Rochester MN short sales present a limited opportunity to Minnesota home buyers. At the time of this post there were less than two dozen currently available on the Northstar IDX system. Certainly, the Rochester MN real estate market is one of the most resilient markets, thanks to a resilient economy with a strong commercial base that includes major and mid-sized hi-tech industries, in addition to the Mayo Clinic. Boasting excellent schools, close proximity to the Twin Cities, and an overall high quality of life, there tends to be a more or less permanent buyer demand for Rochester homes. Rochester MN townhomes are usually see additional demand from the transient population of buyers. Small wonder that Money Magazine declared Rochester MN to be the “Best Small City” in the country.
Check out some IDX listed Rochester MN short sales currently available:
See the entire list of Rochester MN short sales per Northstar Regional MLS/IDX system. These are all residential listings, including Rochester MN townhomes (as available) and single family homes.
Limited Supply of Rochester MN Short Sales
The good news about these Rochester properties is that they are priced right because we know that most of them are selling for significantly less than they were purchased perhaps two or three years ago. Short sales listings in general mean great savings, and short sales in Rochester are an especially good find for bargain hunters. As the local economy moves forward, the availability of Rochester MN short sales listings will become more limited, prices in general are expected to rise, which in turn will mean fewer available short sales. Don’t make the classic investor mistake of waiting for prices to go up. Even high-powered real estate investors like Donald Trump and Warren Buffett are telling us that this is the time to buy! Contact us for background property information and expert advice on purchasing short sales in Rochester MN.