Building Wealth - 10/29/08 08:18 AM
It is known that the majority of people sell assets when they are dropping/dropped price out of fear of further drops. It is also known that most of the wealthy people buy assets such as homes when the prices have dropped. It takes more courage, but much wealth is built in times like these.
 
Kale Hassan, Realtor
Coldwell Banker Burnet
651-486-4860
www.kalehassan.com
 
… (0 comments)

Interest Rates and Pending sales - 10/22/08 07:55 AM
With all that's going on in the economy, the interest rates on mortgages remain excellent (around 6% on a 30 year fixed loan). The combination of great rates and plenty of great deals on homes has increased pending sales tremendously. Many who want/need a home or want to invest are using this opportunity to do so.
Kale Hassan
Coldwell banker Burnet
www.kalehassan.com
651-486-4860
… (0 comments)

US Economy and Housing - 10/09/08 07:29 AM
As everyone knows, the US Economy is influenced greatly by the housing market. Many areas of the country, including Minnesota are seeing signs of strengthening. With prices as low as they are along with the large inventory of homes is making many ask themselves "will I ever see an opportunity to buy a house like we're seeing now?" Times like these are when the savvy buyers buy.
 
Kale Hassan
Coldwell Banker Burnet
651-486-4860
www.kalehassan.com
 
… (0 comments)