Buying

IS IT A BUYER’S OR SELLER’S MARKET?

MARTHA'S VINEYARD MARKET UPDATEA BUYER’S MARKET is when there are more homes available than buyers looking.A SELLER’S MARKET is when there are more buyers looking than homes available. How to determine if it is a seller's or buyer's Market. In general, it’s a seller’s market if inventory is adequate for 5 months (or less) worth of sales. If you have 5 to 7 months of inventory, you have a...

SHOULD I WAIT FOR LOWER INTEREST RATES?⁠

SHOULD I WAIT FOR LOWER INTEREST RATES?⁠The biggest misconception I hear about buying right now is that it’s smart to wait for interest rates to come down. ⁠⁠While I completely understand why you would ask yourself this question, the truth is you DON’T need to wait.⁠ you don't need to wait, you do need a trusted advisor to guide you What DO you need? If you know you’re ready to buy,...

7 Reasons Why Real Estate is the BEST Investment

Real estate has long been considered a solid investment for many reasons. It is a relatively safe and an easy way for people to build wealth beginning with a small amount of money. Here are some of the ways investing in property can help you build an investment portfolio: 1. Real estate investments can provide you with a reliable and steady cash flow. Investing in rental properties is smart as...

WHAT THE EXPERTS ARE SAYING ABOUT THE FALL HOUSING MARKET

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the fall housing market. 🍂 Expert Quotes for Fall...

MORTGAGE MONDAY – SEPT. 26th, 2022

MY MARTHA'S VINEYARD PREFERRED LENDER'S MORTGAGE RATES I know that many of you have read in the headlines recently that the interest rates for mortgages have gone up yet again!While 6.29% is the national average for a 30-year fixed-rate, according to Freddie Mac, I encourage you to reach out to your LOCAL LENDERS as their rates may be much lower. ⁠This is the case for my preferred Lender here on...

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