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Massachusetts Home Buyer Guide

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Rising Home Prices Resulted in Fewer First-time Homebuyers

Nov 16, 2022 7:31:11 PM

A national annual survey showed rising home prices made it difficult for first-time homebuyers to purchase a home between July 2021 and June 2022.

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Topics: Real Estate Market, Real Estate Misc., first-time hombuyer

Should Massachusetts Homebuyers Buy a Flipped Home?

Jan 24, 2022 7:56:59 PM

In real estate, a "flip," or "flipped home," is when a real estate investor purchases a home that typically is in some stage of distress, makes repairs to and updates the property, intending to resell it quickly to a homebuyer for a profit.

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

NAR: Proximity to Family and Friends Motivated Homebuyers in Past Year

Dec 18, 2021 7:34:42 PM

For the past 40 years, the National Association of Realtors (NAR) has published an annual report on the state of the nation's real state market. The 2021 report covers the peak of the COVID-19 crisis and offers some interesting insights on homebuyer behavior in the past year.

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Topics: Real Estate Market, Real Estate Misc., National Association of Realtors, first-time hombuyer

What to Know About Biden's First-time Homebuyer Tax Credit?

Nov 15, 2020 9:23:02 PM

Then-candidate and now president-elect Joe Biden proposed several housing initiatives, including a first-time homebuyer tax credit "up to" $15,000.

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

   

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