The United States Department of Housing and Urban Development (HUD) recently rolled out a new program designed to revitalize certain targeted geographic areas. Through HUD’s Good Neighbor Next Door program, certain Massachusetts homebuyers can purchase a HUD-owned property for a 50 percent discount on the list price of the home.
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Topics:
Foreclosure News,
Home-buying Tips,
Real Estate Misc.
October Marked the 20th Straight Month of Year-over-year, Double-digit Increases in Foreclosure Petition Filings
The number of Massachusetts foreclosure petitions recorded in October increased 17.6 percent to 1,135 compared with 965 recorded in October 2014, The Warren Group, publisher of Banker & Tradesman, reported December 3, 2015.
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
Looking for a condominium in Massachusetts? You're going to have to be ready when new listings in your desired location and price range hit the market.
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Topics:
Real Estate Market,
Condominium
The average 30-year, fixed-rate mortgage interest rate in the United States remained less than 4 percent when it declined to 3.95 percent from 3.97 percent the previous week, according to government-sponsored mortgage buyer Freddic Mac.
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Topics:
Mortgage Rates & News
The Massachusetts real estate market continued its strong 2015 in October, with double-digit sales increases and modest home price increases statewide.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
The Warren Group
Massachusetts, New Hampshire, and Rhode Island Allow Dual Agency
Dual Agency is when a real estate agent represents both the seller and the homebuyer in the same real estate transaction. In such a case, that real estate professional is known as a dual agent.
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Topics:
Home-buying Tips,
Condominium,
Real Estate Misc.,
Real Estate Law
Should Boston area listing agents schedule open houses the same time as a New England Patriots game?
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Topics:
Home-buying Tips,
Real Estate Misc.
It's true. Massachusetts foreclosure petitions have increased 19 straight months on a year-over-year basis.
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
The following audio [11:41] is about the latest Massachusetts real estate market data through September 2015. The data was compiled by both The Warren Group and the Massachusetts Association of Realtors and released October 27, 2015. Rich Rosa, co-founder and co-owner of Buyers Brokers Only, LLC, discussed the Greater Boston Area real estate market on Boston Herald Radio's BizSmart show on October 29, 2015.
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Topics:
Real Estate Market,
Condominium,
Massachusetts Association of Realtors,
The Warren Group
Massachusetts home sales increased in September, the third quarter and through the first nine months of 2015, and the median home price has increased modestly, The Warren Group, publisher of Banker & Tradesman, reported October 27, 2015.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
The Warren Group
In addition to the down payment, homebuyers need to pay closing costs. Closing costs are the collection of fees, expenses, and charges associated with purchasing a home with a mortgage loan.
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.,
Massachusetts Relocation