As we bid farewell to 2024 and look ahead to the promise of a new year, I want to take a moment to reflect on the incredible journey this year has been and extend my deepest gratitude to all of you—our friends, clients, and customers—who have made it so special.
This year, our team at E Z Home Search Real Estate had the privilege of helping families and individuals achieve their real estate dreams. Whether it was finding the perfect first home, navigating the complexities of selling a cherished property, or simply offering guidance in uncertain times, your trust in us has been the foundation of everything we do.
A special shoutout goes to my amazing colleagues, Kyle Aguiar, Angie Pina, and Beverly Mello, Ron Valliere, and John Heroux, whose dedication and hard work have been instrumental in making this year so successful. Together, we’ve worked tirelessly to ensure that every client we serve feels supported and confident in their real estate journey.
To Our Buyers
Thank you for inviting us to be a part of one of the most exciting milestones in your lives. Helping you find a place to call home is a responsibility we take to heart, and we’re so grateful to have been a part of this journey with you.
To Our Sellers
Selling a home is a significant transition, and we’re honored that you trusted us to guide you through the process. Your confidence inspires us to continually strive for excellence and deliver results that exceed expectations.
Looking Ahead to 2025
As we prepare for the opportunities and challenges of a new year, one thing remains constant—our commitment to you. We are dedicated to providing unparalleled service, honest advice, and a real estate experience that is as stress-free as possible.
From all of us at E Z Home Search Real Estate, thank you for making 2024 a year to remember. Your trust, support, and partnership mean the world to us. We look forward to continuing to serve you and your loved ones in the year ahead.
Wishing you a 2025 filled with health, happiness, and success!
Warmly, Christopher Terry E Z Home Search Real Estate "We Make it EZ"
In the ever-evolving landscape of real estate, there's a question that's been on many minds lately: "Where did all the houses go?" It's a query that strikes at the heart of housing shortages, affordability challenges, and shifting patterns in homeownership. Recently, a new statistic from Redfin has shed light on this phenomenon, revealing that today, the typical homeowner spends an average of 11.9 years in their home, a significant increase from the 6.5 years reported two decades ago. But what's driving this trend, and what does it mean for prospective buyers and sellers?
One key factor contributing to the longer tenure of homeowners is the changing nature of the real estate market. In quarter 4 of 2021, investors purchased a staggering 26.1% of lower-priced homes, up from 24% the year before. This surge in investor activity has had a ripple effect, further reducing opportunities for owner-occupied single-family home buyers. With investors snapping up properties for rental income or resale, the pool of available homes for traditional buyers has diminished, leading to increased competition and higher prices.
This trend has profound implications for both buyers and sellers. For prospective homeowners, especially first-time buyers or those looking to upgrade, the reduced inventory can make finding the right property a daunting task. With fewer options available, buyers may face bidding wars and inflated prices, making homeownership feel increasingly out of reach. On the other hand, for current homeowners considering selling, the scarcity of listings could present a lucrative opportunity. With high demand and limited supply, sellers may find themselves in a favorable position, able to command top dollar for their properties.
However, it's essential to recognize that while these market dynamics may present challenges, they also underscore the importance of strategic planning and informed decision-making. For buyers, working closely with a knowledgeable real estate agent who understands local market trends and can offer guidance on navigating competitive landscapes is crucial. Additionally, exploring alternative housing options such as townhomes, condos, or new construction developments may provide viable alternatives in areas where single-family homes are scarce.
For sellers, timing and pricing are key considerations. While high demand can work in favor of sellers, it's essential to strike the right balance between maximizing profit and attracting qualified buyers. Collaborating with a seasoned real estate professional who can help stage the home effectively, market it to the right audience, and negotiate favorable terms is invaluable in achieving a successful sale.
Ultimately, the phenomenon of homeowners staying in their properties longer and investors exerting greater influence on the market reflects the dynamic nature of real estate. By staying informed, adaptable, and proactive, both buyers and sellers can navigate these challenges and capitalize on opportunities in today's evolving landscape.
