HomeCATNews UpdatesBusinessUPDATE: Westford Realtor Reflects on Housing Market

UPDATE: Westford Realtor Reflects on Housing Market

-

Subscribe to our mailing list and consider following WestfordCAT on Facebook, YouTube and Instagram for daily updates from Westford's hometown source for news. 

Realtor Mary McCauley delves deep into the sizzling real estate market with WestfordCAT news director Joyce Pellino Crane.

In the interview, Crane asks McCauley if buyers who pay more than $100K over asking price for a house in Westford, will find themselves in financial straits in the future.

“Hopefully they’ve locked in these lower (mortgage) rates…so their payments won’t be affected,” McCauley said. “But you’re right. If this isn’t your forever home and you’re paying hundreds of thousands of dollars over what the list price, you could run the risk of not recuperating that same price when you go to sell it.”

Support WestfordCAT News

Local journalism is vital to our communities. As other publications shift focus toward regional journalism, WestfordCAT continues to provide high-quality hyperlocal reporting to our town, free for everyone to read. So  we have a small favor to ask. Every contribution, no matter how big or small, helps us sustain our journalism and keep our community informed. Please consider supporting WestfordCAT by donating online.