When it gets too cold out, most people don't want to move. When the holidays are near by people are too busy to look at houses.  Year after year I find that it slows down this time of year because less people are looking for homes. 

However, if you are in a position to buy a home now, use this time to find the right home!  This is the BEST time to buy a home in Minnesota and here is why:

1.  Less people are looking because its too cold for them to move. ( More homes for you!)

2.  The holiday's are coming and the stress of moving and fitting in time for the holiday's is too much (less competition on offers for you!)

3.  Interest rates are still very very low!

4.  The tax credit extension means there is an extra incentive to buy.  And since less people are looking now, you are less likely to run into multiple offers like you would in the Spring.

5. Going off the above point the prices are going to be lower now then they will be in the Spring.

I would strongly suggest buying a home in the next 2-3 months instead of waiting until March or April if you have everything in line now.

Chuck Carstensen

RE/MAX Associates Plus Inc.

612-290-3809