Winter Wonderland of Homes for Sale
With the first snow storm of the year coming soon, it's fairly safe to say that the real estate market should start a little break as it gears up for the spring rush.
Things to know:
1) The best deals on homes generally happen during this time of year. There are many sellers in the area who have to sell their homes no matter what. Take a good look at the homes available to purchase and see if there aren't one or two that might strike your fancy - the sellers may be willing to make a deal.
2) Rates under 6.00%. That's right, even though the money is a little harder to come by, for those of you who can get loans the rates are phenomenal once again.
3) According to the St Cloud MLS, there are more than 200 foreclosed properties just waiting to be plucked off the market. I've heard rumor that Freddie Mac wants to try and unload as many of their foreclosures as possible in December. I know for a fact that no bank wants to hold a foreclosure through the winter months in Minnesota.
What's your thoughts on the real estate market?
Jason Tangen, GRI - Broker Associate with Edina Realty St Cloud
www.jasontangen.edinarealty.com - Search the St Cloud MLS
www.StCloudEdina.com - Home of the e-MARKET ANALYSIS (Free Home value Estimator)
