Housing Market Update for the Twin Cities and Edina | Edina Homesites Available

This week we wanted to provide an update on the housing market in Edina and throughout the Twin Cities.  Things are starting to look up in the real estate industry, and for you this may mean that it’s time to sell your current home and build your dream one!housing chartEric Nelson here at REFINED shares: “The demand for housing in Edina continues.  The market has already started to heat up as several existing and new construction homes have sold.  These homes are selling fast and in some cases with multiple offers.  The current lack of inventory and incredible interest rates are a driving factor.  REFINED has anticipated the needs of this market place and is positioned to provide solutions for today’s buyers.”January 2013 Market Stats for the Twin Cities show:

  • New Listings in the Twin Cities region decreased 6.2 percent to 4,799
  • Pending Sales were up 13.3 percent to 3,456
  • Inventory levels shrank 32.2 percent to 11,977 units
  • Prices rallied higher and the Median Sales Price increased 14.3 percent
  • Days on Market was down 24.1 percent

And in our focus area of Edina specifically, compared to January of last year, this January there was a – 37.5% change in new listings, and a + 15.0% change in closed sales.If you are looking for the opportunity to custom build the home of your dreams, we are ready for you here at REFINED.  We have one home near completion at 5504 Lakeview and another starting at 4524 W 56th St., both in East Edina and available for purchase.In addition, REFINED has over 6 custom design opportunities with plans for each homesite.  These homes can be completed before the end of the year.  Contact us at here at REFINED for more information.

The REFINED 2013 Parade of Homes Entry Revealed!

The Parade of Homes, running March 2nd-24th, 2013 will be upon us before we know it!  Here at REFINED we are excited to reveal our 2013 Parade Entry, located at 5212 Kellogg Avenue in Edina, MN.REFINED Parade of Homes Entry 2013Just steps from the Historic Edina Country Club, in sought-after East Edina, this modern, cape-influenced home by REFINED is sure to impress!  Featuring over 4500 sq. ft., 5 BR and 5 BA, this airy, beach-inspired home was designed for both entertaining and family living.  Highlights include a gourmet kitchen, screened porch with wood-burning fireplace, a convenient home office area off the kitchen, a large self-regulated wine cellar, and a unique kids sport court area beneath the garage.  Nestled amongst canopied oak trees, featuring a private, wooded level rear yard, we invite you to see this spectacular home in the established South Harriet Park neighborhood!Want more details on Parade of Homes dates and details?  Check out the Parade of Homes website!

REFINED earns 2013 "Best of Houzz" Award

REFINED is excited to announce that the Houzz community has named us "Best of Houzz" 2013 in both the Design and Customer Satisfaction categories!  A big thank you to Houzz and especially to our clients for putting your trust in us, showing your appreciation, and recognizing our work in this way.houzz interior design ideasThe Houzz “Best Of Houzz” award for 2013 is given in two categories: Customer Satisfaction and Design. 

  • Customer Satisfaction award winners are based on homeowner members who rated their experience with remodeling professionals in 12 categories, ranging from architects and interior designers, to contractors and other residential remodeling professionals.
  • Design category award winners were chosen based on the popularity of their work among the community of 11 million monthly users, also known as “Houzzers,” who saved more than 124 million professional images of home interiors and exteriors to their personal ideabooks via the Houzz site, iPad/iPhone app and Android app.

We are grateful for this honor and look forward to continuing to serve you with excellence in both service and design!