The Skinny is in - the Twin Cities Housing Market is headed in the right direction! Less inventory, great prices, low mortgage interest rates AND the $8000 first time home buyer tax credit! But, you must hurry to get the credit as it expires the end of November!
Take a look at the video posted by the Minneapolis Area Association of Realtors: YouTube "The Skinny" for September 2009
The St Paul Area Association of Realtors has also posted an update: Market Beat Click to open window, then click on Market Beat video link to the right on that page.
In any event, once you've listened, you will understand what's happening in the Twin Cities Real Estate Market. It's absolutely time to buy, not only are interest rates still very low, but first time home buyers can get the $8000 tax credit IF they close prior to November 30, 2009. There is no word yet on whether the first time home buyer incentive will be extended, whether it will be available to ALL buyers, or even whether it will be increased to the $15,000 that the National Association of Realtors has been working on. Updates to follow...
Please call at any time with any questions you may have: 651-407-7864 |