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We're Team Kathy Borys

We’re your Minneapolis – St. Paul – Twin Cities Real Estate Agents who love to laugh, check out the local scenes, and keep you up-to-date on the latest housing market trends in the area.
Whether you’re thinking of buying your first home, relocating to the Twin Cities area, or looking for your “forever home”, we’re here to share our expertise, insights, and of course, some fun, to help you explore all that our metro area has to offer! 

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Is buying a home a good investment now? 


When is the Right Time to Buy a House?

A lot of people are asking whether now is a good time to buy a house. There are many things to consider when making this decision. Here are a few key factors to keep in mind as you navigate the decision of when to buy a house.

Job Security

One of the most important things to consider before buying a house is your job security. Can you confidently say you will remain employed for at least the next five years? If there’s even a remote chance you may lose your job or Change careers, it’s probably not the best idea to buy a house right now.

A Good Credit Score

In order to get a good mortgage rate, you need to have a good credit score. A higher credit score means you’re a lower-risk borrower, which could lead to a lower interest rate on your mortgage. If your credit score is on the lower end, you may still be able to get a mortgage but with a higher interest rate. Another option is to wait until your credit score improves and then apply for a mortgage. You can check your credit score for free with sites like Credit Karma or Credit Sesame.

Market Conditions

It’s also important to pay attention to market conditions. At Team Kathy Borys we keep you informed on the market conditions and how we adjust our strategies to help better position you in the marketplace. Markets go up and down and we keep you informed on how to have the advantage

Personal Reasons

In addition to all of the financial considerations, there are also personal reasons that come into play when deciding whether or not to buy a house. For example, maybe you’re getting married and want to start looking for homes in preparation for starting a family. Or maybe you’ve been renting for many years and are finally ready to own your own home. There is no right or wrong answer here – it really depends on your personal circumstances.

Ultimately, the time to buy a house will depend on your individual situation. It all comes down to your personal financial situation and what makes sense for you and your family at this point in time. Historically, owning a home is a great hedge against inflation, allows for building equity, and carries with it a sense of pride in homeownership. If you think you’re ready to take the plunge, feel free to reach out to Team Kathy Borys and we’ll walk you through the home-buying process, answer your questions and connect you with our preferred lenders. We are here to help you with the process of finding your dream home!


The decision of whether or not to buy a home is a personal and complex one. However, for many people, buying a home can be a good financial investment. As you make monthly mortgage payments, you are building equity in the home. As a renter, you pay off the landlord’s mortgage, not your own. 

In addition, real estate often increases in value over time, meaning that the house can be sold at a higher price in the future. Of course, it’s important to consider factors such as market conditions and the state of the home before making a purchase. But overall, buying a home can often lead to long-term financial benefits. It’s also worth considering that owning a home provides stability and allows individuals or families to put down roots in a community. Ultimately, the decision to buy or rent should be carefully weighed and considered, with both practical and emotional factors taken into account.

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