All markets have ups and downs, and the real estate market is no exception. When activity slows in real estate, asking prices come down, and that’s what we’ve been seeing in the last few months. The good news is that buyers are responding. They are calling us, coming up to view properties, and purchasing that lake home or cabin they’ve been dreaming about. Buyers are finding value.
Living through a real estate market in transition is difficult for sellers (and for real estate professionals, too). However, the market always works itself out, and will move to the place (i.e. price) where a willing buyer and a willing seller meet. Formerly I had been a commodity trader and it was there that I came to really understand the process of how to handle a quickly moving market on a daily basis. Experienced guidance and counsel are very important in a market in transition. As a buyer or seller spend time finding an experienced agent, someone you can feel confident working with. They can help guide you to a good value.
So ask yourself, what are you dreaming about? What picture comes to your mind when you think about that special lake place ‘Up North’? What do you value? Now spend some time searching through some of the great listings here on lakeshoredreams.com, or on one of the many great sites linked through this one. Or check out our website at billhansenrealty.com. Now’s the time to find that dream property. Keep looking and I bet you’ll find it.
It’s time to make the dream a reality.
P.S. This spectacular Leech Lake home is offered for $699,000 (MLS #178807). Check it out on our website, and then give me a call!
