Buying Property Now

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There has never been a better opportunity for property buying in Massachusetts. Desirable towns such as Middleton, MA currently offer record high inventory, dropping prices and unbeatable interest rates. Whether it be new construction, land, an investment property, or a resale home or condo, now is the time to buy property.

High Inventory and Realistic Prices: Property buying conditions are superb in the current state of the economy and with foreclosures on the rise. The combination of high inventory and more realistically priced property has amounted to some of the best property values that the real estate market, especially in the North Shore area of Boston, has seen. Buyers able to take advantage of the surplus of property on the market are benefiting from enhanced negotiating power which is enabling them to buy a home that fits their budget, lifestyle and vision. With a wide range of property on the market, there is certainly something to fulfill your desires.

• Why buy new construction in MA: Palmer Russell Company Realtors has long been involved with some of the top new construction homes in Middleton, Topsfield, Hamilton, Rowley and Ipswich, Massachusetts. Visit our New Construction page for more info about buying new construction in MA.
• When to consider purchasing land in MA: The purchase of land is the beginning of your dream home. Palmer Russell Company Realtors can help help find you the perfect building lot or acreage for your custom home or farm. Visit our Land page for more info on buying land in MA.
• Becoming a first-time home buyer in MA: Now is a great time to be a first-time homebuyer. Interest rates are low and inventory is at an all time high. Visit our first time homebuyer page for tips on the homebuying process. Visit our First Time Home Buyer page for more info on purchasing your first home.
• Purchasing luxury real estate in MA: There is a plethora of luxury options in towns like Marblehead, Ipswich, Middleton, Newton, etc. Visit our Luxury Real Estate page for tips on buying luxury real estate in MA.

Interest Rates and Mortgage Money: Money is readily available to qualified buyers. Interest rates are as low as they have ever been, with thirty-year fixed mortgages available to credit-worthy borrowers for less than five percent.

Location! "Location is everything" holds a lot of truth. By buying property in Massachusetts, in towns such as Middleton, Danvers, Topsfield and Newton, you can rest assured in the long term value of your home. These towns are prosperous, easily commutable to Boston, near Massachusetts' seashore and are in close proximity for quick getaways to Cape Cod or New Hampshire's White Mountains. Make a dependable investment!

Home Ownership Benefits

Financial: The benefits of property buying are numerous. The average homeowner's net worth is $234,200, compared with $5,100 for renters. According to the National Association of Realtors' Home Buying website, in 10 years, a $10,000 investment in the stock market at a normal 10 percent market rate of return would yield $23,600. The same investment as a down payment on a $200,000 home at a normal appreciation rate of 5 percent would return nearly 5 times the stock market return, at $110,300. Upon refinancing their mortgage, homeowners can borrow against the value of their home with a home equity loan. The annual interest charges on a home equity loan or credit line may be fully deductible when itemized on their tax return.

Social: Property buying is an investment in your future. Home ownership brings substantial social benefits to families, communities and the country. Owning a home requires commitment; is rewarding; provides privacy, shelter, and security; and gives you the freedom to maintain, decorate, and live as you wish. Instead of paying someone's mortgage, invest in yourself.

Your home buying possibilities are endless. Let Palmer Russell Company help you explore your real estate options in Massachusetts. Specializing in new construction, land location, existing home resale, luxury real estate and first-time home buyers, we can assist you in all aspects of the buying process.

Buying New Construction in MA | Buying Land in MA | Buying Your First Home in MA | Buying Luxury Real Estate in MA