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Massachusetts Real Estate Skyrocketed in 2013....What Does That Mean for 2014?

by Team Lynch Real Estate Consultants

In Massachusetts, and our Wellesley & Metrowest Boston area, the housing market had a banner year in 2013.  Home sales and prices hit numbers that haven't been seen in a while...But what does that mean for 2014?   Experts agree that 2014 will be a year that sees continued growth and stabilization in the housing market, with home prices rising, greater activity among underwater homeowners, and fewer foreclosures.

What is important to note is that to buy a home in the 2014 marketplace, you will need incredible credit or have the ability to put together a cash offer.  In November of 2013, the average FICO score for conventional home loans was 756, while the average score for denied applications was 729.  Don't expect the credit standards to loosen up anytime soon, with the new regulations from Dodd-Frank, lenders will be closely monitored to prevent risky products from entering the marketplace.

Still, even Warren Buffett is smiling about the state of the housing market, and knows the numbers will continue to climb- offering many individuals the opportunity to own a home.  What does that mean for the Wellesley & Metrowest area?  Sticking with the 3 elements to home ownership;

1- Fixed Mortgage

2- Affordable Payments

3- Long-term Hold

​If you are looking to buy or sell in the Wellesley MA & Metrowest Boston area....NOW IS THE TIME TO ENTER THE MARKET!  Know what you want, do the research on the home and area you desire, and put together a plan and budget of how you will achieve your goal.

Team Lynch has the knowledge, technology and Real Estate Experience to bring together your dream home...and YOU.  Give us a call today to develop your personal marketing or sales plan.

 

 

 

How Home Buying Habits Have Changed

by Team Lynch Real Estate Consultants

MERRY CHRISTMAS & HAPPY NEW YEAR!

by Team Lynch Real Estate Consultants

No doubt about it.....we're having a white Christmas!! It is so beautiful to look outside and see all the sparkling snow tipped trees and children playing outside.  Christmas is such a magical, joyous and blessed time, and we cherish the moments we can spend with all our family, friends, coworkers and neighbors.  After all, that's what Christmas is about....it's the people, not the presents, that make life worth living.

As 2014 comes to an end, We want to thank all of you for your faith and trust in Team Lynch Real Estate to handle all your Wellesley & Metrowest Real Estate Needs!

We've lived here all our lives and cherish the lives we lead in Wellesley and the local area.  We are blessed to have an incredible town to call home;  the natural beauty and all the wonderful people we live and work with everyday.  Building our families and businesses in Wellesley and the Metrowest area  strengthens our town, and local economy....and continues to bring new families to join our fantastic area.

We are  looking forward to 2014 and all the possibilities it will bring for everyone, and wish you and your families an abundance of Christmas Blessings and a Happy, Healthy & Prosperous New Year!

Team Lynch

"Your 200% Solution for Wellesley & Metrowest Real Estate"

Why You Need a Real Estate Guide

by Team Lynch Real Estate Consultants

Any homebuyer or seller who peruses news outlets for information can become quickly confused by the news headlines regarding real estate.  There is no doubt that conflicting information about the industry is reported on a daily basis.

The reality is real estate is a very local business. What is happening in regards to sales, pricing, and inventory nationally or even state-wide, may not be happening in your local community.

Understanding how the information you read impacts you directly can also be difficult to navigate.  Do interest rates impact the buyers looking to purchase in your neighborhood? Do inventory levels impact housing prices in the community you want to move to? Can you qualify for a mortgage? What is the optimal price that your home will sell? 

Working with Team Lynch real estate professionals can provide you with the solid facts that are relevant to you in your local area, and can guide you through the glut of information. 

Team Lynch sales professionals not only have the professional experience and knowledge to assist, but they deal in their local marketplaces every day and have access to pertinent local data that can help you make sound home buying and selling decisions.

Your Team Lynch agent can help you analyze the market data and explain explicitly what it means to you. They can provide you with a competitive market analysis and give expert guidance on current market conditions that impact you and your neighborhood directly. 

Whether you are home seller who needs professional guidance to price a property appropriately, or a home buyer who needs a responsible representative who will lead you through the process, your Team Lynch Realtor expert can advise you, dissect those national headlines, and give you the right kind of information to help you make the decisions that are right for you.

    

Displaying blog entries 11-14 of 14

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