North Minneapolis St Paul Twin Cities Metro Area Real Estate

1.        Mortgage rates are expected to go up - this could mean fewer qualified buyers in the spring.

2.        People who look for a home during the holidays are more serious buyers

3.        Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you.

4.        Since the supply of listings will dramatically increase in January, there will be less demand for your particular home.  Less demand means less money for you.

5.        Houses show better when decorated for the Holidays.

6.        Buyers are more emotional during the Holidays so they are more likely to pay your price.

7.        Buyers have more time to look for a home during the Holidays than during regular weekdays.

8.        Some people must buy before the end of the year for tax purposes.

9.        January is traditionally the month for employees to begin new jobs.  Since transferees cannot wait until spring to buy, you must be on the market during the Holidays to capture that market.

10.        You can still be on the market, but you have the option to restrict showings during the six or seven days during the Holidays.

11.     You can sell now for more money and schedule a delayed closing or extended occupancy until early next year.

By selling now, you may have an opportunity to be a non-contingent buyer during the spring when many more houses are on the market for less money!  This will allow you to sell high and buy low.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the average cost per sq ft of finished living space for homes for sale by price range.  There are no homes in the $600K - $700K price range so it is left blank.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the average finished square feet of living space in single family homes for sale on the MLS in Coon Rapids listed by price range.  There are no homes in the $600K - $700K price range so it is left blank.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the average annual property taxes for single family homes currently listed for sale.  It does not reflect the tax status of homes that are not listed on the MLS.  There are no homes listed in the $600K - $700K price range.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the average cumulative days on market (CDOM) by price range.  The cumulative data includes days from previous listings of the same home within a 12 month period.  When the CDOM is greated than the DOM, it usually means that the home has been on the market within the past year and has either expired or was cancelled and then relisted.  There are no homes listed in the $600K - $700K price range.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the average days on market for all single family homes in Coon Rapids listed by price range.  There are no homes in the $600K - $700K price range so it is left blank.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

There are a total of 310 Single Family homes currently listed for sale on the MLS in Coon Rapids, Minnesota (as of November 29th, 2007).  The average list price is $247,726.

When compared to the same time last year, the number of new listings in Coon Rapids was up 4.4% for October while the average sale price dropped by 11.9% and the percent of the original price compared to the actual sale price dropped by 3.3% and now stands at 94%.  This is definitely a red-hot buyer's market.

Coon Rapids is located in south central Anoka County.  It is a mature suburb that has been recognized as THE most affordable place to live in the Twin Cities by local TV and new entities.  Money Magazine lists it as as one of the best places to retire in 2006.

The city borders the Mississippi River on the south.  Coon Rapids has many parks, a growing new retail area (Riverdale area), and much of the city is covered with mature trees.  It is home to the Anoka Ramsey Community College and its hospitals and schools are the city's biggest employers.

The chart below shows the distribution of homes listed for sale by their price range.  There are no homes in the $600K - $700K price range so it is left blank.

© Copyright Patti Ann Kasper 2007 All Right Reserved.

Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for November 29th, 2007.

This charming Coon Rapids home is located on a quite side-street within walking distrance of Anoka-Ramsey Community College.  This central Coon Rapids location is near a bus line, parks, and schools.  With three bedrooms on the same level and a 4th on the lower level, this is a great home for a new family.

















Your new home is move in ready with a fresh coat of paint, new roof, siding and kitchen appliances, 22x20 low maintenance deck, unique floor plan + workshop and utilitiy.

Location Location Location!  Sometimes a picture (or in this case a chart) makes all the difference.  The chart below is a comparison of the counties in the Twin Cities metro that I cover.

For reference, here is a list of the major cities in each county:

Anoka County - Anoka, Blaine, etc.
Washington - Forest Lake, Cottage Grove, Stillwater, etc.
Hennepin - Minneapolis, Minnetonka, etc.
Ramsey - St. Paul, White Bear Lake, etc.
Sherburne County - Elk River, Monticello, Princeton, etc.
Wright County - Otsego, Buffalo, Cokato, Maple Lake, etc.

As you can plainly see, you loctaion makes all of the difference.  That's why in you need a geographic expert - to evaluate your specific location and market conditions.

I enhance your negotiating position by incorporating the latest Geographic Analysis and Geographic Information technologies.  My technical approach to the North Metro's real estate market correctly prices your home and pinpoints the babbling brook, tall trees, or quite cul-de-sac that you seek.  I am determined to make you the best informed home buyer or seller in your neighborhood - because when it comes to real estate, knowedge is power - and it saves you money!

