In a the fast moving real estate industry, you might think it’s beneficial to sell your home ” as is,” with no updates or changes in designs. However, home inspections Continue reading
Author Archives: Robert Paul Properties
Luxury Bathroom Trends for 2024
Who doesn’t love spending time in a luxury bathroom? They bring comfort and relaxation by providing a space to unwind and relax after a long day. They are a great place to pamper yourself and they provide a wonderful esthetic to your home, often with exquisite design elements. Let’s take a look at some 2024 luxury bathroom trends! Continue reading
Experience the South Peak Difference
Are you searching for a winter retreat where you can enjoy ski-in/ski-out access and luxurious mountain living? Look no further than South Peak Resort on Loon Mountain, a mere 2-hour drive from Greater Boston. Whether you’re interested in single-family home lots or upscale slope-side townhomes, South Peak Resort offers exclusive ownership and investment opportunities that promise to redefine your mountain lifestyle.
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As Featured in Banker and Tradesman – By Robert Paul President Emily Clark
Barnstable County finished 2023 with only 400 homes for sale, driving continual affordability challenges.
More Homes Needed for Affordability Impact
Interest Rates Must Fall to Free Up Inventory
2023 was an eventful year for real estate, and 2024 is off to quite the start itself. As a brokerage leader, my job is to not only monitor the market for trends that will impact inventory and sales dynamics, but also to scan the business side of the industry to keep my agents ahead of the curve so they can deliver great service to their clients.
In the Cape Cod market, and across Massachusetts, inventory and interest rates are likely to continue to be the biggest challenges encountered by both buyers and sellers in 2024. Rates in the 6 percent to 7 percent range, combined with severely limited inventory in many cities and towns, are the chief drivers of affordability concerns on the buyers’ side. This is compounded by the fact that many homeowners with interest rates in the 3 percent or lower range are understandably reluctant to sell and pay a premium for a new home, even if their current one no longer fits their needs.