š” Two Exceptional Properties Sold in Walpole Last Week! š”* See 19 Prospect Street Here š MLS # 73185196 – Sold š Single Family – Detached š 19 PROSPECT STREET, Walpole, MA 02081 š” Norfolk County š° List Price: $725,000 š¼ Sale Price: $813,000 š Style: Cape š Bedrooms: 3 ...
Continue ReadingFebruary 1, 2024 Although affordability continues to impact homeownership, the combination of a solid economy, strong demographics and lower mortgage rates are setting the stage for a more robust housing market. Mortgage rates have been stable for nearly two months, but with continued deceleration in inflation, rates are expected to ...
Continue ReadingWill a Silver Tsunami Change the 2024 Housing Market? Have you ever heard theĀ termĀ āSilver Tsunamiā and wondered what it’s all about? If so, that might be because thereās been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing ...
Continue ReadingAre More Homeowners Selling as Mortgage Rates Come Down? If youāre looking toĀ buy a home, the recent downward trend inĀ mortgage ratesĀ is good news because it helps with affordability. But thereās another way this benefits you ā it may inspire more homeowners to put their houses up for sale. The Mortgage ...
Continue ReadingExperts Project Home Prices Will Increase in 2024 Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recentĀ surveyĀ fromĀ Fannie MaeĀ found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out ...
Continue ReadingThe Dramatic Impact of Homeownership on Net Worth If you’re trying to decide whether to rent orĀ buy a homeĀ this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, theĀ Federal ReserveĀ releases theĀ Survey of Consumer FinancesĀ (SCF), which compares ...
Continue ReadingWhat Lower Mortgage Rates Mean for Your Purchasing Power If you want toĀ buy a home, it’s important to know howĀ mortgage ratesĀ impact what you can afford and how much youāll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently ...
Continue ReadingMortgage Interest Rates Update šš As the new year began, mortgage interest rates remained almost unchanged. Following a gradual decline over 9 weeks, rates experienced a slight uptick from 6.61% to 6.62%. This minimal weekly change translates to just a $2 increase in the typical monthly payment for a $400,000 ...
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