Haverhill MA Real Estate

Haverhill MA Real Estate This page is dedicated to Haverhill MA and it's great real estate.

Mike Skafas is Haverhill's exclusive Expert Real Estate Advisor and is committed to promoting Haverhill as one of the most dynamic and up and coming communities in the entire state of MA.

Haverhill Home Owners!!  With mortgage rates now at 7.26%—the highest since May 2024—buyers are feeling the pinch. 💸 But...
01/14/2025

Haverhill Home Owners!! With mortgage rates now at 7.26%—the highest since May 2024—buyers are feeling the pinch. 💸 But here's a little-known fact that could help: when you sell your home, a buyer may be able to assume your lower mortgage rate! 🤯

This could make your home more attractive in today’s market and help buyers save big on financing. Want to learn more about how this works. Share a reply 📞🏡"

Mortgage rates rose to the highest levels since May 2024 by the end of last week following a stronger reading on the jobs report. Technically, the same thing happened today, but only because rates inched just a bit higher from Friday's latest levels.  This time around, there wasn't....

🏡 New Listing: Beautifully Renovated 3-Bedroom Colonial Condo 🌟Looking for a home that blends modern upgrades with timel...
09/10/2024

🏡 New Listing: Beautifully Renovated 3-Bedroom Colonial Condo 🌟

Looking for a home that blends modern upgrades with timeless charm? This 3-bedroom, 1.5-bathroom Colonial condo is a rare find! Located off a quiet road, it’s close to the high school, shopping, golf courses, and beautiful walking trails.

✨ Features include:

Fully renovated kitchen with custom cabinetry & stainless steel appliances
Energy-efficient heating system with a tankless hot water heater
Spacious, light-filled bedrooms & updated bathrooms
Private deck & yard, perfect for relaxing or gardening
Single-car garage & off-street parking
This polished jewel won’t last long! Schedule your private showing today and make it yours. 🗝️

This 3-bedroom, 1.5-bathroom Colonial condo is a rare fin...

Home Prices Are Not FallingDuring the fourth quarter of last year, some housing experts projected home prices were going...
10/03/2023

Home Prices Are Not Falling

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market.

If it made you question if you should delay your own plans to move, here’s what you really need to know.

Home Prices Never Crashed

Disregard what you saw in the headlines. The actual data shows home prices were remarkably resilient and performed far better than the media would have you believe.

As Nicole Friedman, a reporter at the Wall Street Journal (WSJ), says: “Home prices aren’t falling anymore. . . The surprisingly quick recovery suggests that the residential real-estate downturn is turning out to be shorter and shallower than many housing...

www.ReExpertAdvisor.com

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.

Explaining Today’s Low Housing Supply [INFOGRAPHIC]Wondering why the supply of homes for sale is limited today? There ar...
09/29/2023

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents know exactly where to look and what to do to make your dream a reality. DM me so you have an expert on your side to help you successfully navigate the market and find your next home.

www.ReExpertAdvisor.com

Wondering why the supply of homes for sale is limited today?

The Return of Normal Seasonality for Home Price AppreciationIf you’re thinking of making a move, one of the biggest ques...
09/26/2023

The Return of Normal Seasonality for Home Price Appreciation

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend.

In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality. Spring is the peak homebuying season when the market is most active. That activity is typically still strong in the summer but begins to wane as the cooler months approach. Home prices follow along with seasonality because prices appreciate most when something is in high demand.

Why This Is So Important to Understand

In the coming months, you’re going to see the media talk more about home prices. In their coverage, you’ll...

www.ReExpertAdvisor.com

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? 

How Remote Work Helps with Your House Hunt [INFOGRAPHIC]While remote work peaked during the pandemic, many people still ...
09/22/2023

How Remote Work Helps with Your House Hunt [INFOGRAPHIC]

While remote work peaked during the pandemic, many people still work from home today. If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home. If you can work from home, you might have more choices for where to live. DM me to talk about your options and what's most important to you.

www.ReExpertAdvisor.com

While remote work peaked during the pandemic, many people still work from home today.

09/19/2023

Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity. Here’s what you need to know.

Equity is how much your home is worth now, minus what you still owe on your home loan.

How Much Equity Do Homeowners Have Now?

Recently, your equity has been growing faster than you might think. That’s because, over the past few years, home prices went up significantly – and those rising prices helped your equity to accumulate faster than usual. While the market has started to normalize, there are still more people wanting to buy homes than there are homes available for sale. This high demand is causing home prices to go up...

www.ReExpertAdvisor.com

Are you thinking about selling your house?

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]Holding off on selling your house because you believe there aren’t ...
09/15/2023

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

Holding off on selling your house because you believe there aren’t any buyers out there? Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now. Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is still strong today. Let’s connect to get your house in front of these buyers.

www.ReExpertAdvisor.com

Holding off on selling your house because you believe there aren’t any buyers out there?

What Experts Project for Home Prices Over the Next 5 YearsIf you're planning to buy a home, one thing to consider is wha...
09/12/2023

What Experts Project for Home Prices Over the Next 5 Years

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And data shows, experts forecast home prices will keep appreciating.

Experts Project Ongoing Appreciation

Pulsenomics polled over 100 economists, investment strategists, and housing market analysts in the latest quarterly Home Price Expectation Survey (HPES). The results show what the panelists project will happen with home prices over the next five years.

If you’re someone who was worried home prices would fall because of stories you’ve read online, here's the big takeaway. Even though home prices vary by local market, experts project prices will continue to rise...

www.ReExpertAdvisor.com

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment.

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]Last year, some housing experts projected a decline in home prices by...
09/08/2023

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease. Let’s connect so you know what’s happening with home values in our local area.

www.ReExpertAdvisor.com

Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low. 

Why It’s Still a Seller’s Market TodayEven though activity in the housing market has slowed from the frenzy that was the...
09/05/2023

Why It’s Still a Seller’s Market Today

Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want to sell your house?

The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Housing inventory is measured by the number of available homes on the market. It’s also measured by months’ supply, meaning the number of months it would take to sell all those available homes based on current demand. In a balanced market, there’s usually about a six-month supply. Today, we have only about 3 months’ supply of homes at the current sales pace

As Lawrence Yun, Chief Economist for NAR, says: “There are simply not enough homes for sale. The market can easily...

www.ReExpertAdvisor.com

Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. 

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]Your equity grows as you pay down your home loan and as home pric...
09/01/2023

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too. Want to find out how much equity you have? DM me for a Professional Equity Assessment Report (PEAR).

www.ReExpertAdvisor.com

Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.

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Haverhill, MA
01830

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Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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