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Newton Real Estate Blog

Happy New Year

Wednesday January 7th, 12:43pm

Happy New Year - 2010!

These are interesting times that many of us have never experienced.  The good news is that the interest rates have fallen below 5 percent for conforming loans.  I am refinancing my Wellesley home at 4.875% and saving almost $600/mo.  If I then apply that savings ($600) to my mortgage I will pay my loan off in just over 19 years versus the 30-year note.

That is fantastic news!

I am actively working with many buyers and sellers who are taking advantage of this market.

  • 1st time home buyers are getting wonderfule homes are very low interest rates
  • Move-up buyers are trading up and finally getting the home that was previously out of reach AND at a very good interest rate
  • Sellers -  Inventory of homes for sale is low. People are holding off waiting to sell. It's a great time to sell as there is not a lot of competitive homes available. (BUT, you must price your home right on the money!)

I enjoy selling Real Estate and would be delighted to help you in these interesting times.

Why not give my team a call at 781-694-3506 and see the difference of working with a full-service team - Christine Norcross & Partners backed by a fantastic company - William Raveis Real Estate.

Happy New Year.  Chris

Christine Norcross - Realtor, GRI, ABR, ePRO, MBA

Contact Christine:

 


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