Wednesday, December 8, 2010

Temperatures are dropping but the Real Estate Market seems to be heating up!

Although there is a chill in the air, the real estate market appears optimistic on the South Shore of Boston.
Buyers who have been lookers for three years are now coming to the table to make their decisions. These are educated Buyers, they have watched the ups and downs of the market and they now are executing their judgements to BUY on the South Shore of Boston.
Rates are edging up - ask your professional Real Estate person you are dealing with as to how the raise in interest rates affect your purchase.  You can see that even a slight rise in interest rates creates a void in your buying power which you would not believe the impact of!
Of course when the Buyers come to the table to buy that decreases the supply which up until now has been very abundant...old principal of supply and demand...the lower the supply, the higher the demand and then you can expect higher prices too!
So if you are in the market for a new home now is the time to truly think about putting a plan together.  If I may be of any assistance, please do not hesitate to contact me, I am educated to the market, experienced and full time in the real estate market, and I am here to assist you.

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