Minot AFB Real Estate Market Report - Ward, North Dakota
Minot AFB, North Dakota - Ward County
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Clyde Thorne

If you can qualify, now is an exceptional time to buy a home in Minot AFB. Low rates with falling home prices makes a home purchase a great value! Call now for more information at

Report DateWinter 2010
Nearest Metro AreaBismarck
Buyers’ or Sellers’ MarketMore buyers than sellers
Average Time on Market30-60 days
Market TrendIncreasing
Housing InventoryVery tight market
Average Home Price$150,000 - View Graph Trend
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$300,000 - $349,000
Compared to Last YearUp 5-10%
Prices As % of Asking Price95-100%
Multiple Offers?No
Greatest ActivityFirst Time Buyers
Buyer Activity for the past 90 days in Minot AFB isNo Change
Seller Activity for the past 90 days in Minot AFB isNo Change
Is Financing Available For Qualified Buyers in Minot AFB?Yes
Comments on Financing For Qualified BuyersVA loans are still available.
Existing Home Prices for the past 90 days areNo Change
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Housing Hot SpotsBurlington, Williston, Stanley, Minot
Reason to Buy/SellNew Industries
Average Sold Price$150,000 - View Graph Trend

National Real Estate Market
National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...


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Clyde Thorne
Clyde Thorne
Coldwell Banker 1st Minot Realty
Minot, North Dakota
701-240-8594
cthorne@srt.com
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Coldwell Banker 1st Minot Realty

Minot AFB Local News

Stimulus Money for Minot AFB, ND - Thursday January 14th, 2010 1:02pm
From Minot Daily News: http://www.minotdailynews.com/page/content.detail/id/535719.html?nav=5010

MINOT AIR FORCE BASE Minot Air Force Base is getting another new dormitory built with stimulus money.

The state's congressional delegation announced Wednesday that $22 million in federal economic recovery package funding will be used for the new facility. The new dorm will have 168 rooms for airmen.

The money comes from savings in other military construction projects, the delegation said in a news release.

This is the second new dormitory that will be constructed on the base with funds from the economic recovery package. A third dormitory will be completed shortly.

"This new facility will help ensure we have good housing facilities for the enlisted men and women who are helping Minot Air Force Base fill its growing role in our national security," the delegation's release said. "The Air Force has told us time and time again that they are committed to a long-term military role at Minot Air Force Base, and this new project reaffirms that commitment."



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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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