What do you think about Acton? Have you heard about it? Do you live in Acton? Please comment and if you are interested to buy or sell in MA, please reach out to me, always happy to answer your questions.
As a REALTOR, I cannot talk about nationalities or crime rates in a town, so I direct my clients to different websites for that. Thanks for commenting!
I would say the price cuts we see are on over 2M houses and it feels more like a correction after the crazy years of the pandemic than a recession. That recession might never happen.
@@BostonAreaHomes I am assuming as a real estate agent you DO NOT have any biases and your NOT trying to convince people to buy houses? There is a clear recession happening when you look at the price cuts and days on market, it is telling the story of a recession. The average house is sitting longer and downtown Boston is getting decimated. I am over age 50, and I've seen a few of these downturns. Your position however is duly noted.
@@waynecmontgomery Believe me, I wonder about this every day. i watch the market closely being in the tranches and writing offers every week, I read and I follow the market. Yes, recession is a possibility if the Feds raise the rates sharply and for a long time (that will crush the economy). I don't think the Feds are going to do that, though. They want to control the inflation, not to create another Great Recession, so they will do it incrementally and for a short periods of time. Another hike is expected this year. There is pent up buyer demand and low inventory and the moment the rates go down slightly, the market gets crazy again. Raising rates from 3% to now 6.6-7% didn't make a huge difference in prices overall in the Boston area. It made buying more expensive but there are no guarantees that the prices are going down dramatically any time soon so buying a home is becoming more and more expensive. Right now certain homes get price cuts, they are either overpriced or something is wrong with them and the home doesn't appeal to buyers. Really awesome homes in great neighborhoods are still getting multiple offers and selling way over asking price. Yes, if somebody is coming to me saying they are ready to buy, I recommend they do, unless they are thinking of selling in 2-3 years.
What do you think about Acton? Have you heard about it? Do you live in Acton? Please comment and if you are interested to buy or sell in MA, please reach out to me, always happy to answer your questions.
i used to live in acton before i moved to india. I know it wasnt the purpose of the video but this video brought back countless memories
I am happy it brought back memories for you! Thanks for watching
I really like your town videos, can you give more information about the diversity in the towns?
As a REALTOR, I cannot talk about nationalities or crime rates in a town, so I direct my clients to different websites for that. Thanks for commenting!
Could you talk about Danvers?
Absolutely! I am slowly getting there
What are your thoughts on Westborough?
On my list of videos to make @lewis7394
Acton:
So many are paid...
So little is done...
People are not that friendly. All stuck in their own world. To be honest. You will get sparks of kindness but it is few and far between.
LOL
@@BostonAreaHomes it's completely true
Massachusetts real estate is starting to go into a deep recession. The price cuts in Boston are becoming huge. Gentrification is over !!!
I would say the price cuts we see are on over 2M houses and it feels more like a correction after the crazy years of the pandemic than a recession. That recession might never happen.
@@BostonAreaHomes I am assuming as a real estate agent you DO NOT have any biases and your NOT trying to convince people to buy houses? There is a clear recession happening when you look at the price cuts and days on market, it is telling the story of a recession. The average house is sitting longer and downtown Boston is getting decimated. I am over age 50, and I've seen a few of these downturns. Your position however is duly noted.
@@waynecmontgomery Believe me, I wonder about this every day. i watch the market closely being in the tranches and writing offers every week, I read and I follow the market. Yes, recession is a possibility if the Feds raise the rates sharply and for a long time (that will crush the economy). I don't think the Feds are going to do that, though. They want to control the inflation, not to create another Great Recession, so they will do it incrementally and for a short periods of time. Another hike is expected this year. There is pent up buyer demand and low inventory and the moment the rates go down slightly, the market gets crazy again. Raising rates from 3% to now 6.6-7% didn't make a huge difference in prices overall in the Boston area. It made buying more expensive but there are no guarantees that the prices are going down dramatically any time soon so buying a home is becoming more and more expensive. Right now certain homes get price cuts, they are either overpriced or something is wrong with them and the home doesn't appeal to buyers. Really awesome homes in great neighborhoods are still getting multiple offers and selling way over asking price. Yes, if somebody is coming to me saying they are ready to buy, I recommend they do, unless they are thinking of selling in 2-3 years.
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