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Posted by Tina Bilazarian, Broker on 5/9/2019

Looking to buy a house in the near future? If your answer is "Yes," you may want to start reviewing housing market data. That way, you can gain the insights that you need to make data-driven decisions throughout the homebuying journey.

Ultimately, there are many housing market data that you'll want to assess as you prepare to buy a house, such as:

1. Mortgage Interest Rates

Mortgage interest rates fluctuate constantly. As such, if mortgage interest rates are low, you may want to move quickly to capitalize on them.

Meeting with banks and credit unions generally is a great idea if you plan to buy a house. These financial institutions can keep you up to date about mortgage interest rates and help you get pre-approved for a mortgage. Then, once you have a mortgage in hand, you'll be ready to pursue your dream house.

2. Average Amount of Time That a House Stays on the Real Estate Market

Differentiating between a buyer's market and a seller's market often can be difficult. Fortunately, if you examine the average amount of time that houses are listed in your city or town, you may be able to determine whether you're preparing to enter a buyer's or seller's market.

In a buyer's market, houses may be listed for many weeks or months before they sell. Also, these houses may be sold below their initial asking prices.

Comparatively, in a seller's market, homes may be available for only days before they sell. Homes that are available in a seller's market may be sold at or above their initial asking prices as well.

3. Prices of Houses in Various Cities and Towns

If you're open to living in a variety of cities or towns, you'll want to evaluate the prices of houses in many areas. That way, you can narrow your house search accordingly.

Oftentimes, homes in big cities are more expensive than those in small towns. On the other hand, big cities may provide quick, easy access to a broad range of attractions and landmarks that you simply won't find in small towns.

If you are ready to check out housing market data and begin a home search, it pays to hire a real estate agent too. In fact, with a real estate agent at your side, you should have no trouble enjoying a quick, seamless homebuying experience.

A real estate agent is happy to provide you with a wealth of housing market data. Plus, a real estate agent will teach you the ins and outs of buying a house. He or she also will keep you up to date about new houses as they become available and negotiate with a seller's agent on your behalf to ensure you can acquire a terrific house at a fair price.

When it comes to buying a house, it helps to be informed. If you assess the aforementioned data, you can obtain comprehensive real estate market insights to help you throughout the homebuying journey.




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Posted by Tina Bilazarian, Broker on 9/18/2018

Perfect location !! Town center, level lot, dead end street. Formal fire placed living room, dining room, hardwood floors, eat in kitchen, step down to spacious, carpeted family room with access to private rear yard and garage. Second floor features hardwood floors, (note two bedrooms are tandem), full bath. Charming quality built home! With some TLC - this will be a gem!

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Posted by Tina Bilazarian, Broker on 9/18/2018

Wheelock Estates. Sited at end of cul de sac. Well maintained 5 bedroom home - 3.5 baths. Fully applianced kitchen, center island, granite counters, dining area, sliders to trex deck. Family room, sky lights, fireplace (pellet stove). Living room, tray ceiling, hardwood floors / formal dining room, hardwood floors, wainscoting and moldings. Lower level features walk out to patio with 3 finished rooms (additional 1200 sq.ft.) plus full bath. Master bedroom, dual closets, whirlpool bath, sky light, dual vanity. Added features include: central air conditioning, central vac, security system, irrigation system, young roof, generator transfer panel, NEW carpeting throughout. Minutes to #290, #495 and Worcester Center. Ready to move in and enjoy for the upcoming holidays !!

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Posted by Tina Bilazarian, Broker on 6/25/2018

You will love this Charming Yankee Barn Post & Beam tucked into a wooded 2+ acres surrounded by beautiful English style gardens. A waterfall welcomes you and your visitors. Great room featuring vaulted ceiling, fireplace, dining area with sliders to lovely patio for relaxing or entertaining in this natural setting. Living room also with sliders to patio. Spiral staircase to central loft area overlooking the Great Room with 2 bedrooms adjacent. Oversized garages with extra storage. 2 sheds both wired with electricity - great for projects as well as storage. Upgrades include: New roof, new paint interior and exterior, recently connected to town water, new septic system, backup radiator heating system, 5 Mitsubishi heat pumps, monitored security system. Whole house generator. Property abuts Tower Hill Botanic Gardens. You will love this cozy and peaceful setting. (Separate 11,761 sq.ft.lot across French Drive included).

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Posted by Tina Bilazarian, Broker on 6/16/2018

Bay Path Drive, desirable neighborhood! Warm and pleasant reproduction colonial with charming rustic features including: 4 fireplaces, 3-1/2 baths, pine floors throughout and beams to accent. Flexible floor plan. A cozy den with a floor to ceiling brick fireplace. Exceptional great room with full bath and built-in bookcases. Second floor Master with private bath and fireplace. 3 additional bedrooms and full bath also on second level. Title V passed for 4 bedrooms. Lower level, high ceilings, sliders open to large patio area and private, level back yard. Enjoy the benefits of living in this peaceful community with area attractions such as Tower Hill Botanic Gardens, Cyprian Keys and Haven Country clubs for your golfing enjoyment, and scenic trails at Wachusett Reservoir. This home, sited on an acre-plus lot, is a hidden gem with exceptional access to major routes and Worcester Center.

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