Updates and improvements at every turn

13878 Fawn Ridge Way, Apple Valley MN 55124

So many updates! Don’t miss out on 13878 Fawn Ridge Way, a fantastic two-story home in an amazing school district and friendly neighborhood. Enjoy it all, from the updated kitchen, or any of the over $100,000 worth of improvements that the owners have made.

This Apple Valley home is spacious, modern, and ready for you and your family to enjoy. With four bedrooms and three bathrooms, 13878 Fawn Ridge Way has space for families both large and small, with plenty of room to relax or entertain. The beautiful hardwood floors tie the foyer, dining room, living room, and kitchen together while maintaining each space’s individual look. Let kids and pets play safely in the spacious fenced-in back yard. The adjacent patio is the perfect place to fire up the grill or entertain guests, or relax in the hot tub. The swing set, patio furniture, gas grill, and hot tub are staying with the home!

The previous owners have invested over $100,000 in updates to this home. Click below to see what they improved!

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The Consumer Financial Protection Bureau puts out statistics on all parts of the country regarding loans. Take a look at this graphic to see how loans have changed since 2010 in the Twin Cities. Double click for a larger view.

Right now homes for sale inventory is quite low and buyers are having a hard time finding homes to look at and buy. If there is a great home on the market it sells very quickly. This shortage of homes and abundance of buyers has created a bit of a seller’s market. What strategies can you use to help get a home in a seller’s market?

• Be alert – check new listings as soon as you receive them and look at homes that fit your criteria as soon as possible.
• Be ready – be mentally and physically ready to make an offer the first time you see a home. Time is your enemy. If you sleep on it, it could cost you the house.
• Be flexible – Can you be a bit flexible with your criteria? Rather than four bedrooms, will three work, if the house is perfect except for an older kitchen, can you renovate it after you move in? Now is not the time to be extremely picky.
• Be patient – you may find the right home today or four weeks from today, but don’t despair, be patient and you will find a home.
• Be persistent – it is normal right now to lose several homes in multiple offer situations. Don’t despair, learn from each situation and develop a better plan for the next time.

Buyers are finding homes they want to buy and they are buying them, but you need to keep the above strategies in mind.

The Minneapolis Area Association of Realtors has just released the statistics for the Twin Cities for the week ending September 7, 2013.

In the Twin Cities region, for the week ending September 7:

• New Listings increased 18.6% to 1,511
• Pending Sales decreased 4.5% to 857
• Inventory decreased 8.9% to 15,891