Purchasing a new home is a significant investment. Homebuyers should consider the total cost of home ownership, so protecting themselves from unexpected expenses is a reasonable concern.
Massachusetts Home Buyer Guide
Navigating Home Warranty Contracts with Confidence in Massachusetts
Sep 20, 2023 12:32:51 PM
Topics: Home-buying Tips, Real Estate Misc.
Just How Low Can Massachusetts Real Estate Inventory Go?
Aug 31, 2023 12:04:00 PM
The number of single-family and condominium homes for sale in Massachusetts plunged in July compared to July 2022, according to data compiled and released by the Massachusetts Association of Realtors (MAR) earlier this month.
Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, New Hampshire Association of Realtors, Greater Boston Association of Realtors, Rhode Island Association of Realtors, New Hampshire Home Prices, Rhode Island Home Prices
Single-family Home vs. Condo: Which is Right For You?
Aug 29, 2023 6:47:35 PM
Are you a prospective first-time homebuyer trying to decide whether a condominium or a single-family home is best for your lifestyle?
Topics: Home-buying Tips, Condominium, Real Estate Misc., first-time hombuyer
Should First-time Home Buyers Wait for Interest Rates to Decline?
Aug 26, 2023 2:34:07 PM
The average U.S. mortgage interest rate reached its highest level since 2001 for the week ending August 24, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey.
Topics: Real Estate Market, Mortgage Rates & News
Are Higher Mortgage Rates to Blame for Scarce Real Estate Inventory?
Jul 23, 2023 5:23:12 PM
Mortgage interest rates have risen in recent months, significantly impacting Massachusetts and other real estate markets, primarily leading to fewer homes for sale.
Topics: Real Estate Market, Home-buying Tips, Massachusetts Association of Realtors, Mortgage Rates & News
Waiving the Appraisal Contingency: What Home Buyers Should Consider
Jul 17, 2023 10:37:39 AM
In highly competitive real estate markets, home buyers often contemplate waiving essential contingencies to make their offers more attractive to sellers.
Topics: Home-buying Tips, Real Estate Misc.
Indirect Hot Water Tanks: What Home Buyers Should Know
Jul 11, 2023 9:21:07 PM
Most prospective Massachusetts home buyers assume the tank near a home's heating system is a hot water heater, producing hot water for showers, washing clothes, or cleaning dishes. Most of the time, that's correct, but not always.
Topics: Home-buying Tips, Real Estate Misc.
9 Places in Massachusetts Where House Prices Have Fallen in 2023
Jul 9, 2023 10:58:09 AM
Sale price growth for single-family homes has slowed across Massachusetts over the last six months, but the median house price has increased in most cities and towns. On the other hand, the following nine cities and towns have seen single-family home prices decrease so far in 2023, according to the Massachusetts Association of Realtors.
Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News, Wilmington MA, Chelmsford MA, Salem MA, Easton MA, Natick MA, Salisbury MA, Abington MA, Littleton MA, North Reading MA
Mortgage Interest Rates Reached Highest Level in 2023
Jul 7, 2023 7:59:37 PM
The average rate for a 30-year, fixed-rate mortgage climbed to its highest point this year, reaching levels not seen since last fall, according to Freddie Mac's weekly Primary Mortgage Market Survey for the week ending July 6, 2023.
Topics: Mortgage Rates & News
Will Slower Price Growth Mean More Massachusetts Homes For Sale?
Jun 29, 2023 6:59:17 PM
The growth in the median price of a Massachusetts single-family home has slowed over the past six months, but it's unclear whether the slowdown in price growth will trigger an increase in inventory.
Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors
Buying a House With Solar Panels: What Home Buyers Need to Know
Jun 13, 2023 8:02:38 PM
As more homeowners look for ways to protect the environment and save money on energy costs, more prospective home buyers in Massachusetts will consider buying a house with solar panels installed.
Topics: Home-buying Tips, Real Estate Misc.
Will Jump in U.S. Mortgage Interests Rates Weaken Homebuyer Demand?
Jun 1, 2023 3:46:29 PM
The average rate in the United States for the 30-year, fixed-rate mortgage rose nearly a half point for the week ending June 1, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).
Topics: Mortgage Rates & News
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