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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 Update for June 2008

June 12, 2008 //  by Derrick Monroe

Rockford experienced slower sales overall in June vs. same time last year however Rockford homes still moved when priced right and staged for selling, not sitting.  Out of the single family Rockford homes for sale during June 2008 including new construction 4 properties sold total with an average price of $168,000, low yes, however the …

Category: Rockford Real Estate

Selling In A Market Full Of Foreclosures

June 10, 2008 //  by Derrick Monroe

Drive thru just about any neighborhood and you will see the homes with high weeds, deferred maintenance and most often a foreclosure sign to go with it. Foreclosures are obviously on the rise and cause a lot of panic with sellers that are not necessarily in a financial crisis but would like to sell. This …

Category: Seller Information

What Is A Short Sale?

June 10, 2008 //  by Derrick Monroe

I have been getting the question allot recently, what is a short sale?  I wanted to at least touch quickly on this subject this morning and shed some light on short sales and how they work. A short sale is when a bank or lending institution agrees to take less than it’s owed on a …

Category: Foreclosures & Short Sales

Be Aware Of The Fine Print

June 9, 2008 //  by Derrick Monroe

We set up 10 homes to show a buyer and 8 are foreclosed by chance, sound familiar? So many homes are out there right now empty and the bank is waiting for offers. Keep in mind however that not all banks are the same, read the fine print! Many banks will not gift monies back …

Category: Buyer Information

Rockford Minnesota Real Estate Update

January 26, 2008 //  by Derrick Monroe

Rockford real estate market update as of 1/26/2009 1:45 P.M. Rockford has 24 single family homes for sale Single family homes have been on the market on average for 183.6 days Rockford single family homes for sale now have an average of 4 beds Rockford single family homes for sale now have an average of …

Category: Rockford Real Estate

Mpls St. Paul Magazines Super Real Estate Agent

January 2, 2008 //  by Derrick Monroe

What a pleasure to receive Mpls St. Paul Magazines “Super Real Estate Agent 2008” award this year making it 2 years in a row! This award is especially close to my heart as it’s voted on by only past clients and other agents in the business currently. Thank you for the votes and we look …

Category: Various Topics & Just For Fun

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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

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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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The real estate market is hot, can a home even be overpriced? Yes, it can, and here is how you can tell. You took the time to …

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