While the question of "Where did all the houses go?" may seem perplexing at first glance, a closer examination reveals a complex interplay of factors shaping the current state of homeownership. From shifting market dynamics to increased investor activity, understanding these forces is essential for anyone navigating the real estate landscape. By staying informed, leveraging expert guidance, and approaching transactions with patience and strategy, buyers and sellers alike can navigate this ever-changing terrain with confidence.
Imagine you've finally found the home of your dreams. It has the perfect location, a beautiful exterior, and charming interiors. But as the old saying goes, "Looks can be deceiving." What if that picture-perfect house hides lurking secrets, potential hazards, and costly repairs? This is where the power of a home inspection comes into play, and it's not something you want to overlook.
Welcome to the exciting world of home buying, where the search for your perfect abode begins. At EZ Home Search Real Estate Inc., we know that this journey can be a rollercoaster of emotions, from exhilaration to anxiety. And that's why we're here to talk about one of the most essential checkpoints in this exhilarating ride – the home inspection.
Why Home Inspections Are Important:
Now, you might be wondering, "What is a home inspection, and why is it so crucial?" A home inspection is like a backstage pass to your potential new home. It's your opportunity to see beyond the stage setting, to uncover the hidden aspects of the property.
Here's why it's absolutely indispensable:
Revealing Hidden Issues: Your dream home might be hiding unexpected nightmares. Think structural problems, plumbing woes, and even unwelcome guests (termites, anyone?). A home inspection reveals what your eyes might not see.
Safety Assurance: A house that seems cozy on the surface could have lurking dangers like faulty wiring or structural instability. A home inspection ensures your new haven is safe for your family.
Negotiating Leverage: Armed with the findings of a professional home inspector, you have the power to negotiate with the seller. In a previous video blog, we discussed negotiating the price. It’s important to keep in mind that in a real estate transaction, negotiations continue all the way through the closing. It’s one more reason why, whether you are buying a home, or selling a home, it’s important to hire a real estate professional who will advocate for your best interests.
Peace of Mind: Buying a home is a significant investment. A thorough inspection provides peace of mind, knowing you're making an informed decision, not an emotional one. It’s the chance to take off you excited cap and put on your logical cap and see just what you’re getting.
Long-Term Savings: Unearthed problems can be pricey but discovering them early through an inspection means you can budget for repairs and maintenance, saving you a fortune in the long run.
So, whether you're a first-time homebuyer or a seasoned real estate enthusiast, remember this: a home inspection is your secret weapon. It's the difference between a dream home and a potential disaster.
At EZ Home Search Real Estate Inc., we're your partners in finding the perfect home, and we strongly advise that you never skip the home inspection step. It's your shield, your assurance, and your key to unlocking worry-free homeownership.
Are you ready to embark on this journey? Get in touch with us today, and let's start the adventure of finding your dream home – one that's safe, sound, and ready to make your dreams come true. Don't delay; contact us now and take that first step toward your dream home.
When it comes to achieving your dream of homeownership, understanding the world of mortgages is crucial. Choosing the right mortgage can make all the difference in making your dream home a reality. In this blog post, we'll explore the various types of mortgages available and why it's essential for consumers to know their options before embarking on their home buying journey.
Exploring Mortgage Options
1. Fixed-Rate Mortgages
Fixed-rate mortgages are a popular and straightforward option. With this type of mortgage, your interest rate remains constant throughout the life of the loan. This predictability allows you to budget with confidence, as your monthly payments won't fluctuate.
Why It’s Important: Fixed-rate mortgages are ideal for those who prioritize stability and want to lock in a consistent monthly payment. They offer peace of mind, especially in a rising interest rate environment.
2. Adjustable-Rate Mortgages (ARMs)
Adjustable-rate mortgages have interest rates that fluctuate over time based on market conditions. Typically, ARMs start with a fixed-rate period (e.g., 5, 7, or 10 years) and then adjust periodically.
