Minneapolis, MN - Downtown Minneapolis real estate agent Ben Ganje, known as the Urban Realtor/Dad, says the lowest interest rates in years are boosting demand for condos and lofts.
According to Ganje, with interest rates hovering about 4.87% for a thirty year fixed mortgage, Minneapolis lofts and condos make for a great purchase decision for more and more Twin Cities city dwellers.
"I think more young couples are deciding to move into the Minneapolis downtown because it has a lot of benefits: Cheaper real estate prices, of course, but also a culture-rich lifestyle, and shorter commutes."
With fuel prices climbing higher and taking a bigger chunk of the family budget, Ganje says there are a lot of financial incentives for young professionals who work downtown to live and work within walking distance.
"Everyone talks about oil prices and food going up. I just tell them to move closer to work. Downtown is not just a great place to work, it is an incredible place to live, and you can save a lot of money."
He says his clients have a wide variety of reasons for moving to the city. For some it’s the fast paced lifestyle, while others are drawn to the beautiful cityscape view from some of the nicer Minneapolis condos.
"The bottom line is that Minneapolis real estate just makes financial sense for a lot of people--even those like me who are raising a family."
Ben Ganje
Urban Realtor/Dad
www.SearchMinneapolisCondos.com
700 Washington Avenue N #101
Minneapolis, MN 55401
(612) 777-8005
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