Selling Homes in Newburyport Massachusetts

 

Selling Homes in Newburyport Massachusetts

 

After maintaining a steady market here in Newburyport and Plum Island over the past two years it now appears to have dramatically slowed over the past couple of months.  Prices have held up fairly well in relation to some of the other communities and there has been some pressure from bank appraisers when property is under agreement. Tighter underwriting guidelines have also caused many deals to fall apart at the last moment. The towns of Newbury and West Newbury have not held up as well because of the lack of diversity in their housing stock. But overall, real estate prices in the Greater Newburyport area have held up somewhat better than the Greater Haverhill and Salem Markets.

Although Sales overall have slowed, desire for home ownership in our towns is still high. This is evident in the numbers of potential buyers still roaming our listing inventory looking for the next and best deal.

Price is everything!

 

NOW IS THE TIME!
10/14/2008
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NOW IS THE TIME Ok you fellow agents and brokers out there, get hold of yourself take a deep breath and get ready for the best real estate market you could possibly imagine. Ample inventory, decent prices, low interest rates, and qualified… more
Do Nothing Congress This Time It May Work to Our Advantage.
09/30/2008
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Thanks for your comments on my last blog. Well, here we are a week later and no worse off than last week I've been waiting for the end of our world as we know it. You know, you've heard about it when our credit cards and ATM machines stop… more
Another Government Bailout. Wall Street Pundants Now Admit It's The…
09/22/2008
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If you were in real estate sales during the late 1980's as I was, then you know that our business is the top of a very large food chain. It all starts here and includes everything from design and redecoration shops to the home improvement and… more
Selling Homes in Essex County MA. Can an Obama/Biden or McCain help…
08/23/2008
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Selling Homes in Essex County MA. Can an Obama/Biden or McCain help in 2009? I'd love to hear from you on this. Post a Vote!!! My guess on that is NO not in 2009. Which leads me to believe that price declines will continue to occur in… more
Bank failures, Bear Market on Wall Street Oil Prices through the roof…
07/14/2008
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Everywhere you turn some part of the economy looks like the sky is about to fall on everyone's head. People with 401K's are loosing money. People's homes are worth much less than three years ago. Food prices are soaring and the governor of… more
Selling your home in Essex County
07/14/2008
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If you need to sell your home in today's market then there are some very important things you the Homeowner should do. Contrary to what the media is slinging which represents the overall real estate market in the country, homes in Essex county are… more
 

Ed Maccaro

Newburyport, MA

More about me…

Century 21 Heritage Realty Associates

Office Phone: (978) 375-6775

Email Me



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