This Month in the Brainerd Lakes Real Estate Market

Rates are at a record low after steadily declining throughout May, primarily due to uncertainty in the global and domestic economies. While these incredible rates represent a significant savings for home buyers, experts note that for the benefits to fully be realized, lending conditions must loosen so more buyers can take advantage of them. As overall economic activity gets back on track, rates will likely rise to keep inflation in check. In other words, the window of opportunity for buyers to lock in these historically low interest rates may not remain open much longer.

In our lovely Brainerd Lakes are of Minnesota, we have homes in every price range, condition and location. Investment properties abound with many duplex and single homes at great prices to convert into rentals.