leominster: What is Happening in Leominster, MA 01453 ?
- 05/04/08 05:33 PM
What's happening in Leominster? We are seeing activity in the bottom end of the market (like everywhere else). However, there seems to be some activity close to happening in the upper end of the market as well. Overall we are seeing less Sold units (homes selling) than we have in 2007 (so far). Until we see units increase, the basics of Econimics tell me that we will not nbe seeing price increases anytime soon. That being said, it is still a good opportunity to buy a home - as long as you are not looking at a 1 to 2 year … (0 comments)
leominster: The Spring Market is Upon Us in Central Massachusetts!
- 04/01/08 02:30 PM
More Real Estate Words of Wisdom from Gerry 'Realtyman' Bourgeois:Well... The Spring Market is upon us. What's happening in North Central MA, you ask? Nobody really knows for sure. Mortgage rates are still very low (historically) - around 6% for a 30 year fixed rate. 100% financing is all but gone. OK, 100% LTV may be available in SOME instances, however they are few and far between. FHA is making a 'comeback' but buyers still need to bring Money to the table (quite a novel concept).Sales are actually increasing (units, that is) but there is still quite a bit of pricing … (0 comments)
What's happening in Leominster? We are seeing activity in the bottom end of the market (like everywhere else). However, there seems to be some activity close to happening in the upper end of the market as well. Overall we are seeing less Sold units (homes selling) than we have in 2007 (so far). Until we see units increase, the basics of Econimics tell me that we will not nbe seeing price increases anytime soon. That being said, it is still a good opportunity to buy a home - as long as you are not looking at a 1 to 2 year … (0 comments)
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