Quick Glimpse at Wellesley Real Estate
A quick glimpse at Wellesley real estate suggests that the picture is getting better. Headlines lately have run the gamut, from cautious to downright optimistic, averaging out to infer that Wellesley real estate is getting to be more positive. Of course the fact that Wellesley mortgage rates are staying low and those in the know are speculating a bottom has been reached has some would-be buyers diving in to home ownership.
Let’s take a look at some recent headlines:
“30-year mortgage rate holds at record low” CNN Money
“Average 30-Year Fixed-Rate Mortgage Holds at All-Time Record Low” Realty Times
“Home builders and investors both see signs of a turn” USA Today
“Forecast: Drops in Home Values Less Severe in’12” Wall Street Journal
“Homes in foreclosure decline by 130,000” CNN Money
“Office and home rent will keep rising and rising” MSNBC
“Metro Home Prices Boost Affordability, Sales Improving” Realtor.org
Granted you can find negative headlines as well, but for the most part the news is leaning toward the optimistic side of the spectrum, something we have not seen much of in recent years. In a nutshell, it is still a buyers market in Wellesley, affordability levels are high, borrowing money is cheap, and it’s a great time to be a landlord. Have you been waiting until the time is ripe to invest in Wellesley real estate?
We have a team of experts to help you with your real estate transaction and assisting you in finding the home of your dreams. Call Christine Norcross for more information – cell 781-929-4994 or to research the Boston neighborhoods, visit my Wellesley Real Estate or Newton Real Estate websites. Search for homes HERE. We have a team, Christine Norcross & Partners, at William Raveis and we can help you find your dream home in the Wellesley Real Estate market – Natick, Newton, Needham, Wellesley, Wayland, Weston and more.
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