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Massachusetts Home Buyer Guide

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Massachusetts Home Prices Increase But Price Growth Slows in 2022

Jan 29, 2023 12:01:57 PM

The median price of a Massachusetts single-family home averaged 6 percent growth each month during the final six months of 2022, slowing from an average 11 percent increase per month on a year-over-year basis during the first six months.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

Is Buying a Condo a Good Investment in Massachusetts

Jan 19, 2023 8:42:32 AM

Whether or not buying a condo is a good investment or a good idea depends on your personal circumstances and your preferences in a home. There are several factors to consider. 

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Topics: Home-buying Tips, Condominium

What Homebuyers Need to Know About a Plot Plan in Real Estate

Jan 17, 2023 10:33:49 PM

A plot plan is a detailed drawing of a piece of real estate that shows the property's boundaries, any structures on the property, and the property's location in relation to the surrounding area.

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Topics: Home-buying Tips, Real Estate Misc.

What is Causing Norwood, MA Home Sales to Plummet?

Jan 16, 2023 12:27:50 PM

Conventional wisdom would have you believe home sales are plunging in recent months solely because of higher mortgage interest rates. That's only part of the story. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Norwood MA

Salem, MA Home Prices, Sales Decline in November 2022

Dec 30, 2022 9:55:16 AM

The slowing real estate market arrived in Salem, Massachusetts, in November, with single-family and condominium sales plummeting and year-over-year prices dipping for the first time in 2022, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Salem MA

Home-buying Contingencies Massachusetts Homebuyers Should Know About

Dec 21, 2022 3:27:18 PM

Homebuyers must protect themselves and their investment – specifically, their earnest money deposits – by including contingencies in their real estate contracts. 

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Topics: Home-buying Tips

What's an Exclusive Buyer Agent in Real Estate?

Dec 15, 2022 9:08:05 AM

An exclusive buyer agent is a real estate agent who represents only buyers' interests in real estate transactions. 

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Topics: Home-buying Tips

Average Mortgage Interest Rates Decline Four Consecutive Weeks

Dec 8, 2022 5:18:37 PM

Average mortgage interest rates nationally have declined for four weeks, but lower borrowing costs have not increased homebuyer demand. 

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Topics: Massachusetts Association of Realtors, Mortgage Rates & News

A Strange Boston Area Real Estate Market for Home Buyers and Sellers

Dec 7, 2022 6:29:15 PM

Home buyers and sellers have found themselves in an unusual real estate market full of contradictions heading into the winter and 2023.

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

Milton, MA Real Estate Market Cools in October 2022

Nov 30, 2022 4:36:09 PM

The Milton, Massachusetts, real estate market showed signs that demand for single-family homes weakened in October. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Milton MA

Lowell, MA Real Estate Inventory, Sales Plummet in October 2022

Nov 28, 2022 4:12:02 PM

The number of single-family homes and condominiums for sale in Lowell, Massachusetts, plummeted in October 2022, while home sales also dropped. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Lowell MA

Interest Rates More Attractive for Homebuyers

Nov 20, 2022 9:28:21 AM

Average U.S. mortgage interest rates fell for the week ending November 17, 2022, welcome relief for Massachusetts homebuyers struggling with a profound lack of affordability

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Topics: Mortgage Rates & News

   

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