When you're looking for a home, following housing market trends is the best way to know when to strike, and the expert realtors at EXIT Realty Nexus can help you find that dream home. For nearly 20 years, the EXIT Realty Nexus team has been uniting aspiring buyers with land for sale, luxury real estate, townhomes for sale, and more, as the realtors have access to hundreds of thousands of listings at any given time.

Speaking of time, the housing market's iron is hot right now. According to Keeping Current Matters, an increase in rates is expected, which means that monthly mortgage payments are going to start rising. In other words, your housing expenses could be drastically higher by next year, but you could also cut them in half by buying now. After all, you're going to be paying a mortgage no matter what, so why not pay one that's hundreds of dollars less?

More specifically, the Home Price Expectation Survey states that home values are expected to hover between 11.8% and 26.7%, which means that either way, they'll keep appreciating. And the Mortgage Bankers Association and Fannie Mae project that rates will go up to the tune of three quarters of a percentage point within the next 12 months.

If you wait until next year to buy, you could be looking at some pretty exorbitant costs. But if you seize the day, you could be relaxing in your brand new home with a bank account that's in no danger of being significantly depleted.

To find out more, contact EXIT Realty Nexus at (612) 281-1033 , or visit the team online. Good things may come to those who wait, but not when it comes to staying ahead of the market, so reach out today to find a house for sale.