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Massachusetts Home Buyer Guide

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Should You Buy a Home Without A Buyer Agent?

Nov 13, 2023 11:52:12 AM

While the desire to own a home is wise and exciting, embarking on your Massachusetts home-buying journey without a buyer agent is akin to venturing into a complex maze without a guide, potentially leading to costly detours and missed opportunities.

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Topics: Home-buying Tips, Real Estate Misc., first-time hombuyer

Mortgage Interest Rates Have Dropped. How Much Can Home Buyers Save?

Nov 9, 2023 6:21:32 PM

Prospective home buyers in Massachusetts and around the country have had to contend with an increasing triple threat in the real estate market in 2023: higher prices, lower inventory, and rising mortgage interest rates.

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Topics: Real Estate Market, Massachusetts Home Prices, The Warren Group, Mortgage Rates & News

Home Buyers: Don't Be Fooled By The 20% Down Payment Myth

Nov 4, 2023 1:36:43 PM

Prospective Massachusetts first-time home buyers have a variety of home loan programs to help them buy their first home with a low down payment, yet many new home buyers still believe they must have enough cash for a 20 percent down payment.

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Topics: Home-buying Tips, Mortgages 101

Home Buyers Struggle With Inventory, Prices, and Interest Rates

Oct 30, 2023 8:35:40 PM

Home buyers bought the fewest single-family homes in Massachusetts in any September in 13 years due to low inventory, record high prices, and rising interest rates, The Warren Group reported on October 18, 2023.

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Topics: Real Estate Market, Massachusetts Home Prices, The Warren Group, Greater Boston Association of Realtors, Mortgage News Daily

Mortgage Interest Rates, Home Prices Continue to Rise

Oct 18, 2023 5:28:25 PM

Prospective home buyers face rising interest rates and home prices in Massachusetts, making affordability challenging.

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

Navigating Home Warranty Contracts with Confidence in Massachusetts

Sep 20, 2023 12:32:51 PM

Purchasing a new home is a significant investment. Homebuyers should consider the total cost of home ownership, so protecting themselves from unexpected expenses is a reasonable concern.

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Topics: Home-buying Tips, Real Estate Misc.

Just How Low Can Massachusetts Real Estate Inventory Go?

Aug 31, 2023 12:04:00 PM

The number of single-family and condominium homes for sale in Massachusetts plunged in July compared to July 2022, according to data compiled and released by the Massachusetts Association of Realtors (MAR) earlier this month.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, New Hampshire Association of Realtors, Greater Boston Association of Realtors, Rhode Island Association of Realtors, New Hampshire Home Prices, Rhode Island Home Prices

Single-family Home vs. Condo: Which is Right For You?

Aug 29, 2023 6:47:35 PM

Are you a prospective first-time homebuyer trying to decide whether a condominium or a single-family home is best for your lifestyle?

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Topics: Home-buying Tips, Condominium, Real Estate Misc., first-time hombuyer

Should First-time Home Buyers Wait for Interest Rates to Decline?

Aug 26, 2023 2:34:07 PM

The average U.S. mortgage interest rate reached its highest level since 2001 for the week ending August 24, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey. 

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Topics: Real Estate Market, Mortgage Rates & News

Are Higher Mortgage Rates to Blame for Scarce Real Estate Inventory?

Jul 23, 2023 5:23:12 PM

Mortgage interest rates have risen in recent months, significantly impacting Massachusetts and other real estate markets, primarily leading to fewer homes for sale.

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Association of Realtors, Mortgage Rates & News

Waiving the Appraisal Contingency: What Home Buyers Should Consider

Jul 17, 2023 10:37:39 AM

In highly competitive real estate markets, home buyers often contemplate waiving essential contingencies to make their offers more attractive to sellers.

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Topics: Home-buying Tips, Real Estate Misc.

Indirect Hot Water Tanks: What Home Buyers Should Know

Jul 11, 2023 9:21:07 PM

Most prospective Massachusetts home buyers assume the tank near a home's heating system is a hot water heater, producing hot water for showers, washing clothes, or cleaning dishes. Most of the time, that's correct, but not always.

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Topics: Home-buying Tips, Real Estate Misc.

   

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