If you are a renter who thinks they can't afford to buy a home, you may want to think again! Based on a new quarterly report on the Twin Cities' 50 most active real estate markets conducted by MGIC/MAAR in the MGIC/MAAR Home Payment Report, homes are especially affordable....you can find out why by following the link below to access the full report!
Some examples from the report:
In Maple Grove, the median payment on a mid-priced home is $1,440 making it lower than most rental units with 3 beds
In the Nokomis neighborhood of Minneapolis, the median payment is $1,349 for a mid-priced home, which is again lower than most rents
To access the full MGIC/MAAR Home Payment Report, please click here.