“You Don’t Make Money When You Sell Real Estate, You Make Money When You BUY It!”
Do you see the statement above? Someone once told me it was written backwards…that you only make money when you SELL real estate.
But that statement IS accurate. You see, you might receive your sales proceeds when you sell your home, but it’s how well you BOUGHT your home that will determine HOW MUCH your proceeds will be.
But the story doesn’t end there. Finding the right home, and making a prudent financial investment is more involved than just “buying right.” You also need to FINANCE it right.
Even Experienced Homeowners Make Costly Mistakes When Buying and Financing Their Home
You’ve worked too hard for your money to needlessly give it away! That’s why I created a Special Home Buyers Report. Below is a just a taste of the information and insights provided in this free report. For complete access to this special report simply complete the form below. It’s packed with insider secrets that could save you thousands!
In this FREE Home Buyer Report we'll review:
How to Understand Your Wants versus Your Needs:
Before diving into the house hunt, it’s important to figure out your needs versus wants. Knowing what you truly need helps in making informed decisions and avoiding unnecessary stress. In this informative report we’ll help you differentiate between features and benefits so you can refine your focus and prevent any disagreements if you're buying with a partner.
How to Determine Affordability and Saving on Financing
Getting a grip on how much home you can afford is vital. Lenders use guidelines like the Payment to Income Ratio and Debt to Income Ratio. Knowing these limits and finding a motivated lender is key. Contrary to popular belief, there are no one-size-fits-all rules for financing. It's essential to evaluate each factor and find the right balance to save a bundle on your financing. In this FREE report we’ll review how interest rates, points and other terms matter to your bottom line. Plus we’ll review how you can determine what might be best for you based on your own personal needs.
How to Evaluate Homes Smartly:
We will also give you insights on how to evaluate homes smartly. Understanding the market's trends and comparing them to local market information will save you thousands when making an offer on a home.
Ways to Save on Your Offer and Negotiating the Deal:
Negotiating a deal depends on many factors. We’ll review ways to help you determine the best ways to strategize when making your offer giving you more negotiating power to help you save time and money.
If you’re like most people, the decision to buy a home involves a number of stresses and strains. For most buyers, purchasing a home is the single largest financial transaction of their lives. Mistakes in any part of the buying process can be costly. Get your copy of our Special Home Buyers Report and discover a number of helpful and straightforward tips for finding a home that meets your needs AND becomes a wise financial investment.
Making Your Move Simple and Seamless
Let's face it...moving can be stressful! Whether this is your first or your fifth move, there are always things that get missed! That's why we have made this guide available FREE and E-Z to Access! We want to help to make your move a little less aggravating and a lot more fun!
This easy-to-follow guide takes you through the 7 Stages of Moving. From preparation all the way through to things to consider once your move is complete! There's a lot to consider and you don't want to miss a thing!
The Federal Reserve's rate hikes may not yet have had an impact on the RED-HOT Fall River Multi-Family home market. Where it is having an impact is transaction volume!
Even with mortgage rates more than double the lows of 2021, the lack of inventory continues to support home values.
Year over year median sales price for multifamily homes on Fall River MA is up over 16 percent from May 2022.
Median days on market is up slightly to 22 days. While the list to sales price ratio was down slightly but still at 100%.
The place where the recent interest rate hikes have had an impact is transaction volume.
Listing volume is down over 15%. Units that went pending was down over 33% and units sold was also down over 33%. And possible insight into things to come, pending sales are down almost 40%.
Fewer homes, and fewer buyers that qualify at today's current prices results in fewer transactions. Or course, all real estate is local, so let us know if you would like to know more about what is happening in your neighborhood and if you like these updates, please like and subscribe so you can stay in the know.
Start Your Journey to Homeownership Here!
#FallRiverMA #Multi-Family #MarketinaMinute #realestate #freebuyerguide #WeMakeitEZ
Tuesday, May 23rd, 4:30 - 6 PM
This 5 bedroom, 2.5 bath home is situated in the heart of the Fall River Highlands and is a blend of modern amenities and traditional charm. The welcoming foyer leads you to a spacious living room that features a fireplace, hardwood floors, and large windows creating a warm and inviting feeling. The formal dining room features French doors that lead to an enclosed patio, allowing for natural light to fill the space. The kitchen features granite countertops, and stainless-steel appliances and the adjacent breakfast nook is the perfect spot to enjoy your morning coffee. Also on the first floor is a den/library/home office featuring a fireplace and access to the backyard. The backyard is completely fenced in and perfect for outdoor entertaining. This homes 5 bedrooms are spacious and bright. The basement is perfect for a home gym or additional living area and also features additional storage space. If you're looking for a spacious home with space to grow, then this property is a true gem.
Click Here to Get Your FREE Copy of Our Sellers Guide to Real Estate
In a world so rapidly changing and a housing market and economy that is constantly responding to that change -- selling is a big decision and a big deal -- and I want you to know that I’m here to help with that every step of the way.
If you are like most homeowners, you have questions about where the economy is headed right now. I understand! Navigating through change can feel daunting, that's why I've done the “heavy lifting” for you and created this important Seller's Guide to walk you through everything you need to get a home sold in today's market for the highest possible price, in the shortest time, and with the fewest headaches.
February’s median sales price for a multi-family Home in Fall River Ma jumped 17.25% from the previous February.
In February there were 36 multi families sold and closed with a median sales price of $521,771.
That’s up 17.25% compared to the previous February when there were 53 units sold and closed with a median sales price of $445,000.
Months of supply jumped 60% to 1.06 months. Still well below a balanced market.
It’s interesting to note that multifamily homes that are active on the market have a median days on market of 97 days. While for multifamily homes that are currently under agreement the days on market is just 16 days.
This indicates that as long as you are price appropriately there are eager buyers actively looking.
Of course, all real estate is local, so let me know if you want to know more about what is happening in your neighborhood and if you like these updates, please like and subscribe so you can stay in the know.
Buying a home is a BIG Decision!
If you've thought about buying - now, or in the near future - and you want to ensure that the experience is smooth and easy as possible, this guide is for you!
In this guide you will discover:
PLUS: Our Moving Checklists, Loan Application Checklist and so much more! We want you to know that we're here to help every step of the way.
Our Buyer's Guide is FREE, with no-obligation what-so-ever. Enjoy!
#realestate #massachusetts #marketinaminute #multifamily #fallriverma #WeMakeItEZ
The number of homes listing in February jumped 138% from the previous February.
There were 31 single family homes listed for sale in February compared to just 13 last February. That’s a 138% increase from the previous year. This is good news for our inventory staved market. And more inventory means more options for buyers.
Months of supply jumped 195%. But even with that large jump there is still only 1.18 months of supply on the market. Well below a healthy real estate market.
Days to an offer was only up slightly, going from 21 days last February to 24 days this February.
And, even with the higher interest rates side lining many buyers the median sales price was up 2.33 % to $375,000.
Thinking of making a move? Get a copy of our Good Move Guide.
Moving can be stressful on you, but it can be even tougher on kids!
Get a copy of our FREE guide to making moving easier on you and your children. It's got tons of tips to turn your next move into a fun adventure for the whole family!
#realestate #massachusetts #marketinaminute #fallriverma #WeMakeItEZ #ezhomesearch