October 12, 2008 Mara Bushari

The rollercoaster in the financial markets has Boston home buyers questioning their decisions. Can they afford the home they want if they lose their jobs? Is the real estate market a safer bet than the stock market right now? Will Boston real estate prices fall or is this what they experts mean when they say “buy low?” Should we buy or watch from the sidelines?

Well, there are a lot of reasons to buy and there may be quite a few to stay out of the market, depending on your personal situation. Do you have 20 percent or more to put down on the property and have solid credit? Will you be comfortable with the month payments if you or your significant other is out of work for 6 months? Will you live or lease out the home for at least 2 years? If so, dive in! This is the market for you.  In this market, where the pool of buyers has shrunk significantly due to stricter mortgage regulations, buyers with cash and strong credit can find fantastic deals. Inventory is low, as many sellers who do not need to sell are either staying put or leasing their homes. There are still plenty of deals to be had so don’t let this opportunity pass you by.

Mara Bushari

Mara is a creative thinker and strategic marketer. She graduated Summa Cum Laude from Boston University’s College of Communication and worked in international finance before joining The Bushari Team. Mara strives to exceed expectations. As Client Relations Specialist, she is a key facilitator in all team transactions, making the buying or selling process as stress-free as possible for the client. Mara learned many of her extraordinary organizational and problem-solving skills during her service in the Israeli Defense Forces, where she earned the “President’s Award” for exceptional service. In the military, Mara solidified her abilities to achieve top results in high pressure and time sensitive situations. In her spare time, Mara enjoys skiing, photography and writing.

Leave a Reply

Your email address will not be published. Required fields are marked *