Why It's Important: ARMs can offer lower initial interest rates, which may be appealing for those planning to stay in their home for a shorter period. However, understanding how the interest rate can change and being prepared for potential fluctuations is essential.
3. FHA Loans
FHA (Federal Housing Administration) loans are government-backed loans designed to make homeownership more accessible. They often have lower down payment requirements and more lenient credit score criteria.
Why It's Important: FHA loans are an excellent option for first-time homebuyers or those with limited savings for a down payment. Knowing about these loans can open doors for those who may not qualify for conventional financing.
4. VA Loans
VA (Department of Veterans Affairs) loans are available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. They offer favorable terms, including no down payment requirement and competitive interest rates.
Why It's Important: For those who have served in the military, VA loans provide a unique opportunity to secure a home loan with exceptional benefits. It's crucial to understand these options and take advantage of the benefits they offer.
5. Jumbo Loans
Jumbo loans are designed for purchasing higher-priced homes that exceed the conforming loan limits set by the government-sponsored entities (GSEs). These loans typically require larger down payments and have stricter credit requirements.
Why It's Important: If you're in the market for a high-end property, knowing about jumbo loans and their requirements is essential for securing financing for your dream home.
Why Knowing Your Options Matters
These may be some of the more common loan types, but certainly not all the types available. Understanding the various types of mortgages available is essential for consumers for several reasons:
1. Tailoring to Your Needs: Knowing your options allows you to choose a mortgage that aligns with your financial goals, whether it's stability, lower initial payments, or unique benefits.
2. Financial Preparedness: Being informed about different mortgage types helps you prepare financially for homeownership. You can plan for down payments, closing costs, and monthly payments more effectively.
3. Avoiding Regret: With a better understanding of your options, you can make informed decisions and avoid potential regrets or surprises down the road.
4. Customized Financing: Different mortgage types can be tailored to your specific circumstances, ensuring that your mortgage aligns with your unique situation.
Your journey to homeownership should be exciting and well-informed. At E Z Home Search Real Estate, we're committed to helping you make the right decisions every step of the way. By exploring the mortgage options available and understanding their implications, you'll be better equipped to make the right choice for your dream home. Whether you're a first-time buyer, a veteran, or looking for a luxury property, knowing your mortgage options is the key to turning your homeownership dreams into reality. If you have any questions or need guidance on your home buying journey, don't hesitate to reach out. We also encourage to you get a free copy of our Home Buyer’s Guide to Real Estate. With no stone left unturned, this guide will help you every step of the way. Simply complete the form below to be instant directed to this must have home buyer resource.
We're here to help you unlock the doors to your dream home.
Are you in the market for a new home? The journey to homeownership is filled with excitement, but it can also come with its fair share of challenges. One such challenge is navigating the world of mortgage lending, which includes a concept known as "Trigger Leads." In this blog post, we'll demystify trigger leads, shed light on why they can be detrimental to consumers, and provide you with valuable insights on how to protect yourself from unwanted calls and marketing.
What Are Trigger Leads in Mortgage Lending?
Before we delve into the complexities, let's start with the basics. Trigger leads are a component of the mortgage lending industry. They come into play when you engage in credit-related activities, such as applying for a mortgage or checking your credit score. When you undertake these actions, credit reporting agencies collect this data. They then compile a list of consumers who have recently "triggered" their credit reports and sell this information to various mortgage lenders.
Why Trigger Leads Can Be Detrimental to Consumers
Now that we've defined trigger leads, it's important to understand why they can be problematic for consumers:
1. Privacy Concerns
Many individuals are uncomfortable with the idea of their personal financial information being shared and used by multiple lenders without their explicit consent.
2. Unsolicited Contact
Trigger leads often result in a barrage of unsolicited phone calls, emails, and marketing materials from various lenders. This constant influx of communications can be overwhelming and intrusive.
3. Confusion and Pressure
The sheer volume of offers received as a result of trigger leads can lead to confusion. This confusion may make it challenging for consumers to make informed decisions, and it can put undue pressure on borrowers to make choices quickly.
