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Jacqueline Miller's Blog

By Jacqueline (Miller) Knauf | Agent in Apple Valley, MN
  • Parade of Homes

    Posted Under: Home Buying  |  September 6, 2013 8:06 AM  |  175 views  |  No comments
    It’s that time of year again! Parade of Homes books are out and it starts September 7th and goes through September 29th.  The homes will be on display Thursday through Sunday noon to 6pm.  Whether you are looking for a new home to buy or just want to have a fun day of looking at million dollar listings, this is something free and fun to do! You can pick up a Parade of Homes book from your local Holiday for free.
        You can also visit their Dream Homes.  These are listings that are typically over $1 million and have some sort of unique features.  They cost $5 to get in but it is a tax-deductible admission that helps the BATC Foundation continue their work building and remodeling homes for deserving families, so you can be happy knowing it is going towards a good cause! (The rest of the homes are free to get in) The three Dream Homes are located in Chaska, Wayzata, and Afton. 
        You can visit www.paradeofhomes.org for more information.

    Written by Melissa Bye
  • Adventures on The Parade of Homes

    Posted Under: Home Buying in Apple Valley, In My Neighborhood in Apple Valley  |  April 6, 2011 3:42 PM  |  349 views  |  No comments
    My sister and two nieces were over on Sunday and I suggested one of my favorite hobbies - touring some models on the Parade of Homes. I have been going to the Parade of Homes for the last twelve years but this was my favorite experience- more on that in a bit. My daughter had just ate so we had a three hour window before she would want more to eat. This would be her second time touring homes with me so at four months old, she is already an experienced home shopper. Bringing the baby also allowed me to multi-task; I got a pretty good work-out in carrying her around as we house shopped. I enjoyed her company on my previous outing but she is more of a silent observer and seems to prefer napping. I am told to enjoy this phase while it lasts!

    We headed out and I quickly realized that bringing my six and eight year old nieces added an interesting element to the tour. Their insight had me looking at the homes in a totally different light. For instance, the first home had a living room with an oak railing overlooking the main level. My niece informed me that the room was perfect for playing "jail." I don't know what this "jail" game involves but it was definitely a good selling point for the home in her opinion.

    Next, we went to the Cobblestone Lake neighborhood in Apple Valley. The advertising proclaims that "Cobblestone Lake offers the nostalgia and stability of old-fashioned traditional neighborhoods" and is "reminiscent of yesteryear." As my sister and I commented how the area does look like grand older neighborhoods, my younger niece pointed out that "the houses can't look old because they are new." Good point! The kids agreed that Cobblestone gets both of their votes because the houses had pretty colors, there is a neighborhood pool and it is close to a HUUUGE Target store.

    The girls also were quick to point out flaws that I overlooked. A beautiful tiered front yard seemed like great curb appeal to me. They informed me that the yard "might be good for floods but is bad for babies." They definitely had safety one their minds again when they told me that a sliding door opening up to a not-yet-built deck was a "terrible idea." Bedrooms painted pink and chalk board paint were big hits as were oversized amusement rooms where you could practice gymnastics. The models that served treats were also high on their list.

    We made it through seven homes before it was time for my baby's next meal. Overall, it was definitely my most memorable Parade of Homes tour. I just have to apologize to my sister since she had to hear her kids beg her to build a new house the whole way home. If they talk her into it, I know a good Realtor......
  • Do Home Buyers Have Less Choices?

    Posted Under: Home Buying in Minneapolis  |  April 6, 2010 1:16 PM  |  211 views  |  1 comment
    I have recently been hearing from buyers that they don't feel like there are enough choices for them in the marketplace. I did a little digging to legitimize what they have been feeling. The Supply and Demand Ratio shows there are 4.39 homes on the market per buyer. This is down from 5.02 homes per buyer in April 2009 and 7.28 in April 2008. While the numbers for this year and last year look similar, that is nearly a 13% difference in the amount of homes for sale per buyer which is a large enough difference to be felt in the home shopping process.

