White Bear Lake, MN Real Estate News

By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Home sales took a bit of a hit in White Bear Lake, Minnesota as home less homes closed for less dollars in 2008 versus 2007. In this Northern Ramsey County city home sales dropped just over 14% but inventory levels should stay the same as there were just over 13% newly listed homes too. The average sales price took a 20% hit as fewer homes over $250,000 are selling anywhere in the Twin Cities. Days on the market it up as it took over a month more time to sell a home in 2008 than in the previous year. With affordability up and prices and interest rates down, now is a great time to consider purchasing a White Bear Lake home.  If you are buying, selling or relocating to Minnesota and need help from a professional REALTOR®, give me a call or visit my website for a FREE Relocation Packet or...
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Today's economic data had little impact. November Pending Home Sales fell -4% to 82.3, below the consensus of 88.0, to a record low. December ISM Services came in a little higher than expected, while December Factory Orders fell short. The FOMC Minutes from the December 16 Fed meeting showed broad support for the rate cut to a 0.00% to 0.25% target rate and for the use of unconventional tools. Fed officials were concerned about the risk that the economic slowdown will last longer than expected. Surprisingly, though, with MBS prices remaining near the highs for the day, some investors issued unfavorable repricing this afternoon. This was most likely due to capacity constraints. MBS markets gained for a second day following the Fed's announcement about MBS purchases, while Treasuries were...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
The late (and great) comedian George Carlin once quipped about stepping out of status quo; "I put a dollar in one of those change machines. Nothing Changed." Dry humor yes, but a bit profound too...People seem to want change to happen to them without doing much of anything. But real positive change takes time and hard work. And, once the wheels are set into motion, the rewards are endless.Just after Thanksgiving, I decided that I wanted to change my business in 2009. I spent over five wonderful years working as an agent under the Keller Williams Premier umbrella but sometimes a change will energize an individual and provide a more dynamic future. So without any decisions being made, I started interviewing brokers to see if there was a better fit out there for me and most importantly one...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Saturday was a perfect autumn day in Minnesota if you enjoy Mother Nature's eye candy! The fall colors were just starting to burst in White Bear Lake area. Around every corner there was another tree showing the signs of the crimson red, golden yellow, bittersweet orange or burgundy that was soon to appear. It was the perfect time to take a break from photographing interiors and exteriors that are so common in real estate and take some fun photos of the natural beauty unfolding in the Twin Cities. Here are just a few of shots I took that showcase some of the beauty found on an autumn day in White Bear Lake, Minnesota. Boaters along the shore of White Bear Lake.   End of the season sail across the lake. Just look at the color starting to burst across the water.   Street shot of White Bear...
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By Thomas Janos
(The Janos Group / Real Estate Affiliates Services, Inc.)
  July 24, 2008 Marketfest Downtown White Bear Lake, 6 - 9 PM Marketfest is a free summer festival featuring live entertainment on two stages, children's activities, a farmers market, a classic car show, a petting zoo, covered wagon rides, over 150 vendors offering a wide variety of products, and much more! Kowalski's Gazebo: Big Walter Smith Qwest 3rd Stage: John Evans & Dan Perry For more info, go to www.Marketfest.org July 31, 2008 Marketfest Downtown White Bear Lake, 6 - 9 PM Marketfest is a free summer festival featuring live entertainment on two stages, children's activities, a farmers market, a classic car show, a petting zoo, covered wagon rides, over 150 vendors offering a wide variety of products, and much more! Kowalski's Gazebo: Brady's Big Band Qwest 3rd Stage: Tim Brown & ...
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By Thomas Janos
(The Janos Group / Real Estate Affiliates Services, Inc.)
  We here at The Janos Group continuously monitor local real estate statistics to keep our clients and neighbors informed and ahead of the real estate trends.  Below you will find the White Bear Lake Real Estate statistics for the month of June 2007 compared to June 2008 as well as the year to date comparison.  White Bear Lake June Year to Date   2008 2007 Change 2007 2008 Change New Listings 77 50 -35.1% 376 332 -11.7% Closed Sales 18 20 +11.1% 142 103 -27.5% Average Sale Price $274,703 $230,497 -16.1% $269,359 $212,355 -21.2% % of Orig List Price * 96.7% 94.5% -2.2% 95.7% 92.2% -3.6% Average Days on Market  ** 132 173 +31.2% 138 164 +18.6% Single-Family Detached Inventory 159 140 -11.9% - - - Townhouse-Condo Inventory 67 67 -0.0% - -...
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By Thomas Janos
(The Janos Group / Real Estate Affiliates Services, Inc.)
