I work with a lot of First Time Buyers and Investors looking for homes in the lower price range. Each time I run a search it amazes me how cheap the homes are. There are good clean town homes in cities like Cambridge and Isanti for around $70,000.
There are many single family homes in those cities and other cities such as Big Lake, Zimmerman, Coon Rapids, Anoka and surrounding areas now approaching $100,000. This is a great time to buy! These homes are at BOTTOM prices or at least VERY CLOSE TO the bottom prices.
If you do the math on those sort of home prices its clearly cheap for most people to own then rent at this point. The Spring market is starting soon so buy now!
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Chuck Carstensen is a Realtor with The Discovery Team at RE/MAX; helping buyers, sellers, and investors of residential real estate. He is a Dynamic Life Coach; The Discovery Coach- "Helping you discover your talents, desires and purpose." Carstensen is a speaker and co-author in the best selling book series Wake Up...Live the Life You Love: Your Wake Up Moments (available Feb. 26 go to http://tinyurl.com/wakeupmoments ).
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