    Here is the Weekly Market Report from the Minneapolis Area Association of Realtors with more current statistics. Additional evidence can be found in the number of homes on the market which is down 12.5% from last year at this time. Another measure that the industry uses shows there is a 6 month supply of homes on the market; 2 years ago there was over a 9 month supply of homes.

    These statistics match up with what several of my buyers have been feeling. However, if we look a closer at the statistics we find that not all price ranges are created equal. For example, overall inventory may be down and buyers under $120k may be shackled with less choices (currently a 3 month supply of homes) but buyers shopping in the over $1M range have almost a 3 year supply to pick from (compared to a 2 year supply a year ago). There are price ranges and areas where buyers still have significant choices and opportunities. For buyers, it is very important to review price range specific statistics when pondering the age old buying questions, "is now the right time?" I recommend getting an analysis of your specific area of interest and price range to know exactly what's happening within your shopping budget.

    Jacqueline A. Miller
    RE/MAX Results
  • House Shopping Fanatic

    Posted Under: Home Buying in Minneapolis  |  March 20, 2010 6:42 AM  |  200 views  |  No comments
    The snow has melted, I have started wearing less bulky and more figure flattering jackets and I can take my dog on a walk without fearing frostbite. What does this mean? Well, its time for the spring Parade of Homes by the Builders Association of the Twin Cities. For the past eleven years, this has been a favorite past-time of mine. Even though I spend all day looking at, talking about and searching the MLS for houses, I can't help but to use my few free hours to visit the model homes around the Twin Cities.

    Slip on shoes- check! Parade of Homes Guidebook- check! Empty stomach- check! (Yep, some of the model homes have quite a spread of food). This year my husband of 5 months had the pleasure of joining me on my journey around the Twin Cities. I think he now has a better idea of my passion for houses after a few pleas of "I think we can fit in another one before they close!"

    I love that I can indulge in my hobby while doing research for my clients. I can pick up on decor trends like popular paint and flooring choices that I can pass along to my sellers when they are prepping their homes for the market. I can spot updates in standard floor plans that my be helpful for my clients that are ready to remodel (the past few years, I have loved the many versions of upper level "bonus rooms"). I can also save my buyers some leg work by checking floor plans, prices and options for them. From what I looked at, the prices have definitely come down over the last few years making building an affordable option for more buyers. I am posting some of my favorites on my Facebook Fan Page

    So dear hubby, bear with me as there are two weekends left in the Parade of Homes. Oh, then in April we can go to the Energy Efficient Homes on Tour!

    Jacqueline A. Miller
    RE/MAX Results
  • Become a Home Buying Expert - Free Seminar Saturday March 6th

    Posted Under: Home Buying in Edina  |  February 25, 2010 11:15 AM  |  154 views  |  No comments

    Buying a home in today's market can be very challenging with a glut of bank owned and pre-foreclosure properties on the market.  There are deals to be had out there but with the positive upside comes many new risks.  Join Jam Associates on Saturday, March 6th to get all the information needed to make an educated decision on your biggest life purchase.  Information will include education on "short sales", facts on current market conditions, and tips for saving money on your loan.  All prospective home buyers will leave with a complete home buying packet with extra info on the current $8000 and $6500 Federal Tax Credits, inspection ideas, current properties for sale, and a detailed list of the steps involved in purchasing real estate.  Attendees will have plenty of time to get their questions answered in a friendly, casual atmosphere. If you have any questions in advance, I am happy to answer theose too.

    The seminar is FREE and requires no obligation.  This is your chance to become a home buying expert!

    Here are the details:

    Saturday, March 6th - 10am

    5201 Eden Avenue Suite 100, Edina

    Please RSVP to jamrealty@jamrealty.com or call at 612.940.6875.  Come one, come all!


    Jacqueline A. Miller, Realtor

    RE/MAX Results

    www.jamrealty.com

    NEW JAM Blog

    cell.   612.741.3912

    fax. 1.866.204.1496

 
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