Royal Ross - Realtor - Trekk Properties

09/02/2025

The advice is sound but is it realistic today?
When people buy houses with low down payment options of 0-5%, they tend to also need a longer mortgage. Basically a bad combination but it does get people into the desired homeowner role.

What do you think?

Self-made millionaire money coach: 'If you can't afford a 15-year mortgage, you can't afford the home'
Source: CNBC

There may be no more contentious argument in personal finance than rent vs. buy — and for those on one side of the fence, the case can seem very simple. Bu

10/28/2023

Trunk or treating moved inside the Faribault Eagles!
Come on out until 4:00 pm today!

08/17/2023

Mortgage rates at a 21 year high!
Are high rates keeping people from buying homes in our area?

The average rate on the popular 30-year fixed mortgage increased to 7.09% this week, up from 6.96% the week prior.

The average rate on the popular 30-year fixed mortgage increased to 7.09% this week, up from 6.96% the week prior.

08/10/2023

Rare opportunity to own a top floor condo in one of the premier properties in Southern Minnesota - The Crossing of Northfield!

2 bed / 2 bath with 2 parking spots in climate controlled garage. $389,000

Need info?
📱 507-456-2932 Royal Ross - Realtor & HOA Manager - G&H Properties, LLC

Beautiful 2 bedroom / 2 bath home on the 4th (top) floor in the highly desirable Crossing of Northfield that features floor to ceiling windows allowing awesome natural light. The seller had the build-out completed in 2018 so there has only been one owner. The home features beautiful finishes, a prim...

02/24/2023

Uh-oh. Rates are approaching 7%.
https://finance.yahoo.com/news/mortgage-rates-surge-closer-to-7-170055036.html

Mortgage rates continued their steep climb this week, surging closer to 7%, and forcing more would-be buyers back to the sidelines.
The rate on the average 30-...

Mortgage rates continued their steep climb this week, surging closer to 7%, and forcing more would-be buyers back to the sidelines. The rate on the average 30-year fixed mortgage increased to 6.50% from 6.32% the week prior, according to Freddie Mac. Rates have increased 41 basis points this month,....

02/10/2023

In Southeast Minnesota, the overall median sales price increased 8.2 percent within the past year.
Pending sales went down by nearly 14 percent and closing sales were down nearly 10 percent.

A lot of that depends on inflation, mortgage interest rates and the broader state of the economy. However, economists do predict home sales will soften and price growth will stabilize.

01/01/2023

This is an interesting approach that Canada is taking to help keep housing affordable for their citizens.

Canada in 2023 is closing its doors to foreign investors who want to purchase homes.

06/11/2022

New listing today!
Don't miss out on this great opportunity!
3 bed/ 2 bath / 2 garage.
Private back yard. Home has mostly newer windows.
Very easy to build equity with a few cosmetic improvements.
$200,000

10/21/2021

I appreciate my clients!
Here I'm presenting a closing gift to my great friend Chris Whillock.
Thank you for working with me Chris!

08/28/2021

OPEN HOUSE!
Saturday, August 28th from 12:00-2:00 pm.
1503 NW 22nd Ave in Faribault.
4 bd, 2 bath, 2 garage on large corner lot.

08/26/2021