We Tell it Like It Is

This is all my opinion and based on both my buying & selling experience this past year. I forsee 2009 to be pretty similar.

Worst homes to sell right now:

1) A condo in Mpls (too many listings already and not enough buyers)

2) A home for over $200k in Brooklyn Park (too many cheap foreclosures to compete with)

3) A town home in the south/SW suburbs such as Woodbury, Savage, Eden Prairie (very saturated market and not enough buyers)

4) A home in Savage, Burnsville, Eagan, Apple Valley, East Bethel, Cambridge, Isanti, Mora, Big Lake (not enough buyers looking in these areas north & south of the cities)

5) A home or town home in Shoreview, St. Louis Park, Golden Valley, New Brighton, Columbia Heights, Fridley (these are areas where I've seen home prices plummet way below what buyers were paying a couple yrs ago--more so than any other area I've been in).

Best Homes to Sell:

1) Anything under $200,000 for single family homes and under $175,000 in town homes and well-kept in the cities and 1st & 2nd tier suburbs. Must be in immaculate shape and not a trace of anything older than the year 2000.