Fargo Moorhead Real Estate

Real Estate in the Fargo Moorhead, ND/MN area is certainly not slowing up as the rest of the nation takes on the winter months. Fargo Moorhead Real Estate and homes for sale in Fargo, ND and Moorhead, MN are holding ground as a number of new MLS listings come out each day. There are more property's listing each day in the month of October and November then there are houses selling/closing/pending.

The sellability of homes are gaining ground from the past year with an increase in value, as we saw about a 4-7% average return on your home investment value this past year. The 2009 year has high hopes with anticipation of lowered interest rates maybe as low as the high 4% according to a number of mortgage lenders in the valley.

HUD homes and Foreclosures are not as popular as they are in the south western part of Minnesota, as sub prime lending did not hit the Fargo Moorhead area as strongly as it did in other areas. ND was one of the lowest ARM or Adjustable Rate Mortgages and Subprime lending states which proves the minimal amount of foreclosures in the state of ND. Northwestern Minnesota does not include the southern part of Minnesota as statistics also provide little to no reposessed propertys.

Fargo Moorhead is a great area to look into for growth in your investment and equity in your home, as 2009 looks like a good year to come. Purchasing a home in the next few months will have some benefits, especially with legislation giving a $7,000 tax credit for persons that bought a home in the past 6 months and through the upcoming april.

Good luck to all and contact me if you have any questions!

Dave Werth

218-790-7653 / davew@kvammerealestate.com / www.NewRealEstateProperty.com