For the second time this year, existing-home sales have strengthened, building on the gains in February, as reported by the National Association of REALTORS® (NAR). March saw an increase of 1.1 percent to 5.6 million, and inventory has seen increased of 5.7 percent up to 1.67 [...]
With the coming of spring, so comes the busy buying and selling season in the housing market. The market is seeing developments across the country of low inventory and rising [...]
Since the start of the year, the average 30-year, fixed mortgage rate has been rising, with an increase just this week up to 4.45 percent from 4.44 the week before, according to Freddie Mac’s Primary Mortgage Market Survey® [...]
February saw the rallying of existing-home sales, with a bounce back from the initial lull at the start of the year, with the National Association of REALTORS® (NAR) reporting that sales increased to 5.54 million, an increase of 3 [...]
Boston Real Estate Market in 2018
The housing market in Metro Boston is back on track and looking healthy for 2018. A number of factors are driving this recent growth. The prediction is that prices will rise in 2018 as they will in most of the U.S. housing market.
The reason for the unusual late season surge is due to a big pent up demand from homebuyers and plenty of foreign real estate investors. Low mortgage rates, a strong economy, and the inventory of homes for sale is bolstering sales.
Massachusetts edged out Minnesota as the best state to raise a family, according to a study conducted by WalletHub.
The personal finance website looked at five key categories — family fun, health and safety, education and child care, affordability, and socio-economics — using 42 metrics.
With the new trend among women being later marriages, higher education, and increased presence in higher-paying jobs, the era of women homeowners has become a new market that real-estate agents need to be better prepared to serve. To do so, it is imperative to recognize women’s power as a buying pool and understand the meaning of [...]
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 [...]
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.
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 [...]
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.
When you start designing your apartment, or are shopping for an apartment, the look and functionality of the kitchen is pretty important. You might look around at the appliances, are they stainless steel? How high are the cabinets? Is there sufficient counter space? However, something you might not give a second thought to is the sink faucet.
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A house is a place you eat and sleep. But more than that, a house is a home.
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