Effective March 1, 2026 new rule aimed at cracking down on money laundering. When you purchase Real Estate with CASH, your attorney will submit a form to U.S. Department of the Treasury’s
How's the market? Woah, those interest rates....
Dated: May 17 2022
Views: 830
Everyday I get asked this question. It is amazing!
It's amazing that I get asked this question every day AND that the market is amazing?
Yes, the rates are up, and they're up to about 5% right now. I say, "take it easy, its no big deal".
When I purchased my first home back in 1988 the rates were about 18%, I was 21 years old and making about $14.00 per hour. It is all relevant.
The feds told us they were going to raise the rates, they told us about 3 times. Well, here we are. Now, what are we going to do about it?
This market can thrive, even in the imbalance we are in now.
People see me in the post office and say "be careful, a housing bubble is coming"
I say "Ok, lets talk about what exactly is a bubble? You would have to see a 20 to 30 percent drop. Folks would have to sell at a loss and I don't see this happening. They have taken advantage of the rates when they were low and most have a 30 year fixed rate mortgage. The data shows great jobs, supply and demand and still low interest rates compared to when I was a youngster" That same person says, "Ya I guess that's true"
The inventory is so low. That shows us that the market will remain strong.
Buyers are still bidding on houses and unfortunatley still losing out.
Will we see rates in the sixes? Who knows, there are too many variables to answer that one. Buy now! Do not wait.
Sharon Lucido
Both my Dad and my Father-in-law were Real Estate Brokers. From watching them, I learned that real estate is not just about buying and selling, it's an emotional process that should be handled with ho....
Latest Blog Posts
On October 15, 2025, a new Massachusetts law will take effect requiring sellers and buyers to sign a disclosure form informing them of their rights prior to signing a contract to purchase. This
ADU: Accessory dwelling units are now permitted statewide in Massachusetts.Sometimes called tiny homes or in-law suites, ADUs are small, independent living spaces located on the same lot as a
Table of contentsBathroom RefreshUpdate Your Floor PlanKitchen Remodel on a BudgetExterior RefreshQuick FixesBonus TipCheck out the video here for easy and inexpensive tips. https://youtu.be
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
