New President, New Real Estate Climate?

There's much "change" in the air around the world today. And there is also change happening on the streets of the Twin Cities metro area, as the number of new listings appearing in our Weekly Market Activity Report takes its ascendant year-opening uptick. Despite the increase, new listings for the week ending January 10 have not quite matched the numbers seen at this time period last year (down 7.6 percent), and pending sales are riding a healthy clip above where they were last year (up 19.4 percent) as more homeowners pour back into the market after the year-end transition.

As a summation of how most of 2008 went, total active listings for the year finished down 10 percent from the year before. Time will tell if the flurry of optimism associated with today's presidential inauguration will work its way into the economy, the housing market and, specifically, the Twin Cities housing arena. Hope meets anxiety at the crossroads of 2009.


Posted by Dan & Lisa Basil on February 08, 2009 at 08:18 AM

About Dan & Lisa Basil
Since 1973, the Basil family has been helping people in the Twin Cities buy, sell, and build their Real Estate dreams. With top producing agents in our office, a highly regarded reputation in the Real Estate Community, and a history of doing what is right for our customers, The Basil Group is the perfect fit for your next Real Estate transaction. Contact The Basil Group and receive "Extraordinary Real Estate Service" for yourself.



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Local Information for Plymouth, MN

Latitude: 45.111106 -- Longitude: -93.451915


Other Area Cities:   Maple Grove  Hopkins  Minnetonka  Champlin  Anoka  Wayzata 

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Over the last 10 years Maple Grove has grown into one of the most populous cities in the state of Minnesota. As of 2000 it was the second fastest growing city in the state behind Lakeville, Minnesota. Recently a huge expansion has gone on in Maple Grove called the Arbor Lakes Project. This has added many new businesses especially in the new inside-out mall. Some of the notable businesses include Borders Books & Music, Sharper Image, Circuit City, Caribou Coffee, Subway, TGI Fridays, DSW, Lowe's, REI and a Holiday Inn & Suites with a Waterpark. -- Source: Wikipedia.com




Minnesota 2000 Census Population Profile Map

Maple Grove Minnesota United States
Population 50,365 4,919,479 281,421,906
Median age 34.4 35.4 35.3
Median age for Male 33.7 34.4 34
Median age for Female 35 36.3 36.5
Households 17,532 1,895,127 105,480,101
Household population 50,297 4,783,596 273,643,273
Average household size 2.87 2.52 2.59
Families 13,951 1,255,141 71,787,347
Average family size 3.24 3.09 3.14
Housing units 17,745 2,065,946 115,904,641
Occupied units 17,532 1,895,127 105,480,101
Vacant units 213 170,819 10,424,540

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Dan & Lisa Basil - Coldwell Banker Burnet
Dan & Lisa Basil
Coldwell Banker Burnet


4100 Berkshire Lane N
Plymouth, MN 55446

VOICE: 763-550-3888

FAX: 763-559-1258



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