Ray & Nimi Singhal's Real Estate Blog | Shoreview MN Homes & Roseville MN Homes | First Time Home Buyers, Housing Market, Foreclosures

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Ray & Nimi Singhal Team
REALTORĀ®

    CRS: Certified Residential Specialist
    ABR: Accredited Buyer's Representative
    e-PRO Certified
    GRI: Graduate REALTORSĀ® Institute

Direct: (651) 398-6261



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Coldwell Banker Burnet
100 Village Center Drive
North Oaks, MN 55127


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After the first time homebuyer tax credit…

We experienced a serge in home sales in the months of April due to the first time home buyer tax credit. The reality ofwhat the true housing market starts from here on out. There are not any more incentives to buy a home in Shoreview or anywhere else…just the same old benefits of home ownership. Homes even after the tax credit still continue to sell and believe it or not, there are buyers waiting to buy. It doesn’t look as bleak as some may say, homes are still selling. It just takes more time, effort, and patience to sell these days.

The housing market as you may notice, is going on the upswing. There is a steady rise in the average price home sold, and the numbers and statistics compare to last year is on a steady rise. Before you know it, we will once again be talking about how great the housing market it and forget all about the burst.

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