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Massachusetts Home Buyer Guide

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Your Contractor is not a Massachusetts Home Inspector

Jan 15, 2023 6:35:00 PM

At a home inspection, a listing agent commented that home inspectors just scare homebuyers, and he said he was recommending to his homebuyer clients that they just hire a contractor. Don't do it! That's terrible advice.

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Topics: Home-buying Tips

Salem, MA Home Prices, Sales Decline in November 2022

Dec 30, 2022 9:55:16 AM

The slowing real estate market arrived in Salem, Massachusetts, in November, with single-family and condominium sales plummeting and year-over-year prices dipping for the first time in 2022, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Salem MA

Home-buying Contingencies Massachusetts Homebuyers Should Know About

Dec 21, 2022 3:27:18 PM

Homebuyers must protect themselves and their investment – specifically, their earnest money deposits – by including contingencies in their real estate contracts. 

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Topics: Home-buying Tips

What's an Exclusive Buyer Agent in Real Estate?

Dec 15, 2022 9:08:05 AM

An exclusive buyer agent is a real estate agent who represents only buyers' interests in real estate transactions. 

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Topics: Home-buying Tips

Average Mortgage Interest Rates Decline Four Consecutive Weeks

Dec 8, 2022 5:18:37 PM

Average mortgage interest rates nationally have declined for four weeks, but lower borrowing costs have not increased homebuyer demand. 

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Topics: Massachusetts Association of Realtors, Mortgage Rates & News

A Strange Boston Area Real Estate Market for Home Buyers and Sellers

Dec 7, 2022 6:29:15 PM

Home buyers and sellers have found themselves in an unusual real estate market full of contradictions heading into the winter and 2023.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors

Milton, MA Real Estate Market Cools in October 2022

Nov 30, 2022 4:36:09 PM

The Milton, Massachusetts, real estate market showed signs that demand for single-family homes weakened in October. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Milton MA

Lowell, MA Real Estate Inventory, Sales Plummet in October 2022

Nov 28, 2022 4:12:02 PM

The number of single-family homes and condominiums for sale in Lowell, Massachusetts, plummeted in October 2022, while home sales also dropped. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Lowell MA

Interest Rates More Attractive for Homebuyers

Nov 20, 2022 9:28:21 AM

Average U.S. mortgage interest rates fell for the week ending November 17, 2022, welcome relief for Massachusetts homebuyers struggling with a profound lack of affordability

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Topics: Mortgage Rates & News

Massachusetts Home Sales Fall in October 2022, Affordability an Issue

Nov 18, 2022 10:19:30 AM

Massachusetts single-family home sales plummeted in October year-over-year, the Massachusetts Association of Realtors (MAR) reported recently. 

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Buyer Agents

Rising Home Prices Resulted in Fewer First-time Homebuyers

Nov 16, 2022 7:31:11 PM

A national annual survey showed rising home prices made it difficult for first-time homebuyers to purchase a home between July 2021 and June 2022.

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Topics: Real Estate Market, Real Estate Misc., first-time hombuyer

Signs of a Weaker Milford, MA Real Estate Market in September 2022

Nov 14, 2022 5:36:57 PM

Median prices, sales, and inventory of single-family homes in Milford, Massachusetts, decreased in September 2022 on a year-over-year basis, according to data compiled by the Massachusetts Association of Realtors (MAR). 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Milford MA

   

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