Rochester Minnesota Real Estate News & Listings Presented By RE/MAX of Rochester

2006 NW Crimson Ridge Drive, Rochester, MN 55901

Wed, 18 Aug 2010 10:34:47 GMT

Amazing price on this totally finished walkoout ranch with many upgrades and amenities. Custom maple cabinetry, granite counters, red birch flooring, 9' ceilings as well as knockdown ceilings. Stunning floor plan w/a 4 season room, a large master suite w/double vanity & seperate shower & jetted tub. This 3 bedroom 3 bath townhome also offers French doors, pantry, large laundry & mudroom.(See Supp)

2056 SE 11th Avenue B, Rochester, MN 55904

Fri, 25 Jun 2010 10:24:58 GMT

One level living in this main floor unit. Secure building with common entrance. This 2 bedroom unit offers a spacious master w/walk-in closet. Open living room with access to private patio. Kitchen includes a center island, pantry, white cabientry & appliances. Seperate garage included with this unit.

OPEN HOUSE Saturday 7/31 from 10:30 - 11:30 AM

3121 SE Tamarack Lane, Rochester, MN 55904

Tue, 15 Jun 2010 10:14:29 GMT

Let the sun shine in! Bright and open with ceramic foyer, open staircase and vaulted ceilings. Mission style doors set the tone for this walk-out rambler. Kitchen features a center island and birch cabinetry. The convenience of main floor laundry off the three stall garage. Stunning views are an added bonus.

OPEN HOUSE Saturday 7/31 9:00-10:00 AM

2551 SE Stacy Street, Rochester, MN 55904

Tue, 15 Jun 2010 10:14:29 GMT

Unbelievable price on this bright & open new construction home. Featuring vaulted ceilings in living and dining areas. Kitchen offers plenty of counter space & snack bar. Master bedroom with his & hers walk-in closets & a pass thru bath. Great backyard!

Should I Buy a Home Now?

Fri, 04 Jun 2010 13:05:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.