Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA

Despite Tight Inventory, Competition for Homes Eases a Bit

Nov 29, 2023 8:55:16 AM

The competition for homes in Massachusetts appears to have eased a bit during the first 10 months of 2023 despite the decline in real estate inventory.

Topics: Real Estate Market, Home-buying Tips, Massachusetts Home Prices, Mortgage Rates & News

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.

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

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.

Topics: Home-buying Tips, Mortgages 101

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.

Topics: Home-buying Tips, Real Estate Misc.

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?

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

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.

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.

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.

Topics: Home-buying Tips, Real Estate Misc.

Buying a House With Solar Panels: What Home Buyers Need to Know

Jun 13, 2023 8:02:38 PM

As more homeowners look for ways to protect the environment and save money on energy costs, more prospective home buyers in Massachusetts will consider buying a house with solar panels installed.

Topics: Home-buying Tips, Real Estate Misc.

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.

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

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.

Topics: Home-buying Tips, Real Estate Misc.

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.

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