Boston, MA is the fourth most expensive city for renters: Massachusetts Homebuyers Homeownership

 Rents nationwide continue to grow, driven by single family rentals, and Boston is no exception. A new report from Dwellsy found February median rents nationally rose 17.5 percent from last year and were up four percent from January. Single family rentals continue to drive rent increases across the country, according to the report, which found they were up thirty five percent over the past twelve months, while apartments have shown a three percent increase. Boston rents continued to grow as well, and Bean Town had the fourth highest median rent among four hundred cities Dwellsy analyzed.

 Boston rents were  in February were up one percent from January to two thousand nine hundred and six dollars. Year over year, the median rent grew fourteen percent, which equals an extra three hundred sixty five dollars per month, according to the report. While single-family rentals had the highest growth nationwide last month, in Boston, which has one of the largest single family rental markets in the country, these rents only rose seven percent, while apartment rents rose seventeen percent.

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First Time Home Buying in Massachusetts

MABA Buyer Agents help first time home buyers reduce the stress and frustration normally associated with buying a home or condo – especially for first time home buyers.

As a first time homebuyer in Massachusetts, you can turn to our non-profit organization to help you understand and navigate the complexities of the entire Massachusetts real estate transaction, from mortgage pre-approval until you are handed the keys to your new home or condominium. Each of our member buyer's brokers and agents works only for their buyer-clients and never for the seller of the home or condo that their buyers want to buy.

MABA Buyer Agents will take the time to learn about you and your real estate goals, help you understand your options, including first time home buyer programs, properties and/or condominium associations, estimate real property values and put together a negotiating strategy to help you increase the odds of getting your offer accepted in our competitive Massachusetts real estate market. After advocating to get your offer accepted, your MABA buyer's agent will be there for you at your home inspection and help you protect your deposit through the inspection, purchase & sale and financing contingency periods.

You can buy your first home or condo with confidence knowing that your MABA buyer agent is committed to saving you time and money and helping you make your best home buying decision.