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Top Upcoming Housing Market Trends in Brookline

by Eric Glassoff

Finding your dream home in Brookline is a daunting task. The real estate market in this area is highly competitive, which makes it extremely difficult to find homes available for renting. A report published by Realtor.com revealed that the Massachusetts housing market consisted of rising prices and shrinking inventory in 2018. According to them, the trend is expected to continue in 2019 with sellers having an edge over buyers.

The Federal Reserve recently announced that they will be raising the federal funds rates again in 2019. This hike will eventually result in an uptick in mortgage rates, making it more difficult for potential buyers to find their dream place. Additionally, the Federal National Mortgage Association (FNMA), commonly known as Fannie Mae, also predicted that mortgage rates will increase by 5% till the end of 2019.

Since real estate demands outweigh the available inventory, people interested in investing in real estate should consider hiring reliable real estate agents in Brookline MA. This will help you to find a budget-friendly property that satisfies all your requirements. Such professionals have ample experience in negotiating and locating good properties. An experienced agent can help you find a lovely apartment or condo without burning a hole in your pocket.

Eric Glassoff specializes is a certified Coldwell Banker and an able realtor, who specializes in negotiating real estate deals. He keeps his clients up-to-date by providing them updated lists of available apartments in Brookline on a regular basis. If you are trying to find Brookline real estate agent, you should consider visiting Boston Real Estate Experts.

4 Mortgage Types That Homebuyers In Boston Can Opt For

by Eric Glassoff

Dealing in the Boston real estate market can be a daunting task, especially for those who are not familiar with the complexities inherent. These complexities present a number of challenges to property buyers; one of them is finding the perfect loan. With so many lending companies and mortgage brokers in the Boston real estate market offering various loan programs, picking one can be very confusing. The top real estate agents in Boston, MA can help you in the process and simplify things for you. Depending on your budget and credit history, you can opt for:-

  • Fixed-Rate Loans - Fixed-rate loans offer the borrower a fixed interest rate for the life of the loan (typically 15 to 30 years). The biggest advantage of choosing this loan type is that your monthly payments do not change over time. Fixed rate loans are ideal for buyers who are expecting to stay in the home for a long time.
  • Adjustable Rate Loans - What differentiates an adjustable loan from fixed rate is that the rate of interest in this loan changes periodically. Borrowers are charged a lower interest rate initially but the payments can decrease or increase with time depending on the interest rate. Adjustable rate loans are ideal for buyers who are expecting to stay in the home for a short period of time.
  • FHA Loans - The Federal Housing Administration (FHA) offers loans for low-to-moderate-income home buyers. FHA loans have lower down payments and they are ideal for homebuyers with low credit scores. Even past bankruptcy does not necessarily disqualify borrowers from choosing this program.
  • VA Loans - Apart from the above-mentioned three most popular types of loans, there is one more loan that you can also opt for - VA. The Department of Veterans Affairs (VA) offers a zero-down mortgage program for veterans and service personnel in the U.S. military. These loans eliminate the need for buying private mortgage insurance.

To know more about your available financing options, visit http://www.bostonrealestateexperts.com/Buyer-Resources/Loan-Analysis

Newton, MA – The Quiet Suburb of Boston City

by Eric Glassoff

With a total population of only 87,018, Newton is an old town in Massachusetts, located just outside Boston city. It has been an exclusive enclave and remains one of Boston’s most desirable places to live. In fact, Money Magazine recently ranked Newton as one of the best places to live in America. If you’re someone who thrives to live in a small community in the lap of nature, surrounded by mystical winding streets that lead to spacious estates, you should consider for the best homes for sale in Newton, MA.

What Are People Like In Newton?
Most people in Newton have white-collar jobs. Newton is a city of professionals, managers, and sales and office workers. Moreover, as the same suggests, Newton is the ideal town for those who have an inclination towards science. The town is filled with scientists of all kinds, astronomers, geographers, and even theoretical physicists.
 
Newton is also home to a large population of single people in their 20s and 30s who have undergraduate and graduate degrees and are looking for career opportunities in professional occupations. All these factors make Newton an ideal location for families to raise their children in. Because most of the population is composed of college-educated, motivated youngsters, this place is perfect for those who support education.

Real Estate Market Trends of 2019
The median list price in Newton is $1,522,000. It went up by 1% from February to March. Newton's home resale inventories is 98, which saw an increase of 6% since February 2019. The median list price per square foot in Newton is $449. In February 2019, it was $457.

The Lifestyle
With four distinct high-end shopping centers, the neighborhood is well-known as a destination for the best in brand-name fashion, home decor, jewelry, and more. The most popular fine dining restaurants provide white-glove service. These include three acclaimed steakhouses and the classy French bistro named Aquitaine. Not just that, there is a bevy of spas and salons that keeps locals pampered and poised.

If you’re looking for homes for sale here, get in touch with Eric Glassoff, the best real estate agent in Newton, MA. Eric offers unparalleled service to clients in the Boston, Massachusetts real estate market. Your complete satisfaction with our service and representation is our number one priority.

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Contact Information

Photo of Eric Glassoff Realtor®, MBA ABR, ASP, SRES, e-PRO, Real Estate
Eric Glassoff Realtor®, MBA ABR, ASP, SRES, e-PRO,
Coldwell Banker
1375 Beacon Street
Brookline MA 02446
Direct: (617) 233-6210
Office: (617) 731-2447
Fax: Fax: (617) 431-5010

Testimonials

I was a first time home buyer looking a place in Brookline, and Newton area for a quite well, and tiredly had worked with several agents in 2008-2009.  I decided to find a place myself, and it happened that I found that sales agent Eric Glassoff had lots of the hot units in Brookline for sale.  So why not work with him as buyer agent then?After I started to work with him, I was so impressed with his professional knowledge, ability to educate clients, working efficiency, honesty, loyalty, and the capability to make a deal happen in the best interest of his client.  After I looked at 2-3 properties, I happily bought a dream home at Newton.  I strongly recommend Eric to any home buyers, as his excellence in business as well as his loyalty to his clients will bring you satisfaction in purchasing your dream home.  "Susan Zhang"... Read More