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Massachusetts Home Buyer Guide

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Burlington, MA v. Bedford, MA: September 2024 Real Estate Trends

Nov 6, 2024 12:33:06 PM

In September 2024, the real estate markets in Burlington, Massachusetts, and Bedford, Massachusetts, showed notable shifts compared to the same month last year. 

Single-family home sales declined in Burlington and grew in Bedford. In September, Burlington had no condominium sales, and Bedford condo sales plummeted 67 percent. 

From January through September, single-family home sales remained relatively stable year over year, while condominium sales softened, especially in Burlington. 

The following data from the Massachusetts Association of Realtors provides more details. 

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

Peabody, MA v. Danvers, MA September 2024 Real Estate Trends

Oct 31, 2024 6:20:10 PM

If you're considering buying a home in Danvers, Massachusetts, or Peabody, Massachusetts, the latest market trends offer helpful insights.

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

Mortgage Interest Rates Rise Again

Oct 25, 2024 7:34:29 PM

The 30-year, fixed-rate mortgage loan has risen for four consecutive weeks after reaching its lowest level in two years about four weeks ago, according to Freddie Mac's Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Understanding Buyer Agency Agreements: A Guide for Homebuyers

Oct 12, 2024 7:54:01 AM

If you're embarking on your home-buying journey and want a buyer agent to help navigate the process, you must sign a written buyer agency agreement.

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Topics: Home-buying Tips, Real Estate Misc.

Greater Boston Home Prices, Inventory Up in August 2024

Sep 27, 2024 5:27:11 PM

Greater Boston home buyers faced higher prices despite more inventory in August, the Greater Boston Association of Realtors reported.

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

What Does the NAR Settlement Mean for Boston Area Home Buyers?

Sep 20, 2024 11:41:44 AM

Journalists and others have written many articles about the settlement between the National Association of Realtors (NAR) and plaintiff attorneys regarding commissions.

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Topics: Home-buying Tips, Real Estate Misc., National Association of Realtors

Why First-time Homebuyers Should Consider Rehab Loans

Sep 4, 2024 9:26:19 PM

A rehabilitation loan allows home buyers to purchase a home that may need repairs or renovations and bundle the costs of those improvements into their mortgage.

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

Expect More ADUs Near You

Aug 19, 2024 10:39:44 AM

Massachusetts homeowners and prospective home buyers should expect to see thousands more accessory dwelling units (ADUs) in neighborhoods throughout the state in the coming years after the signing of a new law.

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Topics: Home-buying Tips, Community Information, Real Estate Misc., Real Estate Law, Homeowner Tips

Massachusetts Homebuyers Should Know About Accessory Dwelling Units

Aug 16, 2024 10:06:01 AM

An accessory dwelling unit (ADU) is not a new concept.  ADUs have been around in some form in the United States for nearly as long as housing. 

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Topics: Home-buying Tips, Real Estate Misc., Real Estate Law, Homeowner Tips

MA Legislature Prohibits Waiving Home Inspections

Aug 9, 2024 4:39:16 PM

The Massachusetts House of Representatives and Senate agreed on a final $5.16 billion housing bond bill that included Senate language prohibiting offers to purchase a home conditioned on a home buyer waiving or limiting their rights to a home inspection.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc.

Stoneham, MA v. Wakefield, MA: Where Did Homebuyers Pay More?

Jul 5, 2024 6:50:36 PM

The real estate markets in Stoneham, Massachusetts, and Wakefield, Massachusetts, were competitive during 2024's first five months, but more so in Stoneham.

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

Boston Area Multiple Listing Service (MLS). What is it?

Jun 20, 2024 2:38:07 PM

Ever wondered how thousands of homes magically appear on real estate websites? The answer lies in a powerful tool called the Multiple Listing Service (MLS). But what exactly is the MLS, and how does it benefit everyone involved in a real estate transaction?

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Topics: Home-buying Tips, Real Estate Misc.

   

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