Mortgage rates have recently dipped below 6%, and most of the conversation is focused on buyers. Lower rates improve affordability. Buyers qualify more easily. Monthly payments soften slightly. But there is another side to this story — and it matters if you are a homeowner thinking about listing. When rates ease, even modestly, more buyers […]
01085
Is it a seller’s market in Westfield, MA real estate?
As a seller, it is important to understand the correlation between key real estate metrics to make informed decisions when listing your property in Westfield, MA. The Months Supply of Inventory is a metric that indicates the balance between supply and demand in the housing market. A lower supply of inventory, such as the current […]
Hedge Against Inflation With These 3 Real Estate Investment Types
Hedge Against Inflation With These 3 Real Estate Investment Types The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher […]
4 Graphs that demonstrate why this is NOT a housing bubble
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the […]
Westfield, MA REAL ESTATE MARKET REPORT, November 2021 by Lesley Lambert, REALTOR
Westfield, MA Real Estate Market Report, November 2021 by Lesley Lambert, Westfield REALTOR You may be curious to know what has happened in the real estate market in Westfield, MA over the past twelve months. I have taken the time to create a report that shows you the market statistics and changes over the past […]
