Buying A Home in Today’s Minneapolis St. Paul Area Real Estate Market
There has seldom been a time when prospective Minnesota homebuyers have had as many opportunities to find their ideal home than right now. Economic conditions have driven home prices down. Unfortunately, those same economic conditions have caused some homeowners to owe more on their current home than the home is worth. Some have even been forced into foreclosure. The result of these problems is that many homes are available in the Minneapolis St. Paul metro area. Home prices are lower than they have been in many years.
At this moment, Minnesota real estate is a buyer’s market. Whether you’re a first-time buyer or want to move from your current home, you’ll have a wealth of choices, and can take advantage of the low prices and attractive mortgage rates. Since any of these factors can change, acting now to begin searching for your next home is important.
Avoid Confusion In Your Twin Cities Real Estate Search

Buying a home can be a daunting proposition. So many factors enter into the process that every prospective homebuyer needs help. REMAX Advantage Plus wants to help you through the entire process. From our expert agents and our convenient offices to the powerful Twin Cities MLS listing tools on this website, we can help guide you through the process off finding and purchasing the home you’ve always dreamed of. Here are some of the factors you need to consider:
- Location – The Minneapolis St. Paul metro area is complex, with homes available in both cities and in suburban areas. Your first choice should be where you’d like to live. See our individual city pages on this site for information. REMAX Advantage Plus agents are experts in all communities we serve, and can answer any of your questions about communities in the Twin Cities metro area.
- Type of Home – Deciding what kind of home will suit you best is another important factor. You’ll find newly constructed homes and existing homes in all styles and sizes. From single-family homes and townhomes to city condos and luxury homes on large lots and acreage, you’ll find many homes that suit your family’s lifestyle and needs. Your REMAX Advantage Plus agent can help you narrow down this complex choice.
- Price – With prices ranging from short sale and foreclosed properties at very low prices to luxury homes on the market at previously unheard-of bargain prices, you’ll need to determine how much home you can afford. A REMAX Advantage Plus agent can help you determine this and guide you to available homes that fit your budget and desires.
- Financing – You may already have a lender in mind for your next home purchase. If you don’t, or even if you do, talk to your REMAX Advantage Plus agent about financing possibilities in the Twin Cities. Explore your options.
- Selling Your Current Home – If you’re upgrading or relocating from your current home, today’s market means you need help to get the highest return on your current home investment. Rely on REMAX Advantage Plus to list and market your current home to your best advantage while you search for your next home.
Getting Started with Your Minnesota Home Search

When you begin thinking about finding a new home for you and your family, there are many decisions to make before beginning the actual search. Once you’ve answered all of your questions, searching intelligently can make your search a fascinating and rewarding process. Get started by following these tips:
- Identify your Ideal Home – Begin your search by defining the ideal home for you and your family. How many bedrooms and baths do you need? Do you need home office space? Are a home recreation room, a great room for entertaining, a formal dining room, a three-car garage, outdoor recreation facilities, or other amenities things you must have? Do you want a brand-new home or a classic pre-owned home? What styles of architecture do you like best? If you’re handy, you may want a home you can work on to build sweat equity. Make a list of the must-have features you want, along with a list of features you hope to have in your new home.
- Find your Ideal Location – Determine what’s important to you about where your new home is located. Do you want a short commute to your job? If you have children, you’ll want the best possible schools for them. The safety and security of your family is also an important factor. Easy availability of shopping and recreational activities is also an important factor for most families. Think carefully about locations. Check the Homes in Our Communities [link] listings on this REMAX Advantage Plus website to get information, and contact a REMAX Advantage Plus agent with your questions. We know the Twin Cities area intimately.
- Define What’s Affordable – One thing we all have learned in the past few years is that buying a home that fits our budget and economic plans is crucial. Check your current situation carefully, consult with your financial advisor, and make a realistic projection of your future situation. Consult your lender to see how much home you can qualify for. In the end, only you can decide how much home you can afford.
- Start Your Search – Right here on the REMAX Advantage Plus web site, we have all the Minneapolis St. Paul MLS listing tools you need to explore your real estate opportunities. Search in the entire area, or focus on a specific city or neighborhood. Set up the search to find homes with the features you want, in the area you want, and at the price you want. Always remember, though, the more flexibility you allow, the more homes you’ll be able to preview through an MLS listing.
- Involve a REMAX Advantage Plus Realtor – Contact one of our REMAX Advantage Plus Minneapolis St. Paul offices early in your search process. Our expert real estate agents can help you at every step of the process, and will have ideas about factors you haven’t even considered. We want to help you with this process.
Make REMAX Advantage Plus Your Minnesota Home Search Partner
At REMAX Advantage Plus, we’ve helped thousands of Minnesotans find their ideal home. We have the experience, expertise, and training needed to help you through the complex process of identifying and buying your next home. A REMAX Advantage Plus real estate agent can answer any questions you may have about Minneapolis St. Paul real estate, and can show you any home listed in your Twin Cities MLS listings. Contact us today to get started on finding the home of your dreams.


