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 [...]
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
An extraordinary home in the Braintree Highlands area, the most sought-after area in Braintree.
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.
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 [...]
In the latest S&P CoreLogic/Case-Shiller Indices, home prices are reporting growth of up to 6.1% year-over-year in August, up from 5.9% in July. With the economy growing at a lesser pace, this was unforeseen.
For bargain hunters, this is not your month: this season’s trend is of less homes and higher prices. However, this trend also brings with it more listings than usual for this time of year, showing a bright spot for buyers.
Environmentally friendly homes are becoming less of a niche as the NAHB says they will make up half of the business of builders in five years.
In the 2015 American Consumer Survey by the U.S. Census Bureau, Massachusetts was found to be the second most valuable state to buy a home in. Why’s that? Location, location, location!
New snow-fighting canopies could make it easier to spend time at Faneuil Hall this winter.
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New study shows: You see better results when you use real estate agents to sell your home.
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