I primarily focus my attentions on the Northern Metro Suburbs of the Twin Cities, in Minnesota including: Lino Lakes, Blaine, Coon Rapids, Andover, Ham Lake, Columbus Township, Linwood Township, Lexington/Circle Pines, Champlin, Anoka, Ramsey, Elk River, Otsego, Monticello, Big Lake, Becker, Burns Township, Maple Lake, Rogers, Dayton, Albertville, St. Michael, Fridley, Spring Lake Park, Arden Hills, Shoreview, New Brighton, Mounds View, Maple Grove, Osseo, Forest Lake, Centerville, Scandia, St. Francis, Oak Grove,  Columbus Township, and East Bethel.

Geographic Information Systems and Cartography Industry Affiliations

Geospatial Information & Technology Association (GITA). 

Minnesota Geographic Information Systems/Land
Information Systems (Mn. GIS/LIS) Consortium  

Cartography and Geographic Information Society (CaGIS)

Real Estate Industry Affiliations

• North Metro Realtors' Association.
• Minnesota Association of Realtors.
• National Association of Realtors.
  
            

• Working with Buyers - First time or experienced buyers.
• Working with Sellers - Aggressively marketing your listing.
• Working with Investors - Analyzing profit potential.
• Previewing homes for buyers, especially those with physical challenges.

Professional Experience

• Using geographic analysis to help buy or sell your home.
• Analyzing the Twin Cities real estate market.
• Researching your preferred neighborhood.

My geographic and technical skills give me an edge in the north Metro Twin Cities area real estate market:

• Statistical data analysis used to determine optimum price
• Geographic analysis of your home and neighborhood
• Internet skills to market your home on a myriad of websites and blogs.

My technical nature makes me very detail oriented:

• Making YOU the best informed buyer or seller in your neighborhood
• Information is power and in negotiations, information is money in your pocket
• Keeping you up to date with the latest data weekly.

My Team and I at EXIT Realty Executives:

• Make decisions
• Make things happen
• Direct a team to a goal
• Understand all facets of the business
• Responsible for overall success of project

Give me a call today! 

Even in a market that has shown some softening, nice homes that are priced right are still selling.

It may be that homes in the upper price ranges in the Twin Cities North Metro Area are suffering, but the $175,000 - $275,000 homes are still moving when they are appropriately priced for their location, style, age, and condition.  While some first time home buyers may have fallen out of the market due to more strict lending practices; investment buyers are out there hunting in the same price ranges and looking for good deals.  It pays to know the absorption rate for different market segments as well as for your specific location.  Just because the new luxury homes in Blaine's "The Lakes" development are sitting on the market for over a year - that doesn't mean a nicely priced starter home or town home in the same area is going to be difficult to sell.

What new anchors and pundits like Charlie Gibson or Jim Cramer say on ABC and CNBC may be 100% accurate for their area or on the nationwide statistics; their data and predictions are not necessarily true in YOUR local real estate market.  There are several areas of the country where the statistics do not reflect the gloom and doom forecasts you see on television as of late.  In some respects, current market conditions are closer to "normal" or neutral  than they have been in a very long time.

One of the biggest factors that is having an effect on the LOCAL real estate market is the fact that there were huge tracts of wetlands in Anoka County that became exempt from federal protection and were developed.  There is a large number of newer, larger, and luxury homes that have been built in the past 10 years.  Yet Anoka County has a substantial number of nice starter, move up, and luxury homes that were built in the 60's, 70's, and 80's.

Absorption rates are a important factor to consider determining the price your home, but you need specific local information.  Absorption rates are calculated by taking the number of homes currently available for sale and using previous sales records to estimate how many months it will take (statistically speaking) to sell all of the homes currently listed on the MLS.  In other words, if no more homes were placed on the market, how long would it take for all of the homes currently listed to sell?

This can be further analyzed by factors like the age or style of home.  For example, in Anoka County, using the latest month's sales figures and the current number of active listings, it would take 11.06 months to sell all of the single family homes in the county.  Townhomes would take 12.16 months, Condos would take 6.6 months, and Twin Homes would take 12.6 months.  Now let's break that down and compare that to a couple of cities in Anoka County.


Based on information from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC for the period of September 1, 2007 through October 17, 2007.

Look at the huge difference between the absorption rates on single family homes in Coon Rapids when compared to Oak Grove!   The numbers indicate that it can take as much as three times longer (# of days on market) to sell a home in Oak Grove than it would in Coon Rapids.  And when you compare Oak Grove to all of Anoka County, it could take up more than two times longer to sell.  If you just had the statistics for Anoka County you wouldn't be getting an accurate picture of your specific situation.  So you can see how important it is to ge the most up to date and accurate LOCAL information so that you can make the best real estate related decisions possible.

These numbers are actual, but were chosed specifically to show a how large a difference there can be between geographic locations within Anoka County.  They  will "go out of date" quickly.  Please contact me for the latest and most specific informaiton for YOUR home and neighborhood.

If you are considering selling your home, now more than ever, you need my expertise and access to accurate local information.  Feel free to contact me through my website, email me, or give me a call.