We are nearly a week into September... the kids are back in school, the vibrant hues of summer are starting to fade away, and pumpkin spice lattes are back in our Starbucks carts.
This September, however many folks are also keeping their eyes on the Federal Reserve. With recent signs that inflation is cooling along with the job market, predictions are calling for a cut to the Federal Funds Rate at their upcoming meeting.
Liz Ryan, a local mortgage expert with Rate states:
“I am hoping for a 50 basis point rate cut with the job market slowing down, the Feds have to act fast.”
A further cut in rates will cause an additional flurry of activity that will be great for buyers. There are several homes currently on the market that are great choices!!
Check Out Alissa's Top 3 Buying Opportunities
Whether you are looking to put your own touches on a home, a home with the highest quality of new construction, or a beach house, we have you covered. Check out Alissa's Top 3 Choices North of Boston:
1. 61 Turkey Hill Road, West Newbury
(Open House Sunday, September 8th from 11:30 to 1:30)
The First Amazing opportunity for sale is located in West Newbury at 61 Turkey Hill Road. Now offered at $1,240,000, 61 Turkey Hill Road is just a 10 minute drive to the center of Newburyport, with North shore Magazine's BONS Winners for shopping and dining, including favorites like Charleston and Coco, Brine and The Black Cow.
The "WOW" factor for 61 Turkey Hill Rd. is its magical location amidst acres of conservation land and verdant scenery that just does not exist in town in Newburyport, giving you the best of both worlds! In fact, you can enjoy the proximity to a bird sanctuary that also serves as a cross-country ski trail for outdoor enthusiasts and bird lovers.
This home is also primed for personalization, with the essential updates such as fiber cement siding and a newer roof already done for you.
Check out our listing HERE, as well as video link, for more details and to schedule a private viewing!
(Open Houses Saturday September 7 and Sunday, September 8th from 10 to 12)
The second amazing opportunity is located at 7 Edward Avenue in Lynnfield. When we say Quality, Luxury New Construction, we mean it! This home is crafted with the highest level of uber luxury and you have to see it to believe it.
The kitchen is a pure show stopper with one of the largest center islands we have ever seen! Also featuring a Thermador 48-inch range and a wood paneled hood that is flanked by windows and floating shelving, quartz counters, and a Butler's Pantry/ Scullery for the most enthusiastic chefs (and who want to keep a clean kitchen.)
The primary bedroom suite is a DREAMY, with double walk in closets, vaulted ceilings and a gorgeous bath with tub and shower. You will also fall in love with four inch white oak floors, a high efficiency hydronic heating system, Hardie siding!
If you are also back to commuting into Boston, 7 Edward Avenue is located in an extremely convenient location close to the highways, giving you more time at home after a long day.
Check out our listing HERE, as well as video link, for more details and to schedule a private viewing!
3. 12 75th Street, Plum Island
And the third fabulous opportunity is located on Plum Island at 12 7th Street.
Located right on the beach with sweeping panoramic ocean views, this home of a retired navy officer sits high above the water, battleship-like, with more than 180 degrees of unobstructed water views.
An iconic home on Plum Island, where you can marvel at both sunrises and sunsets from the HUGE roof top deck. Custom-built, every square inch of the 1,726 square feet of interior space is maximized for luxury and comfort.
This luxury home harmonizes with the sea, providing serenity on sunny days and stormy ones alike, thanks to its thoughtful craftsmanship. The floor plan is designed for generous entertaining and ideal for family gatherings that comfortably sleeps 10 with ample parking. Imagine creating family memories aboard this idyllic waterfront property
Recent Sales and Pending Sales
Despite a slower August, this summer was a productive! Check out Alissa's recent and pending sales on www.luxuryhomesnewburyport.com
Please don't forget to follow Alissa on Instagram for some great homes coming soon and other market updates.