Lowest Prices and Interest Rates in Years
It's unclear when the housing market will begin to recover, but analysts predict that prices will begin to slowly increase over the next few months. We may be looking at the bottom of the market, when buying would be an especially good investment. And with interest rates at a 30-year low and expected to increase, it's a great time to get a mortgage locked in.
Increase of Low-Fee Mortgages
Many lending institutions are now waiting various fees and points, making the cost of buying a townhouse even less. This can make a significant dent in your monthly mortgage payments!
Builders and Owners Offering Incentives
We won't lie - it's not an easy time for Minnesota sellers right now. Townhouse builders and sellers are throwing in extra incentives to buyers, beyond good prices - warranties, furnishings, appliances, etc.
Almost everything in the sale of a Shoreview townhouse currently works in favor of the buyer. But it won't remain this way forever, which makes now a great time to buy!