My New Blog

Recent data from the Minnesota Association of Realtors is showing a trend up in home prices.  This is great news for the people that own homes and a reason for the buyers to move forward and purchase that house while the prices are still low and the selection is still plentiful.  One of the biggest reasons why we are seeing an increase in pricing is due to the strong demand from the first time home buyer (FTHB).  Many of the State, County, and City plans are running low on funds or are completely out of money.  This shows that the plans that offer the FTHB an incentive to buy are working to get them out in the market place. 

If you are a first time home buyer, don't despair because the money is running out.  The local agencies fund these programs by selling off bonds to offer below market rates or grants for down payment.  You can check out the best plans by visiting the First Time Home Buyer tab on my home page.