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111 PERKINS, UNIT 293, JAMAICA PLAIN, MA
CONDO CO-OP: 2 Beds / 1 Bths / 1 Car Garage / Approximately1,134 SqFt
Enjoy breathtaking panoramic views of Boston and Jamaica Pond from your private balcony. Experience city living at its finest in this rarely available 29th-floor Coop unit at Jamaicaway Tower. This spacious two-bedroom, one-bath unit boasts high ceilings, hardwood flooring, and an open floor layout, freshly painted and equipped with new energy-efficient kitchen appliances.
Ideally situated near the city center, Longwood hospital area (BI, Children's, BWH and Dana-Farber Hospitals), Harvard Medical School, public transportation, MBTA, and just a short stroll from the serene beauty of Jamaica Pond and Arboretum, this property provides unparalleled convenience. Don't miss out on this exceptional opportunity to enjoy a piece of Boston's skyline!
111 PERKINS, UNIT 49, JAMAICA PLAIN, MA
CONDO CO-OP: 1 Bed / 1 Bths / 1 Car Garage / Approximately 845 SqFt
Dedicated 24/7 concierge, heated pool, tennis court, fully-equipped gym, laundry facility, mailbox w/key, storage space, assigned garage, and visitor parking for your convenience, and much more.
Buyer and sell with a realtor who delivers. Who you work with matters!
Marshall Field
First, it's worth recapping 2023. It was a challenging year for homebuyers. High interest rates and low inventory greatly impacted the volume of home sales. Rising mortgage rates made it less attractive for homeowners to list their properties. And the lack of housing coupled with strong buyer demand kept prices inflated — which was not so great for buyers, but was certainly good for sellers. The median home price in Greater Boston even hit a record monthly high of $900,000 in May and climbed still higher in July. Jared Wilk, incoming president of the Greater Boston Association of Realtors, said there were some signs the market could be easing as the year came to a close and interest rates started to dip. (...)
For a housing recovery to occur, several conditions must unfold. “For the best possible outcome, we’d first need to see inventories of homes for sale turn considerably higher,” says Keith Gumbinger, vice president at online mortgage company HSH.com. “This additional inventory, in turn, would ease the upward pressure on home prices, leveling them off or perhaps helping them to settle back somewhat from peak or near-peak levels.” And, of course, mortgage rates would need to cool off—which experts say is imminent despite rates edging back up toward 7%. For the week ending April 11, the 30-year fixed mortgage rate stood at 6.88%, according to Freddie Mac. (...)
Per the settlement’s terms, the costs associated with buying and selling a home are set to change dramatically. “The primary things that will change are the decoupling of the seller commission and the buyer commission in the MLS,” says Rita Gibbs, a Realtor at Realty One Group Integrity in Tucson. “It’s gonna cause some chaos.” While sellers will no longer be able to offer broker compensation in the MLS, there’s no rule prohibiting off-MLS negotiations. Because of this, Gibbs suspects buyers and sellers will continue offering broker compensation off the MLS. (...)
“In the short term, it is absolutely going to injure buyers, especially FHA and VA buyers,” Gibbs says. “With rare exception, these buyers are not in a position to pay for their own agent.” Gibbs says that if sellers don’t offer compensation, many buyers who can’t otherwise afford to pay a broker will choose to go unrepresented. (...)
Speaking of interest rates, this is the thing to watch in 2024, experts said. As noted, they've already started to dip. And the Federal Reserve recently signaled it's done with interest rate hikes and could even start cutting rates. "This interest rate shift downward could inspire some sellers to get in the market who had been waiting on the sidelines because it didn't make a lot of fiscal sense for them," said Alison Socha, the outgoing president of the Greater Boston Association of Realtors. She's referring to the fact that some homeowners with low interest rates on their mortgages may have been hesitating to look for new homes at a time of higher premiums on borrowing. "Regardless of interest rates shifting or not, I think that we are still going to see the market remain very consistent through the beginning of 2024 due to demand still being high, availability of financing still being solid, and just inventory being low," Wallick said. (...)
With many homeowners “locked in” at ultra-low interest rates or unwilling to sell due to high home prices, demand continues to outpace housing supply—and likely will for a while—even as some homeowners may finally be forced to sell due to major life events such as divorce, job changes or a growing family. “I don’t expect to see a meaningful increase in the supply of existing homes for sale until mortgage rates are back down in the low 5% range, so probably not in 2024,” says Rick Sharga, founder and CEO of CJ Patrick Company, a market intelligence and business advisory firm. Housing stock remains near historic lows—especially entry-level supply—which has propped up demand and sustained ultra-high home prices. Here’s what the latest home values look like around the country. (...)
Looking to sell, buy, or invest in property?
Look no further! With over 18 years of real estate experience, I'm a dedicated REALTOR® committed to delivering optimal outcomes for you. Benefit from my proven track record of over 100 successful sales. I'll handle everything, from effective marketing to seamless transactions, ensuring your property sells quickly for top value or matches your needs and budget when buying.
I understand the stress involved, so I'll make the process smooth and stress-free, handling staging, repairs, and negotiations. With constant communication, I'll keep you informed while you focus on other priorities. Ready to make a move?
Contact me today for expert guidance and peace of mind. Daniela Afonso @ 617.201.9864.
Looking to buy or sell real estate, large or small, condo or family home, fixer-uppers, or luxury? I will find houses for sale and get it for you at the price that's right. I can also help with staging, flipping, building, and more. I'm your local expert real estate consultant.
If you have questions about credit or legal matters, buying or selling real estate, you can trust me, as your local expert real estate consultant to find you houses for sale fast. I'll make sure you feel confident and educated every step of the way.
Give me a call and I will explain the process of buying or selling in 3 easy steps
I make the process of buying and selling easy for you. I offer support throughout the entire process from getting pre-approved, to house searching, to closing.
Get your property value based on recent sales and latest market trends. Click below to get your home valuation.
If you have enough equity in your current home, you can use the money from a home equity loan to make a down payment on another home—or even buy another home outright without a mortgage.
I get your house ready to sell. I will help you determine which services can deliver the greatest return on your property sale.
I love meeting buyers and sellers in person, so feel free to visit during normal business hours or schedule a meeting with a real estate consultant to learn more about real estate purchase and how to find houses for sale.
Daniela Afonso | REALTOR® '05 290 Lexington St., Waltham, MA 02452 Call Direct: (617) 201-9864
Mon | 09:00 am – 05:00 pm | |
Tue | 09:00 am – 05:00 pm | |
Wed | 09:00 am – 05:00 pm | |
Thu | 09:00 am – 05:00 pm | |
Fri | 09:00 am – 05:00 pm | |
Sat | By Appointment | |
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