A real estate appraisal, sometimes referred to as a home appraisal, is an estimate of a property’s value. Property value is based on such factors as location, amenities, structural condition, square footage, number or bedrooms, number of bathrooms and recent sales of similar nearby properties.
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Topics:
Home-buying Tips,
Mortgages 101,
Real Estate Misc.
Single-family home sales in Massachusetts increased more than 25 percent in January compared to January 2015, The Warren Group, publisher of Banker & Trademan, reported February 23, 2016.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
The Warren Group
A Closing Disclosure is a five-page form that provides the final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).
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Topics:
Home-buying Tips,
Mortgages 101
The number of Massachusetts single-family home sales pending in January 2016 increased 39.7 percent to 3,914 compared to 2,802 pending sales in January 2015, according to data compiled by the Massachusetts Association of Realtors (MAR).
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Topics:
Real Estate Market,
Massachusetts Association of Realtors
Since the start of the foreclosure crisis about 10 years ago, the economy has improved, more people are working and home sales and prices have increased. So why did Massachusetts foreclosure activity jump in 2015?
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Topics:
Real Estate Market,
Foreclosure News,
The Warren Group
Mortgage interest rates are cooperating. Now Massachusetts homebuyers just need some more real estate inventory, so that they can take advantage of the lower cost of a home loan.
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Topics:
Mortgage Rates & News
Massachusetts first-time homebuyers didn't let increasing home prices and a lack of inventory deter their participation in the real estate market. Massachusetts first-time home buyers made up 41 percent of the total home-buying population in 2015, an increase from 39 percent in 2014, according to the 2015 Massachusetts Profile of Home Buyers & Sellers.
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Topics:
Real Estate Market,
Massachusetts Association of Realtors,
Real Estate Misc.,
National Association of Realtors
The median price of a South Boston condominium increased 12.1 percent to $560,000 in 2015, according to data compiled by the Greater Boston Association of Realtors. Condo inventory remained tight, but new condo listings doubled in December. The following infographic provides homebuyers with more details about the South Boston real estate market.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Boston,
South Boston
Average U.S. mortgage interest rates declined for the fifth straight week, Freddie Mac reported in its weekly mortgage market survey on February 4, 2016.
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Topics:
Mortgages 101,
Mortgage Rates & News
Boston's South End neighborhood is a hot real estate market, with rising condominium prices and scarce inventory. The median condo price and number of units sold increased in December 2015, as well as the during the full year. The following infographic provides some additional details for potential homebuyers.
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Topics:
Real Estate Market,
Community Information,
Massachusetts Home Prices,
Boston,
South End MA
Last year's epic string of winter storms slowed the start of the traditional Spring home-buying season, but Massachusetts homebuyers made up for lost time once the snow melted.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
The Warren Group
Salem, Massachusetts is much more than the location of the infamous Witch Trials.
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Topics:
Community Information,
Massachusetts Relocation,
Salem MA