The Wakefield, Massachusetts real estate market saw significant increases in median home prices in 2020 and over the past 10 years, according to data compiled by the Massachusetts Association of Realtors.
If you want to purchase a single-family home or condominium in Wakefield, the following are nine things you should know about the Wakefield real estate market.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Wakefield MA
A buyer agent should never recommend homebuyers waive their home inspection; however, homebuyers have an option to make their offer more appealing without completely giving up their ability to have the property inspected.
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Home-buying Tips
The temperature isn't the only thing cooling down in East Boston. The previously red hot East Boston real estate market is chilling out.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
East Boston MA
What is the recipe for those 11 herbs and spices? How does that cola taste that way? How did they come up with my credit score?
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.
Massachusetts single-family home and condominium sales jumped double digits in November 2020 on a year-over-year basis while prices rose and real estate inventory continued to decline.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News,
New Hampshire,
New Hampshire Association of Realtors,
Rhode Island Association of Realtors
With rising home prices and falling inventory, it's a tough market for homebuyers in Massachusetts. One positive for prospective homebuyers is record-low mortgage interest rates.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
It's hard for experienced real estate professionals to imagine average U.S. mortgage interest rates have reached a new low, but it's true. The 30-year, fixed-rate mortgage loan dropped to an all-time low for the 14th time this year, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Topics:
Real Estate Market,
Massachusetts Association of Realtors,
Mortgage Rates & News,
New Hampshire Association of Realtors,
Rhode Island Association of Realtors
Massachusetts homebuyers should understand their debt-to-income ratio when applying for a mortgage loan because it is one way in which lenders measure your ability to manage monthly mortgage payments.
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Topics:
Home-buying Tips,
Mortgages 101,
Loan Programs
Massachusetts single-family home and condominium sales each increased double digits in October compared to October 2019 while inventory fell again, the Massachusetts Association of Realtors (MAR) reported November 23, 2020.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
Average U.S. mortgage interest rates keep reaching new lows, falling to an all-time low for the 13th time this year, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Topics:
Real Estate Market,
Mortgage Rates & News
Then-candidate and now president-elect Joe Biden proposed several housing initiatives, including a first-time homebuyer tax credit "up to" $15,000.
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Topics:
Real Estate Market,
Home-buying Tips,
Real Estate Misc.,
first-time hombuyer