Are your eyes and ears Open? Are you ready to capitalize?
If your new to the Twin Cities, are looking at purchasing your first home or have been a dabbler in the Real Estate market from time to time; I want to start by saying, “Welcome to the market!” You could not have selected a better time to be purchasing a home in the Minneapolis, Twin Cities Area.
Much like many other parts of the country, home prices in this MN market have fallen tremendously over the past three years. And quite frankly although things have seemed, on the surface, to have stabilized; It is so important to stay current with what is happening and what may be about to happen within this market as you travel through the purchasing process. Because of this I want to point you in the right direction and then let you know that I am more than happy to assist you in finding that perfect investment opportunity. For a number of years buyers looking to buy a piece of real estate have relied on their agents for advice.
In the last three years however the question must be asked. Where did this advice come from? Was it a personal opinion of an agent and then passed on to a buyer? Was the advice ever looked at subjectively? Was a second opinion ever obtained? Was the advice based on hard facts?
Many buyers in the last 4 years bought based on my neighbors glass is now half full mentality. You see their glass was empty. Their neighbors was too. Shortly thereafter the neighbors glass began to fill up. It became a quarter full and then months later it was half full. The market value was climbing faster than the Mississippi river in the Fargo/Moorhead area was rising during a spring thaw. Because of this they bought. They assumed that in a short amount of time their neighbors glass would then be full and theirs would be half full. They would be in a better position. The type of loan didn’t matter much due to mentality that the market would keep climbing. The objective approach to buying a piece of real estate was never even in the picture.
In reality an objective approach to purchasing a home is the only way to purchase real estate and because of this:
Here is what I recommend.
Take a look at this website. This is data. Data compiled on a daily, weekly, monthly basis showing you exactly what is going on within the Minneapolis / St Paul Real Estate market.
*** http://www.mplsrealtor.com/market.aspx ***
Once you have read through some of it, call me: Travis Senenfelder | Buy Sell Lease Real Estate llc ( 651.216.9466 ) and lets discuss it. It is important that we take this actual data into the marketplace when we begin looking at homes to purchase for after all purchasing real estate is not just a roof over your head. It is an investment in your future and the future of others.
http://www.buysellleasemn.com
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