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The average rate for a 30-year, fixed-rate mortgage hit 4.72 percent on Tuesday, March 22, 2022, moving 26 basis points higher since Friday, according to Mortgage News Daily.
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Mar 23, 2022 10:18:55 AM
The average rate for a 30-year, fixed-rate mortgage hit 4.72 percent on Tuesday, March 22, 2022, moving 26 basis points higher since Friday, according to Mortgage News Daily.
Topics: Real Estate Misc., Mortgage Rates & News
Mar 6, 2022 12:37:26 PM
Massachusetts home buyers gearing up to buy their first home this year need to know the number one tip to prepare for the 2022 real estate market. It's simple but critical for success.
Topics: Home-buying Tips, Loan Programs, Real Estate Misc.
Feb 27, 2022 10:14:35 AM
After a decade of rising home prices in Massachusetts, it's not surprising prospective homebuyers are asking, "Will the real estate market crash in 2022?"
Topics: Real Estate Market, Home-buying Tips, Real Estate Misc.
Feb 20, 2022 5:43:39 PM
One of the attractions of living in a condominium is the freedom from exterior maintenance, such as mowing lawns and cleaning pools. Community amenities like clubhouses and tennis courts offer additional recreation and entertaining options not always possible in a single-family home.
Topics: Home-buying Tips, Condominium, Real Estate Misc.
Feb 17, 2022 10:30:35 AM
Massachusetts home buyers are responsible for certain "prorated" items in addition to their down payment, closing costs, pre-paid interest, and escrowed taxes.
Topics: Home-buying Tips
Jan 29, 2022 12:48:35 PM
Real estate inventory was scarce last year. Then bidding wars ensued. Homebuyers waived way too many contingencies, and they were outbid anyway, once or twice, or maybe 15 times. Home prices increased by double digits. Many persistent buyers succeeded in purchasing a home, and others did not.
Topics: Real Estate Market, Massachusetts Home Prices, Arlington MA, Massachusetts Association of Realtors, Melrose MA, Walpole MA, Westwood MA, Rockland MA, Rowley MA, Beverly MA, Medway MA
Jan 26, 2022 12:45:00 PM
Buying a condominium in the Boston area or around Massachusetts can be a great home option, but there is much for homebuyers to consider before deciding which condo or townhouse is a smart choice. Finding the right condominium requires home buyers to do their due diligence. The following 12 questions to ask will help you make a well-informed decision, avoid potential pitfalls, and learn how to buy a condo in Massachusetts.
Topics: Home-buying Tips, Condominium
Jan 26, 2022 11:59:00 AM
Homebuyers moving to the Boston area should familiarize themselves not only with real estate property taxes, but also several other taxes that will impact the overall cost of relocating to Massachusetts. Besides real estate property taxes, Massachusetts has an income tax, a sales tax, an excise tax, and a tax related to the failure to obtain health insurance.
Topics: Real Estate Misc., Massachusetts Relocation, Boston Relocation
Jan 24, 2022 7:56:59 PM
In real estate, a "flip," or "flipped home," is when a real estate investor purchases a home that typically is in some stage of distress, makes repairs to and updates the property, intending to resell it quickly to a homebuyer for a profit.
Topics: Home-buying Tips, Real Estate Misc., first-time hombuyer
Jan 15, 2022 6:34:07 PM
Mortgage loan interest rates in the United States increased 23 basis points for the week ending January 13, 2022, approaching a two-year high, according to Freddie Mac's weekly Primary Mortgage Market Survey.
Topics: Mortgage Rates & News
Dec 18, 2021 7:34:42 PM
For the past 40 years, the National Association of Realtors (NAR) has published an annual report on the state of the nation's real state market. The 2021 report covers the peak of the COVID-19 crisis and offers some interesting insights on homebuyer behavior in the past year.
Topics: Real Estate Market, Real Estate Misc., National Association of Realtors, first-time hombuyer
Dec 6, 2021 4:45:00 PM
An unfortunate scenario repeatedly occurs every weekend in the Greater Boston area. It plays out something like this.
Topics: Home-buying Tips, Real Estate Misc.
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