If you’ve been looking to purchase a new home recently, it’s no secret that mortgage rates are on the rise. Maybe you’ve been considering an adjustable rate mortgage or you’re looking for a more traditional 30-year fixed rate mortgage. Either way, the whole process these days is stressful. Rates go up, rates come down, and you’re left guessing and hoping you’re making the right choice. Or you’ve stopped looking completely. Sound familiar?
If you’re feeling burnt out on the buying process, consider new construction, specifically a new construction condominium. Investing in pre-construction is a fantastic way to build equity and realize real estate appreciation gains. It’s also, a savvy investment strategy for today, tomorrow, and your financial future, especially given the recent rise in inflation and unpredictable stock market.
New construction condominium buildings have a much simpler buying process. It’s streamlined and there are opportunities available to new development buyers that are not available to those in the market for something already built. Given this recent (and rapid) rise in mortgage rates, we’ve seen several of our new development sales and marketing clients start to work hand in hand with their preferred lenders to bring incredible savings to new buyers.
Are you looking to save money while building equity and enjoying all the comforts and conveniences new construction buildings provide? Take a look at some of the exclusive offers available only at CHARLESGATE's new development condominiums.
Mira, East Boston - 64 brand new style-forward condos for those looking for urban living in an authentic city spot. Mira’s preferred lenders and several local banks are offering low-interest rate specials and incentives just for Mira buyers! 30-year mortgage interest rates start at 3.25%. Please note, all rates are subject to change and not all buyers will qualify for certain rates and/or specific mortgage/lender programs. Curious to learn more? Contact Matt and the Mira sales team for more details. Mira is slated to open later in 2022 with residences available starting in the $500,000s.
50 Leo, Brighton - 49 sleek, modern, and meticulously crafted condominiums in one of Boston's hottest neighborhoods. Only a few units remaining with the building opening this spring! The development team at 50 Leo is offering 5 years of free condo fees for any home put under agreement before Memorial Day. Want to take advantage of this incredible offer? Contact Beatrice at 50 Leo before time runs out! Residences at 50 Leo start at $499,000.
Cadence on Leo, Brighton - 79 residences set a new standard of sophistication in one of Boston’s most alluring neighborhoods. Cadence on Leo is already 50% pre-sold and is scheduled to open in early 2023. Studio, one, one-plus, and two-bedroom layouts are available starting at $550,000. If you’re an owner-occupant buyer, the Cadence on Leo preferred lenders have low interest rate programs and down payment incentives worth up to $17,500 at your closing. Talk to Cadence's Senior Sales Manager Jessica to learn more!
Nevins Hill, Brighton - A refreshing retreat to call home. 55 condominiums with timeless design and impeccable attention to detail. Nevins Hill just reached 65% pre-sold! Demand is sky-high for these exceptional residences perched above it all in Brighton. For a limited time, Nevins Hill is offering a one-year rate lock option for buyers. Get in touch with the Nevins Hill sales team to get more details. Breathe easy and buy with confidence at Nevins Hill. Homes are available starting at $800,000.