Woodbury Neighborhood Statistics

Wade Blog, Buyers, Market Data, Sellers 0 Comments

Woodbury’s housing market the last 12 months was the strongest since the “Great Recession”.  Home sales in Woodbury were up nearly 10% in 2015!  Many homeowners have finally built positive equity in their homes and are now able to move up to their next home, creating a robust housing market.  Low interest rates, low housing inventory and high buyer demand …

Wade Hanson Launches Luxury Real Estate Book

Wade Blog, Buyers, Featured, Sellers, Success Tips

Realtors share the inside scoop on buying and selling high-end real estate Woodbury, Minn. (Jan. 21, 2015) – Wade Hanson of RE/MAX Results has collaborated with 18 other top producing real estate agents across the country on a new book titled, Luxury Home Selling Mastery, which details the ins and outs of selling million dollar homes.  The 214-page book, set …

Woodbury Neighborhood Stats 2014

Wade Blog, Buyers, Market Data, Sellers

2014 was an interesting year in Woodbury.  The amount of new construction homes proved to be a challenge for traditional sellers to compete with and although sales were down 30% in 2014, the average sale price was up 7%.  This means buyers were willing to pay more for good, quality homes and they were willing to patiently wait for the …

2014 Woodbury Home Sales Year in Review

Wade Blog, Buyers, Featured, Market Data, Sellers

Home sales in Woodbury didn’t reach the levels everyone expected this year.  As more and more homeowners gained the necessary equity in their homes needed to sell for a profit, inventory went up over 30%.  This combined with the flood of new housing inventory to compete with and the overall buyer activity down over 6%, created a drastic slowdown in …

What’s Happening With Woodbury’s Luxury Home Market?

Wade Blog, Featured, Sellers

There are currently only five pending home sales in Woodbury over $600,000 and they are all new construction!  So far in 2014 only 23 homes have sold over $600,000 and half of them were new construction.  This means roughly one existing home per month sells in Woodbury over $600,000.  There are currently 19 homes for sale (not including new construction) …

What’s Unique About Luxury Home Buyers?

Wade Blog, Featured, Sellers

Luxury home buyers and sellers approach the process of buying and selling luxury real estate differently from other people.  That’s not just because the prices ranges they deal in usually have one or two extra zeroes; it’s also because of their mindset.  Here are a few of the characteristics I’ve discovered that have helped me succeed in luxury real estate: …

What’s Wrong With Woodbury’s Housing Market?

Wade Blog, Featured, Sellers

A year ago homes were selling faster than we could put a sign in the yard.  The combination of interest rates near 3.5% and record low inventory made for an extremely active housing market in Woodbury.  Homes increased in value nearly 13% last year and home sales were up over 25% compared to the year prior. Fast forward 12 months …