For everyone whose springtime house-hunting plans were disrupted by the pandemic, it might seem best to just let the year pass before renewing the project, since things still haven’t settled back to where we found them last February.

But if the natural inclination is to hold off until 2021’s busy real estate season, there are some compelling reasons why this fall might be a superior time to go house hunting. Aside from any personal objectives that had buyers eager to make the move to a new St. Cloud home, three powerful financial considerations prompt earlier action:

1.      The indisputable advantage St. Cloud home buyers have right now: those interest rates! Theoretically, they could move even lower—but un-theoretically, sooner or later, they will move higher (most likely, far higher). Today’s home loan interest rates are bankable examples of the wisdom of the “bird in the hand” maxim.

2.      Equity building is best characterized as a ‘sooner-rather-than-later’ activity. For first-time homeowners, the earlier you cease rent-paying, the sooner some of your housing dollars begin building your personal equity instead of disappearing forever.

3.      Tax advantage. The homeownership tax advantages are serious—and for St. Cloud homebuyers who close before year’s end, they begin to pile up immediately. That would make April 15, 2021 (rather than 2022) a more enjoyable date.

Those three powerful financial inducements are (not by accident) also three good reasons to give me a call!

Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota. We have agents specializing in residential, commercial, multifamily, new construction, existing, investment properties, foreclosures/REO, and short sales with offices located in:

Five Office Locations To Serve YOU!

Saint Cloud 320-259-4554
Princeton 320-983-3555
Maple Grove 763-565-2000
Hutchinson 320-455-9127
Litchfield 320-298-1140

Premier Real Estate specializes MANY areas around Central MN including Saint Cloud, Waite Park, Rice, Royalton, Sartell, Royalton, Little Falls, Cold Spring, Saint Joseph, Elk River, Monticello, Ramsey, Saint Michael, Andover, Ham Lake, Anoka, Champlin, Buffalo, Glencoe, Brownton, Silver Lake, Kandiyohi, Dassel, Minneapolis, Maple Grove, Saint Louis Park, Saint Paul, Robbinsdale, Crystal, New Hope, Brooklyn Center and more!