Fall is my favorite time of the year. I love the crisp air and time it allows for friends and family. However, there is work to be done to ensure your property stays in tip top shape over the winter. Here is my quick and easy list to prepare. If you complete just a few of these projects each weekend, you will be able to relax and enjoy the fall colors, football games and the apple orchard with the peace of mind in knowing you are ready for the snow and ice.
Fall Real Estate Market Update
In the past few years, the Fall Real Estate Market typically came with a slight cool down after busy spring and summer season. 2016 is different. This Fall Market is adding days, weeks, and months to the most productive Real Estate year we’ve had in a decade.
Buyers are Looking at The Numbers
Unlike the window-shoppers who come out in spring, Buyers in the Fall are motivated and ready to move. They usually have impending reason to be moving; New job, new school, new tax incentives.
Current mortgage interest rates make purchasing a million-dollar home today feel like purchasing a seven hundred-thousand-dollar home in the 1990s. They are that good. Buyers are ‘saving’ that much money. After the November elections, chances are rates will rise in 2017. So, buyers are looking to get into new homes before the fed makes them more expensive.
Inventory is Steady
During the past few years, if buyers didn’t find and close on a home in the Spring and Summer Market, they would just have to wait until next year for more (or the same) houses to come on the market. Not so this year. Home Prices have appreciated to a point that are so attractive to homeowners that many clients are contacting me to sell even though they hadn’t considered it before this season.
Enjoy the Season
If you are interested in taking advantage of this unprecedented fall housing market, give me a call and I can show your home while you’re out enjoying this beautiful weather.
Trina Macchi is a highly coveted Realtor with extensive Real Estate knowledge of the Metrowest Boston area