Falling Mortgage Rates Are Bringing Buyers Back

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday [...]

Highlights

• When it comes to Boston real estate and the current housing market, there are a number of myths that can mislead both buyers and sellers.
• Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments. 
• People
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If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.

In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, higher [...]

Thinking about buying a home? If so, you're probably wondering: should I buy now or wait?  Nobody can make that decision for you, but here's some information that can help you decide.

What’s Next for Home Prices?

Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and investment and market strategists—what they think will happen [...]

Highlights

• With the number of new homes for sale in Boston going up, and average days on market going down, buyers  searching for Boston real estate may have more options, but will still want to move quickly. If you're beginning the process of searching for condos for sale in Boston, you should set yourself up for success by having all of your ducks in a row, meaning you know what type and amount of loan you're qualified for, have pre-approval from a bank, and are already working with a qualified agent who has a solid understanding of your needs.
• For sellers, inventory is still lower than what we're used to, and houses are selling fast, meaning your house should stand out and may get multiple offers if you price it right. There are so many strategies to driving buyer activity and getting the maximum value for your home, so finding a qualified sellers agent in Boston is essential to a smooth process and profitable outcome. 

The Boston real estate market can be difficult to navigate. It's important to work with a real estate agent that understands your specific needs, and has the tools to make the sales process advantageous for you, whether you're buying or selling in Boston. Every agent at The Charles Really is intimately familiar with the city of Boston, and works tirelessly to make sure their clients have the best real estate experience possible. If you're thinking of selling or buying a home in Boston, reach out and we'll match you with the perfect agent for your needs. 

Highlights

• Wondering if now’s a good time to sell your house? Based on how many homes are for sale in Boston there are two big reasons why this spring is looking so good for sellers.
• Thanks to an uptick in Boston homes for sale over last year, you’ve got more options for your next home. But there are still fewer homes for sale in
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What To Know About Credit Scores Before Buying a Home

If you want to buy a home in Boston, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help [...]

Don’t Wait Until Spring To Sell Your House

Settling into the new year often has people thinking of change, and moving forward with goals and plans. This change may take form in a new  habit or commitment to self improvement, or it may be a life-altering decision that requires careful consideration and perfect timing. Selling your [...]

Tracy Bellevance, Vice President of Mortgage Lending at CrossCountry Mortgage, is one of our trusted lending partners.

In this video, Tracy explains her top 5 reasons to buy real estate in Boston right now, including strategies that lenders can use to combat rising interest rates and significantly reduce monthly mortgage payments. One of these is the temporary or permanent seller paid buydown strategy, which can be employed on conforming and non-conforming high balance loans (up to $770k) to help home buyers combat high monthly principle and interest payments. In some cases this can help homebuyers reduce payments by $800 or more per month. 

Take a look at this video to learn more about the strategies and tactics Tracy uses to put together offers that benefit her clients by enabling them to leverage the current buyers market without being adversely affected by rate increases.

Will My House Still Sell in Today’s Market?

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Buyer Demand Then and Now

During the [...]