Proven Realty March 2023 Newsletter

Proven Realty brokered by Exp Realty

is a Full-Service Real Estate Company with

boots on the ground in North Dakota.

We are committed to providing you the

highest level of customer service!

Erik C. Peterson

Founder, Broker, MBA

Erik Peterson is the founder of Proven Realty and brings extensive experience to the market. To date, Erik has negotiated on over $400 million worth of real estate in the Bakken. These various projects include industrial shops, retail, office, residential, mancamps, and development projects. He also has worked closely with planning & zoning departments, engineers, architects, contractors, and developers.

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Bakken Updates from Erik Peterson

As your trusted real estate company in western North Dakota, we would like to take a moment to update you on the current real estate market in our area. The Bakken and the surrounding areas have been strong over the past several months. Demand for housing remains high, with many buyers looking to take advantage of the favorable market conditions.

At the same time, we are seeing a limited inventory of homes for sale, which is driving up prices and creating a competitive market for buyers. However, we have a team of experienced real estate professionals who are experts at navigating these market conditions and are dedicated to helping you find the perfect property at a price that fits your budget.

Whether you are a first-time homebuyer, looking to upgrade to a larger home, are searching for a better commercial solution for your business, or you are looking to get top dollar for your property; we are here to help you navigate the market. Our team has in-depth knowledge of the local market and can provide you with valuable insights to help you make informed decisions. We have completed over 500 transactions in the last 5 years and closed on over $73 Million of property in 2022 alone.

Thank you again for your continued trust and support. We look forward to working with you in the future and helping you with all of your real estate needs.

Greetings from the Proven Team

Meet the Team!

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North Dakota News

New Studies Highlight the Impact of the Oil and Gas Industry on North Dakota

Oil and gas account for more than $42.6 billion in gross business volume in North Dakota, and is responsible for nearly 50,000 jobs. It also brought in $3.8 billion in state and local tax revenues in 2021.

-Office of the Governor - North Dakota

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Mortgage Demand Recovers Slightly, Despite Rising Interest Rates

After dropping to a 28-year low the previous week, mortgage demand recovered slightly, even though interest rates marched higher.

Total mortgage application volume rose 7.4% for the week, according to the Mortgage Bankers Association.

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The Benefits of Investing in a Home

Investing in real estate can be intimidating, especially for first-time homebuyers. But what really makes it worth it? The answers may surprise you! Let’s break down some of the major benefits to investing in a home.

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Proven Realty Monthly Sales Update

Check out our new Buyer's and Seller's Guides

Searching for the perfect property?

www.ProvenRealtyNDSearch.com

Check out our

Featured Industrial Property:

10944 27D St SW Dickinson, ND

This state-of-the-art property located just north of Dickinson, ND offers over 20,660 SQ FT of top of the line shop space and elaborate offices. The property also includes a 10-ton crane, wash bay, and conference room, all on a 19.3-acre fenced parcel. Adjacent acreage is available as well. Contact Erik today to know more! This won't last long!

Features:

Former Cruz Energy Facility, 20K+ SQ FT On 19+ Fenced Acres.

Building #1:

Consisting of +/- 15,500 SQ FT:

Approximately 4,000 SQ FT of Premier Office Space, With Glass Conference Room, Break Room, & Private Offices.

Shop Space: +/- 11,500 SQ FT, With a 2,400 SQ FT Mezzanine, (6) 16x16 OH Doors.

Building #2:

Consisting of +/-5,160 SQ FT with (2) 16x16 OH Doors. And so much more!

Click here to view this listing!

Your Dream Home Awaits!

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Featured Residential Property:

501 6th St NE Watford City, ND 58854

🔑 This charming home in the desirable Veeder Estates Subdivision offers 1,980 square feet of living space with 3 bedrooms and 2.5 bathrooms, as well as an extended kitchen with 96 extra square feet of cooking space. Boasting recessed lighting throughout and a large master suite, not to mention its convenient location near Jacobson Park and beautiful landscaped yard, this property is sure to provide both comfort and convenience.

Contact Kayla today to get a tour to see this amazing home!

Click Here to View this Listing!