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Massachusetts Home Buyer Guide

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What is Title Insurance in Massachusetts?

May 9, 2023 6:43:48 AM

When purchasing a home in Massachusetts, title insurance is one of the many expenses buyers are likely to incur at closing.

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

What's Behind Falling Home Sales in Massachusetts?

Apr 26, 2023 9:53:59 AM

Given the headlines in the media about falling Massachusetts home sales, prospective home buyers might get the impression it's now a buyer's real estate market in the spring of 2023. It's not. 

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

How Much Does Homeowners Insurance in Massachusetts Cost?

Apr 7, 2023 7:29:44 AM

The cost of homeowners insurance in Massachusetts varies depending on several factors, including the value of your home, the coverage, the deductible, and the insurance company you choose. The average cost of homeowners insurance in Massachusetts is $1,320 per year, according to NerdWallet. That's 27 percent less than the national average of $1,820.

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Topics: Home-buying Tips, Real Estate Misc.

Mortgage Interest Rates Decline for Third Consecutive Week

Apr 2, 2023 4:15:17 PM

Average U.S. interest rates for the 30-year, fixed-rate mortgage loan decreased for the third consecutive week for the week ending March 30, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).

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Topics: Real Estate Market, Mortgage Rates & News

11 Things Massachusetts Home Buyers Should Know in Spring 2023

Mar 28, 2023 8:19:19 AM

Whether you're a first-time home buyer, moving to Massachusetts, or you last purchased a home several years ago, you will want to educate yourself on the current state of the Massachusetts real estate market. 

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Home Prices

Massachusetts Home Sales Fall, Inventory Tight, Prices Holding Up

Mar 26, 2023 9:58:26 AM

Massachusetts single-family home sales declined year-over-year in February 2023, the 20th consecutive month, the Massachusetts Association of Realtors (MAR) reported on March 20, 2023.

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

Haverhill, MA Home Prices Fall, Inventory Remains Tight

Mar 11, 2023 7:07:46 PM

Haverhill, Massachusetts, single-family home prices have risen an average of 9 percent since 2017 and 12 percent over the last three years, but house prices have declined for three consecutive months.

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

Massachusetts Single-family Home Price Growth Slows in January 2023

Mar 3, 2023 5:25:11 PM

The median price of a Massachusetts single-family home grew about 9 percent on average from February 2022 through January 2023, but price growth stalled last month, the Massachusetts Association of Realtors reported.

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

6 Expensive Issues a Home Inspection in Massachusetts Might Uncover

Feb 27, 2023 8:26:10 AM

When purchasing a home, it's essential to ensure that the property is in acceptable condition and free from any unexpected defects that could cost you significant money after closing. 

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Topics: Home-buying Tips

Seller's Home Inspection Doesn't Replace a Homebuyer's Need for One

Feb 15, 2023 9:07:30 AM

A recent article in the Wall Street Journal suggested that home sellers might want to have their homes inspected before listing them for sale because knowing the property's condition might help with the sale. 

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Topics: Home-buying Tips

Burlington, MA Condominium Prices Soar in December and 2022

Feb 8, 2023 12:58:54 PM

The median price of a condominium in Burlington, Massachusets, jumped in 2022 and in December, 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, Burlington MA

Massachusetts Home Prices Increase But Price Growth Slows in 2022

Jan 29, 2023 12:01:57 PM

The median price of a Massachusetts single-family home averaged 6 percent growth each month during the final six months of 2022, slowing from an average 11 percent increase per month on a year-over-year basis during the first six months.

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

   

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