by Timothy Inklebarger | Nov 30, 2020 | Condominiums, Downtown Boston Massachusetts, Home Buyers, Home Prices, Real Estate Market
Now could be the time to buy a downtown Boston condo Single-family home and condominium sales both set new records in October in the Boston metro area, while new listings inched upward, according to the Greater Boston Association of Realtors. Single-family home sales...
by Timothy Inklebarger | Nov 29, 2020 | Boston Real Estate Market, House Hunting, MABA, Real Estate Market
Loan limit boost of 7.4% good for Boston buyers Homebuyers have something to be thankful for this week with news that maximum conforming loan limits for Fannie Mae and Freddie Mac mortgages will be increasing to $548,250 in 2021. That’s up from $510,400 in 2020, the...
by Cristin Espinosa | Nov 28, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, House Hunting, Mortgages and Mortgage Loan News
Is Student Loan Debt Really an Obstacle to Homeownership? Contrary to a long-running argument, student loan debt burden is not an impediment to achieving homeownership, according to a commentary authored by First American Deputy Chief Economist Odeta Kushi. Citing...
by Cristin Espinosa | Nov 28, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, House Hunting, MABA
New Survey Shows Why More Americans Consider Relocating According to findings reported from a recent LendingTree survey, nearly 50% of Americans are thinking about relocating in the near future. LendingTree conducted this survey by polling over 2,0000 American...
by Boston.com Real Estate | Nov 27, 2020 | First Time Home Buyer, Home Buyers, MABA, Mortgages and Mortgage Loan News
VA loans are one of the best financial products that exist in the US financial system. A new report published by Boston-based mortgage brokerage Own Up indicates that veterans and active-duty military can wind up overpaying by thousands of dollars for their Veteran’s...
by Kaylee Palak | Nov 26, 2020 | Home Buyers, Home Prices, Luxury Homes, Real Estate Market, Real Estate Prices
Massachusetts claims four top ranks in most expensive U.S. zip codes in 2020 Property Shark has released their article on most expensive U.S. zip codes in 2020 by closed home sales. They took into account all residential transactions closed between January 1, 2020,...
by Cristin Espinosa | Nov 25, 2020 | Mortgages and Mortgage Loan News
Home Values Experiencing Record-Breaking Rise According to Zillow’s latest Real Estate Market Report, increased competition among American homebuyers, coupled with a continued short supply of home inventory, is causing home values to skyrocket at a record pace....
by Boston.com Real Estate | Nov 25, 2020 | Home Buyers, Home Prices, MABA, Real Estate Market
Home prices and sales broke records in Greater Boston in October The 1,433 single-family homes sold last month reflected a 36.9 percent year-over-year increase in sales. The Greater Boston single-family and condo home markets saw record sales in October, according to...
by Jacob Passy | Nov 25, 2020 | Home Buyers, MABA, Real Estate Agent
Existing-Home Sales Soar Despite Record-Low Housing Inventory The numbers: Existing-home sales rose for the fifth consecutive month in October, as the housing market finally made up for the pandemic-related downturn in sales this spring. Total existing-home sales...
by Will Mendelson | Nov 24, 2020 | First Time Home Buyers Advice, Home Buyers, MABA, Real Estate Market
Is 2020 really the year of the suburb? Each month, senior consultants from RCLCO Real Estate Advisors come together to discuss housing trends in the age of COVID-19. Perhaps the most widely debated topic of 2020 is the flight to the suburbs, and whether that’s fact or...