How are the higher interest rates going to affect you? Are they going to continue to rise?  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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JULY/AUGUST 2022

Get Real (Estate) with Liz & Ellie

AH, THE ETERNAL QUESTION

How's the market?

This morning at the dentist: "How's the market?" Yesterday at the dry cleaner's: "How's the market?" At the farmer's market: "How's the..." well, you get the idea. Everywhere we go, we are asked this question, especially in light of the change in interest rates over the last few months. So, how's the market? That depends: are you a buyer or a seller? What community are you in? How soon do you want to make a move? So many things affect the market, and it's hyper-local and hyper-personal. Reach out to us for a conversation about your specific situation. And in the meantime, here's what the New York Times has to say.

HOW CAN YOU LOWER YOUR MONTHLY PAYMENTS?

What you can do now

If you are buying right now, or in the near future, interest rates are obviously on your mind. Please note that while they have risen from the rock-bottom, interest rates are still historically low. However, there are ways you can lower your monthly payments even within this environment. Rocket Mortgage has a good summary of the steps you can take. And for more on the mortgage process, check out guest blogger Shant Banosian's excellent summary here.

Random Thoughts

Summer is far from over, and sunflower season is here!


In our northern neck of the woods, sunflower season only lasts only a couple of weeks, starting in mid-August. Here is a roundup of the most picturesque sunflower fields nearby—catch these big, beautiful blooms while they last, and take home a few to brighten your day.


10 basement decorating ideas


Many of us have transformed our basements into gyms, home theaters, or play areas. As you make these decisions, it's important to consider the style and flow of the space—this might become your favorite spot in your home!


Gardens grow in all kinds of spaces


Flowers and plants bring so much beauty to every space, big or small, inside or out—the practice shouldn't be limited in any way. Experiment with window-boxes, hanging plants, compact veggie gardens, and more.


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Cambridge MA 02138


617.444.9644
lizandellie@compass.com

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. This is not intended to solicit property already listed. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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