Lowell is the fourth largest city in the state of Massachusetts. Lowell was named an "All-America City" in 1999. Lowell maintains many of the amenities of a larger city and prides itself on its small-town feeling. The city neighborhoods are a wonderful blend of older and newer homes. Victorians, Colonials, Capes and Ranches are some of the variety of styles here.
The Lowell real estate market is growing rapidly. New homes are being built in Lowell at a staggering
pace. Much of this Lowell real estate is built with foreign buyers in mind.
Currency exchange rates have made buying real estate in Lowell and the US
in general much more favorable in the last few years.
Over the last several month real estate prices in Lowell has begun to soften
a bit. The softening market has prompted some sellers to increase incentives
to sales agents and buyers, ranging from increasing sales commissions to
reducing pricing. Many believe this presents an opportunity to scoop up
hot Lowell homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home. Many experts and market watchers say the fundamentals underlying Lowell's real estate market remain sound
Whether you’re considering purchasing Lowell Real Estate or refinancing
your existing Lowell home, our direct lending partners feature just about
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