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Year over Year Market pricing Boston Area Move In Homes

By
Real Estate Agent with YourStories Realty Group MA# 9517963

Year over Year Market pricing Boston Area Move In Homes.  It is interesting to me that we are experiencing both a drop off in the unit numbers, but a jump in the price point. Since I have a property for sale in Newton I am particularly interested in in their numbers.  The stats are ever changing on a day by day basis.  The averages are just that averages.  Your house is different, it will fit in to the averages but no one  thinks there house is average.

The overall outlook right now for the market is great. The interest rates appear as if they will stay lower for the next 6 months. The realty about interest rates is that their historical low rate is now a given. People forget the rates of 17% and 18% of the years past. They are not thinking of the 4% and 5% that are headed out way next Looking back at the MLS marketyear before the year is over. When interest rates go up, your buying power goes down. Buyers please pay attention to this. Now is the time to get the most for your money and knowing that interest rates will go up in the next couple of months and your buying power will diminish.

Price alterations are not national, they are not regional, they are local.  Your local market will dictate the specifics of what is going on. Your trusted real estate Retro marketprofessional and and should be able to provide you with a deep analysis of your local market. If you are in the Boston Area Move In Homes location you can call me and I will help you with information and insight into your neighborhood market.

If you are looking in the luxury market then you are playing to my strength. I pay a lot of attention to what is going on in the markets where I sell my homes. Newton, Wellesley, Weston, Westwood, Dedham, Milton and Back Bay are just some of the areas I have assisted my clients in selling or acquiring a great property.

 

Posted by

Larry Lawfer, Realtor®YourStories Realty, It's all about you,

Larry Lawfer

Partner

Realtor®, Director of Marketing

YourStories Realty Group powered by Castles Unlimited®

837 Beacon St

Newton, MA 02459

larry@yourstoriesrealty.com, 617-774-8292

Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Larry, a jump in price point is always a very good thing.

Nov 13, 2014 11:09 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I agree with Patricia, and in my market it is the same, less sales but higher (slightly) than last year.

Nov 13, 2014 11:21 AM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

Patricia Kennedy We do not control the market we just control how we use the market to buy and sell houses at the best price point for our clients.  Knowing the real facts about what is going on in the market is what helps us be professional. This you know well.

Evelyn Johnston The market is always moving and that is why we pay attention to it on a daily basis. Thanks for stopping by.

Nov 13, 2014 07:31 PM