Edina agent becomes SEMAR president
Steve Sherwood, an Edina Realty real estate agent, recently became the new president of the Southeast Minnesota Association of Realtors' board of directors.
Sherwood has been in real estate and with Edina for about nine years, and he's been on the SEMAR board for a few years.
He is taking the helm of the board during what appears to be an upswing in the real estate market, he said.
"At least it shows with the amount of business we've been doing in our office, plus even the statistics, in general, show that the market is getting better, which I think is a very good thing," he said.
Home prices seem to have stabilized, rather than continuing to drop, and the number of home sales and pending sales are up, he said.
"And that's for all of SEMAR. ... In fact, I had a call the other day and Austin had a spike of like 21 percent up in the month of October. And, overall, they're up for the whole year. So, they've really had a nice increase over there, too," Sherwood said.
Sherwood grew up in the La Crosse, Wis., area. Soon after getting married 30 years ago, he and his wife, Norma, a nurse at Mayo Clinic, moved to Rochester. He started out working as a meat cutter in the grocery business.
Then, Sherwood moved into the newspaper business, selling advertising for the Post-Bulletin. During that time, he had a few real estate companies as clients, and that's how his interest in the real estate business was sparked.
As president of the SEMAR board, Sherwood said he plans to get out to the various hubs in the area and visit SEMAR members.
Sherwood and his wife live in Rochester. They have two grown children.