T
he housing market remains sluggish due to economic uncertainty, despite a seller's market and ongoing housing shortage. Potential buyers are hesitant to make a move, waiting for interest rates to drop before committing to a purchase. However, those looking for a quick sale can find success with move-in ready homes that require minimal repairs.
Buyers should prioritize finding a trustworthy real estate agent who understands the current market conditions. This is crucial in avoiding overpaying for a property. According to Rick Healey, owner of Foster-Healey Real Estate, buyers are rethinking their plans due to economic uncertainty and high interest rates.
The properties that are selling quickly are those that are neat, clean, and require little to no repairs. These homes often feature traditional characteristics like white-picket fences and plenty of space for families. Healey notes that the "American Dream" of home ownership still exists, but it looks different for everyone.
Buyers need good representation in this market, as finding an agent who understands the market can make all the difference. A trustworthy agent will guide buyers through the process, advising them on whether a particular house is a good buy or not. This expertise can help prevent overpaying and ensure a smooth transaction.
In Gardner, there are currently 18 homes for sale, ranging from $350,000 to $1.2 million. Neighboring communities like Winchendon offer more affordable options, with prices starting at $200,000. However, inventory is low in Hubbardston, with only four homes available for purchase.
