Mike Best

REALTOR EMERITUS

Eden Prairie

11200 West 78th Street

Eden Prairie, MN55344

Cell: 612-723-0748
Main: 952-829-2929
Office: 952-829-2900
Fax: 952-829-3828
Toll Free: 800-878-2901
Signed in as . Sign Out

Spring: Higher Temps and Lower Interest Rates!

It was a long time coming, but Spring seems to be getting a foothold in good, old MN. House purchase activity is also picking up, thanks to higher temps, lower river crests - and continued low interest rates. Currently FHA mortgage financing is going for 4.375% on a 30-year, fixed rate mortgage. For those of you who have been thinking about moving, check out the mortgage numbers - they are very competitve with rents right now. The selection is thinner than last year at this time, but more are coming on all the time. YTD so far this year, 67.2% of Single Family, and 85.3% of condo/townhouse sales have been at or below $200,000. There are some very good buys all up and down the price ranges, with good properties to choose from Check it out for yourselves, and let me know what I can do to help!! HAPPY SPRING!!!!!


Pin It