While the inventory is still fairly good here in upper NW Wisconsin, that won’t last long. If a lake home or cabin in the woods is the dream, make that dream come true this Spring for the best possible deal.
Home Buyers need to get off the fence! Home Prices Are On The Rise Because Inventory Is Becoming Low.
For Buyers that are on the fence about buying, they should take a step closer and jump off the fence now. Supply and demand is having effects on the Twin City’s home prices and they are on the rise. Now is the time to act or it’s possible they will be spending thousands of dollars more on their next home.
Interest rates on home loans could also be on the rise sooner then we think too. With the combination of Higher home prices + Higher home loan interest rates = Higher monthly payments and less home for your money.
In the Twin Cities region, for the week ending March 16th, 2013; the median sales price increased 15.5% to $160,000 and the days on market decreased 22.2% to 112 in comparison to…
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