SHARK TANK’S BARBARA CORCORAN PREDICTS WHAT WOULD HAPPEN IF MORTGAGE RATES DROPPED JUST ONE PERCENT
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Shark Tank’s Barbara Corcoran, a real-estate broker and investor, told Fox Business that if mortgage interest rates were to drop one percent, buyers sitting on the sidelines would “come out in droves”, driving up prices substantially. “By waiting, I don’t think you’re going to gain anything; you will likely pay… Read More
Single-family homes for sale rising in Plymouth, but remain in short supply.
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While Plymouth on-the-market homes jumped to 81 near May’s end, from 56 one year ago, the severe shortage of homes for sale continues. The median price for a single-family home jumped from $739,412 to nearly $750,000 in May. (Curiously Average Days on Market plummeted from 64 to 49.) Condos on the market… Read More
HOUSING PRICES TO FALL DUE TO BABY-BOOMERS’ DOWNSIZING “SILVER TSUNAMI”, SAYS THE ORACLE OF WALL STREET
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Housing prices will fall in 2024 due to a “silver tsunami” of baby boomers who will downsize in the coming years, according to Meredith Whitney, who predicted the 2008 financial crisis and became known as “the Oracle of Wall Street”. Whitney says that over 51% of individuals aged 50 and above… Read More
PLYMOUTH ENDANGERED PONDS FEED OUR FRAGILE AQUIFER – OUR SOLE SOURCE OF DRINKING WATER
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What scared me most about writing The Plymouth Independent article on protecting Plymouth’s precious water supply: Learning how precarious Plymouth’s drinking water is from all sorts and sources of contamination. Hearing about the nation’s influx of harmful PFAS chemicals, found in virtually everything. Yet, while helping me distill the original,… Read More
WILL YOUR DOG BE FEATURED IN PUPS OF PLYMOUTH?
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Does your dog have what it takes to be featured in a forthcoming coffee-table book, Pups of Plymouth? Plymouth’s Katie Carmickle Photography will be choosing 24 “unique Plymouth dogs” to be highlighted in the limited-edition book – to benefit, in part, the Friends of the Plymouth Center for Active Living. Read More
HOME PRICES EXPECTED TO JUMP OVER NEXT FIVE YEARS, WHILE AT A SLOWER RATE THAN RECENT PAST
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Home prices nationally are expected to rise over each of the next 5 years, although at a slower pace than the recent surge in pricing, Fannie Mae predicts. To avoid further price hikes, it may be time for buyers to emerge from the sidelines. Keller Williams Realty is seeing the… Read More
HIDDEN GEMS OFF PLYMOUTH’S CAMELOT DRIVE
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Plymouth’s Camelot Drive is an industrial road hidden from a lot of Plymouth residents. Yet one could easily make a pleasant morning, afternoon or even evening on Camelot Drive, visiting hidden gems that range from The Jolly Bean Café, Healthy Appetites Natural Foods, the bakery Hearth Artisan Bread, J.J Materials,… Read More
PLYMOUTH OCEANFRONT HOMEOWNERS MUST TAKE STEPS TO STAVE OFF COASTAL EROSION
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Local coastal-erosion-control companies maintain that Plymouth seaside homeowners can preserve and protect their homes for many generations. In the face of storms that are increasing in intensity, and sea-level rise, these homeowners with multi-million-dollar views must buy into town-approved plans to maintain their coastal bluffs and seawalls and commit to… Read More
IT’S STILL A GREAT TIME TO SELL A HOME – JUST NOT AS GREAT AS THE RECENT “UNICORN YEARS,” WHICH ARE UNLIKELY TO RETURN ANYTIME SOON.
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Buyer demand did not disappear when mortgage rates shot up. Plenty of interested buyers remain out there home shopping. It’s just that the housing market isn’t as frenzied as the unusual “unicorn years” – when: Buyer demand skyrocketed, Mortgage rates sank to historically lows, and Home values rose wildly. But that doesn’t… Read More