Friday, October 4, 2013

Welcome to Fall

The seasons have changed and with it the real estate market changes a little bit too. For a seller you can see less buyers; maybe. For a buyer you can see less competition for that dream home and you can see less homes on the market; maybe. The real estate market is fluid in that it changes from week to week. We've seen a few more homes listed over the past week than we did a couple of weeks ago. The government uncertainty will add a twist to the market as well. If you're looking to buy and using a government backed loan you could be in for a wait and a wait that no one can say how long.

Interest ticked up but came back down some in recent weeks but not many people noticed. Still a great time to buy or sell for everyone from the First Timer to a Move Up Buyer. The Foreclosure Market is almost gone for now which is a good thing. Did you know that having a property for sale as a result of a foreclosure could have bearing on the value of your home? If you decide to sell and the home down the street is about the same style, year etc. an appraiser could use that as a comparable sale. If that sale is lower than yours, it could drag yours down and hinder your sale.

Check out our website for the latest homes on the market -- www.krhomes.com.

Check out Oktoberfest the next two weekends in New Ulm. Lots to see and lots to do the on Sat the 5th and Sat the 12th. Enjoy the music and food and so much more.

Go for a drive along the river valley and check out the Fall colors. They don't seem to last long so don't wait.

RSR

Friday, September 6, 2013

Poppin For Pizza

The State Fair is over, school is back in session and the stores are loaded with Halloween candy and decorations. Can Christmas be far behind?

The real estate market is still churning along with new listings coming on the market and there are quite a few new homeowners in the area. Want to see whats out there as far as new listings? Check  out www.krhomes.com. Are you a techy type of person? Text: KRHOMES To: 87778 and download the Century 21 Koeckeritz Realty Mobile App. Search in your neighborhood or across the country.

Put your money for work for you. We have a duplex for sale with many recent updates on S. Minnesota St. Go to this link for all the details: http://www.krhomes.com/our-listings.php

Our promo is back again; Poppin For Pizza in conjunction with KNUJ and Happy Joe's. Register on our Facebook page, info@krhomes.com or at Happy Joes. For any football or volleyball games broadcast on one of the KNUJ stations for one of the 5 high schools in New Ulm or Sleepy Eye we will draw a name. If one of our local schools scores 21 points or more in football or wins the first and second game in volleyball, the drawn name will be a winner of a $21 Gift Certificate to Happy Joes. Simple!!! Register and Listen.

Good Luck to all the area teams!!

Are you in need of commercial space for your business?? We have that. Give us a call
Have you seen the ads on TV from the National Association of Realtors about there being a shortage of listings? That applies to the New Ulm area too. Listings are down in the area but there are still buyers out there looking. Thinking of selling? Be sure to give us a call and compare our marketing services to anyone. We won't be beat

RSR

Wednesday, August 28, 2013

Happy Labor Day

Are you a Do-It-Yourselfer? Are you sure? That may not be a fair question to ask yourself in terms of how good of DIY are you. We have seen some DIY projects on homes that have been done very well. But we have also seen some that have been done rather poorly but the person that did thought it was done well. Yes beauty is in the eye of the beholder but if you're looking to sell the buyer may not see the beauty in your work. If you're thinking of selling and need to finish a project on your home, be honest with yourself. Can I do this and make it look professional? Doing a poor or a so-so job can cost you in the end. If it's electrical; don't do it, hire it. Not everyone is a DIY'er you just need to recognize your limits.
Did you know that with Fall and Winter coming fast that mice are hunting for a warm spot for the cold weather? This is the time of year that you may find them in your home or garage, or evidence that they're around. Everyone has their own way of dealing with them. Standard mouse traps with cheese, glue traps, poison or professional extermination are some of your choices. Maybe a cat?

Don't forget to head down to Riverside Park this weekend for River Blast. Lots of food and entertainment for all of any age to enjoy.
Shool has or will start by next Tuesday. Depending who you are it's a good thing or not so good thing.


RSR

Thursday, August 15, 2013

Home Inspection VS Appraisal

Home Inspection versus Appraisal. There is a difference!!
A Home Inspection is typically done after all the terms of the sale have been negotiated and before closing but is ordered by the buyer of the home. The Inspection is done within an alloted time period, at the buyers expense and can make or break the deal. The Inspector is of the buyers choice and can be anyone that the buyer is comfortable with. The report is the property of the buyer and doesn't need to shared with anyone else. The Inspector is looking for issues with the home that are safety, health or structural concerns that are usually not seen when a buyer walks through the home. For an example maybe the furnace isn't running right or an outlet is wired wrong. Those would be safety concerns. The report is usually broken down to primary concerns like those mentioned; secondary concerns and maintenance. Secondary concerns would be things to keep an eye on in the future and maintenance would be things like a dirty furnace filter or leaky faucet. An Appraisal is ordered by the buyers lender and is a cost of the buyers of the property. They are licensed by the State of Minnesota and will take into consideration many things in their appraisal. The sole purpose is to determine the value of the home to protect the lender and buyer in the transaction so that no one is over paying for the home. An appraisal determines the value and the Home Inspection determines the condition of the home.

