minnesota homes Tag

Our pick a home rent to own program.   This is a great alternative to buying a home right now. You can have them buy the home and you can rent it and buy it within 5 years. Here is how it works… You can lease a home in the area you want. You apply online to enter the program. Must have a minimum of 620 credit score and ability to make the payments. You simply shop for homes within the website that are for sale and fit the guidelines of the program. You then live in the home for up to five years and you can purchase it any time during the lease term after the first year. After I do the application and am qualified what happens next?   1)You search for homes within a large inventory of homes for sale that qualify for the program 2) You sign a lease with a one year commitment 3) A security...

Good news on inflation   Inflation is slowing and that is good new for American and Minnesota consumers. The Consumer Price Index inflation moderated to 6.5 percent in December which will help the Federal Reserve to lean toward slower interest rate moves. Inflation slowed on an annual basis for the sixth straight month in December. The Consumer price index was 7.1 percent in November and went down to 6.5 percent in December. With inflation under control in the future interest rates will go down this will impact what buyers get for an interest rate on a home, car, and anything they finance. With this welcome news look for the Federal Reserve to only increase rates by .25 basis points next and not again if this decreasing inflation trend continues. I hope you found my blog on “Good news on inflation” helpful. Look for more blogs on all aspects of Minnesota, real estate, and the world around...

  Minnesota is rated the best state in the nation.   Those of you who complain about our winters should know you living in the best state in the nation and the best country in the world. How can I say that? Let me tell you why… World population review for 2022 by US & World Report defined quality of life for each state in the US. It is measured by comfort, health, and happiness. Quality of life is further measured by material factors, such as income and housing, and health, education, and freedom. Minnesota ranks second best quality of life by this. High life expectancy, low poverty, food security and employment levels were outstanding and great education. Also, high median family income and low levels of separation and divorce. Crime rates are low, the air is clean, and the population is healthy.   WallHub rated the best and & worst states to raise a...