Where Are the Home Prices Heading in The Next 5 Years?

August 29, 2017 by Larry Lawfer

This isn't Zillow, this is science. The best minds take a survey and their active and engaged professional minds from all sectors of our country deliver an index. This index is both a look back at what has happened and it suggests the ways the trends are moving. In any statistical analysis there is room for interpretation. Today, it makes sense to look to actual expert economists, real estate experts (people who are top producers), investment and marketing strategists to understand their thoughts to help you make your own mind up about your individual situation. All real estate is local and each neighborhood will have it's own statistics. Look to a professional to assist you to understand what is going on in your neighborhood. Call us at 617-774-8292 to get some accurate information, you don't ever have to be our client to get a better handle on your own situation.

Where Are the Home Prices Heading in The Next 5 Years? | Simplifying The Market

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts, and investment & market strategists about where they believe prices are headed over the next five years. They then average the projections of all 100+ experts into a single number.

The results of their latest survey:

Home values will appreciate by 5.0% over the course of 2017, 4.0% in 2018, 3.2% in 2019, 3.0% in 2020, and 3.0% in 2021. That means the average annual appreciation will be 3.64% over the next 5 years.

The prediction for cumulative appreciation increased from 17.8% to 18.4% by 2021. The experts making up the most bearish quartile of the survey are projecting a cumulative appreciation of 6.7%.

Bottom Line

Individual opinions make headlines. We believe this survey is a fairer depiction of future values. Understanding your own neighborhood is best handled by a professional in your area. You never have to be a client of ours to get straight answers to any of your real estate questions. YourStories Realty, It's all about you.

Westwood, MA 02090 lifestyle and neighborhoods provide ample choice

August 28, 2017 by Larry Lawfer

Westwood, MA 02090 lifestyle and neighborhoods provide ample choice this fall. There are 38 Active listings on MLSPIN at this writing that range in price from $559,000 up to $4,449,000. Single Family Listings: 38 Avg. Liv.Area SqFt: 4,773.16 Avg. List$: $1,594,053 Avg. List$/SqFt: $339 Avg. DOM: 111.13 is what the MLS has just given me as statistics.

If one looks at statistics as averages, the average size of the homes in Westwood is over 4,000 square feet. Not likely, is my thought. Statistics are altered each and every day with the activity of that day. If something new comes on, or something gets sold and goes off all the other statistics are skewed by that. This is one of the reasons why a Zillow is untrustworthy in it’s analysis.

34 Briarwood Dr, Westwood, MA 02090 is a family type of neighborhood. Kids grow up playing in the street or in each others yards and pools, because they can in this safe, and centrally located neighborhood, blending newer construction into an already beautiful, and upcoming neighborhood. I say upcoming because behind this property sits newer $1.6M dollar homes, built by one of Westwood’s finest builders. This wonderful family neighborhood is moving towards it’s turn over. Neighborhoods turn over after a young family moves in, the children attend and graduate from Westwood’s highly rated educational system (this home is located only five minutes from any of the attended schools). The Sellers at 34 Briarwood Dr as such people.

They moved to Westwood for the schools and this particular house. It sits back off the road and is surrounded by old growth professional landscaping. The house is quiet and cool because of the way it sits on the land and off the quiet street. Privacy, seclusion and convenience back into the city are what this property offers. There is also an in ground gunite pool that will make your back yard the destination for you, your friends, your kids and their friends for years to come. It is clear, Westwood, MA 02090 lifestyle and neighborhoods provide ample choice

Westwood MA home for sale best deal in luxury

August 22, 2017 by Larry Lawfer

Westwood MA home for sale best deal in luxury, Westwood MA real estate has much to offer but only a few homes are great deals in their category. In the first few seconds of finally finding this wonderful and secluded house you feel at home. 34 Briarwood De, Westwoo, MA 02090 is located in a neighborhood where children make life long friends. The house sits far enough off the road that your neighbors will never know what you are grilling in the back yard. Living in a wonderful neighborhood far enough away from your neighbors and secluded by your professionally landscaped yard filled with old growth trees gives you the sense of living much further away from the highways and city. But there you are 34 Briarwood Dr, Westwood, MA 02090

Westwood MA home for sale best deal in luxury, Westwood MA real estate has much to offer but only one home is the best deal in homes that are differing. IN this category and price range you have gut rehab of near tear downs and homes that have been lovingly maintained and upgraded by the owners. When you care enough to pay extra for wood work, doors, moldings and windows you know you are buying not just some quick flip, but a home with quiet beauty and a sense of solitude. This property is almost the largest in the neighborhood and the house sits behind stately trees almost invisible from the street. Privacy, seclusion and quest so close to the highways back into the city and beyond.

Westwood high schools are very highly rated in MA. The girls lacrosse team is a perennial contender for the state championship. This property sends it’s children to Martha Jones Elementary, Thuston Middle School and Westwood High School. Xaverian Brothers High School, a prvate Catholic Boys school is also located in Westwood. Westwood MA home for sale best deal in luxury