State Fair starts next week already
The Vikings have broke Training Camp
High School practice is in full swing
4 1/2 months till Christmas

Hardees on the North end by Wal-Mart is coming along and opening soon. The apartment building across Hy-Vee is really going up quick with more apartments to follow in town.
Farmers Markets are brimming with fresh local produce and are open three days a week in town.

Shop local, buy local, borrow local

RSR

Thursday, July 25, 2013

Location X 3

There is an old saying in real estate; and anyone who has thought about buying a house has heard it -- Location, location, location. But like beauty location is in the eye of the beholder. What one buyer thinks about the location of a home could be completely different from the next. Railroad track? No big deal who was raised near some railroad tracks. Busy street? Not a deal breaker if you have a big backyard or park nearby to play away from the street. Is there a perfect location? Yup!! But it's different for all of us. Here is a tip for you to save you a major headache and to keep from having an unwanted surprise for you when you come home. Are you going away for a weekend or a week? Turn the water off at the main in the basement of your home. We recently had a home that was vacant and no one had been in the home for a week. A pipe or fitting broke; not sure which one and ran for quite possibly the full week. It was just a small pipe but none the less a total of 21,000 gallons came out of that pipe. Three floors of living space was water soaked and destroyed. Just a heads up when leaving home for an extended period of time. Another possible cause of this is your wash machine hose. Some plumbers recommend that you change them out every 5 years.

Newly listed is 800 S. Washington and 1021 Lower Wallachei. Go to www.krhomes.com for all the details on these and any other home listed for sale in the New Ulm area.

Crazy days this weekend in New Ulm; and no we are not giving away a house for Crazy Days. But it would be cool if we could. Baseball fans. The Legion and VFW teams are in action this weekend and are expected to be in it to the end. Good Luck to them both.

Don't forget to shop locally and also get your financing locally
RSR

Tuesday, July 23, 2013

Our Moving Billboard

Need help moving? Well if you list or buy with any one of our agents at Century 21 Koeckeritz Realty we can help. Just reserve our 6 x 10 trailer and use it free of charge. The availability is on a first come first serve basis so don't delay. Some nice activity this past weekend in the real estate market as we have had some new homebuyers come into the marketplace. In the past few weeks interest rates have bounce around but it still is very cheap money when it comes to borrowing money for a mortgage. How long will they last this low? If I had a crystal ball I would tell you but I would also be buying lottery tickets, stocks and betting on the World Series. Sorry Twins fans but It doesn't look good this year; I can say that without the crystal ball.

Check off another event that has come and gone this summer. Bavarian Blast had another fine run this past weekend capped off with the parade on Sunday. A big turnout for the parade that made it's way through the center of town.
Crazy Days is this weekend as the local merchants put out their best deals of the summer. I see the local retailers are full of Back-To-School specials and deals. Want to help make an impact in a childs life? Buy a few extra supplies and drop them off in one of many drop boxes for the United Way. They fill backpack for kids in need of the basic school supplies. Last year they filled 225 back packs and the need is just as great this year

RSR

Friday, July 19, 2013

WEEKEND UPDATE

Congratulations to our many new homeowners this week!! For some it was the first time being a homeowners. For others not so much. Whatever the case Thank You for letting us come along for the ride and help you through the process. It is much appreciated. A few more listings came in this week and of course some went out. Brand new listing down on Lower Wallachei that would please any home buyer.
Have you seen the progress of the new apartment building going up across from Hy-Vee? The walls are going up, and fast. This is just one of four planned apartment complexes to go up this year in New Ulm. Lot of projects happening in New Ulm this summer. Thinking that maybe it's time for different housing such as one of these apartments? Give us a call at Century 21 Koeckeritz Realty; 359-9212 or e-mail us at info@krhomes.com. For the most complete real estate website go to www.krhomes.com. Need a trailer to use to move? We have one for you to use if you list or buy through one of our Realtors. Just ask.

Some More!!
Bavarian Blast this weekend in New Ulm with the parade on Sunday at 12:30. The weather should be good to go so get out to the fairgrounds. The summer softball and baseball is winding down and with it come District and State Tournaments. Some have happened and some more this weekend -- Good Luck to all of the participants. Nice job on the new shelter at Harmon Park. A nice upgrade to what was there.
And Then Some!!
Hardees is moving along nicely near Wal-Mart and should be a welcome addition to the North Side of town as far as fast food is concerned. Summer is slowly slipping away when the Sweet Corn vendors start setting up shop, which they have. Vikings are back in training camp soon, Twins have all but packed it in and the Lynx look to be the ones to beat in the WNBA.

Have a good weekend!!
RSR