Fall River Mass Homes for sale and real estate report May 2021

By
Real Estate Agent with Safe Harbor Realty Serving SouthCoast MA&RI

Fall River Mass Homes for sale and real estate

    Currently in Fall River Mass there is a short supply of homes for sale and an abundance of buyers looking for a home to buy in Fall River.  There are currently 23 single family homes for sale in Fall River.  In a normal real estate market pre - Covid there are generally 125 -150 single famiy homes for sale in Fall River.  The low supply of homes offered for sale and the high demand of home buyers continue to make it a seller’s market.  

      Thinking of selling and want to get top dollar it is a good time to sell.  Visit my website  How to get Top Dollar when you sell.   23 Homes sold in Fall River in May 2021. Of the 23 homes, most sold for full price or slightly over asking price.  

 

Open House in Westport MA held by Karen Martin of Safe Harbor Realty had 42 home buyers attend!  In less than a week, We had a total of 69 buyers view the house. The sellers were delighted to receive 13 offers on the home and most were over the asking price. Contact Karen Martin for real estate information for your home, every market and price range is different.

Buying a home - Good news

  If you are a home buyer one factor in your favor are the mortgage rates.  Rates are still at a historic low of around 3 percent. For Example,  a $300,000 30 year mortgage at 3 % would be  about  $1,264.81. The same mortgage at 4 %  would be  $1,432.25 and at 5 % would be $1,610.46. This example shows if rates raise just 2 points the difference would be around $345. a month more! Fannie Mae. An entity to help the housing market made this forecast- Mortgage rates will continue to rise through the end of the year. We estimate the 30 year fixed rate mortgage will average 3.4% in the last quarter of 2021. They also stated rising to  3.8% by the end of  2022.  This prediction suggests home owners thinking of re-financing should consider doing it now.

Visit my website www.KarenMartinHomes.com  for Home Buyer Info It has a handy mortgage calculator you can use to :

  •      Understand how much of a mortgage you can qualify for.
  •      See the cost and savings of refinancing at a lower rate.
  •      Compare monthly vs Bi-Weekly mortgage payments. 
  •      See the differences in mortgage payments and interest costs at different rates.

 National Associations of Realtors predicts – “ Home Sellers who have been hesitant to list homes due to Covid concerns, may be more inclined to list and show their homes with a population mostly vaccinated by the summer or 2021. ”  Patience is the key to buying a home this year, Don't give up!

Find Homes for Sale in Fall River, MA and the South Coast area of Ma and RI 

Visit my website www.KarenMartinHomes.com  to search for homes in the Fall River MA area or to be notified when a Fall River Mass home hits the market, so you don't miss out. I work full time and am available to help you to Own your Own Home! 

For more information about Things to do, schools and great restaurants  visit  Fall River MA 

Posted by

"You're in Good Hands with Karen "   Karen Ann Martin ~ Realtor Westport, MA Real Estate Services  

   Fall River ma Real estate agent Karen Martin   

Home Buyers : For a Free List of Homes for sale in Fall River MA area visit www.KarenMartinHomes.com

Home Sellers : For a Free Report of your homes Value call 774.930.8181 or email Karen@KarenMartinHomes.com  Add your address for your Free Report .  

Having trouble paying your mortgage ? Call or Email Karen.  Karen is Trained to help Home owners in need Avoid and stop Foreclosure Call Karen today you have options and most are of NO Cost !

Westport Mass Real Esate Agent Karen Ann Martin Safe Harbor Realty 1037 Main Rd. Westport Mass Homes for sale Call or Text  774.930.8181 Karen@KarenMartinHomes.com   

 

Comments (5)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Karen Ann Martin this is valuable information for both Buyers and Sellers in your area.

May 29, 2021 04:12 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Karen Ann Martin thanks for the very good homes for sale and real estate report for Fall River, Mass. in May 2021.

May 29, 2021 06:31 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

May 30, 2021 03:01 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Fall River Mass offers buyers & sellers all kinds of opportunities. Those looking for someone to help them with their real estate needs would be wise to give you a call!

May 30, 2021 02:06 PM