It’s Still a Great Time to Buy in Minneapolis
Inflation is high and interest rates are up—is this really the time to buy a house? Experts say, yes. Here are three reasons why buying a house right makes good sense.
Homeownership is a great hedge against inflation
It seems like prices are going up just about everywhere, but if you’re locked into a stable rate for the duration of your loan, your house payment will always stay the same. Unlike renting which typically renews (and often rises) annually, owning a home allows you to stabilize what is most likely your largest monthly payment.
There is less competition for houses
Unlike the craziness of the pandemic days when hot markets saw dozens of bidders frantically hoping to beat the competition,…
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