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Massachusetts Home Buyer Guide

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MA Legislature Prohibits Waiving Home Inspections

Aug 9, 2024 4:39:16 PM

The Massachusetts House of Representatives and Senate agreed on a final $5.16 billion housing bond bill that included Senate language prohibiting offers to purchase a home conditioned on a home buyer waiving or limiting their rights to a home inspection.

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

Stoneham, MA v. Wakefield, MA: Where Did Homebuyers Pay More?

Jul 5, 2024 6:50:36 PM

The real estate markets in Stoneham, Massachusetts, and Wakefield, Massachusetts, were competitive during 2024's first five months, but more so in Stoneham.

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

Boston Area Multiple Listing Service (MLS). What is it?

Jun 20, 2024 2:38:07 PM

Ever wondered how thousands of homes magically appear on real estate websites? The answer lies in a powerful tool called the Multiple Listing Service (MLS). But what exactly is the MLS, and how does it benefit everyone involved in a real estate transaction?

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Topics: Home-buying Tips, Real Estate Misc.

Andover, MA v. North Andover, MA: April 2024 Real Estate Trends

May 30, 2024 5:15:37 PM

The cost of a single-family home in Andover, Massachusetts, soared double digits during the first four months of the year, outpacing neighboring North Andover, Massachusetts, according to a sales analysis by the Massachusetts Association of Realtors.

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

Medford, MA v. Malden, MA: April 2024 Real Estate Market Comparison

May 28, 2024 6:03:17 PM

It's more expensive to buy a single-family home in Medford, Massachusetts, compared to Malden, Massachusetts, and prospective Medford home buyers are paying a higher percentage over the original listing price, according to data compiled by the Massachusetts Association of Realtors (MAR).

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

Haverhill, MA v. Methuen, MA: April 2024 Real Estate Market Comparison

May 24, 2024 2:00:28 PM

Single-family home sales in Methuen, Massachusetts, outpaced sales in Haverhill, Massachusetts, in April 2024, while the median price in both cities increased, according to data compiled by the Massachusetts Association of Realtors. 

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Topics: Real Estate Market, Community Information, Massachusetts Association of Realtors, Haverhill MA, Methuen MA

Open House Trap: Don't Fall for Smiles When Buying Boston Area Homes

May 2, 2024 5:44:19 PM

Spring has sprung, and the Greater Boston real estate market is blooming. While open houses might seem like a delightful way to spend a sunny afternoon browsing potential homes, there's a hidden danger lurking behind those charming smiles – a conflict of interest. 

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc.

Massachusetts Home Prices Up in March, Q1 2024

Apr 19, 2024 5:09:04 PM

The median price of a single-family home in Massachusetts rose in March and during the first quarter of 2024, while inventory and sales declined, according to data compiled by the Massachusetts Association of Realtors (MAR).

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

NAR Settlement: Separating Fact From Fiction for Home Buyers

Mar 28, 2024 12:39:56 PM

The recent settlement between the National Association of Realtors (NAR) and plaintiffs represented by class-action lawyers has garnered much attention in the media and elsewhere.

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Biden $10,000 Annual Tax Credit Plan Receives Praise, Criticism

Mar 14, 2024 1:57:26 PM

President Joseph Biden unveiled a comprehensive plan last week to reduce housing costs and make homeownership more accessible, particularly for first-time home buyers and low-income families.

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc.

Mortgage Rates Decline, Similar to Year Ago

Mar 11, 2024 7:50:42 AM

Mortgage rates in the United States declined on average for the week ending March 7, 2024, and were slightly above rates last year, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Real Estate Market, Mortgage Rates & News, New Hampshire Association of Realtors, New Hampshire Home Prices, Rhode Island Home Prices

When Do Home Buyers Make Their First Mortgage Payment?

Mar 2, 2024 5:26:43 PM

Embarking on your homeownership journey is an exciting milestone, but it also introduces new responsibilities, like making your first mortgage payment.

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Topics: Home-buying Tips, Mortgages 101, Real Estate Misc.

   

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