Only Careful Listening Yields True Homes For Sale Prospects

Only Careful Listening Yields True Homes For Sale Prospects

It never ceases to amaze: the way media news briefs can state a set of facts that, despite being literally accurate, leave listeners with a mistaken impression. For local homeowners making up their minds whether the timing is right for putting their own St. Cloud homes up for sale, this last week provided a fine example.

One newscast in particular would seem to be off-putting. It’s true that when measured against the same period a year earlier, the national home sales levels had been weak. That made the one news blip that came over the satellite radios in many St. Cloud autos all the more convincing. Listeners might have concluded that throughout the country, potential home buyers were staging a disappearing act. That kind of discouraging news could well put a damper on those contemplating putting up their own St. Cloud homes for sale.

The real estate item was the final one in Friday’s on-the-hour news, which repeated hourly. The announcer’s voice delivered the bad news in matter-of-fact tones: “New home sales tumbled last month, dropping almost thirteen percent. Higher prices combining with a limited inventory sidelined many would-be buyers.

When you’re thinking about selling your house, that’s hardly encouraging news—even if you’re aware that statistics can be interpreted seven ways from Sunday. The announcer’s rapid-fire delivery would have had all but the most careful listeners convinced that they faced a significantly difficult market—one that “sidelined many would-be buyers.” But the first word in the brief was critical: “New.” The “tumble” in sales affected only new home builders—probably because enough hadn’t been built!

The actual relevant news had been released by the National Association of Realtors® on last Wednesday. Existing home sales had “surged by 2.5%” in July! And June’s sales numbers were revised upward. Several analysts were quoted as opining that “U.S. housing markets seemed to be bolstering…” 

Actually, given the phenomenon of July’s cut in already bargain-basement mortgage rates, a rise in home sales activity was hardly unexpected.   

For local homeowners aware of the fuller picture, the prospects in today’s market are welcoming. Of course, whether (and when)—to put your own St. Cloud home up for sale is always a multi-tiered decision. It’s based on any number of personal and financial considerations. But fear that all the home buyers are “sidelined” should definitely not be one of them. I hope you’ll call me for the latest on our own St. Cloud activity!

White Grey and Red Wooden House

Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota. We have agents specializing in residential, commercial, multifamily, new construction, existing, investment properties, foreclosures/REO, and short sales with offices located in: 

Five Office Locations To Serve YOU!

St. Cloud      320-259-4554
Princeton      320-983-3555
Maple Grove 763-565-2000
Hutchinson   320-455-9127
Litchfield      320-298-1140

 

Premier Real Estate specializes MANY areas around Central MN including St. Cloud, Waite Park, Rice, Royalton, Sartell, Royalton, Little Falls, Cold Spring, St. Joseph, Elk River, Monticello, Ramsey, Saint Michael, Andover, Ham Lake, Anoka, Champlin, Buffalo, Glencoe, Brownton, Silver Lake, Kandiyohi, Dassel, Minneapolis, Maple Grove, St. Louis Park, Saint Paul, Robbinsdale, Crystal, New Hope, Brooklyn Center and more! 


Noel Johnson Headshot
Author:
Phone: 320-980-3100
Dated: August 28th 2019
Views: 138
About Noel: Passion for investing in real estate brought me to create Premier Real Estate Services in 2002. Ten ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Its That Time Again 2020 Real Estate Predictions - Now that we’re almost to
Nov 11 2019 24220 1 - Last week’s email to the Wall
Your Decor Secret Weapon Books - Does your home need a design
Staging A Bedroom For Everyone - Different bedrooms have different

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Premier Real Estate Services
550 25th Avenue North
St. Cloud, MN
320-259-4554


Other Locations