Jess Wagner, KW Realtor

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As a first-time homebuyer, navigating the current real estate market can feel overwhelming.With inventory climbing, you ...
05/12/2025

As a first-time homebuyer, navigating the current real estate market can feel overwhelming.

With inventory climbing, you might think it’s a buyer's paradise, but the reality is more complex.

Recent data shows that while active listings in Greater Boston have increased by 15.62% year-on-year, the competition remains fierce.

Many homes are still being snatched up quickly, leaving buyers to strategize effectively.

Interestingly, down payment assistance programs are gaining traction, with 60% of users in 2024 utilizing such support, up from just 17% in 2019.

This shift highlights the importance of being informed about available resources.

Moreover, family contributions are becoming a crucial factor for many buyers, with over a quarter of young homeowners relying on help from parents.

As you embark on your home buying journey, remember that while the market is evolving, having the right guidance and support can make all the difference.

Let’s work together to turn your homeownership dreams into reality!🏑✨

Read more here: https://bankerandtradesman.com/inventory-is-climbing-but-not-enough-to-help-first-time-buyers/

In Q1 2025, the homeownership rate dipped to 65.1%, marking the lowest level since late 2019.This decline is attributed ...
05/08/2025

In Q1 2025, the homeownership rate dipped to 65.1%, marking the lowest level since late 2019.

This decline is attributed to ongoing housing affordability challenges and a limited supply of affordable homes.

Despite a rise in inventory, prices remain high, making it tough for many buyers.

Interestingly, the homeowner vacancy rate held steady at 1.1%, while rental vacancies increased to 7.1%, the highest since 2018.

This shift could provide some relief for renters facing skyrocketing rents.

As your trusted real estate expert, I’m here to help you navigate these changing market dynamics.

Whether you’re looking to buy or sell, understanding these trends is crucial.

Let’s work together to make your property dreams a reality!🏑✨

Source: Realtor Research Articles. Read more here: https://www.realtor.com/research/homeownership-q1-2025

πŸŽ‰ Just Sold!🏑 Congratulations to the new homeowners of this charming 2-bedroom, 1-bath condo at 33 Argyle Rd  #33, Arlin...
05/06/2025

πŸŽ‰ Just Sold!

🏑 Congratulations to the new homeowners of this charming 2-bedroom, 1-bath condo at 33 Argyle Rd #33, Arlington, MA 02476!

Nestled on a serene side street, this bright and spacious home is the perfect starter for those looking to enjoy the vibrant Arlington community.

With a welcoming living room, a full dining room, and a large kitchen with gleaming white cabinets, this home offers comfort and style.

The private patio and fenced yard provide a perfect retreat for relaxation or gardening.

Plus, its prime location offers easy access to local favorites like Trader Joe's, Mass Ave shops, and the Minuteman Bikeway.

Here's to new beginnings in a wonderful neighborhood!πŸ₯‚

Exciting developments are on the horizon for Medford Square!🌟 The City is moving forward with plans to revitalize three ...
03/05/2025

Exciting developments are on the horizon for Medford Square!

🌟 The City is moving forward with plans to revitalize three city-owned parking lots, transforming them into vibrant spaces for commercial and residential growth.

Mayor Breanna Lungo-Koehn emphasizes the importance of community engagement, stating that local residents, seniors, and businesses will play a crucial role in shaping this project.

πŸ™οΈ Join us for a virtual public forum or an in-person open house on March 30 to see the updated redevelopment concepts and share your thoughts!

This initiative is part of the Medford Square Master Plan, which aims to create walkable districts that enhance access to health and cultural resources.

Don't miss the opportunity to contribute to the future of your community!🏑✨

Read more here: https://patch.com/massachusetts/medford/medford-square-development-its-way-public-meetings-scheduled

Exciting news for Newton!🌟 Global Partners LP is relocating its headquarters to the newly renovated Riverside Center com...
02/27/2025

Exciting news for Newton!

🌟 Global Partners LP is relocating its headquarters to the newly renovated Riverside Center complex, marking a significant milestone for the area.

This 100,000 square foot lease not only signifies the expansion of a Fortune 500 company but also highlights the revitalization of Newton's commercial real estate market.

With over $16 million invested in renovations, including modern amenities like a fitness center and enhanced meeting spaces, Riverside Center is poised to foster collaboration and innovation among its 600+ employees.

As the suburban office market continues to evolve, this move reflects a growing demand for quality office spaces that support dynamic business operations.

Did you know that the vacancy rate in the Boston suburbs is currently at 24.6%?

This makes the successful leasing of Riverside Center even more remarkable!

Let's keep an eye on how this development shapes the future of Newton's business landscape.🏒✨

Read more here: https://www.bisnow.com/boston/news/office/newton-office-complex-lands-100k-sf-headquarters-lease-128044

Mortgage rates have hit a two-month low, providing a golden opportunity for home buyers and sellers alike! πŸ“‰ As of last ...
02/26/2025

Mortgage rates have hit a two-month low, providing a golden opportunity for home buyers and sellers alike! πŸ“‰ As of last week, rates were already aligning with the lowest levels since December 18th, and they dropped even further to the best levels since December 12th. This means that if you’ve been considering buying a home or selling your property, now is the time to act! With the bond market remaining stable, and investors awaiting key economic data, we can expect continued favorable conditions for mortgage rates. Don't miss out on this chance to make your property dreams a reality! 🏑✨ Let’s connect and discuss how these rates can benefit you in your real estate journey. Visit my website for more insights and personalized advice!



Read more here: https://www.mortgagenewsdaily.com/markets/mortgage-rates-02242025

This week, mortgage rates have slightly decreased to 6.87%, marking the lowest level in 2025 so far! πŸ“‰ While this drop i...
02/18/2025

This week, mortgage rates have slightly decreased to 6.87%, marking the lowest level in 2025 so far! πŸ“‰ While this drop is encouraging, it's essential to remember that rates are still significantly higher than a year ago. With inflation concerns looming and the Federal Reserve likely to maintain interest rates, prospective homebuyers should prepare for a challenging market. However, the silver lining is that the median list price of homes is declining, and there are more homes available than in previous years. This means that while financing may be tougher, there are still opportunities to find your dream home! 🏑✨ Let's navigate these changes together and make informed decisions for your real estate journey. Visit my website for more insights and personalized advice!



Source: Realtor Research Articles. Read more here: https://www.realtor.com/research/freddie-mac-mortgage-rates-february-13-2025

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1 Militia Drive
Lexington, MA
02421

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