Is one of your New Year’s resolutions to buy your next home?  With home prices rising, and multiple offers soon to be the norm, now is the time to start looking. Get your pre-approval with a reputable, reliable loan officer and get you started on your new home search!  If you don’t have a loan officer, contact me at: lisa.maxwell@results.net, and I will get you connected.

Here are some stats that may help motivate you:

days-on-market

In Woodbury, MN homes are not staying on the market long at all!  If you see one you like, set up a showing right away!  Make sure you’re pre-approved first though.  It’s not nice to the sellers to make them clean for hours and have to leave their home when buyers haven’t shown their qualified to look.  Once you decide on the home you want, make an offer.  Let your Realtor® take care of the rest!  That’s what we’re here for!

percent-of-orig-price-12017-wb

This chart shows homes in Woodbury, MN are getting very near to asking price.  This means lowball offers are probably not going to be accepted or even considered in this market.

number-homes-for-sale-117-wb

And this last chart shows there aren’t many homes on the market in Woodbury, MN for first time homebuyers especially.  Again, it is imperative you are pre-approved so once you see the home you want, you are in a position to make an offer.

Now is the time to buy!  Interest rates are rising.  The longer you wait, the more money it is costing you since higher rates mean higher monthly payments for you.  Call me if you are looking for your new home in 2017!

Lisa Maxwell 651-683-2467

lisa.maxwell@results.net

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