Even less homes going on the market after our snowfall this week. A number of trends that influenced the year’s housing market continue to affect prices and inventory including building supply shortages and low mortgage rates.
Weekly Spotlight: Barn Bluff
Enjoy beautiful views of Red Wing, Minnesota, the Mississippi River and Lake Pepin on this dog-friendly hike. Barn Bluff, known by it's Dakota name He Mni Can, is significant for its geology and its association with prehistoric and native peoples, as well as the exploration of the upper Mississippi region of the early nineteenth century. The bluff is considered sacred by the Dakota people because it is the site of many burial mounds. Hiking Barn Bluff is an enjoyable and is easily-accessible. Even at a slow pace, it takes just 30-45 minutes to reach the peak.
Yes. Introducing the USDA Loan. Perhaps you feel more at home surrounded by pastures than pavement. If so, buying a home might be well within reach, thanks to the U.S. Department of Agriculture mortgage program. In fact, the USDA might have one of the government’s least-known mortgage assistance programs. A USDA home loan is a zero down payment mortgage for eligible rural homebuyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture.
You can make a successful offer on a home even in a competitive market — with the right information and help. Whether you’re in the middle of a home bidding war or facing down a list of must-haves, don’t lose sight of your budget and the risks.
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