Want to buy a home, Natick, MA? Supply is down
Want to buy a home, Natick, MA ? Supply is down
For more information call my cell 781-929-4994 or visit my website www.HomesbyNorcross.com
So far in 2010 we are experiencing something new. Supply is down and there are more buyers than sellers. Buyers have been waiting for the market to come down before they can purchase a home. I
Natick Real Estate
recently read of a home for sale in Natick, MA that came on the market and had 60 people at the open house and 5 offers. In the Boston globe recently it talked about Demand is up, Supply is down.
Last year we had a ton of inventory. This year so far we have more demand than supply. If houses come on and they are priced right they are experiencing multiple offers. So to the sellers I work with I advise them to be very careful on their pricing. If they price it right they will get their asking price.
This is a great article in the Boston Globe about a home for sale in Natick that sold prior to the home’s open house.
If you are a buyer – now is the time to get moving. Interest rates are down, prices are still down and the 1st time and home owner trade up program expires April 30. I have been to several closings in 2010. My experience with rates are still under 5 for a 30-year fixed conforming loan. Last week I was at a closing with an interest rate in the 3′s for a 10 year ARM.
William Raveis Mortgage has some great rates. Contact Susan Kelly at William Raveis Mortgage. She is very creative and is a mortgage banker with Raveis Mortgage. Raveis has access to several banks and is very competitive in the market!.
See you at the next open house!
Call me if you want help with your home purchase. We have a team, Christine Norcross & Partners, at William Raveis and we can help you find your dream home in the Boston Metro West Market – Natick, Newton, Needha, Wellesley, Wayland, Weston and more.
You can reach Chris Norcross at 781-694-3595. Visit our website www.HomesByNorcross.com
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