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Massachusetts Home Buyer Guide

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Stoneham, MA Real Estate: 7 Market Stats Homebuyers Should Know

Dec 22, 2015 9:13:31 AM

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

Like Massachusetts, New Hampshire Home Sales Increase in 2015

Dec 20, 2015 9:29:04 AM

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

Massachusetts Veterans Have an Alternative to a VA Loan

Dec 16, 2015 1:39:11 PM

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

Half-priced HUD Homes Through Good Neighbor Next Door Program

Dec 10, 2015 8:40:03 AM

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.

What's Up With the Increase in Massachusetts Foreclosures?

Dec 5, 2015 10:18:06 AM

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

Massachusetts Condo Inventory Declines 60 Straight Months

Nov 29, 2015 8:13:21 AM

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

U.S. Mortgage Interest Rates Remain Under 4%

Nov 28, 2015 7:47:42 AM

The average 30-year, fixed-rate mortgage interest rate in the United States remained less than 4 percent when it declined to 3.95 percent from 3.97 percent the previous week, according to government-sponsored mortgage buyer Freddic Mac.  

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Topics: Mortgage Rates & News

Massachusetts Home Sales Rise More Than 16%, Prices Up in October 2015

Nov 26, 2015 8:35:35 PM

The Massachusetts real estate market continued its strong 2015 in October, with double-digit sales increases and modest home price increases statewide. 

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Topics: Real Estate Market, Massachusetts Home Prices, The Warren Group

What's the Difference Between an Appraisal and a Home Inspection?

Nov 18, 2015 8:23:39 AM

Although entirely different and unrelated parts of the home-buying process in Massachusetts, homebuyers sometimes confuse a home appraisal and a home inspection, and some would-be first-time homebuyers even think an inspection and appraisal are the same things.

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Topics: Home-buying Tips, Real Estate Misc.

What is a Dual Agent in Real Estate?

Nov 16, 2015 8:48:58 PM

Massachusetts, New Hampshire, and Rhode Island Allow Dual Agency

Dual Agency is when a real estate agent represents both the seller and the homebuyer in the same real estate transaction. In such a case, that real estate professional is known as a dual agent. 

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Topics: Home-buying Tips, Condominium, Real Estate Misc., Real Estate Law

Will You Miss a Patriots Game For an Open House?

Nov 15, 2015 8:00:00 AM

Should Boston area listing agents schedule open houses the same time as a New England Patriots game?

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Topics: Home-buying Tips, Real Estate Misc.

Despite Increases, There Isn't a Massachusetts Foreclosure Crisis

Nov 8, 2015 4:08:07 PM

It's true. Massachusetts foreclosure petitions have increased 19 straight months on a year-over-year basis.

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

   

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