Bentley’s Real Estate Market Report

We here at Bentley’s Real Estate believe you should be empowered in order to make the best decision for you and your family when it comes to real estate. Whether you visited us years ago, or are just now in the beginning stages of your real estate journey, we’re here to help you along the way. There has certainly been a tectonic shift in all real estate markets in both Massachusetts and New Hampshire. Below, click on the button you would like to download and view a .pdf report from, Essex County, Massachusetts, and New Hampshire. These reports were run as of September 9, 2022:

Whether you’re buying or selling, or both, many are aware that The Federal Reserve continues to raise interest rates to fight inflation. Their next meeting is on September 21-22, you see their calendar by clicking HERE. We can’t provide insight as to which way The Fed will go, but they do impact mortgage rates. As of this writing, rates are at 5.89% for a 30-year mortgage, you can follow them daily at Freddie Mac. Also of interest is Fed support of Mortgage Backed Securities, which may or may not be keeping prices elevated during the current market decline. When The Fed decides to implement their “Quantitative Tightening” in the MBS market remains to be seen:

As you can see, there are a lot of factors in regard to both selling and buying power. If you would like a specific market report for your own community, let us know. We understand one of largest monetary decisions of yours and/or your family’s life shouldn’t be taken lightly, and while we certainly can’t make the decision to buy or sell for you, we can help & empower you along the way. We take great pride in being a start-up in 2016 and earning the number one brokerage in The Greater Newburyport Area in just three (3) years, we’ve never looked back. We are a Veteran & Woman owned and operated brokerage.