What's Going on in St. Cloud?

There are many great St. Cloud area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (320) 240-3363 for a FREE home buying or selling consultation to answer any of your real estate questions.

Many people in Central Minnesota have been wondering whether we're on the verge of another housing bubble. Luckily, it's not looking like it.

We currently have a stable market that is continuing to expand. We're seeing stable prices that are rising, but not dramatically. We're not seeing the kind of rapid price increases here like many metropolitan areas are. Currently, we have 6 months of inventory, which means we have a balanced market - neither buyers nor sellers have an advantage.

The reason some people think we may be on the verge of a bubble is the cost of new construction is increasing substantially. As the market gets tighter and inventory starts to decline, the price of used homes is going to rise.

Right now is a great time to make your move. Interest rates are still low and home values are continuing to appreciate. If you would like to take advantage of these fantastic conditions before they start to change, give us a call. We would love to help you achieve your real estate dreams!