Progressive Real Estate Services

Every once in a while I like to tute our horn, we just received this review from a buyer closing we had last week:

"Jim and Cathy worked day and night, answered my phone calls on days off and were able to get me into looking at houses at anytime that was around my work schedule. I connected with them not only in the housing market but as a person. They found and put me in a beautiful house at my price range that I wanted to stay at. They were amazing with all the questions I had; as a first time home buyer and even with my parents that are a bit more old school. They were absolutely amazing and so easy to work with."



Rare opportunity to purchase two well-maintained and updated 4-plexes right next to each other in convenient location NW Rochester MLS #6097202 $838,000 for both buildings.
Contact Jim or Cathy 507-288-3333 507-272-7591

"Our communities will suffer if we don’t do everything we can to protect homeownership through this crisis."

The Minnesota Homeownership Center today joined with Habitat for Humanity of Minnesota and Twin Cities Habitat for Humanity (TCHFH) in urging Governor Tim Walz, Lieutenant Governor Peggy Flanagan and Housing Commissioner Jennifer Ho to prioritize homeownership preservation in responding to the COVID-19 pandemic. “Our communities will suffer if we don’t do everything we can to protect homeownership through this crisis,” said TCHFH President/CEO Chris Coleman. As tens of thousands of Minnesotans face prolonged income loss due to the COVID-19 pandemic, foreclosures and the resulting need for family supports will increase.

We are jointly calling on state leaders to implement immediate solutions to protect homebuyers and homeowners, including:

Simplifying Minnesota Housing Finance Agency (MHFA) funded down payment programs
Doubling funding for the Homeownership Education and Training (HECAT) program
Creating a grant pool and lines of credit to help stabilize non-profit developers

In addition, we’re requesting support for long term solutions, including:

Providing MHFA with a significant infusion of down payment assistance capital
Establishing a risk pool to incentivize lenders to adopt underwriting standards responsive to families impacted by the COVID-19 pandemic
Continuing to fund HECAT
Stabilizing non-profit developers to ensure a healthy, affordable homeownership market

“We know the economic and social fall-out of the COVID-19 pandemic will continue to evolve and will impact the mortgage landscape for the foreseeable future,” said Center President Julie Gugin. “What will help is if state leaders take planful, phased approaches to preserve affordable homeownership and ensure equitable access to homeownership. We urge them to protect homebuyers and homeowners now.”

Read the full press release here, and the joint letter to Walz, Flanagan and Ho here.