Savvy. Real Estate. Matchmaking

movinggreaterboston What will you be doing to take advantage of the great weather before the cold comes?! One of our favorites is to take a stroll along the esplanade, especially during sunset! . . . . . #realestateteam #realestateagents #realestatehustle #esplanade #boston #heybmag #onlyinboston #backbay #sunsetphotography

movinggreaterboston Right near the Orange line, the Alloy Condominiums are in the center of Assembly Row— our newest IGTV video has the inside scoop on what it’s like to live there🎥 . . . . #realestateteam #realestateagents #realestatehustle #luxuryrealestate #luxurycondo #assemblyrow #somervillerealestate #bostonrealestate #shopping #foodie #waterviews #cityviews #luxurylifestyle

movinggreaterboston Home values have appreciated and mortgage rates are at historic lows—Here’s why it’s a buyer AND seller’s market🙌 Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported, “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there is a shortage in supply of an item that’s in high demand, the price of that item increases. That’s exactly what’s happening in the real estate market right now. CoreLogic’s latest Home Price Index reports that values have increased by 5.5% over the last year. This is great news if you’re planning to sell your house; on the other hand, as either a first-time or repeat buyer, this may instead seem like troubling news. However, purchasers should realize that the price of a house is not as important as the cost. Let’s break it down. There are several factors that influence the cost of a home. The two major ones are the price of the home and the interest rate at which a buyer can borrow the funds necessary to purchase the home. Last week, Freddie Mac announced that the average interest rate for a 30-year fixed rate mortgage was 2.87%. At this time last year, the rate was 3.73%. Let’s use an example to see how that difference impacts the true cost of a home. Assume you purchased a home last year and took out a $250,000 mortgage. As mentioned above, home values have increased 5.5% over the last year. To buy that same home this year, you would need to take out a mortgage of $263,750. Thanks to today’s lower rates, even with the price increase, you would still save $61 in your monthly mortgage payments (principle and interest). That means greater home price, but lower home cost. Even though home values have appreciated, it’s a great time to buy a home because mortgage rates are at historic lows. #firsttimehomebuyer #housingmarket #househunting #makememove #homegoals #houseshopping #housegoals #investmentproperty #emptynest #downsizing #starterhome #dreamhome #keepingcurrentmatters #realestateteam #realestatetip

movinggreaterboston If you’re looking for unique architecture + vibrant homes and buildings, look no further than the Union Square section of Somerville 📸 Our 3 bedroom condo at 71 Marion Street is right near it all! . . . . #realestateteam #realestateagents #realestatehustle #somervillema #unionsquare #condo #condoforsale #bostonrealestate #somervillerealestate

movinggreaterboston Open House🏡✨ 71 Marion Street, Somerville Today 11am-12:30pm Tomorrow 11am-12:30pm Monday 10:30am-12pm See you there! . . . . #realestateteam #realestateagents #realestatehustle #openhouse #bostonrealestate #somervillerealestate #somervillema #unionsquare #condo #backporch #yellowhouse

movinggreaterboston Over $100 Million in Career Sales, wow! A special thank you to our clients, we could not have done this without you!🎉 Let’s keep it Moving🏡 . . . . #realestateteam #realestateagents #realestatehustle #movinggreaterboston #realestateachievement #bostonrealestate #boston

movinggreaterboston Of course we had to walk over to @unionsquaredonuts as we prep for our 71 Marion Street Open Houses this weekend🙃🍩 Open Houses: Friday(tomorrow) 4:30-6pm Saturday 11am-12:30pm Sunday 11am-12:30pm Monday 10:30am-12pm . . . . . #realestateteam #realestateagents #realestatehustle #condo #somervillema #donuts #foodie #bostonfoodie #massachusettsrealestate #bostonrealestate #yellowhouse #lincolnparksomerville #unionsquare #newlisting #newbostonlisting #openhouse

movinggreaterboston We worked fast to get our client in and put together an airtight offer the seller couldn’t refuse. Sometimes you have to shoot your shot before the open house. Thanks to @kimberleemeserve and her team for working with us. This baby is UAG!💫 . . . . #realestateteam #realestateagents #realestatehustle #medford #bostonrealestate #underagreement #singlefamilyhome

movinggreaterboston New Listing! 71 Marion Street #1 🏡💛 Can you guess the price of this 3 🛏 1.5 🛁 condo in Somerville? Open House Friday 4:30-6pm + Sunday 11am-12:30pm Check out all the details on our website: movinggreaterboston.com . . . . #realestateteam #realestateagents #realestatehustle #unionsquare #condo #hardwoodfloors #newlisting #bostonrealestate #threebedroom #somervillema #somervillerealestate #massachusettsrealestate #yellowhouse #backporch

movinggreaterboston 🏡One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, Chief Economist of the National Association of Realtors (NAR), is now forecasting that more homes will sell this year than last year. He’s also predicting home sales to increase by 8-12% next year. There’s strong evidence that he will be right.

ShowingTime, a leading showing software and market stat service provider for the residential real estate industry, just reported on their latest the ShowingTime Showing Index, “Home buyer traffic jumped again in July, recording a 60.7 percent year-over-year increase in nationwide showing activity.”

That means there are 60% more buyers setting appointments to see homes than there were at this same time last year. The number of potential purchasers was also up dramatically in every region of the country:
>>The Northeast was up 76.6%
>>The West was up 56.7%
>>The Midwest was up 52.1%
>>The South was up 46.7%

ShowingTime also indicates the real estate market has already come back from the downturn earlier this year that was caused by shelter-in-place orders.

We’re way ahead of where we were at this time last year. This data validates the thoughts of Frank Martell, President and CEO of CoreLogic, who recently noted, “On an aggregated level, the housing economy remains rock solid despite the shock and awe of the pandemic.”

If you’re thinking about selling your house, DM us to learn more about why this may be a great time to get the best price and the most favorable terms. #realestateteam #moveuphome #dreamhome #realestate #homeownership #realestategoals #realestatetips #realestatelife #realestatenews #realestateagent #realestateexpert #realestateadvice #realestateblog #realestatemarket #realestateexperts #instarealestate #realestatetipsoftheday #realestatetipsandadvice #justsold #keepingcurrentmatters #movinggreaterboston

movinggreaterboston Have you ever noticed the artwork around Assembly Row? It’s essentially built into the environment— from a solar panel flower to sculptures to design elements on + around building facades. 🌻🌷 . . . . #realestateteam #realestateagents #realestatehustle #assemblyrow #somervillema #artwork #luxurycondos #luxuryrealestate #solarpower

movinggreaterboston Our 3 Open Houses today: Photo 1: 4 Myrtle Street, Billerica— single family home for $529,000— 10:30am-12:30pm . Photos 2+3: 18 Kittredge Street, Roslindale— duplex condo for $670,000— 11am-12:30pm . Photos 4+5: 375 Canal Street #815 — luxury condo for $865,000— 2-3pm . . . . #realestateteam #realestateagents #realestatehustle #bostonrealestate #bostonopenhouse #somervillema #assemblyrow #roslindale #billericama #condo #luxurycondo #singlefamilyhome