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Massachusetts Home Buyer Guide

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What's the Difference Between an Appraisal and a Home Inspection?

Nov 18, 2015 8:23:39 AM

Although entirely different and unrelated parts of the home-buying process in Massachusetts, homebuyers sometimes confuse a home appraisal and a home inspection, and some would-be first-time homebuyers even think an inspection and appraisal are the same things.

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Topics: Home-buying Tips, Real Estate Misc.

What is a Dual Agent in Real Estate?

Nov 16, 2015 8:48:58 PM

Massachusetts, New Hampshire, and Rhode Island Allow Dual Agency

Dual Agency is when a real estate agent represents both the seller and the homebuyer in the same real estate transaction. In such a case, that real estate professional is known as a dual agent. 

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

Will You Miss a Patriots Game For an Open House?

Nov 15, 2015 8:00:00 AM

Should Boston area listing agents schedule open houses the same time as a New England Patriots game?

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Topics: Home-buying Tips, Real Estate Misc.

What are Closing Costs When Buying a Home in Massachusetts?

Oct 17, 2015 4:08:57 PM

In addition to the down payment, homebuyers need to pay closing costs. Closing costs are the collection of fees, expenses, and charges associated with purchasing a home with a mortgage loan. 

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Topics: Home-buying Tips, Mortgages 101, Real Estate Misc., Massachusetts Relocation

Home Buyers Relocation Guide to Commuting in Boston

Sep 21, 2015 5:20:11 PM

Boston is frequently listed as one of the city's in the U.S. with the worst traffic and toughest commute, but there are several commuting alternatives to consider other than driving solo into the city. The Greater Boston area has one of the most sophisticated public transportation systems in the country, so home buyers relocating to the area don't need to panic about commuting to work.

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Topics: Real Estate Misc., Massachusetts Relocation, Boston Relocation

Boston Home Buyers Break Even at Around 3 Years After Buying a Home

Apr 16, 2015 7:30:00 AM

It's not easy for first-time home buyers to save for a down payment, closing costs and the reserves their lender will require they have in their bank accounts after closing. It's especially difficult in the Greater Boston Area. 

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

Boston May Be Walkable, But Driving May Be Less Expensive

Apr 9, 2015 10:43:06 AM

Boston has been in the news lately for its ranking as the third most walkable city in the United States, but ditching the car and living in the city probably isn't a home buyer's least expensive option. 

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Topics: Real Estate Market, Home-buying Tips, Real Estate Misc., Braintree MA, Boston, Andover MA, South End MA, Newburyport MA, Back Bay

Who was the 'Typical' Home Buyer in Massachusetts in 2014?

Feb 2, 2015 7:59:44 AM

Massachusetts first-time home buyers made up 39 percent of all home buyers, higher than the 33 percent of home buyers on the national level, but lower than the historical norm of 40 percent, according to a report released by the Massachusetts Association of Realtors. 

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Topics: Real Estate Market, Massachusetts Association of Realtors, Real Estate Misc.

Are Millennials Ditching the City?

Jan 26, 2015 6:03:00 AM

The prevailing wisdom in the real estate industry has been that Millennials would prefer living in the city longer and iving in smaller, urban spaces than previous generations; however, a new study has found Millennials, as a whole, just want a big place in the suburbs like everyone else.  

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Topics: Real Estate Market, Condominium, Real Estate Misc., New Construction

How Will Falling Gas Prices Affect Massachusetts Home Buyers?

Jan 2, 2015 7:52:02 AM

Home buyers have various wants and needs important to them when purchasing a home. With gas prices above $3 per gallon, living within walking distance of public transportation has been an increasingly popular priority for Massachusetts home buyers over the past few years.

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Topics: Home-buying Tips, Real Estate Misc.

What Massachusetts Home Buyers Need to Know About Days on the Market

Aug 5, 2014 8:30:00 PM

If homes are selling so fast, why were Massachusetts single-family homes on the market an average 89 days in June 2014, according to the Massachusetts Association of Realtors?

On the one hand, homes are not selling that fast in all Massachusetts cities and towns. On the other hand, many communities within 30 to 45 minutes of Boston are seeing homes in certain price ranges go under agreement is less then a week, but the way the number of days on the market is tracked gives the impression homes are on the market much longer. 

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Topics: Home-buying Tips, Real Estate Misc., Massachusetts Relocation

What MA Home Buyers Should Know About New Flood Insurance Rules

May 2, 2014 8:15:00 AM

Starting May 1, 2014, new rules for the National Flood Insurance Program went into effect. The North Shore Association of Realtors, located in Beverly, Massachusetts, provided its Realtor membership with the following information on the new flood insurance rules. 

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Topics: Home-buying Tips, Real Estate Misc., National Association of Realtors

   

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