Lawrence Yun, Chief Economist for the National Association of REALTORS® and respected real estate trend commentator to 1.4 million REALTORS® realizes the inevitable economic damage of Covid-19, reports that home prices should remain stable and that our resiliency will pull us through. On the ground, here on the north shore of Boston, we concur. #Resilience has been our mantra throughout the pandemic. The market is seeing pent up demand and low inventory resulting in multiple offers and bidding wars on properties that are priced in the 'sweet spot' with guidance from experienced REALTORS®.

Answers. It's what we all want. But nobody has them, and anyone claiming they do, well, I recommend a fact check. None of us here at Windhil have that elusive crystal ball and no, we can't make you any promises about the future. But what I can tell you is that here in the northeast, north of Boston, on the northshore in particular, what we are seeing right now is serious pent-up demand for inventory and every listing we take has a long line of ready, willing and able buyers. These homes, if priced properly, are going under contract with multiple offers, sometimes over asking and because our network of professionals including lenders, inspectors, attorneys, etc. are now well-versed in the new way of doing business, the closings are happening efficiently and on time. The closings might be curbside but the smiles are still there.

Predictions point to a delay in inventory that will inevitably explode so if you're thinking of selling but the path is unclear, ask for help, get some sound advice, educate yourself about the new process. Lack of inventory is to your advantage, while it lasts. 

The Massachusetts Real Estate Market is Down But Not Out! Great article thank you to WGBH.

I, myself, sent an email to my local shelter, asking if they were considering foster parents for pets during the pandemic, in the hopes that we would fall in love with our new companion. Boston Agent Magazine also noticed the reality of our need for comfort and how it plays out during a pandemic with this article that doesn't surprise me at all... Pet Ownership is Growing Amid the Corona Virus Lockdown. 

Massachusetts Market Update Brought to you by the North Shore Association of Realtors®

NPR ran a great article recently about mortgage secrets that will save you money. All 7 tips are definitely noteworthy and although number 4 is accurate, it's not for everyone. There's another way to acheive similar results without the commitment to a 15-year. Work with a trusted lender and definitely speak with as many as you need to until you feel comfortable. We have a network of preferred lenders who have proven themselves over the years. 

This just may be one of the best quotes I've read in my 33 years of being in real estate... “Just because you know a realtor doesn’t mean they’ll do the right job for you,’’ Presti said. “They may not be working full time in the business or have the right experience for selling the type of property you want to sell or they may not be [...]