Mary McCormick, ABR, SRES,e-PRO Realtor Coldwell Banker Realty

Mary McCormick, ABR, SRES,e-PRO Realtor Coldwell Banker Realty A real estate professional passionate about educating buyers and sellers on the real estate process. I want to help you Be a Better Buyer and a Smarter Seller

As an experienced real estate professional I understand and value the trust clients place in me. I believe the consumer needs to be well informed about what can and will happen in the real estate transaction. And that is why I am passionate about educating buyers and sellers on the real estate process. I elected to become a real estate agent after years in sales in the broadcast and broadcast soft

ware industry. In my previous career I moved numerous times and each time I moved I bought and sold property. So I understand the unique needs involved in relocation as well as the the stress of buying and selling property. I have also been an investor in properties. Each real estate experience provided a different prospective. To better service my clients I continue to learn and grow to be a true master of the industry I serve. I have earned the following designations:
Accredited Buyer Representative (ABR) As an accredited buyer rep I am better able to serve the needs of todays home buyer. e-PRO. Being an e-PRO designee means I am trained in advanced technologies and strategies that are so important in marketing homes for sale as well as assisting buyers in finding a home in todays competitive market. Senior Real Estate Specialist (SRES) As a senior real estate specialist am better able to meet the needs of a maturing population when selling, buying or investing. Outside of real estate I take pride in giving back to the community. I am a commissioner on the Golden Valley Human Services Commission. I serve on the Golden Valley Historical Society board, and I work with the Firefly Sisterhood Organization which fosters one on one connection between women impacted by a breast cancer diagnosis.

12/17/2024

*November Housing Market Report*

Sales, prices, and inventory rose in November, while seller activity was down slightly.

Affordability and undersupply remain key market challenges, but buyers are showing up. Pending sales jumped 8.5%, outpacing new listings and signaling growing acceptance of today’s mortgage rates.

“We’re at a time of year when buyers can take advantage of a slower pace and a calmer, less competitive environment,” said Geri Theis (Scenic City Realty, LLC Geri Theis), President of MNR.

Inventory rose 3.9%, continuing 2024’s upward trend and reaching its highest level since 2019—a ray of hope amid the ongoing supply shortage.

Key Indicators Year-Over-Year:
⬆️ Closed Sales: 5,158 (+2.7%)
⬆️ Median Sales Price: $340,000 (+4.4%)
⬆️ Homes for Sale: 14,398 (+3.9%)
⬆️ Days on Market: 45 (+12.5%)

Read the full November 2024 Housing Market Report: https://bit.ly/3ZF1Biv

Home Price Forecasts for 2025 📈Wondering if home prices will crash in the new year? Experts predict prices will keep ris...
12/17/2024

Home Price Forecasts for 2025 📈

Wondering if home prices will crash in the new year? Experts predict prices will keep rising, but at a more sustainable pace. It all comes down to supply and demand - and with limited inventory in many markets, prices are expected to stay steady or increase. But it’s important to note home prices vary by market.

💭 Curious about what this means for our local market? Let’s connect! I’d love to help you plan your next move in 2025.

What you need to know about this popular zero-down home loan program for active duty and separated military personnel.
11/11/2024

What you need to know about this popular zero-down home loan program for active duty and separated military personnel.

Real estate continues to be America's #1 long term investment for the twelfth year in a row! Over the past two decades,...
11/11/2024

Real estate continues to be America's #1 long term investment for the twelfth year in a row! Over the past two decades, property values have grown steadily, especially during the 2021-2033 surge.

11/04/2024

U.S. mortgage delinquency rates were up slightly from a year earlier in August.

10/30/2024

Bathroom remodel costs vary based on the type of bathroom, scope of the remodel, materials selected, and other factors. Learn about costs of a bathroom remodel.

10/30/2024

Here is a fall checklist to help you take care of the most important preventative maintenance tasks to make sure your home is ready for winter.

10/29/2024

After seeing their friends and parents struggle to find care as they aged, older people are embracing life plan communities. The one-time entrance fees can exceed $1 million.

11/10/2023
11/10/2023

National median home prices rose by 1.1% compared to the previous quarter and 2.2% year over year to $406,900.

“One reason mortgage rates are 5% higher than just a few years ago is that the spread between mortgage rates and Treasur...
11/10/2023

“One reason mortgage rates are 5% higher than just a few years ago is that the spread between mortgage rates and Treasury yields has doubled. This spread is now set to tumble—good news for prospective homeowners and the industry!”
-Aziz Sunderji

08/08/2023

Buying new construction is different than buying an existing home. Good article from the Wall Street Journal

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Southwest Regional Office, 6625 W. 78th Street Suite 200
Bloomington, MN
55439

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