For many people, a mortgage will be their largest monthly expense. Most homebuyers fail to properly prepare or negotiate and end up paying much more for their loans than they need to. If you clicked on this article, you’re already on the right track. Here are 5 things to avoid when selecting a mortgage.
Pending home sales rose to their highest level this February, and remain higher than a year ago according to the National Association of REALTORS?. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity.
Although the Pending Home Sales index, a forward-looing indication based on contract signings, has now increased year-over-year for 18 consecutive months, last month?s gain was the smallest.
April signals the end of the first quarter and the start of spring. There is no better time to take stock of goals and plans for 2016 to see what needs tweaking and adjusting as necessary. Here is a maintenance checklist to make sure you are prepared for springtime!
Ask yourself, if everything you owned was lost in a fire, what would you replace? Take stock of the things that are actually important to you, and the things that you could live without, or could actually replace or downsize.
Here are 12 items to ditch so you can get organized and reclaim some space.
Six developers are competing to change the 18-acre land site of the old Boston Edison power plant at Summer and First avenues in South Boston. Plant proprietor Exelon Corppration simply put the property available for purchase, and plans for its redevelopment are still pretty much in flux.
South Boston is without a doubt in flux these days, with significant developments either in progress or under the planning stage and the Seaport District infringing on the conventional region of the area.
To sum it all up, the average asking price in South Boston is $602 a square foot. Although there is a wide range behind that average: from $406 a foot on G Street to $781 a foot in the new second phase of the Allele complex.
No better time to buy than now:?With home prices on a steady race, it is important to watch and understand the affordability trajectory.
?
Boston Properties?is again planning a massive air-rights development at a major transportation hub, this time with a 1.26 million-square-foot mixed-use project above Back Bay Station.
The city of Boston is providing $28 million in federal and local money to fund the development and preservation of hundreds of affordable housing units across six city neighborhoods.
There's so much winning going on in Boston right now, what with fresh development adding?thousands?of?apartments,?condos,?hotel rooms, and?dorms city-wide; passionate debate about the future of neighborhoods; fabulous new architecture,?public art, and parkland; and just a general acknowledgment that all the change afoot seems as manageable as much as it seems inevitable. Some Boston neighborhoods are changing faster and more than others, with five in particular that may be?unrecognizable?a few years out.
A new report from real estate search engine Zillow found that 7.7 percent of Cambridge households earning $350,000 or more annually are headed by someone at least 55 years old. That means that the People?s Republic has the second-highest concentration of affluent baby boomers in the U.S., behind only the Washington, D.C., suburb of Arlington, Va.
Maintenance Checklist for New Homeowners
This simple project can save you heaps of money on your energy bill. If you've noticed chilly spots near windows in your home, you might have an air leak.
A new report published in Nature Climate Change postulates rising sea levels could displace millions of Americans, projecting figures substantially higher than previous estimates. The report submits that 4.2 million Americans may be affected if seas rise three feet; that number swells to 13.1 million if seas rise six feet.