Modern Market Realtors are proud members of the Fargo-Moorhead Area Association-Realtors, 42nd Street South, Fargo, ND, USA. We have members since 2010 and love serving the Fargo Real Estate community. Modern Market Realtors are true professionals that really care about every real estate transaction. If your looking to sell a home or just wanna buy a home let us guide you thru the whole experience step by step. Check out our 5 Star reviews on goggle business and hear what past clients have to say about their real estate experience with us. Real estate is our life. Thanks for taking time to read and feel free to call our office and get started today with finding that new home.
Coming soon to the fargo moorhead real estate community. Look for our new billboards in the Fargo, West Fargo area. We will have homes for sale and featured agent on the billboards. For more information on how your home for sale can be seen on the real estate billboard give Jim Christl a call today. (701)205-5517.
Have a Happy Valentines Day from Modern Market Realtors and all our clients.
Check out the newest homes just listed in Moorhead MN.
This guarantee is exactly what it sounds like. Unhappy for any reason? You, the property owner, can cancel your listing after 24 hours on the market. There is no long-term binding agreement that could potentially force you to sell your home even if you've decided not to move. If for any reason you are not satisfied with our work at Modern Market Realtors you can cancel your Fargo or Moorhead Real Estate listing agreement.
You are guaranteed NO EXTRA FEES at Modern Market Realtors as all of our services are included in our simple percentage commission. Many companies charge transaction or administrative fees to their clients in addition to their commission rates. We do not believe our clients should be charged extra fees for services that are performed by Modern Market REALTORS as part of their commission.
Modern Market Realtors advice to you is to work with an agent who will use their knowledge of supply and demand in your specific niche of the housing market to help you understand the real market value of the home you wish to buy.
Have a great day Shannon and Jim
The outlook for real estate in the Fargo Moorhead area looks strong even with all the head winds we have had in 2018. Our thoughts at Modern Market Realtors are that rates will remain stable thru 2019, in spite of the tariffs and the govt shut down. Chances look great for business as ususal in the Fargo Moorhead area. But don't take our opinion here is what the big boys say.
Have a great holiday Fargo real estate. Hopefully Santa brings you a new rambler complete w a 3 stall garage located in the most desirable location in the Fargo real estate area. Thanks for helping Modern Market Realtors become a success in the FM area. We hope you enjoy your home search and look forward to showing you new homes in the future. If you have any questions about any homes in Fargo, Moorhead or West Fargo feel free to call or text.
Here at Modern Market Realtors we get asked a lot, what the heck are specials on property and why does no other area of the country have them? If you grew up here you probably have heard of them but if not, it does seem very foreign. Specials are just another way these cities raise money to pay for all the extras that come when new neighborhoods are built or if work needs to be done in older neighborhoods. Most cities throughout just use local and state dollars raised thru taxation to support these projects, but not in the FM area. We have specials! Think of specials as nothing more then taxes, thats basically what it is. You can avoid the higher specials if you choose to live in a older more developed neighborhood. The new homes is where you really get hit with all those huge specials needed to pay for all new projects. If you really want to avoid paying high specials think older home.
Fargo Moorhead Real Estate has always been an anomaly in the big picture of housing. The FM area which I have lived in for over 30 yrs, always seem to be anything but a bellwether for the market. Hmm what do I mean by that? Fargo Moorhead just seems to avoid those crazy ups and downs in the housing market.
366 Edgewater Dr West Fargo ND Reduced Price Modern Market Realtors
When the housing market collapsed 10 years ago, conventional wisdom held that millennials would become a lost generation — a generation that would pursue settling down due to the trials experienced by their parents during the recession of 2008 in Fargo. They became more risk-averse, afraid to meet the same fate of previous generations
Fargo ND, No one can really predict the future but my educated guess is that new construction is about to take a "butt kicking" not just in Fargo Moorhead but everywhere in the US. New round of tariffs are about to take hold. Tariffs will have a ripple effect on the home building industry. The new tariffs are adding $9000 to new home prices and that's just the beginning. Higher lumber costs, Labor shortage pushing salaries up, and growing regulations are holding US builders Back as they try and ramp up construction to meet the large demand. The next obstacle is interest rates, raising rates thru 2020 will put some breaks on buying. Fargo Moorhead also has a problem w "Specials" raising at a break neck speed. Giving existing home sellers a huge advantage with most having low specials or no specials left to pay.
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Buying a home thats over 300,000 in Fargo Moorhead? Existing homes are the best bang for your dollar.
If you are selling or thinking about selling a home for over 300,000 expect it to take awhile in Fargo Moorhead. One of the reasons is the amount of new construction being built in the FM area. A few years ago the home builders in Fargo Moorhead were playing catch up from the 2008 mess. Post 2008 we saw a lot of home builders either quit or find other ways to make a living. Now in 2017 with the large amount of new home building in the area and all the options new home buyers have in the market, its slowed down some of the existing home sales. Existing homes do have some benefits that bargain buyers should keep in mind. The biggest benefit is savings. Lets start with specials, all new homes here come with a hefty $20,000 to $100,000 in specials that must be paid by the buyers of those homes. The cost of the specials really varies from neighborhood to neighborhood. Most existing homes have very few or no specials. The 2nd advantage to buying existing over new construction is yard & landscaping. That might not sound like a huge benefit, but when you start adding this up, its a large chunk of change. Most new construction properties come with a yard that has "rough grade" which means thousands of dollars to add final grade, seed or sod not to mention any landscaping desired. Another benefit is appliances, most existing homes come with all appliances, most new construction homes do not. And the other expense that is another "add-on" with new construction is flooring and lighting. Most builders will give an allowance for these items but very few buyers can get the finishes within those allowances, once you shop for your lighting and your flooring, there is usually a hefty "upgrade" amount that is added to your home price. So, keep all these things in mind as you're shopping for a home. Other items that are additional expenses that can really add up later are decks, fences, sheds, sprinkler systems, trees, shrubs, bushes and numerous other options that may or may not already be in existing homes in your price range.
One tip for shopping pricing of new or existing homes is to always add the unpaid specials balance to the price of the home to know the "true total price". For instance, if a new construction home is priced at $300,000 and has $45,000 in specials, the actual price of the home when you're comparing is $345,000. If an existing home is priced at $340,000 and has $5,000 in specials then the actual price is $345,000. Once you've determined the actual cost of the home including specials, you will want to compare homes priced at approx $20-30,000 less if its new construction to make room for all the add ons (more or less depending on your desires and quality of add ons). So, in this example, you would compare that $345,000 existing home to a $325,000 new construction home (assuming specials are included in that price).
In a nutshell: If you find a new construction home that you really like and its priced at $350,000 and has $40,000 in specials, you will want to compare that home to existing homes priced around $420,000 or more to be comparing apples to apples.
Hope this helps you make an informed decision when comparing new construction to existing homes!
I don't think anyone is happy to see rates going up in the FM housing market but lets keep this in perspective. The bright side of
As a buyer, you don't pay any Realtor fees, at Modern Market Realtors our professional services to you are 100% FREE! Get the inside scoop on the NEW "gotcha fees" being charged to buyers and sellers all over the FM Area - when they least expect it! Look out for...