4. Competitive Pressure
Mortgage lenders fiercely compete for trigger leads, which can sometimes lead to aggressive sales tactics and potentially less favorable loan terms for consumers.
How to Protect Yourself from Trigger Leads
The good news is that there are steps you can take to safeguard your privacy and peace of mind when it comes to trigger leads:
1. Opt-Out
You have the option to opt-out of having your information included in trigger lead lists. Contact the credit reporting agencies directly and request to be placed on the "opt-out" list, which prevents your data from being sold to mortgage lenders in this manner.
2. National Do Not Call Registry
Register your phone numbers with the National Do Not Call Registry. This simple step can significantly reduce unsolicited telemarketing calls, giving you more control over your communications.
3. Understand Your Rights
Familiarize yourself with the Telephone Consumer Protection Act (TCPA), which places restrictions on telemarketing calls. If you believe your rights under this act have been violated, you can report any violations to the Federal Trade Commission (FTC).
4. Shop Around Independently
Take charge of your mortgage search by proactively researching mortgage options and reaching out to lenders of your choice. This puts you in control and allows you to make decisions on your terms.
Conclusion
In the dynamic world of real estate, understanding trigger leads and their potential impact is vital. While they can be a useful tool for lenders to connect with potential borrowers, they can also pose challenges for consumers. By knowing your rights and taking proactive steps to protect your privacy, you can regain control of your home buying journey.
At E Z Home Search Real Estate, we're committed to helping you make informed decisions throughout your homeownership journey. Your quest for the perfect home should be a thrilling and stress-free adventure, and we're here to ensure that it is. If you have any questions or need further assistance in your home search, please don't hesitate to reach out. Your dream home is just a click or call away, and we're here to help you find it.
“We consistently heard from Fall River residents that they wanted to bring the theater back,” said Steven Cohen, president of the CEA Group told the Fall River Herald.
“We spoke to several national theater companies that were interested in opening in this location, but we were most impressed with the Picture Show team.”
In addition to the excitement of a brand new movie theater, the 110 Grille is an American Cuisine restaurant that is a must in this area of the city. Unlike the other franchises in the area, 110 Grille is a fairly new restaurant, with the first one opening in 2014 in Chelmsford. Since then it has opened seven restaurants in Massachusetts and New Hampshire with two more opening soon in Haverhill and Braintree. The Ulta Beauty that was announced this past May had locals ecstatic about the beauty company finally getting a SouthCoast location. Ulta Beauty is a store that sells high-end cosmetics, fragrances, skincare and haircare products at prices that can only be considered a steal! The biggest store to open at the SouthCoast Marketplace though is definitely the Market Basket. This giant supermarket has some of the best prices you can find, and now locals don't have to drive all the way to New Bedford to get the deals! Other shops and restaurants announced for the Marketplace include T.J. Maxx, Qdoba Mexican Grill, Santander Bank, One Dollar Zone, Starbucks and Staples.The marketplace is expected to open sometime this Fall!Interested in real estate and what is happening in the Greater Fall River area? Be Sure to subscribe to our blog below. And feel free to comment! We love hearing from you!
The scam goes like this: you’ll receive an email that appears to be from an individual legitimately involved in the transaction, informing the recipient-- often the buyer--that there has been a last minute change to the wiring instructions. The victims of this scam follow the new instructions and wire funds directly to the hacker’s account. The scammer’s account will be cleared out in a matter of minutes and the money is almost always lost forever.
This time of year is one of the busiest for agents when it comes to closing on homes, so this is exactly the time of year that we tend to see an increase in this type of scam. Though none of EZ Home Search’s clients or agents have been involved in the scam, we like to inform our buyers just in case.
If you do find yourself in the middle of this email scam, there are ways to prevent yourself from being a victim. These tips include:
If possible, do not send sensitive information via email. If you must use email to send sensitive information, use encrypted email.
Never click on any links in an unverified email. In addition to leading you to fake websites, these links can contain viruses and other malicious spyware that can make your computer – and your transactions – vulnerable to attack.
