Best real estate in Massachusetts

Just Listed! Real Estate for Sale in Ipswich, MA - 25 Birch Lane

25 Birch Lane Ipswich Massachusetts

This impeccably decorated, one story living 3 bedroom, 1.5 bath ranch is move in ready and waiting for the perfect buyer! The open concept living & kitchen area offers excellent entertaining space, both indoor and outdoor. Dining room slider leads to a large brand new paver patio in the back yard. The back yard also offers a fully fenced in flat grassy area as well as a separate fenced in space for animals. Many updates include: recessed & custom lighting throughout, new tile and laminate flooring throughout, both bathrooms fully remodeled, widened, extended & newly paved driveway, custom shutters in bedrooms, custom drapery throughout, custom made hall closet barn door, new Septic installed in 2014, new oil tank, and new hot water heater. Close to Rt. 1 and 95, downtown Ipswich, Crane Beach, the MBTA commuter rail, Bradley Palmer State Forest and much more! Showings to begin at 1st Open House Thurs. 9/3 5-7p by appointment only. Get more information about 25 Birch Lane, Ipswich, MA here.

Will There Be More Foreclosures in 2021?

Black Night Inc. gives us an inside look at mortgage data across the country, providing statistics on forbearance, which is an indicator of future foreclosures. What is a forbearance plan? A forbearance plan doesn’t erase the amount you owe on a mortgage, but it temporarily suspends or reduces your mortgage payment until your hardship is over. At the end of the forbearance plan, you must repay what you missed, but necessarily not all at once. Follow the track of these forbearance plans and you wind up with a lot of data.

Keeping Current Matters summarizes the data and points to the health of today's homeowner equity, downward 3-year foreclosure trend pre-pandemic, and what banks learned from their mistakes in 2008-2012 as reasons why we won't see the market flush with foreclosures despite joblessness due to the pandemic. But, will there be foreclosures in 2021? 

Yes, there will be foreclosures, but predictors say that the high demand and lack of inventory we are currently (and painfully) experiencing will be enough to absorb any increase. Trying to get your foot in the door of today's market?...

Find an experienced real estate professional, not just someone with a real estate license, and put them to work on your behalf; it's what we do! 


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