The cost of homeowners insurance in Massachusetts varies depending on several factors, including the value of your home, the coverage, the deductible, and the insurance company you choose. The average cost of homeowners insurance in Massachusetts is $1,320 per year, according to NerdWallet. That's 27 percent less than the national average of $1,820.
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Home-buying Tips,
Real Estate Misc.
Average U.S. interest rates for the 30-year, fixed-rate mortgage loan decreased for the third consecutive week for the week ending March 30, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).
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Real Estate Market,
Mortgage Rates & News
Whether you're a first-time home buyer, moving to Massachusetts, or you last purchased a home several years ago, you will want to educate yourself on the current state of the Massachusetts real estate market.
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Real Estate Market,
Home-buying Tips,
Massachusetts Home Prices
Massachusetts single-family home sales declined year-over-year in February 2023, the 20th consecutive month, the Massachusetts Association of Realtors (MAR) reported on March 20, 2023.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors
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.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Haverhill MA
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.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
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.
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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.
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Home-buying Tips
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.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Burlington MA
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.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
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.
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Home-buying Tips,
Condominium
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.
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Topics:
Home-buying Tips,
Real Estate Misc.