While the Boston area real estate market cooled off in the late spring and summer of 2022 compared to a year ago, multiple offers on desirable homes are still the norm. Prospective home buyers continue to look for ways to make their offers attractive to sellers.
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Topics:
Home-buying Tips,
Real Estate Misc.
Flooding is not only the most common natural disaster in the United States. It is also one of the most costly.
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Topics:
Home-buying Tips,
Real Estate Misc.,
Homeowner Tips
For many of us, smart technology for the home has given us better efficiency, improved security, and more comfort in our everyday lives.
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Topics:
Home-buying Tips,
Real Estate Misc.,
Homeowner Tips
The average rate for a 30-year, fixed-rate mortgage hit 4.72 percent on Tuesday, March 22, 2022, moving 26 basis points higher since Friday, according to Mortgage News Daily.
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Topics:
Real Estate Misc.,
Mortgage Rates & News
Massachusetts home buyers gearing up to buy their first home this year need to know the number one tip to prepare for the 2022 real estate market. It's simple but critical for success.
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Topics:
Home-buying Tips,
Loan Programs,
Real Estate Misc.
After a decade of rising home prices in Massachusetts, it's not surprising prospective homebuyers are asking, "Will the real estate market crash in 2022?"
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Topics:
Real Estate Market,
Home-buying Tips,
Real Estate Misc.
One of the attractions of living in a condominium is the freedom from exterior maintenance, such as mowing lawns and cleaning pools. Community amenities like clubhouses and tennis courts offer additional recreation and entertaining options not always possible in a single-family home.
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Topics:
Home-buying Tips,
Condominium,
Real Estate Misc.
Homebuyers moving to the Boston area should familiarize themselves not only with real estate property taxes, but also several other taxes that will impact the overall cost of relocating to Massachusetts. Besides real estate property taxes, Massachusetts has an income tax, a sales tax, an excise tax, and a tax related to the failure to obtain health insurance.
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Topics:
Real Estate Misc.,
Massachusetts Relocation,
Boston Relocation
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
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
An unfortunate scenario repeatedly occurs every weekend in the Greater Boston area. It plays out something like this.
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Topics:
Home-buying Tips,
Real Estate Misc.
For many Massachusetts first-time home buyers – and for move-up buyers who might have lost equity in their homes during a real estate downturn – the biggest obstacle to purchasing a home often is saving enough money for the down payment and closing costs.
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Topics:
Home-buying Tips,
Condominium,
Mortgages 101,
Real Estate Misc.