Currently, the inventory of Minnesota homes for sale is at a 4 year low with only 5 homes available for every Minnesota home buyer. While this may sound like a lot, it is lower than usual and will start to drive multiple offers on the good houses. This could be the beginning of home prices rising in Minneapolis, Minnesota metro area.
With rates still at historic lows, and time running out on the $8,000 first time home buyer tax credit, now might be a good time to start seriously looking for a home.
If you are interested in getting pre-qualified for a Minnesota home mortgage, contact Dominic DesMarais at 612-247-8322
Wednesday, July 8, 2009
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2 comments:
Oh great historic lows....
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Britney
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That is why FHA home loans is a big help to these homeowners to settle the outstanding loans in a flexible manner. FHA-insured loans require very little cash investment to close a loan.
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