Hello 2023!

So far things are off to a busy start... although January often kicks off like after the holidays! No one really knew what to expect this year - the fall and winter market really slowed down, with longer days on market, more price drops and of course record high interest rates which deeply impacted many buyers, and in turn sellers. We probably had more home inspections than we'd had in the past few years combined (because buyers could negotiate again!), so we are hopeful for a more even-keeled market this coming spring vs the wild wild west of the past few years!!!
A few things to expect this year:

-a strong, steady market - mortgage applications are up significantly which is a sign many buyers are ready to get back out there
-an improvement in interest rates - they are hovering closer to 5-6% now give or take depending on the loan type and program, with some even in the 4s
-low inventory - less homes for sale will continue to drive the strength of the market
-more stabilization of prices - expect there still to be competition and bidding wars on hot, well-priced homes in hot neighborhoods; but overall things have cooled down especially in certain markets & price points.
-creative mortgage programs - first time buyer incentives, rate buy downs, and even the re-emergence of bridge loans & buy-first programs, financing designed to help sellers be able to buy before selling

If you're thinking about buying or selling this year, please reach out anytime - or if you'd just like a market analysis of your home, we are happy to send along a virtual version to give you an idea of your equity!
In our first year as a team, we made the top 10!!
The 2022 year-end numbers are officially in — one year as a team and Fleet Homes is #3 out of all Newton teams!!!! 🙌🙌🙌 And equally amazing, *Keller Williams Chestnut Hill* took the TOP 3 SPOTS & 4 of the top 10 — look at those numbers!!! 
Development Project
Melanie's building project is in full swing and SO close to completion - two luxury townhouses on the North Side of Newton coming this spring. Hardwood flooring to go in this week, then the kitchen & bathroom vanities, some lighting, final paint touches.. and this baby should be ready to go on the market! Stay tuned for our pre-market opening party and follow us on IG for updates!

See more photos here.
Our Team Is Growing!
We just welcomed our newest buyer’s agent Alejandra to the team — growing Fleet Homes one rockstar at a time!! ⭐️❤️

A millennial homeowner herself, Alejandra’s focus and passion has always been assisting first time home buyers; and with a background in business and marketing, she’s a true entrepreneur who brings a fresh perspective and solution-based attitude to both the team and her clients. Alejandra is also fluent in Spanish and finds pride in being able to help the Latino community build wealth through real estate as well.
and then there were 5...
Fleet Homes is officially a team of 5 fabulous rockstar women!! Love these ladies, and so excited and honored to have them by my side in 2023! #GirlPower
Fleet Homes | KW Chestnut Hill
1121 Washington St Suite #5
West Newton, MA 02465
508-439-3099 | mfleet@kw.com