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Market Conditions in Middleboro : Real Estate Advice

  • All56
  • Local Info3
  • Home Buying12
  • Home Selling1
  • Market Conditions4

Activity 4
Sat Oct 5, 2013
Ray Vernon answered:
Len, there are currently 4 good properties in Oak Point that meet your price point & if you email me your email address then I can send them to you to review & will be happy to show them to you ! Reach me at: raysells4u@yahoo.com or call/text me at 508-889-6765. ... more
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Sat Oct 5, 2013
Rene' Fairbrother answered:
Always work with a local Realtor and be very honest about what you are looking for. Someone who knows the area will be able to guide you to the locations that fit your description and that are within your budget and other criteria. House hunting can be rewarding and a lot of fun for an out of town Buyer with the right real estate professional. ... more
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Sat Feb 23, 2013
Louis Wolfson answered:
Market values are imposible to predict. That said no matter when you buy or sell your buying power is the same. Meaning in a down market you sell and have to buy you buy another home thats values are depressed, in a strong market you sell and when you buy you are paying more.

The problem now is real estate is over valued in general by 50%

Why you ask, well most of the country is on fixed incomes. We have unrealistic interest rates. for a healty economy is should be 6-7% you do the math present interest rates 3% go to 6% your buying power just got cut in half.

Stay in a home if you like the home, like the community, like the schools, work nearby and feel that it will keep par with the market.
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Wed Feb 13, 2013
Barbara Brant answered:
Hi Amy

I have not seen this home but it is in a lovely area of Middleboro and the pictures look very nice. The information does state it needs some TLC so keep that in mind.

I also noticed that this listing is a short sale which means the seller owes more than the market value and cannot financially pay for the house. With this type of listing the seller presents an offer to the bank less than the mortgage balance and asks the bank to accept that amount.

I do alot of work with short sales and have seen some good deals as short sales typically sell for less than market value. I always tell my customers that a short sale is not for everyone because it can take a long time for the bank to make their decision on whether to accept the offer. If you have a specific time line or are selling a house and need to go right into this one it probably would not work for you.

I would be happy to speak with you, as a buyer's agent I can represent your best interest and not the sellers.

I am the REMAX Representative for Middleboro, live in the town and know the community extremely well.

Feel free to call me at 774-766-8439 or email me at barbarabrant@remax.net and I will be happy to discuss this property and any others with you and schedule showings.

Take Care
Barbara
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Market Conditions in Middleboro Zip Codes

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