by Demetria C. Lester | Nov 1, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Mortgages and Mortgage Loan News
Catch-22: When You Have Millions of Vacant Homes But Also a Housing Shortage MABA MaBuyerAgent MassachusettsRealEstate FirstTimeHomeBuyers In wake of the Fed’s recent rate cut last month, hesitant Americans are becoming open to the idea of entering the market to...
by Liz Hughes | Oct 30, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Real Estate Market, Real Estate Prices
Buying a starter home is more affordable; first annual drop since 2020 MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent It’s cheaper to buy a starter home today than it was a year ago. A new Redfin report found the amount a homebuyer needs to earn to...
by Liz Hughes | Oct 29, 2024 | Boston Real Estate Market, First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Real Estate Market, Real Estate Prices
First residential building in Suffolk Downs redevelopment opens MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent The first residential building in the Suffolk Downs redevelopment project in Revere is officially open. A grand opening ceremony was held for...
by Demetria C. Lester | Oct 28, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, MABA, Mortgages and Mortgage Loan News, Real Estate Market
Economic, Political Uncertainty Fuels Record Low Home Turnover MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent According to a new Redfin analysis, in the first eight months of 2024, only twenty five out of every one thousand U.S. homes changed hands,...
by Demetria C. Lester | Oct 27, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, MABA, Mortgages and Mortgage Loan News, Real Estate Market, Real Estate Prices
Effects of Lower Mortgage Rates Differ Across U.S. Markets MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent New Realtor.com data revealed that experts anticipate that mortgage rates will remain in the low six percent level through the end of the year,... by Liz Hughes | Oct 26, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, MABA, Mortgages and Mortgage Loan News, Real Estate Market, Real Estate Prices
Listings on the rise as mortgage rates hit 24-month low MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent More sellers are putting their homes on the market as mortgage rates fall significantly for the first time in two years, according to Realtor.com®’s...
by Demetria C. Lester | Oct 25, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Mortgages and Mortgage Loan News, Real Estate Market, Real Estate Prices
FHFA Proposes Rule to Improve Liquidity Access for FHLBanks MABA MassachsuettsRealEstate FirstTimeHomeBuyers MaBuyerAgent In a new release, a notice of proposed rulemaking on Federal Home Loan Bank (FHLBank) Unsecured Credit Limits has been issued by the Federal...
by Demetria C. Lester | Oct 24, 2024 | Mortgages and Mortgage Loan News
How Much Do Buyers Need to Afford the Typical Starter Home? MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent According to a new Redfin analysis, Americans must make $76,995 annually to afford the median priced starter home ($250,000), a point four percent...
by Demetria C. Lester | Oct 23, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Mortgages and Mortgage Loan News, Real Estate Market, Real Estate Prices
Homebuyers No Longer Spooked by Market Conditions MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Following the Federal Reserve‘s 50 basis point reduction in the jumbo rate in September, mortgage rates significant fell to a 24-month low, prompting...
by Den Shewman | Oct 21, 2024 | First Time Home Buyer, First Time Home Buyers Advice, Home Buyers, Home Prices, House Hunting, Mortgages and Mortgage Loan News, Real Estate Market, Real Estate Prices
What Cities Are Millennial and Gen Z Veteran Homebuyers Targeting? MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgent Millennials and Gen Z account for forty one percent of today’s homebuyers, and last year, made up the largest share of veteran and...