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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

Cambridge Condo Sales Down, Median Price Up in 2017

Feb 13, 2018 12:52:13 PM

Condominium sales in Cambridge, Massachusetts declined, prices increased, and inventory plunged in 2017, according to data compiled by the Massachusetts Association of Realtors. 

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

So How Difficult is it to Buy a Home in Cambridge, MA?

Aug 7, 2016 8:25:32 AM

A recent article in the Financial Times suggested that buying a home in Cambridge, Massachusetts was more difficult than getting into Harvard. If you have tried to buy a home in Cambridge in the last year or two, you're probably thinking that sounds about right. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Cambridge MA

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

Well, There's Basically No Real Estate Inventory in Cambridge, MA

May 8, 2015 6:37:15 AM

The greater Boston real estate market has had an inventory problem for about two years now, but the situation in Cambridge, Massachusetts is pretty amazing.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Cambridge MA

Cambridge, MA Single-family Home Prices Up More Than 34% in 2014

Nov 19, 2014 8:30:00 AM

Through the first three quarters of 2014, the median price of a single-family home in Cambridge, Massachusetts increased 34.4 percent to $1,250,359 compared to $930,500 during the same nine-month period in 2013, according to data from the Massachusetts Association of Realtors.  

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Cambridge MA

Cambridge, MA Condo Prices Increase 15% Through November 2013

Jan 18, 2014 8:53:00 AM

From January through November 2013, the price of a condominium in Cambridge, Massachusetts increased compared to the same period in 2012, the Massachusetts Association of Realtors reported in December.

The median price of a condominium in Cambridge, MA rose 15.2 percent to $514,250, up from $446,250 during the same eleven months in 2012. During the month of November, the median price increased to $616,750, a 34.4 percent rise from $459,000 for a condo during November 2012.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Cambridge MA

Cambridge, MA Real Estate and Community Guide

Mar 1, 2013 9:17:00 AM

Home to a diverse population, including many students attending several local universities, such as Harvard and Massachusetts Institute of Technology (MIT), and professionals in a myriad of fields and of various ages, Cambridge, Massachusetts is a much sought-after place to live in the Bay State.

Through the many unique communities, both residential and urban, its rich historical influences, and booming professional and cultural sectors, Cambridge, MA real estate, including single-family homes and condominiums, attracts individuals from many walks of life.

Cambridge has a vibrant history, giving residents a cultural experience that is unique from many other places in the country. Founded in 1630, Cambridge was originally named Newe Towne and settled by Puritan colonists under John Winthrop's leadership. Due to many prominent settlers and leaders in the area being graduates from England’s Cambridge University, the name of the city was changed to Cambridge in 1638.

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Topics: Community Information, Massachusetts Relocation, Cambridge MA

Will Greater Boston Home Buyers Ditch Their Landlords in 2013?

Feb 14, 2013 10:15:00 PM

So how much house could you afford, if you ditched your $1,825 per month rent payment for a mortgage? Property taxes vary from town to town, and so do condo fees, but home buyers could probably afford about a $300,000 single-family home or condominium for $1,825 per month, give or take about $15,000.

Using today's interest rates – about 3.5 percent – you can calculate the cost of principal and interest on our simple mortgage calculator.

The Boston Businnes Journal reported February 8, 2013 that one sector of the economy is great. That's Boston's rental housing market, and landloards in the Greater Boston Area are making a killing. 

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Topics: Real Estate Market, Cambridge MA, Boston, Brookline MA, Somerville MA

    

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