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...
Selling your long-time home can be emotionally overwhelming, but the actual process shouldn’t be.I’ll help you each step of the way, at your own pace—from deciding to sell, to prepping the home, and all the way through closing and moving. Selling your home Selling your home may be one of the largest decisions that you will ever make. Please let me assure you...
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,...
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...
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...
✨ MARTHA'S VINEYARDLOCAL MORTGAGE RATES ✨ CURRENT NATIONAL MORTGAGE RATE AVG. I know that many of you have read in the headlines recently that the interest rates for mortgages have gone up yet again! 😤While 6.92% 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....
📊 MARTHA'S VINEYARD MARKET UPDATE 📊 https://youtu.be/dDvmIvcHNJM Current Martha's Vineyard real Estate market stats for buyers and sellers are in! Here are the numbers for September 2022 provided by our local Martha's Vineyard MLS: - Homes Sold = 36 (down 18% from September 2021)- Median Days on Market = 20 (vs. 30 days last September)- Median Sales Price = $1,787,500 (up...
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