Congratulations to Jan Caouette for helping her buyer clients navigate their purchase of 426 Highland Ave in Westport!
Jan is a long-time Westport resident who personally knows what makes the town of Westport a desirable place to live. She’s knowledgeable about the schools in the area, local ordinances, and the current housing market, which is key to getting to the closing table without delay. Her expertise makes her the perfect person to find you your next home!
Westport
Westport is a small town on the southern coast of Massachusetts sandwiched between Little Compton RI and Dartmouth MA, filled with sprawling farmland and gorgeous blue beaches. This quaint town is a gem that you rarely find with friendly neighbors, a local grocery store, and family-owned restaurants; this town feels like it was pulled right out of a story book. For more information about the real estate market in Westport MA contact Jan Caouette at 508-965-5891, or on the web at www.RealEstatebyJan.com
Kids are messy. No matter how hard you try, if you have kiddos running around it is nearly impossible to keep the place clean. This is why storage is a must. And storage that appeals to your kids will give them even more of a reason to want to clean up! Below we have five easy storage ideas that can get even the fussiest tot excited to clean. DIY Library Corner
Have a child who loves to read? Or maybe you just want to instill the value of reading at a young age? Either way a library corner is the perfect way to keep all of the books organized. All you need is a free corner in your child's room or playroom, vinyl rain gutters, end caps, and wood screws.
Cut the vinyl to size, add the end caps so your kiddies don't hurt themselves on the sharp corners, and hang the gutters at kid level so they can pick the books out themselves.
Add a colorful beanbag chair or a few small seats for your children and you have a perfect place to store all of their books.
For more information on materials and steps go to Cheerios & Lattes Lego Storage and Play Table
Have you ever stepped on a Lego? If not then you have been blessed with not feeling one of the most annoyingly painful feelings in the world. If you are sick and tired of finding Legos all around your house, consider making this inexpensive Lego Storage Table.
The table simply made of 3 plastic draws, a 4 foot board, and a couple of cute stools. Adhere to board to two of the plastic draws, and keep the third loose so you can pull it in and out when the kids use the table.
To stay even more organized, you can organize each draw with specific colored Legos.
It is such an easy way to keep all of the Legos in one place, plus kids your kids will love having a place to build their Legos without being moved. It's a win-win!
For more information on this play table go to Our Wee Family. Animal Storage Jars
When you have small children, art supplies are everywhere. With animal storage jars, your kids will want to put their crayons and colored pencils back where they belong.
All you need are different sized mason jars, those animal figurines you have laying around the house, a hot glue gun (or super glue) and some paint.
Paint the figurines and the jar lids solid bright colors and then simply glue the animal to the lid and voilà!
The best part is that this project is easy enough to do with your own little helper, letting it double as a fun activity to do on a winter's day!
Find out more at Cool Mom Picks Hide Your Storage
Are you sick and tired of seeing the messy shelves full of toys and games? There is a really easy solution to this: curtains.
Simply place a tension rod in the top shelf and add a cute curtain... It is that easy!
Don't believe me? Go to Plumberry Pie to see more! Game Board Storage Art
Sick and tired of pulling out a game on family game night just to find that some of the pieces are missing? Then this is for you! All you need are 1 x 4 wood boards, a table saw, a miter saw, spray paint, 3m sticky back hooks, and some nails/staples.
Simply measure the game board of your choice, and cut the wood to size. Spray paint it the color of your choice and nail together.
Or, if that's too much work for you, simply customize a frame to fit the game board!
Then place all of your game pieces in a plastic baggie and tape it to the back of the board. Now you have art that doubles as a fun family game board!
For exact directions on how to make a DIY frame go to Infarrantly Creative.
Have some ideas of your own? Feel free to share them here. And as a leader in the Greater Fall River Area real estate market we can help you find a new place to use some of these great ideas.
Author Profile:
Mariah Terry is passionate writer and blogger studying Journalism at Emerson College with a minor in Marketing. See her work at mariahjterry.wix.com/reblogs.