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Derrick Monroe Group

Real Estate in the Western Minneapolis Suburbs

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  • Featured Cities
        • Western Suburbs
          • Annandale
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Derrick Monroe

Rockford Real Estate Market Statistics 2003-2010

March 23, 2010 //  by Derrick Monroe

Many Rockford homeowners have asked me recently how the market of today compares to the past. This post will explore the Rockford real estate market statistics from 2003 to 2010. Rockford Single Family Homes Average Sale Price: 03 – $206,797 04 – $236,142 05 – $263,946 06 – $293,537 07 – $296,023 08 – $248,055 …

Category: Rockford Real Estate

Need To Sell My Home In The Next 60 – 90 Days

January 26, 2010 //  by Derrick Monroe

With the spring market upon us and the housing market still not 100% on solid ground many people are asking “how can I sell my home in the next 60 to 90 days”? For the purpose of this blog we will assume that “you don’t need to sell” but “want to sell” and you’re not …

Category: Seller Information

David Rosenberg On The Housing Market

January 15, 2010 //  by Derrick Monroe

I found this article with comments by David Rosenberg, Chief Economist & strategist with Gluskin Sheff on the housing market. “If the Fed stops buying mortgages and the government allows the tax credits to expire as planned at the end of the quarter, then we would expect housing activity to roll over. As it stands, …

Category: Various Topics & Just For Fun

Information On Rockford Minnesota

January 12, 2010 //  by Derrick Monroe

I am not sure if you’re aware but we have another blog called “All About Rockford” which has everything from Rockford real estate information, local business information to fun news about the city of Rockford. Just go to www.AllAboutRockford.com to check it out. If you have some local Rockford news or a business you want …

Category: Rockford Real Estate

First Time Home Buyer Money – City Of Rockford

January 12, 2010 //  by Derrick Monroe

Who says money doesn’t grow on trees? The city of Rockford MN has money available to first time home buyers. If you’re waiting for the right time to buy that first home in Rockford your wait is over. With the low interest rates, affordable housing prices and Rockford’s first time home buyer money this is …

Category: Rockford Real Estate

Home Sellers Profile For 2009

January 11, 2010 //  by Derrick Monroe

The National Association of Realtors surveys home buyers and sellers annually to 2009 home seller survey gathered detailed information about the process. This is a summary of the results gathered for the year 2009. This year’s data provides valuable insight to how buyer and seller demographics have changed based on the shifting market conditions. Why …

Category: Seller Information

2010 Housing Stimulus Package

January 4, 2010 //  by Derrick Monroe

2009 was the year of big bail out’s and stimulus packages for large companies, I want to make 2010 about our area, the “normal” homeowner who just wants to move but is struggling due to lower home prices. List your property with us between Jan 1st, 2010 and February 14th, 2010 and you will receive …

Category: Seller Information

A View Of the Market

December 1, 2009 //  by Derrick Monroe

You may think that the colder temperatures and holidays would contribute to a slower market. That could not be less true than these past couple of months. Many fine homes are available, great rates are here to stay for a time, tax credit extensions and other benefits to home ownership have combined to make this …

Category: Various Topics & Just For Fun

What You Need To Know About The Home Buyer’s Tax Credit

November 11, 2009 //  by Derrick Monroe

New legislation extends a tax credit of up to $8,000 for qualifying first time home buyers that was previously set to expire on November 30, 2009. 1st time buyer tax credit If you are a first time home buyer (one who has had no ownership interest in a principal residence in the United States in …

Category: Buyer Information

Tax Credit For Home Buyers

November 6, 2009 //  by Derrick Monroe

The Senate has voted last night (11/4) to extend and expand a popular tax credit for homebuyers that was scheduled to expire Nov. 30. The House is expected to schedule a quick vote on the bill as early as today 11/5 as part of a package that also extends unemployment benefits for people out of …

Category: Buyer Information

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The Derrick Monroe Group
Broker – Lakes Area Realty
8010 Highway 55
Rockford, MN 55373
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Recent Blog Posts

What Happens If a Home Burns Down Two Days Before Closing — And the Seller Has No Insurance?

It sounds like something that would only happen once in a lifetime. Two days before closing, the home our buyer was purchasing …

Does Painting Increase Home Value? Why Our Real Estate Clients Benefit from FinalTone Painting

Why The Derrick Monroe Group Trusts FinalTone Painting for Our Real Estate Clients At The Derrick Monroe Group, we know that one …

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