Brainerd Area Lakes Real Estate Newsletter

Friday, September 28, 2012

Haunted House Hunters

Some people like living in the past. Others, like to live with it.

By Geoff Williams,

She couldn’t quite explain what it was, but Diane Turton sensed something odd about the house she was going to buy. For starters, she hadn’t planned on buying the home at all. As a Realtor, she wanted to sell it and earn a commission. But in 2005, as she stared out at a river from the dining room, she had “a weird feeling.” It was a sensation that was validated when she consulted a psychic, who not only seemed to know she was buying a house, but who added, “There are ghosts in the house, and the ghosts want you there.”

That’s the sort of statement that might make some homeowners turn pale, offer a nervous laugh and tell their real estate agent that they’ve reconsidered. Or maybe just laugh and brush it off. But not Turton. Intrigued and perfectly content with the idea of having a ghost in the house, she and her husband moved in.

Click Here For More

Wednesday, September 26, 2012

Ahoy Mateys!!! Crosslake Days Is Quickly Approaching

Crosslake will be invaded by pirates as they search for lost treasure in the upcoming Crosslake Days starting this Friday September 28th. There will be pirate events for all ages such as a car & motorcycle show, chili cook-off, art fair, children’s games, and much more.

Grab your favorite pirate gear and attend the Royal Ball and Coronation at 8 p.m. at Moonlite Bay on Friday September 28th. Prizes will be awarded for your Pirate costume along with being plenty of food, prizes, and drink specials.

The fun continues on Saturday September 29th with activities filled all day long. The 11th Annual Classic & Custom Car and Motorcycle Show will start early with registration from 8- 10 a.m. at the Old Catholic Church Parking Lot, 35808 County Road 66. Live entertainment at the car show will be held from 11:30 a.m. to 2 p.m. along with a Food & Beer Garden, catered by Maucieri’s available from 11:30 a.m. to 2:30 p.m. The chili cook-off will begin promptly at noon and will end at 3 p.m. For a detailed map on chili locations check online at and at participating Crosslake merchants.

The Kid’s Day Party will be held on Saturday from 1 to 3 p.m. at the Crosslake Community Center. Activities include free carnival games, prizes and root beer floats for children under the age of 12. Artisans & Crafters Fair will also be held on Saturday from 9 a.m. until 4 p.m. in the Old Exchange Parking Lot, 36095 County Road 66.

Visit for a list of many more activities that will be held this weekend along with their times and locations. If you are looking to buy or sell a home in Crosslake, 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, September 24, 2012

September Monthly Skinny Video

Where has the Twin Cities real estate market been and where is it heading? This monthly summary provides an overview of current trends and projections for future activity. Narrated by Emily Green (2012 Secretary, Minneapolis Area Association of REALTORS®), video produced by Chelsie Lopez.

Monthly Skinny Video

Monday, September 24, 2012

Weekly Market Report

On September 13, the Federal Reserve announced its third round of quantitative easing (QE3). This time, it took the form of $40 billion in mortgage-backed securities (MBS) purchases each month. The goal is to bolster the stock market by diminishing returns on MBSs. This will make equities more attractive, which will provide capital to corporations, who should in turn hire and therefore spur consumer spending. If successful, that job creation and spending will resonate into housing consumption and reinvestment. New jobs fuel housing demand which alleviates underwater homeowners and supports home prices. Here’s how we rounded out the week.

In the Twin Cities region, for the week ending September 15:

  • New Listings increased 4.0% to 1,360
  • Pending Sales increased 18.4% to 978
  • Inventory decreased 29.5% to 16,479

For the month of August:

  • Median Sales Price increased 14.8% to $178,000
  • Days on Market decreased 23.9% to 107
  • Percent of Original List Price Received increased 4.2% to 95.1%
  • Months Supply of Inventory decreased 41.5% to 4.2

Click here for the full Weekly Market Activity Report.

From The Skinny.

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