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!

North Dakota News

EIA Predicts Record Shale Output in US Despite Slow Growth


Record High Crude Oil Production Expected from Major US Shale Regions in July Despite Slow Growth Bakken Region Takes the Lead.




Click here to learn more!

How Home Inspections Benefit Both Buyers and Sellers


Thinking of buying and selling your home? Don't skip the important step of a home inspection.




Discover the benefits for both buyers and sellers in our latest blog post.

Proven Realty Monthly Sales Update

The data from January to June for the years 2020 to 2023 reveals a notable shift in the real estate market. In 2020, amidst the COVID-19 pandemic, there were 24 property acquisitions worth $18.2 million, reflecting cautious investor behavior. However, by 2021, the number of acquisitions increased to 52, although the total value decreased to $15.6 million. In 2022, the market experienced a significant rebound, with 80 properties acquired amounting to $34.9 million. This positive trend continued in 2023, with 95 properties acquired totaling $37.8 million. These figures indicate a recovery in the rea estate sector, highlighting increased investor confidence and market expansion. The data suggests a potential upward trajectory for the real estate market, driven by improved economic conditions and post-pandemic recovery.

Bakken Updates from Erik Peterson


We hope this newsletter finds you well and that you're enjoying the beautiful summer weather with your loved ones. Can you believe we're already halfway through 2023? 


Despite the challenges faced by the economy, such as rising interest rates, dropping oil prices, and low inventory, we feel incredibly fortunate to have had a remarkable start to the year.


I recently had the privilege of representing Proven Realty and North Dakota at the prestigious Real Trends Gathering of the Eagles event held in Austin, TX. It was an incredible experience, bringing together the top real estate agents and teams from across the country. I am proud to share that Proven Realty was recognized for having the highest sales volume in North Dakota in the large brokerage category for 2022. This outstanding achievement would not have been possible without the support of our clients, referral partners, and agents. We are truly grateful for your trust and loyalty.


We are happy to report that our residential real estate market is thriving; we have made significant improvements to our marketing efforts. With a team of eight professionals dedicated to providing best-in-class marketing services, we have seen dramatic results. So far this year, we have successfully closed 98 properties, with a total sales price of approximately $39 million. Additionally, we currently have over 20 pending transactions and eight new listings coming soon.


If you or anyone you know is considering buying or selling a property, we invite you to consider Proven Realty, brokered by eXp. We would be honored to showcase the results we have achieved for our clients and demonstrate how we are continually improving to exceed their expectations.


Thank you once again for your ongoing support. We are committed to providing you with the best real estate experience possible and will continue to strive for perfection every day.


Wishing you a joyful summer filled with fun and good memories.



Erik and the Proven Realty Team

Neighborhood Revitalization Program



On Feb 14, 2023, passed resolution #23-003, this resolution will allow property owners in the city of Williston with single-family homes valued at 275,000 or less the opportunity to apply for a low-interest loan to remodel their property. 


Loan Program Offers: (Within Williston City Limits Only)

Rates as low as 3.02%APR

10-year OR 15-year Loan options

10,000 to $100,000 USD projects

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

Searching for the perfect property?

www.ProvenRealtyNDSearch.com

Check out our

Featured Industrial Property:

10434 1J Street SW, Killdeer, ND, 58640

Seize the opportunity to invest in two top-notch custom-built shops on 4+ acres in Killdeer, North Dakota. This industrial property is the ideal solution for all your business needs.


Contact Erik today and see why this property is the talk of the town.


Features:

2,400 SQ FT Shop: Living Quarters In Shop - Executive Apartment with Full Kitchen + Employee Housing In Shop-4 Bedroom, 1 Bath Living Quarters Measuring 40' X 15'


Shop #2: Insulated, high-end building, 2,280 SQ FT with in-floor heating

Click here to view this listing!

Your Dream Home Awaits!

Check out our

Featured Residential Property:

5489 Fresh Water Lane, Williston ND 58801

🔑See the beautiful new home with 3 beds, 2 baths, full unfinished basement and a triple attached garage. Enjoy vaulted ceilings, island kitchen and stainless appliances. Don't miss out on stunning sunset views with no rear neighbors.


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

Click Here to View this Listing!

Office Space available for immediate occupancy

Call today for a tour! (701) 369-3949

Harvest Plaza

Landmark Building

More for you...

Tune in to Erik Peterson on Williston Trending News Live as he discusses "Real Estate Market: Is It The Right Time To Buy?".


Learn about the current the real estate market in the Bakken on Williston Trending Topics News Radio Live every Tuesday at 8:00 am.


Click on the photo above to watch his most recent interview!

Proven Realty Team

Meet the Team!

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, man camps, and development projects. He also has worked closely with planning & zoning departments, engineers, architects, contractors, and developers.

Read more!


EXPERIENCE | SERVICE | RESULTS

Proven Realty North Dakota

brokered by EXP Realty

3210 27th St W, Suite 207, Williston, ND 58801

www.provenrealtynd.com

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