S & R Properties
Sales Rentals & Management
What Does the Rest of the Year Hold for the Housing Market? If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what …
4 Simple Graphs Showing Why This is Not Like The Real Estate Crash 15 Years Ago. Our office helps many residents in Leicester Ma. with their real estate needs. A recent survey revealed that many consumers in Worcester County Ma. believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation …
When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Worcester County Ma continues to provide great benefits …
In Worcester County Ma. a lot has changed over the past year. Real Estate prices have soared. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people …
Diving Deep into Today’s Biggest Buyer Concerns Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying …
Home price appreciation continues to accelerate across the United States. Realtors in the Worcester, Ma. area continue to see customers bidding-up home prices on many properties. In my 30 years of real estate experience I have never seen a more active market. Property owners who are thinking of selling their homes should take advantage of the …
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To …
Real estate supply in Worcester County Ma. is at an all time low. At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding …
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance …
Buying a home is an exciting and worthwhile investment. Home ownership is a big financial commitment, and mistakes can be costly. Here are some of the most common mistakes to avoid when purchasing a home. 1) Buying a House You Can’t Afford When you take on a mortgage, it’s not always wise to borrow the …
