While much of Minnesota has languished during the housing downturn, the market for Alexandria MN homes seems to be quite durable. Small wonder. Alexandria’s economy has undergone expansion in recent years, and even though this region has seen its share of lender-mediated listings, Alexandria MN homes are still a good long term investment. Keep in mind that the vast majority of homeowners have not defaulted on their mortgages, and those who have owned Alexandria MN homes for awhile and avoided unwise refinancing products are still in a good equity position.
Here are some Alexandria MN homes that have been posted on the Northstar Regional MLS recently:
See all Alexandria MN properties currently for sale.
It might not be the greatest time to purchase property with the notion that you are going to flip it overnight for a big profit, but we all know that Alexandria real estate is still one of the best long-term investments you can make. This city is the seat of Douglas County, MN and the leaders at all levels of local government are all acutely interested in innovative ways to expand and develop the local economy. Also, there are plenty of prime Minnesota fishing and recreational lakes here, and Alexandria MN lake homes enjoy a more or less permanent demand. Lake Latoka, Lake Carlos, Lake Mary, and Lake Osakis are names that are recognized by Minnesota fishermen, and the walleye fishing in the Alexandria MN chain of lakes is legendary.
Real estate photography courtesy of Reese Imaging.
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