Boston Real Estate Innovation (Exclusive)

Boston Real Estate Innovation (Exclusive)
As the unstable real estate market conditions continue to persist in the Greater Boston area, buyers have become hesitant to purchase real estate. Interest rates continue to fall and as the Spring Market looms in the horizon, it appears that lower interest rates and decreased property values will put home buyers in a position to truly take advantage of an unprecedented buyers market. With prices as low as they have been since 2002 in some areas, home buyers and real estate investors are truly in the drivers seat when it comes to negotiating and finding the deal of a life time. As a result it is time for the bargain hunters to take advantage of these favorable market conditions.
In addition to the low interest rates and low home values, relatively speaking, buyers can also take advantage of a new and innovative way to purchase real estate and save thousands of dollars in the process. This innovative service is exclusively offered to Greater Boston Buyers through Sharpbuyeres.com. It is called The SharpBuyers.com Real Estate Rebate. This innovative method of purchasing real estate provides home buyers and real estate investors with Full Service Representation and 50% of our commission in the process. This type of service is unheard of and provides buyers with tools such as, Comparative Market Analysis Reports, Market trend reports, 100% accompanied showings and a 50% real estate rebate in the process. All of the tools we provide will help to educate our buyers and provide them with the most up to date information when it comes to purchasing real estate. Although Sharpbuyers.com offers its service nationally, the Full Service and a 50% Rebate is exclusively offered to Boston area Buyers and investors.
Our goal is to help stimulate the Boston Real Estate Market in 2008, and to help consumers make the most educated real estate decisions while saving a significant amount of money in the process. The savings will come through hard nose negotiations and a 50% rebate at closing. This innovative concept will help consumers save money in a changing economy and leverage the risks associated with purchasing real estate.

SharpBuyers.com aims to be on the cutting edge of real estate innovation and help save consumers a ton of money in the process. We are the next generation of real estate service.

Boston Real Estate Report By SharpBuyers.com

Boston Real Estate Report By SharpBuyers.com

As we enter into the slowest time of the year for real estate sales it is important to keep a closer eye on the market. This is why SharpBuyers.com is providing this vital report that gives consumers an in-depth look at the real estate market. There are several different ways this information can be utilized. For buyers, declining home prices may be an indication to wait until the market bottoms out before purchasing. The flip side of that philosophy is that the only way to know when the market has hit rock bottom is when it starts to come back up. Hence, you run the risk of missing out on great deals by trying to perfectly time the market. My advice, buy today with the intent to hold. Many investors forget that real estate is a long term investment due to the unprecedented property value appreciation that was the theme of the early twenty first century. Now it is time to get back to basics.
As a seller, attempting to sell in a declining market this time of year is a daunting task. Plain and simple, it can be down right demoralizing. But even in the midst of these tough circumstances, there are options. The first and most obvious option, don’t sell. If you can afford to make your mortgage payments it is probably best to hold until the Spring. The longer a property is listed on MLS the less the “perceived” value. I use the word perceived because nothing about your home changes to decrease the value but when a home lingers on the market buyers see it as additional leverage for negotiating a better price. In the winter there are less buyers looking to purchase real estate and as a result homes tend to sit longer on the market. So hold through the winter and list in the spring. This strategy will typically get you the optimal sales price for your home. It all goes back to supply and demand. Although the amount of homes on the market greatly increases, so does the amount of buyers, thus increased sales volume drives home prices up. If you absolutely must sell in a declining market and in the winter, the most effective strategy is to reduce the sales price. So how do you go about a price reduction? The first step is to talk to a real estate professional that understands the local market. Ask them to provide a CMA (Comparative Market Analysis) to determine the market value as well as a month to month market trend report. If the market is declining at a month to month rate of 2% you would want to get ahead of the trend and reduce your price by at least 3% - 4%. This enables you to price your home at a competitive price and attract more of the buyers that are currently in the market for real estate.

Boston Home Single Family Home Sales Data:
Single Home Sales:
December 07: Single Family Median Home Values: $332,500 Volume: 60 Homes Sold

This represents a -4.3% Decline in value from November 07 and a -9.6% Decline from December 2006. Volume is also down -25% and -38% respectively.