Ana's Market Update 5/04/2020

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Real Estate

I hope this message finds you and your family healthy and safe. I wanted to reach out to you with a quick update on today’s Real Estate market and help for those that need it.  

Are you planning on listing?  Believe it or not now is still a great time to list your home. With interest rates at all-time lows buyer demand is still outpacing the available inventory in today’s market. Multiple offers for homes priced below $600K is still very common and your home could be in demand right now.

Are you planning to buy? Even though the real estate market is competitive there is still tremendous opportunity for a new home. This spring we have seen the lowest interest rates ever which has made buying more affordable and increased your buying power.

Are you facing financial hardship due to COVID-19? If you own and need a little help it may be necessary to explore mortgage forbearance options. Here is a helpful video that the Consumer Financial Protection Bureau put out that answers many forbearance questions.   

https://www.consumerfinance.gov/coronavirus/cares-act-mortgage-forbearance-what-you-need-know/ 

Whether you are looking to buy or sell it’s now more important than ever to work with a professional to help navigate this market. I would love to talk to you about how my experience and the technology that Coldwell Banker Realty has available can give you a competitive advantage in this market.

I am looking forward to hearing back from you!

Respectfully,

 

Ana Vogler 

 Realtor® | Coldwell Banker Realty

Minneapolis Lakes Office

Cell: 651-235-4230 

Email: ana@cbrealty.com