by Clarissa Buch | Oct 25, 2020 | First Time Home Buyer, First Time Home Buyers Advice, House Hunting
First-Time Home Buyer Confessions: ‘How We Beat 32 Offers and Got the House’ First-time home buyers have it harder today than ever. Caught between high real estate prices, low housing inventory, and a pandemic that has many of us nervous about leaving our house, home...
by Sarah Kuta | Oct 24, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Real Estate Law
How Much Home Insurance Do I Need? A Guide for Buyers If you’re buying a home, choosing the right amount of home insurance for your property is key. Buy too much, and you’re wasting cash on coverage you’ll never use. Buy too little, and if a hurricane, hailstorm, or...
by Timothy Inklebarger | Oct 23, 2020 | First Time Home Buyer, Home Buyers, Real Estate Market, Real Estate Prices
More than half of Boston Massachusetts homes for sale face bidding wars More than half (56%) of homes sold through the online real estate marketplace Redfin received multiple offers in September, according to the company. That’s down only 3.2 percentage points from...
by Boston.com Real Estate | Oct 23, 2020 | Home Buyers, House Hunting, Mortgages and Mortgage Loan News
The slide in borrowing costs that began in March, as fears of the coronavirus drove investors to the safety of Treasuries, shows no signs of stopping. Lenders have tightened credit standards, presenting another potential obstacle for would-be buyers. Continue reading...
by Jason Porterfield | Oct 23, 2020 | Home Buyers, Home Prices, Real Estate Market
Boston homebuyers faced higher prices, lower inventory in September Boston, Massachusetts homebuyers expecting to catch a break last month encountered a tighter-than-usual September housing market, reflecting nationwide trends in pricing and inventory. The median...
by Clare Trapasso | Oct 21, 2020 | First Time Home Buyers Advice, Home Buyers, Home Prices, Real Estate Agent, Real Estate Market
Why Are Home Prices Rising So High? Blame Record-Low Mortgage Rates When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and...
by Terri Williams | Oct 20, 2020 | Home Buyers, New Construction
What to Look For in New-Construction Homes: These 5 Crucial Aspects Should Be on Your Radar Few things are as exciting as purchasing a newly constructed home. Everything is pristine and, presumably, will last for a very long time. However, just because a house is new...
by Christina Hughes Babb | Oct 20, 2020 | First Time Home Buyers Advice, Home Buyers
Generation Z’s Homebuying Behaviors Those born after 1996 are entering the years in which many Americans begin shopping for homes, and despite the economic turmoil created by COVID-19, this Generation Z is beginning to buy, according to a LendingTree study that...
by Cristin Espinosa | Oct 18, 2020 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, Real Estate Market
What Could Happen When Home Sellers Bounce Back The buying competition has been fierce since this summer’s downturn in new listings. However, data from realtor.com indicates that the sellers may soon be jumping back into the market. New listings were down 5% in the...
by Kerrie Kennedy | Oct 17, 2020 | Home Buyers, Home Prices, Real Estate Market
Boston Massachusetts home prices rose 4.4% in July Exceeding economists’ expectations, new data shows home prices rose nearly 5% in July as the housing market continued to demonstrate relative immunity to the COVID-19 recession. According to the latest S&P...