As a Keller Williams realtor I have watched the market move from sellers market to a buyers market. Homeowners have often refinanced and used up their equity on home improvements, vacations, or fancy cars and are now looking at current home values and are feeling they have been cheated. The fact is that the money was there and has just been spent. Some of us have chosen to hold onto that equity and are now seeing current market value and are frustrated by the difference between a few short months and today.
The facts are that we are being told that the housing crash may be over. Employment is looking better and key industries are reporting growth again. These are indeed signs that the recession is over and that we might expect homes to begin to sell again. That said, now is the best time to purchase that home no matter if you are a first time home buyer, your looking for a larger home, or perhaps you are interested in investing.
The mortgage rates continue to be at all time lows making this the perfect time to buy. Some of you are worried about taking that loss on your current home, but if you are planning on moving to a larger home, its still a win, win for you. Now might be the best time to see what kind of loan you could qualify for and what amount you would qualify for. With a qualification letter from a lender we can begin seeking that perfect piece of real estate. The American Dream of Home Ownership still lives within most of us.
For more information about the Forest Lake area Real Estate Market please contact Kim Woehl – Keller Williams Premier Realty at 651-214-1459. To search for homes for free via the MLS (multiple listing service) please log into my website! http://kwoehl.kwrealty.com/ Today might be the perfect time to get a current market value for your home, or to begin the process of finding a new place to call home.