Lake Pepin is the largest lake on the Mississippi River and creates the natural border between Minnesota and Wisconsin. Considered to be one of the ten most scenic areas in North America, it is the birthplace of Laura Ingalls Wilder (Pepin), has the first City in Minnesota (Wabasha), is where the sport of waterskiing was invented (Lake City), is one of the World’s best areas for sailboats, has the only working lighthouse on the river (Lake City), and features a world famous lake monster named Pepie!
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Here Are This Week's Most Current Listings! Issue #20
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Space for Family, Pets and all Your Toys
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Low Maintenance Living At It's Best
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Ramblers/ Ranches, Main Floor Master
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5+ Acres Homes, Hobby Farms
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📈Weekly Southeast Minnesota Market Watch |
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It’s a depressing combination. A stunning rise in mortgage rates, historically low levels of inventory, and skyrocketing housing prices are fueling consumer pessimism. On top of that, consumers expect their financial situations to worsen over the next year. These concerns will likely diminish mortgage demand from move-up buyers, which in turn will translate into fewer available entry-level homes, Palim said. It feels like now is basically the worst time ever to buy a house. Rest assured, rates are still lower than they have been historically, and this week we saw a jump in 50 homes on the market with a decline in closed sales.
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👉 Weekly Spotlight: Stockholm Pie Shop & General Store
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Named "BEST CAFE", "BEST PIE" and BEST DESSERT on the Mississippi River by River Travel Magazine. Extraordinary sandwiches, salads, savory pies and World Famous Pie! Made with only the highest quality fruits and nuts. Each is handcrafted from scratch in our kitchen. I stopped in and tried the Pie Cookies and WOW, they are amazing!!! This local business has a great staff, a full lunch menu, dine inside (and out!), plenty of great handcrafted coffee and espresso drinks, and an adorable general store!
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Land contracts: Cheap mortgage alternative or bad risk? |
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Are you having trouble qualifying for a mortgage? You know you can make the payments, but maybe your credit score is a wreck after a rough patch. Maybe you lost your home in the foreclosure crisis. If only there were a way to buy a home despite all that …
Enter the land contract (contract for deed, same thing!). A land contract can be a fast, simple, low-cost workaround. Or it can be a major mistake. Also referred to as “contracts for deed,” “bonds for deed,” “agreements for deed,” and “land installment contracts," these contracts are not mortgages. They’re a form of seller financing. And unlike mortgages, which give you a variety of legal protections, land contracts are largely unregulated.
Read the Rest of the Article >>> HERE
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📢 The Southeast MN Blog - This Week's Post |
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Your own private getaway…are you ready for your second home away from home?
In Minnesota, particularly in more urban/suburban areas, we all know someone that goes “up north” for vacation. Getting away from regular life for a few days is good for your mind, body, and soul (unless you are a traveling with small kids, and in that case, its just more work with a better view🤣). Sure you can spend a few hundred $$$ and hop on a plane and head to Florida or Arizona every time you want to get out of town, but with a second home 2-3 hours away, deciding on Thursday night to go away for the weekend is a no-brainer.
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I'm here for you...Your REALTOR® for Life
For the record. it doesn't matter to me when you buy, sell, or refinance. My goal is to help you when the time comes. Thank you for your time!
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This communication is not intended to solicit properties already listed for sale or to cause or induce breach of an existing agency relationship. Please disregard and unsubsribe if under contract with another real estate agent. Thank you! |
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