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Massachusetts Home Buyer Guide

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Homebuyers Motivated by Boston's 3rd Highest in Nation Rents

May 9, 2018 9:07:31 AM

The Boston rental market likely is encouraging more tenants to consider homeownership and braving the low inventory Boston area real estate market.

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

Median Condo Price in North End Tops $550K

Jan 5, 2017 12:59:25 PM

The median price of a condominium in Boston's North End neighborhood reached $551,500 through the first 11 months of 2016, according to data compiled by the Greater Boston Association of Realtors. The data included the sparsely populated West End neighborhood. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston

Median Condo Price in Jamaica Plain More Than $500K

Dec 30, 2016 11:15:46 AM

Through the first 11 months of 2016, the median price of a condominium in Boston's Jamaica Plain neighborhood was more than $500,000, according to data compiled by the Greater Boston Association of Realtors. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston

Is Negative Equity Limiting Real Estate Inventory in Greater Boston?

Mar 14, 2016 9:30:00 AM

Negative equity in homes across the United States is holding back the housing market and limiting real estate inventory, the Zillow Group reported March 9, 2016, but data show the percentage of homes in the Boston area underwater was only about half the national average. 

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Topics: Real Estate Market, Mortgage Rates & News, Boston, Boston Relocation

South Boston Median Condo Price Increases Double Digits in 2015

Feb 8, 2016 6:30:00 AM

The median price of a South Boston condominium increased 12.1 percent to $560,000 in 2015, according to data compiled by the Greater Boston Association of Realtors. Condo inventory remained tight, but new condo listings doubled in December. The following infographic provides homebuyers with more details about the South Boston real estate market.  

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, South Boston

Condo Prices Up, Inventory Scarce in Boston's South End

Feb 5, 2016 8:00:00 AM

Boston's South End neighborhood is a hot real estate market, with rising condominium prices and scarce inventory. The median condo price and number of units sold increased in December 2015, as well as the during the full year. The following infographic provides some additional details for potential homebuyers

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, South End MA

Is Your City's Housing Market Healthy? Boston Home Buyers are Happy.

Aug 6, 2015 10:45:04 AM

Boston has happy home buyers, while Las Vegas lacks reliable residents, according to a new study by WalletHub, a consumer finance website. The study looked at how the housing recovery affected consumers across the country. Having the right type of financing could set home buyers up for happy home ownership while risky mortgages could set families up for failure down the road. Metro areas with high equity values, low interest rates and strict lending practices show promise for a stable housing market recovery. The following 1:24-minute video is from USA Today

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Topics: Mortgages 101, Mortgage Rates & News, Video, Boston

How Much Has Real Estate Inventory Actually Fallen in the Boston Area?

May 17, 2015 10:49:54 AM

Inventory. 

It's the word being thrown around quite a bit whenever anyone in the Boston area is talking about or writing about the real estate market. It's usually coupled with words like "tight," "scarce" and "low." It's the reason for the many multiple-offer situations and rising home prices over the last two years.

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Topics: Real Estate Market, Cambridge MA, Boston, Melrose MA, Newton MA, Milton MA, Jamaica Plain MA, Weymouth MA, Watertown MA

Home Buyers Looking For a Green City May Want to Choose Boston

Apr 20, 2015 8:30:17 AM

Who doesn't want to breath fresher air?

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Topics: Real Estate Market, Massachusetts Relocation, Boston

Boston Home Buyers Break Even at Around 3 Years After Buying a Home

Apr 16, 2015 7:30:00 AM

It's not easy for first-time home buyers to save for a down payment, closing costs and the reserves their lender will require they have in their bank accounts after closing. It's especially difficult in the Greater Boston Area. 

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

Boston May Be Walkable, But Driving May Be Less Expensive

Apr 9, 2015 10:43:06 AM

Boston has been in the news lately for its ranking as the third most walkable city in the United States, but ditching the car and living in the city probably isn't a home buyer's least expensive option. 

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc., Braintree MA, Boston, Andover MA, South End MA, Newburyport MA, Back Bay

Boston Condo Sales Dip in 2nd Quarter 2014

Jul 19, 2014 7:58:21 AM

Tight inventory and higher prices certainly factored into the second quarter having the fewest number of condominium sales in a couple of years in Downtown Boston, the Boston Business Journal reported July 17, 2014.  The BBJ obtained the data from the Listing Information Network, or Link, which is a Boston-based company that tracks real estate sales. 

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Topics: Real Estate Market, Massachusetts Home Prices, Boston, South End MA, South Boston, Back Bay

    

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