Why Waiting for Mortgage Rates to Drop Could Cost You More Than You Think It’s tempting to think, “I’ll just wait until mortgage rates go down before I buy a home.” On the surface, it seems logical — who wouldn’t want a lower monthly payment? But when you dig deeper, waiting for that perfect rate c

What Is Going to Happen with the Housing Market in 2026? (North Shore, Massachusetts) If you’ve been watching the North Shore market—Beverly, Salem, Danvers, Peabody, Marblehead, Gloucester, and friends—you’ve seen a stubborn mix of low inventory, sticky prices, and buyers waiting for rates to break

Why More Buyers Are Turning to New Construction This Year In 2025, a noticeable shift has emerged in the the homebuying landscape: a growing share of buyers are opting for new construction over resale homes. Whether you’re a first-time buyer, a move-up buyer, or someone downsizing, there are compell

Why October 2025 Is a Smart Time to Buy a Home in Massachusetts If you’re considering buying a home in Massachusetts in 2025, October might be your best window. The fall season brings a confluence of market trends, seasonal behavior, and regional dynamics that favor buyers—especially this year. Belo

  Coffee & Real Estate: A Perfect Blend ☕🏡 Today is International Coffee Day, and as someone who lives on equal parts coffee and real estate, I couldn’t help but notice how much these two worlds overlap. That First Sip, That First Impression Just like that first sip of morning coffee can set the to

Here are five Beverly, MA neighborhoods that typically deliver strong value around $700,000, weighing schools, commute, safety, and long-term upside. I’ll give you the “why,” the best buyer fits, and any watch-outs—plus sources so you can sanity-check the claims. 1) Ryal Side Why it’s a good value:

1. Local Real Estate Climate: Still a Strong Seller’s Market On the North Shore, the real estate market remains highly favorable for sellers. In May 2025, single-family home inventory was down significantly, with median sale prices rising nearly 6% year-over-year. Pending sales also climbed about 1

Essex County Real Estate: A Look at the Mid-2025 Market The real estate market in Essex County and North Shore, Massachusetts, continues to be dynamic, with a blend of strong seller-favorable conditions and a gradual shift toward a more balanced environment. Data from mid-2025 highlights key trends

Navigating the Shifting Sands: Selling Your Home with a Contingency in a Softening Seller's Market For many homeowners looking to make a move, the ideal scenario is a seamless transition from one property to the next. In a robust seller's market like the one we have been in (and still are, to some e

Real Estate Market Update! Did you know that a significant majority – 72.1% – of U.S. mortgage borrowers are currently enjoying interest rates below 5.0%? That's according to the latest FHFA data from Q4 2024! Looking at the breakdown, a large portion has rates in the 3.00-3.99% (33.2%) and  

When buying or selling a home, one of the first things you're likely to do is check its value on popular real estate websites like Zillow, Redfin, or Realtor Property Resource (RPR). These platforms offer Automated Valuation Models (AVMs), providing an estimate of a property's worth. But how accur

Thinking of buying a home in sunny Florida? You might be in luck! Coastal Florida is currently seeing the biggest discounts off asking prices in the entire country. Cities like West Palm Beach, Fort Lauderdale, and Miami are leading the charge, with homes typically selling for around 5% below the

The rise of interest rates to 7% has caused home sales to slow down. Though sales for the last quarter of 2024 were up from 2023, what we are seeing in 2025 is a drop in the number of homes that have gone under contract. Admittedly, we are only 21 days into the year, but there are other signs, also.

Selling Your Massachusetts Home in 2025: A Seller's Perspective The Massachusetts housing market continues to be a dynamic landscape, and 2025 promises to bring its own set of unique challenges and opportunities for sellers. Here's a glimpse into what you can expect: Market Trends: Steady Price G

When contemplating the best time to sell your Massachusetts home, many homeowners gravitate towards the bustling spring market. However, listing your home in the winter can also be a strategic move with unique advantages. While the idea of selling a home during colder months might seem counterintuit

Here is a link to our latest copy of Real Estate Insights, the Armstrong Field Real Estate Newsletter. It contains some interesting facts about real estate, plus a new column called Jim's Journeys, about traveling to different places. What's that got to do with real estate? Absolutely nothing, but

Essex County Real Estate Insights - September 2023 Your Source for the Latest Real Estate Trends and Market Data In This Month's Issue: Market Overview Median Home Prices Hot Neighborhood Spotlight Featured Real Estate Agent Upcoming Events Real Estate Tip of the Month 1. Market Overvi