I don’t need to tell you: January with mild temps and hardly a flake of snow is freakishly unusual for Roslindale and Jamaica Plain.  I feel that it’s great for retailers, and of course for real estate, with future home owners who have clearly decided to start their “spring search” a little early this year.

While this is theoretically a great time for buyers to grab a fabulous new home in  Roslindale or Jamaica Plain, the Catch-22 is that there are relatively   few fresh properties to show. Are you listening, home sellers? This is a prime time to beat the forsythia-and-tulips rush and generate some excitement. With so few properties for sale in Roslindale and Jamaica Plain, new listings are getting a lot of attention.  Case in point:  I sold a house right before Christmas to the first people who saw it, three days before the scheduled open house (and at the full asking price, I might add!).

Interest rates are still incredibly low. According to Freddie Mac, the 30-year fixed mortgage rate was 3.93% in New England last week. Compared to a national average of 4.77% at this time last year, we’re at an incredible moment. Also, owners who’ve had their homes on the market for a while are, if their brokers are advising them correctly,  motivated to get them sold before the competition of the spring market, so home buyers might have more negotiating power in that respect, too.

According to MLS, there are only 76 single family homes currently on the market in Jamaica Plain, Roslindale and West Roxbury combined, and 92 condos in those same zip codes!  At my open house this past Sunday at 32 Robinwood Ave., I had over 20 buyer parties, and very few of them were “tire-kickers.”

Buyers are out there in force in Jamaica Plain, Roslindale and West Roxbury. Call me and let’s give them some great inventory to buy!

Linda Burnett

Jamaica Plain/Roslindale Real Estate Maven
Keller-Williams Boston-Metro Real Estate
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