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MA 2012 Fall Home Market Outlook

The real estate market is highly dependent on supply and demand. It continually changes from year to year and even from season to season. If you are thinking about purchasing or selling real estate, the following is information on the MA 2012 fall home market outlook.

What to Expect this Fall

Fall traditionally remains a busy time of year. Home buyers look to complete their home purchase before the winter, the busy holidays, and year end (to take advantage of tax benefits). Mortgage rates are also at historic lows, allowing more buyers to afford home ownership. This season, certain markets are faced with an inventory shortage. This could be due to fewer foreclosures, sellers holding on to their properties waiting for values to increase, or sellers falsely believing that real estate is not moving. Whatever the reason, it is causing less inventory during a time of high demand. The result is an influx of activity for any new listings, multiple offers on properly priced listings, and listings quickly going under agreement.

Beyond the MA 2012 Fall Home Market Outlook

If you are contemplating listing, it is a great time to do so. With a listing agent who understands the area, your residence can be marketed to sell within a reasonable time frame and for maximum market value. If you are trying to buy, get pre-approved and be prepared to act quickly. Listings in good condition and properly priced will not remain on the market long. This MA 2012 fall home market outlook article is only an overview. For detailed MA market statistics or help with listing or buying, call Christopher Graves at Emery Federal Credit Union at 781-759-1200 x22.

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About Chris Graves

I grew up in Massachusetts, spent the majority of my young adult life in Boston, and own a home in Windham NH. I have owned properties in MA and NH. I specialize in mortgage lending in Massachusetts and New Hampshire and my company does have the ability to lend in other states. I graduated from the University of Massachusetts in Amherst Massachusetts in 2002. I have a Bachelor’s in Science. In addition to managing a team of loan officers my personal loan production is always in the top of the entire of company. I have personally been in the mortgage business for over 13 years. I pride myself with taking my clients from application to close in the smoothest and quickest way possible, while keeping them well informed during the entire process. I originate my own loans from start to finish and work hand in hand with my loan processors & underwriters to make sure I am updated to the minute with all of my files. I stay up to date with lending guidelines and speak with underwriters on a daily basis to ensure I am aware of all of the lending guidelines in place.

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