This is the best week to buy a home in three cities… including Minneapolis!

I was surprised when I read an article from realtor.com this morning that stated that this is the best week of the year to buy a home in three US cities… Los Angeles, Houston, and Minneapolis!

They stated that now is the “perfect storm” of optimal conditions…

  • Many buyers are still on the sidelines, so there’s less competition
  • Sellers have been making price adjustments to offset higher interest rates
  • Sellers may be more willing to negotiate to avoid holding their home over the winter
  • There’s a buildup of inventory, so buyers have more choices

I don’t know that I would go so far as to say that this is the best week to buy, but I do agree this is a good time to buy… and with many people focusing on things other than buying a house as we lead into the election next week that adds to the “perfect storm” making this week an optimal time to buy!

Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com

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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.

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