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St. Cloud Area Homes Taking Longer To Sell As Market Shifts Toward Buyers
['Jay Caldwell']
MIX 94.9 – St. Cloud\'s Fresh Mix
Cloud metro area are staying on the market longer.
He says homes staying on the market 60-70 days is a "normal" real estate market even if it doesn't feel that way.
Home Buyer FlexibilityEhrlichman believes homes staying on the market longer isn't necessary a bad thing.
Interest RatesEhrlichman says interest rates were so low for so long and now they are in the 6.5% range.
Ehrlichman says in 1971 interest rates were at 7.1% and many people were waiting for the rates to come down.