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Massachusetts Home Buyer Guide

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Flood Insurance 101: Essential Guide for First-Time Homebuyers

Mar 1, 2024 2:51:31 PM

In a recent episode of the NAEBA podcast "Listen Up Homebuyers," host Victoria Ray Henderson spoke with Jeff Jackson, Deputy Assistant Administrator for the Federal Insurance Directorate, who oversees flood insurance operations for FEMA's National Flood Insurance Program.

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Topics: Home-buying Tips, Real Estate Misc.

Melrose, MA 2023 Sales Fall, Prices Rise; Inventory Remains Tight

Feb 29, 2024 2:45:01 PM

The median house price in Melrose, Massachusetts, continued upward in 2023 as inventory remained tight, but price growth slowed compared to the previous three years.

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

Boston Rents: Investor Heaven, Renter Hell

Feb 14, 2024 7:14:02 AM

A recent Boston Business Journal headline proclaimed, "Renters, beware: Boston ranks #1 in the U.S. for apartment investors." How do housing consumers fight back?

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Topics: Real Estate Market, Real Estate Misc.

North Andover, MA Real Estate Market: 9 Things to Know

Feb 9, 2024 5:13:57 PM

Regarding median price, the North Andover, Massachusetts, real estate market cooled slightly in 2023, but inventory remained extremely tight, so home buyers should expect continued competition for homes in 2024.

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

U.S. Mortgage Interest Rates Spike on Jobs Report

Feb 3, 2024 10:02:05 AM

After declines earlier in the week, a stronger-than-expected jobs report sent U.S. mortgage interest rates soaring on Friday, February 2, 2024, according to the Mortgage News Daily (MND) Rate Index.

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Topics: Mortgage Rates & News, Mortgage News Daily

Acton, MA v. Westford, MA: Real Estate Market Comparison

Feb 1, 2024 3:11:31 PM

Westford, Massachusetts, and Acton, Massachusetts, neighboring communities northwest of Boston in Middlesex County, experienced double-digit declines in single-family sales and modest median price growth in 2023.

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

Arlington, MA Real Estate Market: A Look at 2023 v. 2022 Trends

Jan 19, 2024 2:19:43 PM

The real estate market in Arlington, Massachusetts, was a mixed picture in 2023, with single-family home prices flat and condominium prices jumping double digits, according to the Massachusetts Association of Realtors (MAR).

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

Massachusetts Home Prices Rise Modestly, Sales Plummet in 2023

Jan 17, 2024 9:22:39 AM

Massachusetts home prices rose modestly in 2023 as price growth slowed compared to the previous three years, and sales plummeted, 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

Haverhill, MA Home Prices Rose in 2023, But More Slowly

Jan 15, 2024 8:18:17 AM

Haverhill, Massachusetts, single-family home and condominium prices increased in 2023 compared to 2022, but price growth slowed, 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, Haverhill MA

Will Declining Interest Rates Increase Home Buyer Competition?

Dec 15, 2023 5:42:25 PM

Recent mortgage interest rate news has been music to the ears of prospective home buyers shell-shocked by the spike in rates over the late summer and fall.

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Topics: Mortgages 101, Mortgage Rates & News

Despite Tight Inventory, Competition for Homes Eases a Bit

Nov 29, 2023 8:55:16 AM

The competition for homes in Massachusetts appears to have eased a bit during the first 10 months of 2023 despite the decline in real estate inventory.

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Home Prices, Mortgage Rates & News

Mortgage Interest Rates Drop Nearly .75% in a Month

Nov 22, 2023 1:37:11 PM

Since reaching more than 8 percent last month, the average 30-year, fixed-rate mortgage loan has plummeted almost three-quarters of a percent over four weeks, according to the Mortgage News Daily (MND) Index.

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Topics: Mortgages 101, Mortgage Rates & News

   

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