped with a high mortgage after my divorce. Ryan stepped in and saved the day! He was very patient, knowledgeable about the industry and had all the right networking mechanisms in place. He worked extremely hard to sell my house which was poorly marketed initially and on top of that the market had just spiraled downward. This was a very emotional time in my life as I had already built another home but could not move in until the current home sold. One month prior to my house selling I lost my newly built home to a non-contingent buyer. The kids and I were devastated! Ryan pulled through again. He found us a beautiful home in the same development with even more up-grades than the house we built. This would not have been possible had it not been for Ryan’s excellent negotiating skills! Ryan is an exceptional realtor and with his wonderful staff behind him there is no team more qualified to handle your real estate transactions! Hire the best first. Hire Ryan!

Lynn Gilbert

We sold our home with Brace in 60 days, when we received the first offer from our Buyer. Brace and his team were a true asset in pricing our home right, in making the key advantages of our home be noticed by buyers throughout the marketing materials,and in the ensuing negotiation after we received the offer. Brace knows Eden Prairie inside and out, and better than any other Realtor. He understood that this one was the offer, and prepared us to position the negotiation to maximize our revenue. We will say it again.. if your property is in the southwest metro, look no further! We do unconditionally recommend Brace and his team to anyone selling a home here. Thanks Brace!

Jorge & Stella Fernandez

We have had the unique opportunity to utilize Ryan in two relocations, both moving to Minnesota and out of Minnesota. Ryan’s enthusiasm, professionalism and attention to detail made the sometimes stressful selling and buying experience much less daunting than it would have been without his help. In buying a new property, he was very observant to our wants and needs, previewed properties and didn’t waste our relocation weekends showing us homes we wouldn’t be interested in. He has the great ability to understand quickly what we liked or disliked, and offered a professional opinion instead of not really having much to say, as many brokers do. He has up-to-date and in-depth knowledge of the local real estate market. As far as selling our home, Ryan’s sales strategies have been very helpful to us and has given us confidence in the decisions we are making to sell our home.

Larry and Colleen Caplan

Brace Helgeson sells houses under $300K? We didn't know! Brace has a strong brand in EP but we almost didn't call him as we thought he only handled high end houses. We had 3 Realtors out to look at our EP house in Jan 2012 and went with Brace due to his strong reputation and expertise in the area. During the tough housing market the past 2 years, we felt we needed someone with this level of expertise to sell our home. We had it picture perfect and priced right. Brace's team capitalized on this and had it sold in basically a weekend with pre-listing marketing. We also had friends we referred to Brace who were overwhelmed with the amount of work to be done on their house in order to even list it. Brace sent his team in and had it ready to list within a month. We would strongly recommend using Brace and his team!

Julie and Steve Melbye

My wife and I were in a major time crunch to get our home sold because our new home was built ahead of schedule. We needed someone with area expertise and the ability to move quickly. Our mortgage broker recommended that we contact Ryan. After a brief discussion, he was ready to get the home listed. It was photographed, staged and ready for sale within a few short days. AND he had it sold within a few weeks! We were able to make it into our new home on time without having to move twice because of Ryan. We couldn't be happier

Ryan Mason

We would like to thank you for selling our home. We were very pleased with the outcome.
All of you were a pleasure to work with. You were responsive and professional. We are very satisfied customers.
We wish you the best of continued success!

John & Kris Flesch

My experience with The Brace Helgeson Group has always been pleasant. I've been using them for about five months and they've been very helpful and professional. I think it's very important to have a good Realtor when selling your house, that's key. The Brace Helgeson Group is professional and helpful!

C.K. Lam

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