Search Shawn's Personal List of Homes For Sale

Rochester MN Real Estate Market Blog

by Realtor Shawn Buryska of Coldwell Banker Burnet

Rochester MN Real Estate Market Blog « home

 

Entries Tagged as 'Real Estate Articles'

Quick Tour of the All-New ShawnBuryska.com

March 4th, 2008 · 2 Comments

My theory throughout my career has been if you can freely offer people solid and helpful advice you’ll stand apart from crowd.
When the internet started to be used by the masses, I saw it as the perfect venue to offer buyers and sellers a resource where they could get their various real estate questions answered. [...]

[Read more →]

Tags: Real Estate Articles · Real Estate News

Understanding the “Foreclosure Crisis”

February 8th, 2008 · No Comments

For several years low interest rates and low down-payment percentages enabled home buyers to get into increasingly larger and more expensive homes. As home prices rose, home sellers took advantage of the “equity” in their existing homes to move up to even bigger, more expensive homes. Housing prices continued to rise, bringing talk of a [...]

[Read more →]

Tags: Real Estate Articles

Timing the Market: To Sell or Not to Sell in a Down Market

October 1st, 2007 · No Comments

Every book I have read on trying to time the stock market says don’t. Most financial advisors recommend getting in and staying in with the proper asset allocation for your particular risk tolerance. When the market is up you’re in good shape, and when it goes down you have some protection built in through your [...]

[Read more →]

Tags: Real Estate Articles

Your Home Inspection Report Useful After the Sale Too!

September 1st, 2007 · No Comments

When you bought your home, chances are pretty good that you paid a professional home inspector to check it out before you bought it. It may have been especially useful at the time in your decision regarding the home’s value. But do you know what you did with the report once the purchase negotiations were [...]

[Read more →]

Tags: Real Estate Articles

Why Your First Offer is Usually Your Best Offer

August 1st, 2007 · No Comments

There’s an old real estate rule of thumb that the first offer you receive is usually the best one. I’ve run into this with several listings where the seller received an offer early on, made a stiff counteroffer back to the buyer and the buyer headed for the hills. In some cases, as much as 24 months [...]

[Read more →]

Tags: Real Estate Articles

Why Real Estate Listings Expire - Part 4 of 4

July 1st, 2007 · No Comments

In a competitive market with fewer buyers, more homes for sale and longer market times, you want to do everything you can to be sure your home doesn’t linger on the market. Listings which expire without selling and often without a single offer become harder to sell at the best price.
While you can’t control the [...]

[Read more →]

Tags: Real Estate Articles

Why Real Estate Listings Expire - Part 3 of 4

June 1st, 2007 · No Comments

The real estate market is far different than it was several years ago. Now, homes may linger on the market for months or years without a sale or even an offer. Nevertheless, some properties do sell quickly. Understanding why some sell and others do not is essential to helping your own home sell quickly in [...]

[Read more →]

Tags: Real Estate Articles

Set Your Home Apart — Listing vs. Marketing

May 1st, 2007 · No Comments

When you list your home for sale, the objective is to get the most money in your pocket as possible. It seems intuitive that you would get the most money by paying the least money to get it sold. Reality, however, is that you get what you pay for.
Your listing options run the gamut from putting a [...]

[Read more →]

Tags: Real Estate Articles

Why Real Estate Listings Expire - Part 2 of 4

April 1st, 2007 · No Comments

In a buyer’s market, it’s critical that home sellers do everything they can to position their property so it will stand out from the competition. The four main reasons a property doesn’t sell are condition, staging, pricing, and marketing. Part 1 addressed condition: condition colors the buyer’s perception – a home that is in excellent condition conveys [...]

[Read more →]

Tags: Real Estate Articles

Why Real Estate Listings Expire - Part 1 of 4

March 1st, 2007 · No Comments

When you are selling your home, it is incredibly frustrating to have days, weeks, and even months go by without a sale. Worst-case — the listing expires without a sale. With increasing average market time to sale, the number of listings expiring each month is on the rise.
Understanding the reasons why listings expire can help [...]

[Read more →]

Tags: Real Estate Articles

Featured Listing

906 21st St SE
Rochester MN 55904

Listing at: $149800
Split Level
4 Bedroom
2 Bathrooms
View property

Recent Real Estate News

2008-05-13

Market Update - Rochester, MN (May 5 to 11, 2008)
In Rochester, Minnesota there are currently 1169 residential listings with an average list price of $236,425 and 156 days on the market. Last week (May 5 to 11, 2008) 62 homes went to pending (under contract).  The average list price for these... read more