Western Mass Homes Lesley Lambert

Home Buying

Investment Properties in Western MA

Western Massachusetts
Western Massachusetts (Photo credit: Wikipedia)

Western Massachusetts’ investors take note: if you have been wondering when is the right time to invest, it very well may be RIGHT NOW.  Here is the facts:

* the market dropped and has been (in most parts of Western MA holding)

* the interest rates are at all time lows

* the foreclosure and short sale inventory is still there

These three facts combined equal opportunity.

If you are either an experience investor or are new to investing, you need to evaluate these opportunities and it may just be the exact right time for you to make a move.

I have a lifetime of experience in investment property.  My parents owned investment property for both rentals and flip properties and I worked with them as everything from cheap labor to management on their investments.   I learned in the trenches how to read a profit and loss statement and how to spot a property with lots of potential for resale with realistic repairs.

As a REALTOR in Western MA one of my favorite things to do is help my investor clients find the right properties for their investment portfolio.

If you are an investor in Western MA who is considering  making a new real estate investment, I hope you will consider me as your trusted advisor.

 

 

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Western Massachusetts Real Estate Economic Outlook Improved

Map showing the counties typically considered ...
Map showing the counties typically considered to make up Western Massachusetts (dark green). Worcester County is considered to be either western or central Massachusetts (light green). (Photo credit: Wikipedia)

Over the past few weeks the economic outlook for real estate has improved in Western Massachusetts. As a real estate agent in Western Massachusetts for the past 23 years, I have seen a lot of change in the local real estate market. Park Square Realty has noticed a few key elements that will impact the real estate market in Western MA this Spring.

Mortgage rates have been at a lifetime low, but they won’t last forever. Over the past week the rates have been creeping up and it is probably time to ask your lender about a “rate lock” and start seriously hunting for your new home.

Rising interest rates could spur more activity in home sales in Western Massachusetts. As a home buyer this means you want to get out there quickly and get your dream home before the competition grows. If you are a home seller in Western MA then you want to get your house on the market now to try to be there when the buyers show up.

This January and February have been the best two months in winter home sales in the past five years.

Let’s hope these economic indicators are a sign of improvement in Western Massachusetts real estate!

If you are looking to buy a home in Western MA or sell your Western MA home, I will help you make it happen!

 

 
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Lesley Lambert
Park Square Realty
4135753611
realestate.lesleylambert@gmail.com
 

 

 
Search All Homes For Sale
Free List of Foreclosed Homes For Sale
What is your home worth?
Homes Close to Where You Work
Lesley Lambert
Park Square Realty
4135753611
realestate.lesleylambert@gmail.com
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Real Estate in Western MA is up by almost 200% according to Park Square Realty

If you are wondering if now is a good time to sell your Western Massachusetts home, these statistics might be helpful:

Showings on Park Square Listings and Pending Sales of Park Square Listings.

First 80 days of 2011 compared to the First 80 days of 2012..

January 2011 to March 20th 2011: 264 Showings 31 Pendings (PKSQ Listings)

January 2012 to March 20th 2012: 540 Showings 58 Pendings (PKSQ Listings)
These are amazing statistics….

Showings on our listings have more than doubled from last year = (204.5%)

Pending sales of our listings have almost doubled from last year = (187.1%)

Activity at Park Square has basically doubled during the first 80 days of 2012..

First Time Homebuyer Video Series for Western MA Buyers

A few years ago I created a series of videos explaining the home buying process to the first time home buyer. These videos are still useful today, so I have compiled them into a series for your viewing.

These videos take the first time home buyer in Western MA through the process of finding your first home from getting pre-approved with a lender, negotiating the purchase price, home inspections and other important points during the sale.

I hope that these videos will prove helpful to anyone in Western Massachusetts who is embarking on the exciting adventure of buying their first home.

First Time Home Buyer in Western MA?  Click here to get help!

 
 
Westfield, MA Homes for Sale
Search All Homes For Sale
Agawam, MA Homes for Sale
West Springfield, MA Homes for Sale
Free List of Foreclosed Homes For Sale
What is your home worth?
Homes Close to Where You Work
Lesley Lambert
Park Square Realty
4135753611
realestate.lesleylambert@gmail.com

Romance, Excitement and Surprise in Western MA Real Estate

Sold!
Every closing is exciting and special, but yesterday I participated in one of the most romantic, exciting and fun closings in my 23 year real estate career.

My clients, Dan and Ania, had seen a home for sale in Westfield, MA that they offered on, but we couldn’t not come to agreeable terms. After a few days, I heard from Dan who said that he wanted to buy the home, but we had to get it closed in a week because he wanted to surprise his wife on their anniversary which was February 1.

It took a lot of hustling on our part, but we were able to get the home closed in time and then Dan started planning the reveal of the surprise.

Ania had noticed that the property had gone under agreement on the computer and had been commenting about it. In order to get her to the house for the reveal, Dan told her that there was an issue with the deal in place and we had to hurry up and meet to put an offer in. Meanwhile, he spent the day (Ania was at work) moving furniture and personal items so that they could spend that night in their new home.

We arrived early and Dan put up “Happy Anniversary” decorations while his mother, brother and I got our cameras ready to capture the reaction…I will let my video tell you about that part of this story:

A sweet addition to this story is that this home was the home of Albert Ferst, who is well known and loved in Westfield for his philanthropy and sweetness to his wife Amelia. It is a wonderful thing to see another family carry the romantic torch into the next generation of this home’s story.

It was a rare thrill to be part of this sweet home purchase and I wish Dan, Ania and their family many years of happiness in their new home. I am so glad that they let me help them make this dream happen and look forward to seeing them settle into their new home!