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Massachusetts Home Buyer Guide

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Biden $10,000 Annual Tax Credit Plan Receives Praise, Criticism

Mar 14, 2024 1:57:26 PM

President Joseph Biden unveiled a comprehensive plan last week to reduce housing costs and make homeownership more accessible, particularly for first-time home buyers and low-income families.

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc.

Mortgage Rates Decline, Similar to Year Ago

Mar 11, 2024 7:50:42 AM

Mortgage rates in the United States declined on average for the week ending March 7, 2024, and were slightly above rates last year, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Real Estate Market, Mortgage Rates & News, New Hampshire Association of Realtors, New Hampshire Home Prices, Rhode Island Home Prices

When Do Home Buyers Make Their First Mortgage Payment?

Mar 2, 2024 5:26:43 PM

Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.

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Topics: Home-buying Tips, Mortgages 101, Real Estate Misc.

Flood Insurance 101: Essential Guide for First-Time Homebuyers

Mar 1, 2024 2:51:31 PM

In a recent episode of the NAEBA podcast "Listen Up Homebuyers," host Victoria Ray Henderson spoke with Jeff Jackson, Deputy Assistant Administrator for the Federal Insurance Directorate, who oversees flood insurance operations for FEMA's National Flood Insurance Program.

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Topics: Home-buying Tips, Real Estate Misc.

Melrose, MA 2023 Sales Fall, Prices Rise; Inventory Remains Tight

Feb 29, 2024 2:45:01 PM

The median house price in Melrose, Massachusetts, continued upward in 2023 as inventory remained tight, but price growth slowed compared to the previous three years.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Melrose MA

Boston Rents: Investor Heaven, Renter Hell

Feb 14, 2024 7:14:02 AM

A recent Boston Business Journal headline proclaimed, "Renters, beware: Boston ranks #1 in the U.S. for apartment investors." How do housing consumers fight back?

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Topics: Real Estate Market, Real Estate Misc.

North Andover, MA Real Estate Market: 9 Things to Know

Feb 9, 2024 5:13:57 PM

Regarding median price, the North Andover, Massachusetts, real estate market cooled slightly in 2023, but inventory remained extremely tight, so home buyers should expect continued competition for homes in 2024.

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Topics: Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, North Andover MA

U.S. Mortgage Interest Rates Spike on Jobs Report

Feb 3, 2024 10:02:05 AM

After declines earlier in the week, a stronger-than-expected jobs report sent U.S. mortgage interest rates soaring on Friday, February 2, 2024, according to the Mortgage News Daily (MND) Rate Index.

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Topics: Mortgage Rates & News, Mortgage News Daily

Acton, MA v. Westford, MA: Real Estate Market Comparison

Feb 1, 2024 3:11:31 PM

Westford, Massachusetts, and Acton, Massachusetts, neighboring communities northwest of Boston in Middlesex County, experienced double-digit declines in single-family sales and modest median price growth in 2023.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Westford MA, Acton MA

Arlington, MA Real Estate Market: A Look at 2023 v. 2022 Trends

Jan 19, 2024 2:19:43 PM

The real estate market in Arlington, Massachusetts, was a mixed picture in 2023, with single-family home prices flat and condominium prices jumping double digits, according to the Massachusetts Association of Realtors (MAR).

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Arlington MA, Massachusetts Association of Realtors

Massachusetts Home Prices Rise Modestly, Sales Plummet in 2023

Jan 17, 2024 9:22:39 AM

Massachusetts home prices rose modestly in 2023 as price growth slowed compared to the previous three years, and sales plummeted, according to data compiled by the Massachusetts Association of Realtors (MAR).

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors

Haverhill, MA Home Prices Rose in 2023, But More Slowly

Jan 15, 2024 8:18:17 AM

Haverhill, Massachusetts, single-family home and condominium prices increased in 2023 compared to 2022, but price growth slowed, according to data compiled by the Massachusetts Association of Realtors (MAR).

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Haverhill MA

   

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