Luxury Homes Under $1,000,000 in Framingham Ma
There is decent inventory for buyers and or sellers looking to upgrade or buy a luxury home in Framingham. This a good time to make a move on these types of homes too. Of course, will still be large, but a lot lower than if you waited several years after the interest rates have moved upward. There was an increase in inventory over the last 30 days in the Framingha luxury market. For growing families, upgrading to a larger home with mofe bedrooms can really help fit a growing families needs. When buying any other home in Framingham, you need to decide what your wants are and what your must haves are. This will help you decide what to look for and how your realtor should position your search on the MLS and for off market properties.
The best way to go about this process is to put your home on the market first,(unless you can afford to carry two mortgages at once, or if you are payin cash for the new home) which is the most common way to do it. Your offer on your new home would be contingent on the sale of your current home. The good thing for a seller in this situation, is that there are less buyers in the luxury market in Framingham then on homes up to 400k. Most sellers dont want to sell contingent on the sale of their home if they can avoid it.
If you are a buyer buying a luxury home under $1,000,000 in Framingham, and you dont have a home to sell, sellers will look more beneficially at your offer. Sellers know that this market is so hot and that this will allow them to be more patient knowing other offers are right around the corner even on high end homes.
Currently as I write this blog, there are 25 homes for sale in the Luxury home price range under $1,000,000 in Framingham. There is higher inventory on this price point now than under 400K, which of course makes sense. Homes in the lower pricerange sell faster, because a much higher percentage of buyers are in that range. More buyers equals faster sales,and lower remaining inventory in thaat pricerange until replenished.
You need to make the decision on what is most important in your luxury homes for sale under $1,000,000 in Framingham. A large entertainment area, indoor pool, a caterers kitchen with top end appliances (steam and convection), a huge lot , separate guesthouse(with you run you much more money), a movie theatre in your family or living room(which can range drastically in price), a wine cellar, beverage center(of course in the kitchen), and a large home office. These are ust some of the options a high end home can allow for , but some will stretch you over than million price point.
Luxury homes for sale in Framingham under $1,000,000 are available for those who want the benefits of upgrading to a larger home for growing families. The best thing is to write down your need vs wants so that your agent can seek these properties out for you.
For a free no obligation consultation about selling and or buying a Luxury home in Framingham, call me anytime at 774-286-9161. I always have time for you.
Luxury Homes For sale
in Framingham Ma Under $1,000,0000
Dan Greenberger
RE/MAX Executive Realty
www.dangreenberger.com

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