Many real estate professionals wondered whether Thanksgiving and new federal regulations were going to slow home sales in November. In addition to holiday preparations in November, the new Truth-in-lending RESPA Integrated Disclosure (TRID) rules took effect for mortgage applications made on or after October 3, 2015.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
The Warren Group
If Boston renters needed one more reason to make buying a home their New Year's resolution, landlord's happily provided it. Boston area rents jumped 7 percent to an average $2,245 in November compared to November 2014, the Boston Business Journal reported December 31, 2015. Zillow, a real estate data company, revealed the rental information in a new report on December 30, 2015.
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Topics:
Real Estate Market,
Real Estate Misc.
Not since Y2K have so many predicted such great disruption and chaos in our lives.
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Topics:
Home-buying Tips,
Mortgages 101,
Mortgage Rates & News,
Real Estate Law
Although the median price of a single-family home in Wilmington, Massachusetts increased through October, tight inventory kept home sales essentially flat during that time frame, according to data obtained from the Massachusetts Association of Realtors.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Wilmington MA
The median price of a single-family home in Plymouth, Massachusetts increased in October 2015, and homes sales also rose, according to data compiled by the Massachusetts Association of Realtors. Condominium sales increased in October, but the median condo price declined. The following are eight statistics homebuyers should know about the Plymouth real estate market.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Plymouth MA
Median home prices and sales increased through October 2015 in Burlington, Massachusetts, according to data compiled by the Massachusetts Association of Realtors. Condominium prices and sales also increased. The following are six statistics homebuyers should know about the Burlington real estate market.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Burlington MA
From January through October the median price of a single-family home in Stoneham, Massachusetts increased, but home sales declined slightly, according to data compiled by the Massachusetts Association of Realtors. Condominiums prices in Stoneham declined, as well as condo sales through October. The following are seven real estate market statistics you should know about Stoneham.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Stoneham MA
The 2015 New Hampshire real estate market is on track for the most residential sales since 2016 after a strong November, according to data compiled by the New Hampshire Association of Realtors.
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Topics:
Real Estate Market,
New Hampshire
MassHousing launched Operation Welcome Home last month, a new conventional loan product for eligible Veterans that combines a traditional 97 percent loan-to-value first mortgage with a zero-interest second mortgage of up to 3 percent to create a 100 percent financing product that offers essentially the same attributes of a traditional VA loan.
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Topics:
Mortgages 101,
Real Estate Misc.,
Mortgage Rates & News
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