Equity is the difference between what you owe on the home and its market value based on factors like price appreciation.
In today’s real estate market, many homeowners have far more equity in their homes than they realize due to the home price appreciation we’ve seen over the past few years.
Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value homeownership.
What’s Ahead for Mortgage Rates and Home Prices?
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation.
Here are three measures used to establish home affordability: home prices, mortgage rates, and wages. Let’s look closely at each one.
CASTLES® Magazine is the luxury listing magazine promoting the best properties worldwide. This edition is exclusive to the international
luxury agents and commercial real estate brokers of eXp.
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To be built. Your client will have the ability to have a custom-designed house built by one of Boston's top builders and interior designers. 3-4 floors your choice. A full walk-out basement, three-car garage, stucco/ stone exterior, and much more.
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Listing Agent: Jim Lowenstern
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Centrally located apartment within close proximity to Newton Center, Highlands and Waban. Large rooms, Eat-in kitchen with private deck. Bonus room on third floor can be used as office, guest room, etc. Pets considered. Two off-street parking spaces.
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Listing Agent: Matthew Urban
One of the most desirable locations in all of Newton, at the top of Windsor Road. This home is located on approximately a half acre abutting wooded area of Brae Burn Country Club golf course offering great privacy and is just a short distance to the shops, restaurants and public transportation in Waban Square.
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47 Myerson Lane is a new construction 5 BR/ 5 1/2 BA Colonial ready for September delivery by one of Newton's finest builders! Custom Thermidor kitchen with quartz counters, wall ovens, gas cook-top and multiple sinks. Master suite with an outstanding bath, all bedrooms with their own dedicated baths. White oak hardwood floors through out. Two car garage and level lot. Still time to customize colors.
A comfortable home, with an amazing location. Classic Colonial house in Newtonville, on a corner lot. 3 Bedrooms, 1.5 Baths. Move-In Ready! One car garage, and a half fenced in yard. Stores, T, Schools, Parks, and more, all nearby.
Set on over a half-acre on one of the most coveted streets in Waban, this 1913 Colonial overlooks the 11th fairway and green of Brae Burn Country Club. The 1st level features an elegant library, formal living room with fireplace, dining room, office, half bath, and updated chef’s kitchen. There is a large deck off of the main level with sweeping views of the fairway and professional landscaping.
88 Oak Hill, Newton, MA 02459 is a Colonial single-family off-market property that offers 4 beds, 4 baths, 1 half-bath and 4,500 sq ft of living space. It sits on a 10,000 sq ft lot at a great location. The home also has a 2-car garage and is only four years old. The home is listed at $2,695,000 by James Lowenstern. Stay tuned for more information about this beautiful [...]