It's now the last FULL week of March, 2025, and the Minneapolis Real Estate Market is more than in full swing, it's inundated with the BEST FOR SALE real estate the 2025 season will hold!
Update On The FED's Decision Last Week
You may have heard, last Wednesday, March 19th, the Federal Reserve's Federal Open Market Committee (FOMC) announced its decision to maintain the federal funds rate within the range of 4.25% to 4.50%. This marks the second consecutive meeting where the Fed has held rates steady, following a series of rate cuts in late 2024 aimed at stimulating economic growth.
The decision reflects heightened concerns over growth and inflation, with projections now forecasting a 2.7% inflation rate for the year.
"We likely remain on an interest rate patch for borrowing to remain in the 6%'s throughout 2025. So no time like the present to SELL if you're going to SELL and Buy if you're going to Buy!"
Current Mortgage Rates - Monday, March 24, 2025
As of March 24, 2025, the average 30-year fixed mortgage rate is 6.52%, down from 6.71% the previous week. The 30-year fixed VA loan rates are slightly lower, with an average rate of 6.134%. (Forbes & Federal Reserve Economic Data (FRED))
Why Selling (and Buying) Makes More Sense Now Than Ever Before
You’ve probably heard it a thousand times: “Buy real estate and wait.” But here’s the truth—waiting right now is costing you real money and lost opportunity.
As trusted real estate experts who help homeowners like you get top dollar for their current home—and find their next dream home—let’s break down the facts in plain English:
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The long-term average mortgage rate is 10%.
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Even at last year’s high of 7.22%, we were still below that.
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Rates today are already coming down—and that’s lighting a fire under buyers.
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Home prices in Minnesota climbed over 6% last year—and they're still rising.
The real question is: Why are you waiting?
If you're holding out for interest rates to drop by 1–2%, but home prices are rising by 10–15% every year, you’re not saving—you’re losing.
Still unsure? That’s okay. But here's the reality:
ā Home values aren’t going down. ā Minnesota still has a 7-year housing shortage. ā The dream home you’ve been watching may soon be out of reach.
Hesitation is costing you. It’s shrinking your buying power and stealing your options. And if you’re staying in a home you’ve outgrown or no longer love—why?
There are smart, strategic programs available right now through my lending and brokerage partners that make upgrading or right-sizing surprisingly affordable. If you knew what was possible, you'd already be dialing my number.
So let’s talk—I have pre-approved buyers actively looking in your area, and they’re ready to move.
š Call or text me today at 763.843.2905. Let’s get you out of your “meh” home and into one you’re actually excited about.
The market isn’t slowing down—and neither should you.
With over 25 years of helping thousands of clients move with success, I bring unmatched experience, strategic insight, and powerful marketing to get your home sold for top dollar. Backed by Coldwell Banker’s 118+ years of legacy, global connections, and exposure across 900+ syndication platforms, your listing gets the spotlight it deserves.
But here’s where it gets really fun…
Once we’ve secured your sale, I’ll guide you to your next chapter—whether it’s a dream home you’ve been eyeing or an off-market, privately listed gem that no one else even knows about.
āØ This isn’t just buying or selling. It’s your upgrade. Your future. Your moment. And I’m here to help you make the absolute most of it.
Let’s go find the one. š” You Deserve A Dream Home®
Zane Petersen Real Estate - Lake Minnetonka | STMA | Scottsdale
Global Luxury REALTOR® | LPS | CLHMS | PMP
Award-Winning Top Producer – International Sterling Society 2024
You Deserve A Dream Home®
Coldwell Banker Global Luxury – Wayzata
