What a great time to be buying or selling a home in Albert Lea, MN. For buyers, the interest rates are at an all time low and the prices of homes are very favorable. For a seller, the inventory is low which limits competition. Also, the buyers are coming out to purchase and take advantage of the low interest rates. So if you are thinking of buying or selling now is the time to contact a Real Estate Agent and start to educate yourself on the current market conditions. Get an updated list of what has recently come on the market, went under contract and has sold. This is information will make you more of an informed buyer or seller. Contact your mortgage lender and get informed on how the current rates are going to be to your advantage (15 year mortgage versus a 30 year mortgage). Utilize your Real Estate agent to help you gather this information. I attached this week’s activity for Albert Lea, MN in the attached link. There were five new on the market or back on the market homes, three homes that went under contract and four homes that sold this week. We are coming into the season where the Real Estate market tends to pick up. It’s a perfect time to be buying or seller a home.
Thank You,
Matthew Johnson
RE/MAX Properties
412 E Williams St
Albert Lea, MN 56007
507-213-0360 (cell)
507-377-2752 (office)
507-377-2783 (fax)
Licensed in Minnesota and Iowa
www.AlbertLeaToTheMax.com
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