As a real estate agent in the lakes country area, which includes the communities of Detroit Lakes, Lake Park, Audubon, Pelican Rapids, Hawley, Mahnomen, Park Rapids and points in between, I’m struck by the apprehension about buying a home in today’s market.
The truth of the matter is that there has never been a better time to buy when we consider the unique forces at play. Interest rates are near 40 year lows, prices have moderated, and the number of homes on the market is greater than it has been in years.
Monday, March 17, 2008
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