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Hanson, MA Real Estate News

By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
Insights for Buyers and Sellers Introduction Are you thinking about buying or selling a home in Hanson, Massachusetts? If so, you're in the right place! The current real estate market is buzzing, and understanding the latest trends can make all the difference in your journey. Demand is High: What Do the Numbers Say? First up, let's chat about the Months Supply of Inventory, currently sitting at 1.52. This figure means that, at the current sales pace, it would take a little over a month and a half to sell all available homes. That’s a clear sign of high demand! If you're a buyer, be ready to jump in when you see something you like. Inventory is Shrinking: A Competitive Landscape The 12-Month Change in Months of Inventory stands at a striking -44.73%. This sharp decline means fewer homes ...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
Navigating the Current Market Trends Introduction Thinking about buying or selling a home in Halifax, Massachusetts? You're in for a treat! Let’s dive into the current real estate market and break things down, so you know what to expect. With some fluctuations happening, understanding these key metrics can help you make informed decisions. What’s the Inventory Like? First, let’s consider the Months Supply of Inventory. Right now, it’s at 1.75. This tells us how quickly homes would sell at the current sales rate. A figure under two months suggests a seller's market, meaning demand is high and supply is low. Buyers should move quickly when they find a home they like! Change is in the Air: Inventory Trends Now, let’s take a closer look at the 12-Month Change in Months of Inventory, which h...
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By Jim Mushinsky
(Centsable Inspection)
A Hanson MA home buyer should receive a brochure, Home Inspectors Facts for Consumers Sheet, at the time of the signing of the first written contract to purchase.A standard home inspection in Massachusetts is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Hanson MA Home Inspecto...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
Mortgage Rate Forecast for August 30, 2010 - Improving, or...? Here are some of the events affecting mortgage rates today: What Mortgage Backed Securities (MBS) Are Doing Today: The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.72 this morning - the same as Friday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.78 - up 2/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be about the same in price this morning as compared to late Friday afternoon. Price Trend in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.0% coupon over the past 30 days from 7-31-2010 to 8-30-2010: Economic Reports, News, and Events A...
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By Lew Corcoran, Expert guidance. Exceptional results.
(Better Living Real Estate, LLC)
The Trend in Home Sales in Hanson MA - Improving, or...? Home prices in Hanson on average are falling! Home prices have fallen 5.0% since July of 2009. The current average listing price of homes for sale in Hanson MA is $315,441, down 3.8% from a month ago. Compare this to the current median sales price of $266,041 - where half of sales are above this amount and half below it. Below is a chart of the trend of median prices of homes for sale in Hanson MA over the past 5 years through July 2010: Hanson Recently Sold Homes Although cyclical, the number of sales for all homes have been increasing over the past year: Hanson Recently Sold Homes So what does all this mean? Well, if you're looking for a home in Hanson, you can probably find a bargain. Still, lowball offers won't cut it in a mar...
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