Housing in Rochester, MN is a HOT MARKET!
Rochester, Minnesota was founded in the 1850’s-1860’s era. A devastating tornado ripped apart Rochester in 1883. Dr. William Worrall Mayo with his 2 sons, Dr. William J. Mayo and Dr. Charles W. Mayo, and with the Sisters of St. Francis gave medical attention to the victims. This was the start of Mayo Clinic and St. Mary’s Hospital. Since then Mayo Clinic has grown to countless satellites in other parts of the United States, along with 2 other major facilities in the Phoenix, Arizona area and in Jacksonville, Florida. From the beginning, housing in Rochester, MN is a HOT MARKET!
With the growth of Mayo Clinic and Rochester, other businesses came about. Other business in Rochester are also vital to this economic growth:
- Technology/Internet Services
- Hotel Industry
- Expansion of restaurants
- More schools for increasing number of families
- Commuting to these jobs requires more gas stations and public transportation
- People need to eat which is why grocery stores are built
- Road construction
All this is bringing more people to want and NEED to live in Rochester. This directly impacted the real estate market- Rochester had to build houses for people to live. The 1990’s were a tough time for Rochester. What are people to do with great jobs, but no place to live? Unfortunately, housing in Rochester, MN was in a crisis. Now in the 2010’s with the expansion of Destination Medical Center, housing authorities learned a valuable lesson to create new short term homes, such as new apartment units. Some new people are looking to purchase their new permanent home, thus housing in Rochester, MN is a HOT MARKET!
https://mn.gov/deed/newscenter/publications/trends/june-2013/mayo-clinic-jobs.jsp
Reel Property Solutions, LLC is helping the housing demands. Some houses need some TLC (power wash the siding, new carpet, paint, trim landscaping as examples). Some houses need a lot of repairs (new roof, decayed tree to be taken down, garage to be torn down, windows replaced as examples). Some houses are in shambles (foundation caving, holes in the exterior, fire damage, natural disaster occurrence as examples). Reel Property Solutions, LLC is a real estate investment company trained in the steps of taking a property from “rags to riches.” Whether a simple cosmetic carpet and paint job is in order to a complete tear down and rebuild, this is a team for helping people with housing in Rochester, MN.
Reel Property Solutions, LLC team members are:
· Real Estate Agent
· Real Estate Attorney
· CPA specializing in Real Estate
· Countless Fortune Builders Field Experts
· Financial Advisor
· Several General and Sub-Contractors
· Potential Business Partners
· Website Development
Together we will improve one house at a time to create housing in Rochester, MN a HOME in Rochester, MN. Housing in Rochester, MN is a HOT MARKET and will continue for many years to come.
Contact Reel Property Solutions, LLC at info@reelpropertysolutionsllc.com or call 507-218-8788 to find out how we can help you!
