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Sunday, July 20, 2014

4th Annual Big Bill$ Lil’ Rubber Duckie Race Set for August 2nd

The fourth annual Big Bill$ Lil’ Rubber Duckie Race organized by the Brainerd Jaycees is set to take place August 2nd.  The event starts at 1 p.m. where more than 5,000 little rubber duckies will be set loose from the Laurel Street Bridge located in Brainerd.

The event will help raise money for youth sports in the Brainerd lakes area. If you would like to purchase a duck they can be found at many area outlets for $5. If you duck is one of the first 35 to cross the finish line there will be more than worth $10,000 in cash and prizes available. If you adopt one of the ducks you must be present to win any prizes.

"We are really excited to host the event again this year," said event organizer Jake Thesing. "We couldn't do it without the help of our sponsors and the entire Brainerd lakes community.

The race started as a means for the Brainerd Jaycees to help support local youth sports in the area.  The Jaycees has partnered with Lakes Area Youth Soccer Association (LAYSA), and other local organizations to help make these duckies available for adoption.

You can adopt duckies at Taco Johns, College Square, Raceway Square, Kentucky Fried Chicken in Brainerd and Baxter, Wild Rice Deport, Pine Square, and SAVE Liquor Store.

For more information on this event visit www.lilrubberduckie.co

If you are looking to buy or sell a home in Crow Wing County this summer, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

 

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Monday, July 14, 2014

Two Reasons the National Association of Realtors Says Sell Now

There is no doubt about it the time to sell anything is when demand is high and the supply is low. The last two months of reports by the National Association of Realtors (NAR) shows that now just may be the best time to sell your Crow Wing County home.

Reason number one is the pending home sales report.  The latest report showed that pending home sales jumped by 6.1%. This is the largest month-over-month increase we have seen since April 2010.  At that time we saw first-time home buyer flooding the market to take advantage of the tax credit program before it ended. Chief economist, Lawrence Yun, for the NAR is expecting that we will continue to see home sales improving throughout 2014.  “Sales should exceed an annual pace of five million homes in some of the upcoming months behind favorable mortgage rates, more inventory and improved job creation.”  he said. This mean demand is increasing over what we saw last year.

Reason number two is existing home sales report.  Housing inventory climbed by 2.2%, this has resulted in a 5-6 month supply of homes at the current sales pace. Yun also said, “Rising inventory bodes well for slower price growth and greater affordability, but the amount of homes for sale is still modestly below a balanced market. Typically in real estate when we see less than a 6 month supply of inventory homes it is a seller’s market. We are about to see a drastic increase of the supply of existing homes, and the number of new homes. Now is the time to sell.

If you are looking to buy or sell a home in Crow Wing County this summer, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

 

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Sunday, July 6, 2014

Jobless Rates in Brainerd Drop to Seven Year Low

Great news for Brainerd! The jobless rate in Brainerd dropped to its lowest level in seven years in May decreasing to 8.1 percent.  In November 2007 the month prior to our recent recession we saw unemployment numbers this at 8.3 percent.However, in October 2007 a few months prior to the recession the unemployment rate in Brainerd was at 7.2 percent.

In 2006 when many residents of Brainerd felt that jobs were steady and did not forsee a recession the average jobless rate was at 6 percent.  When the recession hit  booming construction halted, which caused jobless rates to soar.  In fact,  in the past seven years the number of times we saw unemployment rates in Brained drop below 10 percent has been less than 10 times.

May jobless rate for Crow Wing County was 5.1 percent and 6.4 percent for Cass County.

When jobless rates drop the housing market picks up. Now is the perfect time to buy or sell a home in Crow Wing County. If you are looking to buy or sell a  home, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

 

Sunday, June 29, 2014

Crow Wing County Monthly Market Report

Summer is officially here. There continues to be buyers ready to buy, yet they are being faced with a low housing inventory. The number of new listings was down 3.5% in May compared to this time last year, and the number of homes for sale compared to this time last year was down 9.1%.

The good news is homes are selling quicker in Crow Wing County. The median number of days a house is on the market has dropped by 17.1%.  Much like the rest of the country we are continuing to see home prices on the rise.  The median sales price of homes rose last month to $157,900, a slight increase over this same period of time last year. The average sales price is up 3.4% to $213,824.

The median list price ended May at $190,000, a 2.8% increase. The average list price jumped by 9.5% to $279,987 over the last year. Summer is the perfect time to buy or sell a home in Crow Wing County.

If you are looking to buy or sell a home in Crow Wing County this summer, contact me, Bill Grunewald. My team and I enjoy helping folks like you find just the right spot to live your northern Minnesota Lake Country dream.

Bill Grunewald/ Edina Realty.

Licensed in Minnesota/ Lic # 20204156

Monday, June 23, 2014

Cass County Fair Starts June 26th

The Cass County Fair will start this Thursday June 26th and run thru Sunday June 29th, at the Cass County Fair Grounds in Pine River. Families in Cass County and the surrounding area have been enjoying this event since 1906. The fair has something to offer for everyone. Events include:  A carnival, 4H shows, horse shoe, karaoke, exhibits, motocross, talent show, and an ATV mud run. New this year is the money machine, buy a ticket for a chance to enter the machine and grab as much money as you can.

Kick up your boots and explore your roots at the fair this week. 

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