Category archive - Real Estate Market Updates

Prior Lake Short Sale Realtor Tom Scott

If you are potentially facing foreclosure of your home in Prior Lake, a Prior Lake short sale realtor can assist you in listing and selling your home. Tom Scott of Re/max Advantage Plus also works with a local Minnesota short sale law office in Savage, J Probst Law. The attorneys at the law office help to negotiate the deficient balance that is owed on the short sale property to get the bank to drastically reduce or waive what is owed to to a hardship. Some hardships sellers may need to talk to Read more [...]

2012 Prior Lake Real Estate Recap

Currently the Prior Lake real estate market is seeing dimishing listing inventory which is a great sign for sellers as inventory has been moving and selling pretty steady. As of early January only 139 homes remain active on the mls and only 118 of those homes for sale in Prior Lake are available with no offers currently on them. There ar 50 homes pending waiting to close.  In 2012 the market was very similar as inventory was down almost all year creating high demand and the homes that were priced Read more [...]