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 […]
pioneer valley
Is Inventory REALLY Back? Not So Fast—Western MA and NW CT Tell a Different Story
Is Inventory REALLY Back? Not So Fast—Western MA and NW CT Tell a Different Story Hi friends! 👋 Lesley Lambert here, REALTOR® with Park Square Realty, your friendly neighborhood real estate expert proudly serving Western Massachusetts for over 30 years. You may have heard the national news buzzing lately with headlines like “Housing Inventory Is […]
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 […]
A Return to ‘Normal’? The State of Real Estate in 2022 | Western Massachusetts
A Return to ‘Normal’? The State of Real Estate in 2022 | Western Massachusetts Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the […]
