Up North… this could be a good time to fulfill your lake cabin dream

In Minnesota, going 'Up North' typically translates to going to the lake cabin. With more than 10,000 lakes, it's hard to find a Minnesotan who doesn't have ties of some kind to some body of water. This weekend is a good example… when I told a client we were heading 'Up North' she asked, where is your cabin?  While we have never had the desire to own a lake cabin of our own, we still have wonderful memories at our 'lake connections'… most notably at a brother's cabin on Bad Medicine Lake.

Lake1-2016

For many Baby Boomers, having a lake cabin was living the Minnesota dream. But attitudes have shifted somewhat following the recession and not as many people are investing in a second home. Also, while some Baby Boomers are retiring at the lake, others are shifting their focus to retirement in warmer climates and/or moving closer to family and grandkids.

This means that sales are cooler up at the lake than in the hot metro market, as reflected is this article from the StarTribune, Lake Home Sales on upswing, with deals to be had. If you have been dreaming about owning a lake home, this could be a good time to buy… prices are lower than before the recession, supply is good so there are many choices, and interest rates are still low.

You also don't have to go 'Up North' to live on a lake… we have many lakes right here in the Twin Cities metro area… let us know if you would like to explore the options…

Sharlene Hensrud, RE/MAX Results – Twin Cities Realtor

The team at HomesMSPSharleneJohnAngela Minneapolis-St. Paul Buyer's Agents

RELATED POSTS

Written By

I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

Related Posts

Weekly real estate market update 7/19/24… fixing up your home can make a difference

đź–¨ Print Article Showing activity is eerily on the same track as 2021… below 2020 and 2023 but ahead of 2022. Bottom line is, you don’t need 20 showings and...

Weisman Art Museum… and the shoe tree

đź–¨ Print Article The Weisman Art Museum on the campus of the University of Minnesota is one of the most recognizable landmarks in the Twin Cities. Hugging the east bank of the Mississippi River, the...

Subscribe to Our Newsletter for Market Updates & Mid-Century Modern Listings

Our weekly HomesMSP Update includes current local market information and a curated list of mid-century modern properties for sale, plus posts from an inspector, a lender, a stager, info about neighborhoods, life in the Twin Cities… even recipes!

Hidden

Blog Categories

Archives

Sharon and John Hensrud

About Us

The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.