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Massachusetts Home Buyer Guide

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What Exactly is a Massachusetts Realtor?

Feb 8, 2013 9:11:00 AM

In real estate, there are dozens of industry terms that can be confusing or overwhelming.  Condex, LTV, ARM, Assessed vs. Appraise valued, FSBO, REO, Short Sale, BOM, etc.  It’s endless.

There are even many different ways to refer to real estate agents: agent, broker, realtor.  Are these terms all the same thing; can they be used interchangeably?  Here is some clarification on what each title means and what exactly is a Massachusetts Realtor.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc., National Association of Realtors

New Hampshire Home Sales Increase, Median Price Flat 2012

Feb 4, 2013 4:08:00 PM

New Hampshire saw a dramatic increase in home sales in 2012 while median prices were flat last year, the New Hampshire Union Leader reported January 24, 2013.  

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Topics: Real Estate Market, New Hampshire, New Hampshire Association of Realtors

Sales of Boston Condos Increase in 2012, Luxury Condo Market Hot Too

Feb 1, 2013 9:16:00 AM

For Boston condo buyers and buyer agents serving the Downtown Boston condo market, including the luxury condo market, it probably isn't news that condo sales soared in 2012.

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Topics: Real Estate Market, Boston

Lack of Inventory Continues to be the Challenge for MA Home Buyers

Jan 29, 2013 11:30:00 AM

The inventory of Massachusetts single-family homes as of December 31, 2012 decreased 28.1 percent from December 2011 (25,073 listings in 2011 to 18,021 listings in 2012), according to the Massachusetts Association of Realtors

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Topics: Real Estate Market, Massachusetts Association of Realtors

Fewer Massachusetts Foreclosed Homes Sold in 2012

Jan 26, 2013 8:30:00 AM

A total of 1,617 single-family home sales were bank-owned properties, representing 3.4 percent of all single-family sales in 2012. The number of foreclosed homes sold decreased from 2011, when bank-owned properties accounted for 3.8 percent of all single-family home sales in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.  

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Topics: Real Estate Market, Foreclosure News, The Warren Group

MA Home Buyers Make 2012 Best Since 2006, Sales and Prices Increase

Jan 25, 2013 5:05:00 PM

The Massachusetts year-end real estate sales numbers are out, and the results are no surprise to real estate professionals and home buyers working in and buying real estate in 2012. 

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Topics: Real Estate Market, The Warren Group

Home Buyers Also Benefit From Tax Break For Forgiven Mortgage Debt

Jan 20, 2013 9:50:00 AM

Homeowners aren't the only people to benefit from a tax break for forgiven mortgage debt that was set to expire December 31, 2012, but was extended by Congress and President Obama when they narrowly averted the “fiscal cliff” crisis.

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Topics: Home-buying Tips, Mortgage Rates & News, Short Sales

Low Interest Rates Still Available to Massachusetts Home Buyers

Jan 17, 2013 5:53:00 PM

Massachusetts home buyers, and home buyers around the country, still have super low mortgage interest rates available to them for the purchase of a home

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Topics: Mortgage Rates & News

Homebuyers Drive Mortgage Applications Up

Jan 14, 2013 5:30:00 PM

After three straight weeks of declines, the Mortgage Bankers Association (MBA) reported last week that U.S. mortgage applications increased 11.7 percent. 

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Topics: Mortgage Rates & News

Home Prices Show Continued Housing Recovery in Boston, Nationally

Jan 13, 2013 8:21:00 AM

US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes, Time Magazine reported December 26, 2012.

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Topics: Real Estate Market

MA Pending Home Sales Up in December and All of 2012

Jan 11, 2013 9:02:00 PM

More affordable prices, low mortgage interest rates and maybe some pent up demand resulted in Massachusetts home buyers signing many more purchase and sale agreements in 2012.

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Topics: Real Estate Market, Massachusetts Association of Realtors

2012 Most Affordable Year For U.S. Home Buyers

Jan 9, 2013 6:24:00 PM

With data available through November, 2012 will go down as a record year for favorable housing affordability conditions, and a great year for home buyers who could obtain a mortgage, according to the National Association of Realtors (NAR).

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Topics: Real Estate Market, Real Estate Misc., National Association of Realtors

   

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