Bright News for the Future

New Construction Homes in Lakeville and Minnesota Sheryl Petrashek

How to Buy a New Construction Home in Lakeville…

Homes are springing up all over Lakeville Minnesota! New Construction areas are humming with activity and there is a smile on the face of every tradesman I encounter! If you are searching for a new home in 2013 in Lakeville, Apple Valley, Farmington or Rosemount and finding the inventory level of homes for sale very low, it might be time to try New Construction. Lot prices hit rock bottom in the winter of 2011 and by early [...]

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New Construction Worksite

Building a New Home in Lakeville, What you Need to Know…

As a Real Estate Agent for Lakeville, I can tell you with certainty that Building a New Home has become very popular in our area! It’s amazing how quickly the New Construction neighborhoods have sprung to life in the past 6-9 months!  There are neighborhoods which seemed to have gone from empty lots, to bustling homesites overnight.  I wanted to bring you some specific information about New Construction in our South of the River Suburbs, [...]

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Selling a home in 2013

Top 3 Reasons to Sell your Home in 2013…

The Real Estate Market is off to a roaring start! From my perspective and experience, I believe it’s going to be a banner year!  I can’t speak for the entire country, but I’m confident in my opinion for our local South of the River Home Sales! Below are my top 3 Reasons 2013 will be a great year if you’re considering “Selling my Home in Apple Valley, Eagan, Lakeville, Rosemount and Farmington Minnesota!” 1) Inventory Levels are [...]

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Days on Market Statistic is Down!

Twin Cities Real Estate Home Sales December 17, 2012

The chase to 2013 is on, and we are pleased by the prospects ahead. Given the upward progress of the 2012 housing market, many homeowners may find that their properties will be worth more next year. That’s a nice change of pace for potential sellers, and for residential real estate as a whole, and is a direct result of widespread improvements in the marketplace. Most of the positive trends we have seen in 2012 should [...]

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20625 Fruitwood Path, Lakeville Minnesota, New Construction Two Story

Twin Cities Real Estate Recovery in the Media

It’s in the Star Tribune, so now it’s official, the Real Estate Recover is underway! The local news media is reflecting what us front-liners have been seeing for the past 4+ months.  I’ve noticed over my 15 years of Selling Real Estate in Minnesota that the news headlines are always about 4-6 months behind the trends we are seeing.  I’m not finding fault with the media coverage, quite the opposite! Their coverage is a fantastic sign of the [...]

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Close up of Brick Home

3 Reasons to Rent your Townhome and Buy a House Now….

All signs are pointing to a brighter housing market in Minnesota! If you have been waiting on the sidelines, hoping to jump into the market and buy a home before prices increase, Get Ready, Get Set, Go! “But, Sheryl, I can’t sell my current townhome because I owe more on the mortgage than the value of the property?”  If you can secure a new mortgage without selling your townhome consider renting it this upcoming year [...]

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August Twin City Real Estate Market Video

Summer Real Estate Roadtrip – Are we there Yet?

Where has the Twin Cities real estate market been and where is it heading? This monthly summary provides an overview of current trends and projections for future activity. Narrated by Jennifer Cutter (2012 Treasurer, Minneapolis Area Association of REALTORS®), video produced by Chelsie Lopez. |Just click the embedded clip below:  

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Photo of Waterpark in Eagan MN

Eagan and Lakeville score high in the top 100 places to live….

Relocating to Minnesota? Consider living in Eagan or Lakeville, both were named in Money Magazine’s annual Best Places to Live for 2012. Eagan earned the number 14 slot with Lakeville coming in at number 19, they are both wonderful places to live indeed! We are proud to sell homes in Lakeville and Eagan and would love to show you around!  You can read the entire Money Magazine article for more details. Eden Prairie, Woodbury and [...]

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Weekly Market Activity Report Twin Cities August 11, 2012

Minneapolis and St Paul Home Prices August 11, 2012

Do you hear that? It’s the sound of carts shifting through the back-to-school aisles, filling quickly with notebooks and pencils and glue. It’s the sound of teenagers shuffling through dorms and down storied lanes on their first college orientation. It’s the sound of young professionals readying themselves for their first big job, freshly shorn and tailored. It’s the sound of a family preparing for the leap from the overcrowded apartment to the “starter” home that [...]

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Twin Cities Market Report August 6, 2012

Weekly Market Activity Report August 6, 2012

For decades now, the real estate industry has been both humbled and invigorated by the strong and direct relationship between the labor and housing markets. As goes the economy, seemingly so goes housing. That relationship was especially clear after the 2007 recession. The economy added 163,000 jobs in July, the highest figure since February. Our economy is growing, but not as quickly as many would like. Meanwhile, inventory drops and surging buyer demand from renters [...]

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