Whatever you might think of current real estate market conditions, it pays to take the long view. According to a recent survey, a significant majority of homeowners view their homes as good investments and the typical sellers are garnering positive returns. Despite the recent correction in home prices, the typical seller who purchased a home eight years ago attained a median equity gain of $33,000 (a 24 percent increase), while sellers who were in their homes for 11 to 15 years experienced a median gain of 40 percent. Today’s first-time buyers plan to stay for 10 years, and repeat buyers plan to hold their property for 15 years. This long-term thinking is likely to pay off. 

If you have property to sell, but wonder if it makes sense to market it now, contact us at CENTURY 21 SEXTON & DONOHUE, (781) 665-6660. We can provide you with a free market analysis of your property, and discuss how you can get the best return for your real estate investment. As Realtors®, we are kept up to date with current market trends. You will benefit from our knowledge and experience! The office is conveniently located at 29 Essex St., just across the street from Shaw’s. We are "A Team Effortâ€�. Learn how we earned our superior reputation!

HINT: First-time buyers have the most to gain in today’s market.