The Minnesota Realtors put out their annual housing report again this year in early February. Following are a few key metrics from the 2025 housing report that may be of interest to both buyers and
Why own a home?
Dated: December 16 2024
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If you have been thinking about buying a home in the new year but are worried about the high cost of home prices and mortgage rates you are not alone. But and it's a big but…there’s the bigger picture to consider: the long-term benefits of homeownership. Don’t forget that over time the value of your home will increase and that means your net worth also increases. A quote from Mark Fleming, Chief Economist - First American, really explains it all by saying “In deciding whether to rent or own it’s important to remember the wealth-building of equity accumulation.”
If you want more information about the benefits of home ownership please click on my
Real Estate with Ruth Lecy page to dive deeper. You will find several links with valuable information.
Now it’s time for me to once again wish you peace and joy for this holiday season. I look forward to helping you with your real estate needs in the new year.
Ruth Lecy
With over 35 years of experience in residential real estate I have the expertise you are looking for. My experience spans from land and lot sales and purchase; to first-time buyers; to luxury multi-m....
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© 2026 Realtor Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this limited electronic display comes in part from the Broker Reciprocity (sm) Program of the Realtor Association of Southern Minnesota Multiple Listing Service. Real estate listings held by brokerage firms other then REMAX Advantage Plus - Minnetonka are marked with the Broker Reciprocity(sm) logo or the Broker Reciprocity(sm) thumbnail logo (a little black house) and detailed
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