Buyer’s Market Yet? nope

Remember back in April we said “If you’re thinking of buying, wait. This too shall pass.”
Well, it’s coming true: there are subtle signs that the market is shifting towards “balance”. Not a buyer’s market. A balanced market.
By the end of this month, after all the October transfers have taken place, we’ll pull the stats and make available a detailed update and as well as our predictions for the following few months.
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We hope this helps.
Bob, Sue and Jeff McDermott • Kenny MacCarthy • Gibson Sotheby’s International

Buyer or Seller’s Market?

It’s not as simple as “it’s a seller’s market” or “it’s a buyer’s market”. Different price ranges, property types and towns all have their own special niches of volatility. Or they don’t.
Real estate is very localized.
That’s one reason we love to look at the “on market snapshot”: it shows how the price bands of available condos and single family properties in Gloucester and Rockport are faring.
You’ll find an “on market snapshot” in the Cape Ann Waterfront Guide.

Click here to sign up and receive your copy of the Cape Ann Waterfront Guide.

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We hope this helps.
Bob and Sue McDermott • Kenny MacCarthy • Gibson Sotheby’s International

Looking for a deal on a condo? Go to Boston.

If you want to see some really basic Boston market statistics, click here.

Suffice to say I’m glad I’m not trying to sell a $1M-$2M condo because there are 45% more condos on the Boston market right now than there were last year.

But if you’re thinking about buying in Boston, that’s a different story. It’s an “opportunity” if you can ride out:

  • the disposition of the virus
  • the stock market fluctuation
  • the upcoming election

How’s our market on Cape Ann? The polar opposite.

If you’re curious about which Gloucester and Rockport homes and condos are for sale, this is an easy way to find out. In the Cape Ann Waterfront Guide, you’ll receive up-to-the-minute information on pricing, size, bedrooms, “the works”, all via email.

 

Click here to sign up and receive your copy of the Cape Ann Waterfront Guide.

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Bob and Sue McDermott • Kenny MacCarthy • Gibson Sotheby’s International

What’s selling in Gloucester and Rockport?

If you’re curious about which Gloucester and Rockport homes and condos are for sale, this is an easy way to find out. In the Cape Ann Waterfront Guide, you’ll receive up-to-the-minute information on pricing, size, bedrooms, “the works”, all via email.

 

Click here to sign up and receive your copy of the Cape Ann Waterfront Guide.

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Bob and Sue McDermott • Kenny MacCarthy • Gibson Sotheby’s International

Who’s market is it? Seller’s or Buyer’s?

It’s not as simple as “it’s a seller’s market” or “it’s a buyer’s market”. Different price ranges, property types and towns all have their own special niches of volatility. Or they don’t.
Real estate is very localized.
That’s one reason we love to look at the “on market snapshot”: it shows how the price bands of available condos and single family properties in Gloucester and Rockport are faring.
You’ll find an “on market snapshot” in the Guide.

 

Click here to sign up and receive your copy of the Cape Ann Waterfront Guide.

Page1
We hope this helps.
Bob and Sue McDermott • Kenny MacCarthy • Gibson Sotheby’s International