Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

Haverhill, MA Home Prices Fall, Inventory Remains Tight

Mar 11, 2023 7:07:46 PM

Haverhill, Massachusetts, single-family home prices have risen an average of 9 percent since 2017 and 12 percent over the last three years, but house prices have declined for three consecutive months.

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

Massachusetts Single-family Home Price Growth Slows in January 2023

Mar 3, 2023 5:25:11 PM

The median price of a Massachusetts single-family home grew about 9 percent on average from February 2022 through January 2023, but price growth stalled last month, the Massachusetts Association of Realtors reported.

Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

6 Expensive Issues a Home Inspection in Massachusetts Might Uncover

Feb 27, 2023 8:26:10 AM

When purchasing a home, it's essential to ensure that the property is in acceptable condition and free from any unexpected defects that could cost you significant money after closing.

Topics: Home-buying Tips

Seller's Home Inspection Doesn't Replace a Homebuyer's Need for One

Feb 15, 2023 9:07:30 AM

A recent article in the Wall Street Journal suggested that home sellers might want to have their homes inspected before listing them for sale because knowing the property's condition might help with the sale.

Topics: Home-buying Tips

Burlington, MA Condominium Prices Soar in December and 2022

Feb 8, 2023 12:58:54 PM

The median price of a condominium in Burlington, Massachusets, jumped in 2022 and in December, according to data compiled by the Massachusetts Association of Realtors.

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

Massachusetts Home Prices Increase But Price Growth Slows in 2022

Jan 29, 2023 12:01:57 PM

The median price of a Massachusetts single-family home averaged 6 percent growth each month during the final six months of 2022, slowing from an average 11 percent increase per month on a year-over-year basis during the first six months.

Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

Is Buying a Condo a Good Investment in Massachusetts

Jan 19, 2023 8:42:32 AM

Whether or not buying a condo is a good investment or a good idea depends on your personal circumstances and your preferences in a home. There are several factors to consider.

Topics: Home-buying Tips, Condominium

What Homebuyers Need to Know About a Plot Plan in Real Estate

Jan 17, 2023 10:33:49 PM

A plot plan is a detailed drawing of a piece of real estate that shows the property's boundaries, any structures on the property, and the property's location in relation to the surrounding area.

Topics: Home-buying Tips, Real Estate Misc.

What is Causing Norwood, MA Home Sales to Plummet?

Jan 16, 2023 12:27:50 PM

Conventional wisdom would have you believe home sales are plunging in recent months solely because of higher mortgage interest rates. That's only part of the story.

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

Your Contractor is not a Massachusetts Home Inspector

Jan 15, 2023 6:35:00 PM

At a home inspection, a listing agent commented that home inspectors just scare homebuyers, and he said he was recommending to his homebuyer clients that they just hire a contractor. Don't do it! That's terrible advice.

Topics: Home-buying Tips

Salem, MA Home Prices, Sales Decline in November 2022

Dec 30, 2022 9:55:16 AM

The slowing real estate market arrived in Salem, Massachusetts, in November, with single-family and condominium sales plummeting and year-over-year prices dipping for the first time in 2022, according to data compiled by the Massachusetts Association of Realtors.

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

Home-buying Contingencies Massachusetts Homebuyers Should Know About

Dec 21, 2022 3:27:18 PM

Homebuyers must protect themselves and their investment – specifically, their earnest money deposits – by including contingencies in their real estate contracts.

Topics: Home-buying Tips