by Boston.com Real Estate | Aug 29, 2020 | First Time Home Buyers Advice, Home Buyers, House Hunting
Call it mill city momentum, but Lawrence, MA isn’t the housing bargain it used to be ““This city is, and always has been, a magnet for immigration of all kinds.” They say a rising tide lifts all boats. In Lawrence, it’s also raising rents. While this...
by Ana Durrani | Aug 29, 2020 | Home Buyers, Outdoor Living
Beware the Spotted Lanternfly, the Latest Pest That Could Spell Bad News for Homeowners So far this year, we’ve seen the arrival of murder hornets, EEE-carrying mosquitoes, and zombie cicadas. Now, there’s another pest to add to your radar: the spotted lanternfly....
by Boston.com Real Estate | Aug 28, 2020 | Home Buyers, Home Prices, House Hunting
Report: US home prices climbed 3.5 percent in June In more good news, the Commerce Department reported last week that construction of new homes surged 22.6 percent last month. Boston experienced a 3.5 percent year-over-year increase, but these three cities led the...
by Boston.com Real Estate | Aug 28, 2020 | First Time Home Buyers Advice, Home Buyers, Mortgages and Mortgage Loan News
Fannie Freddie Mac extend foreclosure suspension until year’s end The eviction suspensions don’t apply to tenants living in homes that have not been foreclosed upon, Fannie and Freddie said. Fannie Mae and Freddie Mac will extend their suspension of mortgage...
by Kerrie Kennedy | Aug 28, 2020 | Home Buyers, Real Estate Market, Real Estate Prices
Fueled by buyer demand and low inventory, home prices continued to climb in June The housing market continued to demonstrate relative strength amid a weakened U.S. economy, as home-price appreciation rose again in June. The S&P CoreLogic Case-Shiller 20-city price...
by Jacob Passy | Aug 27, 2020 | Buyer Agents, Home Buyers, Real Estate Agent
New Home Sales Surged to Highest Level Since 2006 in July, but Builders Could Soon Face Headwinds The numbers: Sales of new single-family homes increased markedly for the third month in a row, rising to their highest level since 2006. Sales of new single-family houses...
by Jennifer Kelly Geddes | Aug 27, 2020 | Home Buyers, House Hunting, Interior Design, Real Estate Agent
What Is Belgian Modern Design? A Modern Farmhouse-Hygge Mashup What is Belgian modern design? This offshoot owes some of its popularity to Scandinavian chic (hygge, anyone?), while others call it a mashup of modern farmhouse and minimalism. “Belgian modern design is a...
by Christina Hughes Babb | Aug 26, 2020 | Buyer Agents, Mortgages and Mortgage Loan News
Residential Refinance Mortgages Rose 100% in a Year According to results posted from the most recent ATTOM Data Solutions second-quarter 2020 U.S. Residential Property Mortgage Origination Report, residential refinance mortgages are more popular than ever. In fact,...
by Christina Hughes Babb | Aug 26, 2020 | Home Buyers
Shrinking Home Inventory Results in Rising Home Value July 2020 continued to be a sellers’ market thanks to an evaporating inventory and a surplus number of buyers, according to the latest Zillow Real Estate Market Report. Last month, Zillow found the average home...
by Christina Hughes Babb | Aug 25, 2020 | Boston Real Estate Market, Home Buyers, Home Prices, House Hunting
Most Home Buyers Will Exceed Budget for ‘Perfect Home’ It looks as if lenders may be in luck, as more and more home buyers will most likely be needing to take out larger mortgages than they had first anticipated. According to a recent report from real estate experts...
