• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Scott Gregory Group

Eastern MA & Southern NH Real Estate Agents

Header Right

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter

(978) 664-2828  

  • Home Search
  • My Home’s Value
  • Mortgage Calculator
  • Blog
    • MA Blog
    • NH Blog
  • Our Team
  • Testimonials
  • Contact
  • My Account
    • Signup
    • Login
    • Email Update Signup
  • Home Search
  • My Home’s Value
  • Mortgage Calculator
  • Blog
    • MA Blog
    • NH Blog
  • Our Team
  • Testimonials
  • Contact
  • My Account
    • Signup
    • Login
    • Email Update Signup

Reasons To Purchase Arlington MA Homes In 2012

It is a bit challenging to consider purchasing a home due to the negative press about the real estate market. When you look at the facts, it is actually a great time to purchase a property. The following are reasons to purchase Arlington MA homes in 2012.

Reasons To Purchase Arlington MA Homes In 2012

Reduced Interest Rates

Mortgage rates are at an historic lows. Most buyers secured fixed rates under four percent during the first half of the year. Interest rates have a big effect on monthly loan payments. By acquiring a low rate, home owners spend less on a property or afford to buy a more expensive home. Rates may not remain low for the long term, so buyers may want to act quickly to to fix in a low rate for the full term of their home loan.

Real Estate Prices

The decreased real estate market means that home prices are lower than they were at the peak of the market. Similar to stocks, it is prudent to purchase at a low price than a high one. Real estate historically increases in price over time. By buying low, there is also more potential for increased equity.

The Potential to Upgrade to a Bigger Home

When home values fall, it is actually the best time to purchase a more expensive house. Buyers may lose money on the sale of an existing property, but the savings on the more expensive home can be more than that loss. Many buyers are finding that the reduced prices provide a rare opportunity to purchase a dream home.

Renting Comparison

Rental rates are high while housing prices have dropped, leading to less of a gap between renting and buying. Home ownership has the additional advantage of tax deductions for mortgage interest, municipal taxes, etc. When you include the ability to build equity over time, home buying offers both savings and long term growth potential.

Home Purchase Assistance for the Arlington MA Area

There are many reasons to purchase Arlington MA homes in 2012. If you want to benefit from decreased prices, low interest rates, and the other advantages of buying a property, start by contacting a loan officer and real estate buyer broker. Contact Scott Strang at Scott Gregory Group (781-646-7600, scott@scottgg.communityhomesforsale.com) for additional details on the real estate market and help with your real estate buying needs.

Previous Post: « An Explanation Of Woburn MA Appraised And Assessed Home Values
Next Post: Woburn MA Single Family Home Sales Statistics – 2nd Quarter Number Of Properties Sold »

Primary Sidebar

Search for Homes

News & Tips

  • Massachusetts (102)
    • Andover MA (4)
    • Arlington MA (11)
    • Billerica (1)
    • Burlington MA (4)
    • Dracut (4)
    • Reading (3)
    • Recently Sold MA Properties (17)
    • Woburn MA (16)
  • New Hampshire (26)
    • Hudson (2)
    • Pelham (1)
  • Philanthropy (1)
  • Promotions (4)
  • Real Estate Info (88)
    • Home Buyer Tips (47)
    • Home Seller Tips (8)
    • Market Trends (31)

From Our Blog…

16 Clinton Road Melrose MA – SOLD – Listed by Scott Strang

This single family home at 16 Clinton Road Melrose MA is offered for sale at $375,000 by Scott Strang, Scott Gregory Group Agent. Featured of this Melrose Single Family Home ranch-style home 7 rooms 3 bedrooms 1 bath 1943 square …

Arlington MA Town Profile

The town of Arlington, MA was originally settled in 1635. The town was named after Arlington National Cemetery. It is also known as the birthplace of Uncle Sam, the site of most of the fighting when the British marched through returning from the Old …

Footer

Scott Gregory Group

348 Park St, Suite 206
North Reading MA 01864
978-664-2828 MA Office
888-883-7964 Fax
info@scottgregorygroup.com

Copyright © 2021 Scott Gregory Group · All Rights Reserved · Powered by Lanergy Solutions