Welcome to MaryCraneProperties.com and the
2007 Century 21 Commonwealth Needham & Dover TOP SELLING AGENT!
Please feel free to call me at your convenience to talk about the current real estate market, your real estate needs, or to address any real estate questions or concerns you may have. I can help you attain your real estate goals whatever they may be! I am active in the Boston and surrounding metro west real estate market including Brookline, Newton, Needham, Dover, Wellesley and Weston. As a lifelong equestrian, I can help you with that horse property wherever it might be too!
History clearly demonstrates that home ownership is one of the best, if not the best, means of accumulating wealth in this country. In fact, a recent study by the Federal Reserve found that the average household wealth of U.S homeowners is $184,000 vs. just $4,000 for those who rent. Furthermore, despite a recent drop in home prices locally, the median price for a single-family in greater Boston remain 20 percent higher than it was five years ago and has risen 110 percent over the past 10 years.
While many in the media are prone to focus on the gloom-and doom, for those who care to do their homework, the reality is this. Mortgage rates are near historic lows, housing prices have fallen from their peak in 2005, and loan limits for both FHA mortgages and Fannie Mae and Freddie Mac conforming loans have just been increased substantially for metropolitan Boston, which will provide more attractive financing terms for prospective home buyers. Along with improved housing affordability, many sellers have made improvements to their homes to make them more attractive in today’s market, and the multiple-offer bidding wars so common during the middle of this decade when inventory levels were tight are now far less frequent, making this an ideal time to be house-hunting.
Remember, first and foremost, housing is shelter, but it’s also a sound long-term investment. Veteran real estate professionals who’ve experienced multiple housing cycles understand this and know prices will soon be headed back up. It’s our job to communicate this to consumers whether the media does so or not.
Sign Up today to receive daily emails with new and updated listings from the towns and price range that you choose. For faster results, you can also access the MLS Property Messenger which will send you New listings, Price Changes and Back-on-the-markets directly to your desktop the minute they become available. Interested in selling your home? Fill out the Free Market Analysis and find out what your home is worth. I offer my clients a free home staging report and comprehensive marketing plan. If you are at the beginning stages of selling or buying a new home, check out my helpful buying and selling tips. Don't know what you can afford? Then see today's rates and calculate your monthly payments with my mortgage calculator or ask me for a referral.
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