This week has seen a decrease in mortgage rates with the 30-year, fixed rate averaging 3.0%, down .02% from last week, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac. The 15-year, fixed rate is down from 3.32% to 3.30% as [...]
It’s no secret to brokers that the housing market has seen some short supply. The National Association of REALTORS® (NAR) recently reported a down of 10.4% from last year in the national inventory for pre-owned properties, but according to realtor.com® 2018 National Housing Forecast, groundbreaking is projected to increase to up to 3 [...]
In October, pending home sales have picked up steam, showing a 3.5 percent increase in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI), which posted 109.3 in October, an improvement from 105.6 in September, based on contract [...]
New construction for an unbeatable price in Newton today. This custom built colonial is decked with every bell and whistle a buyer is looking for, with a spacious kitchen, tile bath with rain shower, and three-car garage. The six-bedroom home is situated on a half-acre with 6,750 Sq. Ft of living space and offers an extremely competitive [...]
Real estate market sees increased home buying during the holiday months.
Though it may not look like much now, Widett Circle has recently surfaces as the new development hot spot, and now a piece of it is on the market.
Formerly occupying the space was The New Boston Food Market, which held almost 20 acres of the area but is now putting it up for sale. This pieces of land, neatly sandwiched between South Boston [...]
Gorgeous suburban home with all the luxuries
Sting and his wife have been living in their NYC Penthouse for almost a decade now. With awe-inspiring views of Central Park in almost every room with 140 feet of park frontage, 396 Sqft. terrace, and impeccably finished living space of approx. 5,417 [...]
An extraordinary home in the Braintree Highlands area, the most sought-after area in Braintree.
Rosie O'Donnell has listed her riverfront retreat at Nyack, New York for $10.79 million. She spent nearly 7 years and $8.6 million dollars putting this 5 home compound project together, making it a once in a lifetime opportunity.
According to CNBC, there has been a supply shortage of luxury homes in the US for the past two years. There was a 4.9 percent increase in values of the top 5 percent of homes sold in the third quarter of the year, according to Redfin, that stated the average of these homes was $1.71 million.
Luxury home prices across the globe continue to rise.
Serena Williams, one of the best female tennis players ever, listed her Bel Air dream home for just under $12 million USD. The 2.7-acre property is one of the largest lots in Stone [...]
In August 2017, the Federal Housing Finance Agency (FHFA) reported an increase of home prices by 0.7 percent. In their recently released House Price Index (HPI), it was shown that homes with Fannie Mae- or Freddie Mac-backed mortgages were up 6.6 [...]