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Will Homes Ever Be Affordable Again in Minnesota? | MN Housing Market 2026 Explained 🏡

Are you feeling priced out of the Minnesota housing market? You’re not imagining it. In this video, we break down the cost of living, home prices, interest rates, and the economics explained behind today’s housing affordability crisis.

We’re answering the big question: Will homes ever be affordable again in Minnesota? Whether you're a first-time home buyer, moving up, or waiting for the market to shift, this breakdown covers what you need to know.

✅ What You’ll Learn in This Video:
• What “affordable” really means (hint: it’s more than just price)
• The 4 affordability drivers: interest rates, income, inventory & buyer demand
• What it would take for homes to become affordable again in Minnesota
• 3 strategies to buy smart — whether now or later

🎁 Try Our Free MN Affordability Calculator (No Signup or Download Required)
Check your real numbers based on today’s rates & prices:
🔗 https://leonhardtteam.com/mn-affordab...

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⏱️ Timestamps
00:00 - Will Homes Ever Be Affordable Again in Minnesota?
00:15 - What Does "Affordability" Actually Mean for MN Buyers?
01:07 - How Lenders Decide What You Can Afford (DTI & Mortgage Math)
02:00 - How to Calculate Your Own Home Affordability in Minnesota
02:42 - Free Online Affordability Calculator for Minnesota Home Buyers → https://leonhardtteam.com/mn-affordab...

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Leonhardt Team | Coldwell Banker Realty
24078 Greenway Rd Suite 10
Forest Lake, MN 55025