Joshua Racicot -Northpointe Bank

🏡 Waiting for home prices to drop? You might be waiting longer than you think.

According to MassInc, a nonprofit that tracks housing affordability in Massachusetts, the demand is far outpacing supply. New Bedford would need to build 4,635 new housing units over the next 10 years just to keep up with today’s demand—and Fall River is even tighter, needing 5,248 units just to house its current population.

👉 Bottom line: Home prices aren’t likely to come down anytime soon.

The good news? You still have options. There are some great programs designed to make homeownership more affordable. For example, MassHousing is opening up its down payment assistance program on 4/27 for buyers earning up to $155K in Bristol County.

And here at Northpointe, we offer our own Launch Down Payment Assistance Program, which can provide up to $20,000 for first-time homebuyers.

If you’ve been on the fence, now might be the time to act—the cost of waiting is real.

💬 Know someone thinking about buying their first home? I’d love an introduction—feel free to tag them, share this post, or send them my way!

🏡 Real Story. Real People. Real Win. 🏡

When a longtime rental unexpectedly sold, these clients weren’t sure where they’d land next. Their rental was sold, they had credit challenges, and no down payment saved. Homeownership felt completely out of reach.

We didn’t panic—we made a plan. 👊

✅ Pulled credit and created a clear improvement strategy
✅ Got them pre-approved with down payment assistance
✅ Negotiated seller credits to cover closing costs

Just 3 months later, they closed on their forever home with very little money out of pocket. No more worrying about rising rent or sudden moves—just stability and a place to truly call home. ❤️

If you or someone you know thinks buying isn’t possible because of credit, savings, or past setbacks… don’t count yourself out. A conversation and a plan can change everything.

👉 Know someone who could use help like this? I’d be grateful for the introduction—send them my way!

Their journey started with one message.

Thinking about buying a new home? Now might be the perfect time 👀

The spring market is officially heating up—I just had two buyer clients submit offers! 🎉

Affordability has improved and inventory is on the rise, which means more choices and more opportunities for buyers right now.

If you—or someone you know—has been waiting on the sidelines, this could be their moment. Feel free to tag a friend or send them my way—I’m always happy to help! 🏡✨