Blog | Crawford Realty Team

September Housing Updates: Seller Concessions and New Construction

Written by Jackie Crawford-Ross | 9/4/23 5:48 PM

What you should know about seller concessions and buying new construction homes.

Welcome September - The first month of the fall season! This month we're celebrating back-to-school routines, the start of football and fall sports and the beginnings of *hopefully*nicer weather! I hope you've been well - I'm excited to share what's going on in our state and the local real estate market. As always, if there's anything I can assist with, send me a message, I'm always happy to help!

What's new?

This month I'm looking forward to a trip to Scottsdale. Arizona with just my husband! No kids! This is the first time I've been away from my boys for more than 2 nights. Pray for me!

On a professional front, I'm starting to see the Massachusetts real estate market cool off a bit which is a GREAT thing! Fall/winter are my favorite times to help my clients buy/sell homes. I find it is way more peaceful and enjoyable!

What you need to know about seller concessions

42.9% of home sales in Q1 2023 involved sellers offering to help with closing costs significantly up from 25.5% the previous year.

That means if you're planning to sell (or buy) anytime soon, the topic of seller concessions is likely to come up.

But did you know there are specific rules in place to ensure a fair process and prevent housing price inflation? It's true - and they can be a doozy to keep straight.

That's why I've created a Seller Concession Cheat Sheet. It puts all the crucial information at your fingertips so you can ace Selling 101.

Send me an email and I'll send you a copy!

Source: Redfin 

When it comes to buying new construction, make sure to ask your builder these questions



If you’d like to find out more about buying new, email me and I can send over some local options!

Source: 10 Must-Have Upgrades for a New Construction Home - Broadview Calgary Homes

 

 

September Home Maintenance Checklist

 

 

Have questions about real estate?

Whether you're interested in purchasing your first home, moving up, downsizing, or investing, my team and I are here to be a resource to you.

Let's find you a new home. And it all starts here. Tell us a bit about your situation – buying, selling, and so forth – and one of our team members will be back in touch to discuss the details directly.