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Avenue 3 Real Estate, MA Realtors | 125 Cambridge Park Drive Suite 301 | Cambridge, MA 02140 | 857.209.5037 | info@avenue3re.com
   

 

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Blog :: 09-2017

Strategies for Buying a Home in the Fall Real Estate Market

  Well the summer is over and the Greater Boston Area real estate market is officially back     from vacation. As is most often the case, the summer market is slow as everyone heads out for vacations, summer camps and general leisure concerns. It is the Labor Day weekend that snaps the housing market into gear and the many new listings available in the Greater Boston is evidence of that. So, if you are one of the many buyers who were unable to find your dream home in the Spring or are now entering the market in search of buying a home in MA, the Fall market is beginning. The question is, how to best navigate the market to find the perfect home.

  •  Widen your search as far as you are able. The Fall market is a bit more limited in numbers of homes offered for sale so it may help you to widen your search geographically in order to find what you are looking for. The Greater Boston Area is home to many wonderful communities and you may find, for instance, that combining your Arlington search with Newton works well, or your Medford search with Waltham.  
  • Be prepared to pay the price. The Fall market is brief and so it is typically all business in terms of price. A surplus of ready buyers from the Spring market, who understand that the offerings are limited, can create multiple buyer situations on homes for sale. Also, homeowners selling property know that the time frame is short – the fall market usually slows down by Thanksgiving – and they are priced to sell and ready to take offers on their homes for sale. Be prepared by researching recent sales in the communities you are searching. You can find up to date information on sold property prices at Avenue3re.com. 
  • Be the best buyer you can be. You need to be prepared to put your best foot forward at a moment’s notice. So, be sure you have your pre-approval letter in hand, your credit scores checked and cleared, your community research done and a home inspector lined up and ready for your call.   You do not know when you will find the home you want to purchase, but when you do, you have to act quickly in order to put together a winning offer. Impress the home seller with your qualifications and attention to detail to give yourself the best chance of being the buyer to purchase the home.

 

For information on current listings, sold prices, community offerings and the purchasing process in general please visit Avenue3re.com– your way to the home of your dreams.