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 Lake Vermilion Real Estate

A daily journal concerning Lake Vermilion and surrounding areas.
Selected real estate, notes, stories, musings, and anecdotes.

April 3, 2009

Woodpecker condoAhem.

Please consider this post a reminder… sorta like a ribbon tied around your finger… or a note pinned to your shirt pocket… or maybe a call from your mother.

Yes, please excuse me while I announce, once again, that it’s…

a great time to buy a little real estate!

Four significant events have formed within the same timeframe to make a home or recreational property purchase more appealing right now than in recent memory.

First, the selection is above average. (If you haven’t already, check the listings on the right hand side bar. The inventory is increasing.) Second, mortgage interest rates just hit a historic low number. Third, values have adjusted downward. And four, sellers are eager to negotiate right now.

I hope I don’t have to bring this up again.

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