The real estate market today is different then it has been in the past. Interest rates are down below 6% and home inventory is even higher than it was at this time last year, but what does that mean? These two factors together create what is commonly referred to as a "buyer's market." This means that if you are looking to buy real estate, now is a great time to do so! Many articles and stories have been coming out talking about how weak the market is, however don't forget to take these reports with a grain of salt. You may hear reports of home prices falling, however you need to remember that while some out-lying areas of the Twin Cities are experiencing decreases as high as 25%, there are still many areas in the Twin Cities where home prices are still appreciating. Also, don't get too hung up on the low number of existing home sales. Despite all the reports, 2007 had the 5th highest total of existing home sales, ever. The only difference is that the 4 higher totals have been the 4 years before 2007. So although it may seem like the market is tough, don't forget it's still better than it has been in the past. At the end of the day, if you are looking to buy a house, or sell a house it's going to be the Realtor that makes the difference. Choose wisely, think for yourself and always remain positive!