Ask any active home buyer what today's north-of-Boston real estate market is like and I guarantee you will hear some tales of woe; open houses akin to Grand Central Station, bidding wars and rejected offers (depsite the most romantic real estate love letter). It looks like Fairway Mortgage has created something new to give you a leg up. Check out Fairway's 3-2-1 Go Program; it might give you the green light you've been waiting for.
Shopping for a home in this tight real estate market with low inventory can be oh so unromantic. Multiple offers and bidding wars on most listings are a source of frustration and disappointment among ready, willing and able buyers due to simple low supply and high demand. What can you do to get your foot in the door? First: commit to a real estate professional who is committed to you, someone you trust. There are at least 10 ways to get your offer accepted in a seller's market and a seasoned real estate advisor knows how to put this into action. Then: take your agent's advice, put your creative writing cap on and profess your love. Real estate love letters work! Here are some tips on how to write an offer (love) letter that will win the house. There are no guarantees but our goal is to give you the best possible shot at your forever home.
Thinking about buying or selling? Either way, unless your next step is renting, you will want to read this...
Mortgage rates are at their highest levels in 4+ years and there's potential for further increases this year. The National Association of REALTORS® shared a relatable example of what this could mean for the average mortagee: On a $300,000 house with a 30-year fixed-rate mortgage and 20 percent down payment, the difference between a 4 percent and 5 percent mortgage rate is $142 a month. Calculated over the life of the loan, that is more than an extra $51,000. Read the full article here.
Looking for direction? Reach out to us any time 978-356-8922 info@WindhillRealty.com. Our team is prepared to answer any questions you
Ipswich MA is home to a vibrant boating community. The back side of Crane Beach on any given summer day will host a large number of boaters. Ipswich Bay Yacht Club will soon be surrounded by a full field of occupied moorings. Our United States Coast Guard will be running a beginner boating class at the Ipswich Town Hall and it will cover boating law, boat safety, equipment, navigation, trailering, storing, fishing, water-skiing and river boating. Reserve your spot today here...it starts April 9th.
Beverly on the North Shore of Boston, Masschusetts - A charming seaside community with miles of coastline, islands, oceanscapes, open space, home to the Cummings Center, Beverly Hospital, Endicott College, Montserrat College of Art, Prides Crossing, Beverly Farms, Beverly Cove, numerous marinas, yacht clubs, The Cabot Theatre, 5 MBTA commuter rail stations a thriving town center and so much more...watch!
The media has a lot to say about the current real estate market. It's true; we are seeing multiple offers and bidding wars on certain properties north of Boston. The interesting reality, here in our small corner of the country, is that things look quite similar year-to-date this year as they did last year. Note that the days on market is a smaller window, which makes sense, meaning listings are getting snagged quicker which is condusive to a spring (fever) market.