Elementary Schools Birch Lake 1616 Birch Lake Ave White Bear Lake, MN 55110 OFFICE: 653-2776 FAX: 653-2778 ATTENDANCE LINE: 653-2777 HEALTH OFFICE: 653-2624 K-5 Ms. Becky Berkas PrincipalJason Healy, school coord. Centerpoint 2530 Spruce Place White Bear Lake, MN 55110 OFFICE: 653-2847 FAX: 653-2849 ATTENDANCE LINE: 653-2848 HEALTH OFFICE: 653-2857 K-5 Ms. Susan Donovan Principal Mr. John Leininger School Coord. Ms. Rebecca Peterson School Coord. Lakeaires 3963 Van Dyke St White Bear Lake, MN 55110 OFFICE: 653-2809 FAX: 653-2811 ATTENDANCE LINE: 653-2810 HEALTH OFFICE: 653-2612 K-5 Ms. Susan Donovan Principal Lincoln 1961 Sixth St White Bear Lake, MN 55110 OFFICE: 653-2820 FAX: 653-2822 ATTENDANCE LINE: 653-2821 HEALTH OFFICE: 653-2829 K-5 Mr. Dan Schmidt Principal Oneka 4888 Heritage ...
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By Thomas Janos
(The Janos Group / Real Estate Affiliates Services, Inc.)
We here at The Janos Group continuously monitor local real estate statistics to keep our clients and neighbors informed and ahead of the real estate trends.  Below you will find the White Bear Lake Real Estate statistics for the month of May 2007 compared to May 2008 as well as the year to date comparison.  White Bear Lake May Year to Date   2008 2007 Change 2007 2008 Change New Listings 66 79 -16.5% 299 282 -5.7% Closed Sales 27 27 -0.0% 122 83 -32.0% Average Sale Price $209,958 $260,583 -19.4% $266,619 $207,984 -22.0% % of Orig List Price * 93.4% 94.3% -0.9% 95.1% 91.6% -3.6% Average Days on Market  ** 154 141 +9.7% 136 162 +18.7% Single-Family Detached Inventory 153 141 +8.5% - - - Townhouse-Condo Inventory 72 63 +14.3% - - - Information obtained by the Minneapolis Area Association o...
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By Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro
(Boardman Realty)
Buying a car in the north and east Twin Cities metro usually means a trip down Highway 61. It is the mecca of new and used cars! Ever since I can remember one a huge Uniquely Minnesota Artful Distraction, the big polar bear at Polar Chevrolet, has been greeting auto buyers from the shore of Goose Lake just outside of the city of White Bear Lake. There were years where the polar bear donned sunglasses and a painted swimsuit in the summer or a scarf to ward off the winter cold but this year he is just bare. For nearly half of a century, the giant bear has towered over cars enticing buyers and delighting youngsters. As toddlers, my own kids loved to pass the bear as we traveled up from North St. Paul to Forest Lake. From time to time we still take the slower route up Hwy 61 when returning ...
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By Matt Jonasen
(Greater Midwest Realty)
White Bear LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find White Bear Lake’s real estate statistics for June 17 – June 23, 2007. New Homes on the Market: 26 Number of homes accepting offers (pending): 0 Number of homes closing (sold): 2 Number of homes Expiring from Market: 3 Average Days on Market: 18 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about White Bear Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & ...
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By Matt Jonasen
(Greater Midwest Realty)
White Bear LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find White Bear Lake’s real estate statistics for June 10 – June 16, 2007. New Homes on the Market: 16 Number of homes accepting offers (pending): 7 Number of homes closing (sold): 3 Number of homes Expiring from Market: 4 Average Days on Market: 67 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about White Bear Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & ...
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By Matt Jonasen
(Greater Midwest Realty)
White Bear LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find White Bear Lake’s real estate statistics for June 3 – June 9, 2007. New Homes on the Market: 14 Number of homes accepting offers (pending): 7 Number of homes closing (sold): 1 Number of homes Expiring from Market: 1 Average Days on Market: 30 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about White Bear Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & Ta...
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By Matt Jonasen
(Greater Midwest Realty)
White Bear LakeMinnesota Real Estate Market Conditions We here at Team PROgressive continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find White Bear Lake’s real estate statistics for May 27-June 2, 2007. New Homes on the Market:24 Number of homes accepting offers (pending):2 Number of homes closing (sold):6 Number of homes Expiring from Market:11 Average Days on Market:43 To find the value of your home with a free, over-the-net home evaluation, please click here. If you would like a free list of homes for sale in this area/neighborhood, would like more information about White Bear Lake or would like to know about hot new listings before other buyers do, then give us a call at Team PROgressiveMike & Tammi Va...
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