Relocating to a new city can be both an exciting adventure and a daunting challenge, especially when the destination is as vibrant and diverse as Boston. Known for its rich history, prestigious educational institutions, and cultural wealth, Boston offers a unique living experience that blends the charm of historic New ...
Continue ReadingYou have probably already heard some wise advice when looking for a home. For instance, visit the property at various times of the day, note any warning signs, take lots of photographs, and so on. However, you may want to rethink your position if you believe this will be sufficient to secure ...
Continue ReadingHome values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this ...
Continue ReadingSome Highlights: Don’t put your homeownership plans on hold just because you’re stuck inside. There are several things you can do right now to keep your home search moving forward. Connect with an agent, learn about resource programs for things like down payments, and get pre-approved today. ...
Continue ReadingThe 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the ...
Continue ReadingSource: Real Estate by Boston.com For the first time in his 30-year real estate career, Melvin A. Vieira, Jr. finds himself wondering whether holding a routine open house could risk his client’s health. His client, a woman in her 70s, is eager to sell her home, but Vieira is weighing ...
Continue ReadingThe housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership rate since 2014 for people ...
Continue ReadingAfter over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom ...
Continue ReadingThe success of the U.S. residential real estate market, like any other market, is determined by supply and demand. This means we need to look at how many potential purchasers are in the market versus the number of houses that are available to buy. With early 2020 housing data now ...
Continue ReadingEven though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for the sale. If you’ve ...
Continue Reading