Pierre C. Rumpf | Manchester-by-the-Sea Real Estate, Effex Real Estate, Beverly Real Estate


If you plan to pursue your dream house, it generally helps to evaluate housing market data. In fact, there are many reasons why homebuyers should assess real estate market data, and these include:

1. You can learn about mortgage interest rates.

Mortgage interest rates rise and fall frequently. As a homebuyer, you'll want to do everything you can to identify the lowest-available mortgage interest rates. And if you study the housing market, you may be better equipped than ever before to do just that.

In addition, it often helps to meet with banks and credit unions. These financial institutions can help you track mortgage interest rates and provide you with mortgage insights that you may struggle to obtain elsewhere. Plus, banks and credit unions can help you get pre-approved for a mortgage and ensure that you have finances in hand when you pursue your dream residence.

2. You can reduce the risk of spending too much to acquire your ideal house.

Let's face it – you want to buy your dream house, but you don't want to break the bank to do so. Fortunately, if you understand housing market data, you may be able to avoid the temptation to overspend on a house.

Examine the prices of available houses and recently sold homes in areas where you want to live. By doing so, you can establish a price range for your dream residence and find out whether you're preparing to enter a buyer's or seller's market.

3. You can quickly and effortlessly navigate the homebuying journey.

The homebuying journey may prove to be long and complicated, especially for those who fail to prepare for it. Luckily, housing market data can give you a better idea about what to expect as soon as you kick off your search for your ideal house. Then, you can use this information to identify and address potential homebuying hurdles faster than ever before.

For those who are unsure about how to collect and analyze housing market data, there is no need to stress. If you collaborate with a real estate agent, you can get the help the you need to discover your dream house.

A real estate agent can provide you with the right housing market data, at the right time, every time. He or she also will allocate the necessary time and resources to explain the importance of assorted housing market data and paint a picture of the current state of the real estate sector. That way, you can take a data-driven approach to buying a house.

Perhaps best of all, a real estate agent is available to take the guesswork out of the homebuying journey. This housing market professional will keep you up to date about new houses as they become available and ensure that you can find a terrific house that matches your budget.

Ready to make your homeownership dream come true? Use real estate market data, and you can become an expert homebuyer in no time at all.


This Single-Family in Beverly, MA recently sold for $430,000. This Ranch style home was sold by Pierre C. Rumpf - PCR Realty.


25 Kernwood Heights, Beverly, MA 01915

Ryal Side

Single-Family

$445,000
Price
$430,000
Sale Price

6
Rooms
3
Beds
1
Baths
Charming Ranch in Ryal Side! 6 Room 3 Bedrooms & 1 Bath. Hardwood floors throughout. Roof is 10yrs old, Blown in insulation 2 yrs ago through Mass Save. Windows are updated. Stove is 3 yrs old & Fridge is 4 yrs old. Large yard with Patio, 1 Car Garage. Finished room in basement is unheated, Laundry Room & Storage room, with acces door to garage. Close to the Cummings Center, Train Station, Danversport Yacht Club, College, Shopping, Highways, Ayers Elementary, Middle, High Private Schools, Herlihy Park & Beaches!

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4 Crafts Court, Manchester, MA 01944

Single-Family

$849,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
Beautiful, 4-bedroom, center-entrance Garrison off "The Heater" on super-quiet cul-de-sac in Manchester-by-the-Sea. Just painted throughout - exterior and interior. Newly-finished hardwood floors, new carpet, granite kitchen, new stainless steel appliances, new garage doors, new windows (three) installed in the two-car garage flooding it with natural light. New fence and much landscaping. Short walk to downtown - continue on to Singing Beach. Excellent school system. New middle-high school. New elementary school being built now. Close to Route 128.
Open House
Sunday
June 07 at 2:00 PM to 4:00 PM
OPEN HOUSE: Lots of work done to this beautiful center-entrance Garrison in Manchester-by-the-Sea. Serene cul-de-sac location! (Masks, Gloves & Foot Coverings Required for Entry.)
Cannot make the Open Houses?
Location: 4 Crafts Court, Manchester, MA 01944    Get Directions

Similar Properties




4 Crafts Court, Manchester, MA 01944

Single-Family

$849,000
Price

8
Rooms
4
Beds
1/1
Full/Half Baths
Beautiful, 4-bedroom, center-entrance Garrison off "The Heater" on super-quiet cul-de-sac in Manchester-by-the-Sea. Just painted throughout - exterior and interior. Newly-finished hardwood floors, new carpet, granite kitchen, new stainless steel appliances, new garage doors, new windows (three) installed in the two-car garage flooding it with natural light. New fence and much landscaping. Short walk to downtown - continue on to Singing Beach. Excellent school system. New middle-high school. New elementary school being built now. Close to Route 128.
Open House
No scheduled Open Houses

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Image by 3D Animation Production Company from Pixabay

Whenever someone is looking to purchase a home, there is always an inherent risk. It is common for buyers and sellers of homes to look for the best deal possible; however, it is also possible that issues might arise after a home has already closed. When looking to buy or sell a home, it is critical to be familiar with some of the common legal issues that arise. Understanding these issues ahead of time may help someone avoid devastating legal consequences after the fact. 

False Advertisements May Arise

One of the most common allegations made is related to false advertisements. Sometimes, someone purchases and house and feels that they didn't receive exactly what was advertised. These ads might take place in a booklet, leaflet or on the Internet. There is a certain code of ethics that comes with any real estate advertisement. While everyone wants to get the best deal possible, it is also important to make sure that all information advertised is truthful.

Equal Opportunity with Real Estate

This is, perhaps, the most important law that everyone needs to keep in mind when it comes to real estate. In the past, it used to be common that people wouldn't sell apartments, homes or condos to people of certain backgrounds including ethnicity, religion and sexual orientation. Now, the government has clauses that protect everyone from discrimination when it comes to real estate. It is critical for anyone selling a home to make sure they provide everyone with an equal opportunity to buy that home. At the same time, those looking for a home should never feel like they are being blocked from buying a home on the basis of their gender, ethnicity, orientation or other demographic factors.

Disclose All Accurate Information Accurately

When someone is looking at various homes, they are counting on the buyer to disclose all relevant information related to the condition of that home. Nobody wants to buy a home only to realize that, immediately after purchasing the home, it is in need of substantial repairs. Sometimes, sellers will try to conceal information from the buyer in an effort to pass on the repairs to someone else; however, this is illegal. If the purchaser finds out that information related to potential repairs in the home were concealed, they can go to court and file a lawsuit to recover the costs of the repairs. Some of the most common issues that arise in this area of real estate law include boundary issues, the presence of pests, problems with the structure and roofing issues. It is important for buyers to make sure they ask for a home inspection to uncover these issues ahead of time.
 




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