You found the Upside/Downside Real Estate Report for July 2024! I’m Steph Saunders with Key Team at Compass, here to provide you with an insightful overview of the current real estate market, focusing on the unique challenges and opportunities for both buyers and sellers in the Greater Boston Area.

Upside for Buyers: The Perfect Time to Buy

Summer is in full swing, and it’s the best time to be a buyer. With many people away on vacation, enjoying water parks and sunshine, the market is less competitive. This seasonal lull offers a fantastic opportunity to find your dream home without the usual multiple offer situations. Plus, interest rates are down a little bit, making now an excellent time to secure favorable mortgage terms.

Pro Tip: Don’t wait for interest rates to drop further. Start your home search today and take advantage of the current market conditions.

Downside for Buyers: Patience and Persistence

The downside? Many sellers are also on vacation, leading to fewer available listings. Additionally, while interest rates have decreased, some buyers are holding out for even lower rates, which can create a bottleneck in the market and a flurry of activity once rates drop lower.

Solution: Join my Buyer Mastery Program®. This program is designed to equip you with the tools and knowledge you need to navigate the market effectively, find hidden off-market gems, and negotiate the best deals. Schedule a discovery call today to learn more!

Upside for Sellers: Ideal Time for Home Improvements

Sellers, the beautiful summer weather is your ally! It’s the perfect time to tackle those home improvement projects that can boost your property’s appeal in the fall market. Whether it’s enhancing curb appeal, renovating key areas, or setting up a staging consultation to make a decluttering plan of action, summer is the season to get it all done. Schedule a discovery call today to learn more!

Fun Fact: Did you know all of my sellers receive a Complimentary Staging Consultation that comes with a room-by-room punch list to get your home ready for the market? It even provides paint colors or repairs if needed! It’s a game changer!

Downside for Sellers: Creativity Matters

The downside for sellers? If you’re not working with a creative and experienced real estate agent, you might not be maximizing your property’s equity potential, ie, leaving money on the table come closing. This is where I come in.

Solution: Check out my Seller Mastery Program® at SellYourHouseWithSteph.com. This program is tailored to help you prepare your home for what today’s very picky buyers want, market your home using digital and social media to reach buyers across the globe, and sell your home for top dollar with the best terms that suit your next chapter. Let’s create a personalized plan that addresses your specific needs and goals.

Get Personalized Advice and Free Resources

For more specific information on what’s happening in your neighborhood, don’t hesitate to reach out. I’m here to help you navigate the complexities of the real estate market with confidence and success.

Next Steps:

  • Schedule a Discovery Call: Let’s discuss your real estate needs and how I can assist you. Click here to book your appointment.
  • Get a Free Home Equity Report: Curious about your home’s value? Get a comprehensive home equity report for free. Get Your Free Report

Enjoy the remainder of this beautiful summer and stay tuned for the next episode of the Upside/ Downside Real Estate Report. Together, we can turn market challenges into opportunities and ensure your real estate journey is a success. Read about my clients success HERE.