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Real Estate Tips

Interest Rates >Affordable Home Loans

A whole new crop of homebuyers emerges every year. With interest rates remaining relatively low, more interested buyers than ever before are applying for home mortgage loans. Affordable loan packages are creating more investment possibilities for second homes. Trade-up or scale-down buyers are free to move into an exciting new home or condo, making more starter homes available for first-time buyers.

The advantage goes to the seller when there are more buyers than homes for sale. But in a market where the inventory of homes is growing, the competition between sellers increases and gives buyers more options. More competition is not a problem if the local market is moving at a lively pace.

Affordable loans and a wide variety of financing options make it an excellent time to buy or sell real estate.

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Real Estate Trivia

Q	What are three of the best indicators of real estate market trends?
A	Existing home sales, new home building and mortgage interest rates.
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The Pastrana Team, REALTOR®, real estate agent and broker for Minneapolis, St. Paul, Twin Cities and Bloomington, Minnesota home listings, property and land for sale - NUMBER1EXPERT

Jesse and Kimm Pastrana
Century 21 Pastrana Realty
3209 W 76th Street #203
Edina, MN 55435
Tel: 612-824-2272
Informacion en Espanol: 612-282-4476
Email: info@pastranateam.com
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