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Archive for the ‘Mortgage Market’ Category

Market News: Home Sales Up in the Bay State!

June 24th, 2010 by Nick Warren

According to an article in the Boston Business journal, there is great news for the Boston real estate market. Single-family home sales in the Bay State surged 37% in May. Citing a report done by the Warren Group, the year-over-year increase is the fourth month in a row with double digit increases in percentage.
Other statistics [...]

Posted in:  Back Bay, Back Bay Rentals, Back Bay Single Family, Boston Commercial Real Estate, Boston Economy, Boston Real Estate Market, Boston Single Family, Mortgage Market, Warren Residential Group   |   Tags: , , , ,   |   No Comments

Massachusetts Foreclosures up 80% from Last April

May 21st, 2010 by Nick Warren

According to an article released by the Boston Globe on Tuesday, the Massachusetts housing market started more foreclosures this past April than it did in 2009. This occurred despite the fact that the housing market is in fact improving.
There is reportedly a whopping 21% jump in foreclosure petitions – which are the first step in [...]

Posted in:  Auctions, Boston Commercial Real Estate, Boston Economy, Boston Real Estate Market, Boston Rental Market, Mortgage Market, Mortgage Rates, Warren Residential Group, boston apartments, massachusetts home sales   |   Tags: , , , ,   |   No Comments

10 Things to Know if You are Now Buying a Home

May 10th, 2010 by Nick Warren

If you’re buying a home right now, things are looking good: Interest rates are low, and housing prices around Boston, while not total bargains, are overall considerably lower than they were at their peak in 2005.
I thought that with the sales season under way, that I would share some tips for home purchase and ownership:
1. [...]

Posted in:  Boston Economy, Boston Luxury Loft, Boston Real Estate Market, Boston Single Family, Loft Buildings, Mortgage Market, Mortgage Rates, Tax Credit, Tax Credits, boston investment property, massachusetts home sales   |   Tags: , , , ,   |   No Comments

Help for the Real Estate Distraught: New Re-Purchase Rules

April 26th, 2010 by Nick Warren

Here’s some good news for people who’ve had to give the deed on their house back to the bank because of financial problems, or who have done a short sale to avoid foreclosure: You may not have to wait the typical four or five years to re-qualify for financing to buy another home.
Instead, it could [...]

Posted in:  Boston Development, Boston Economy, Boston Luxury Loft, Boston Real Estate Market, Boston Rental Market, Boston Single Family, Boston Waterfront Real Estate, Brookline Luxury Condo, Foreclosure, Mortgage Market, Mortgage Rates, Warren Residential Group, boston apartments, boston investment property   |   Tags: , , , , , , , , , , ,   |   No Comments

Real Estate Market Hopeful But Wary

April 12th, 2010 by Nick Warren

Is the Massachusetts housing market officially in recovery? In a recent article by Jenifer B. McKim of the Boston Ledger, she indicates that the numbers seem to say yes.
Median sale prices for single-family homes increased 8.4 percent in February, marking the third consecutive month of higher prices compared with the same three months last year, [...]

Posted in:  Boston Economy, Boston Real Estate Market, Boston Rental Market, Luxury Buildings, Mortgage Market, massachusetts home sales   |   Tags: , , ,   |   No Comments

Some Basic Borrowing Guidelines for First Time Home Buyers and Condo Purchasers

January 7th, 2010 by Nick Warren

Clients always ask me about mortgages.  They ask:  What is the current rate?  How much of a loan can I get?  Etc., Etc.  Well, the answer is that there really is no one answer for those questions.  There are so many variables that come in to account that it is impossible to give solid answer.  [...]

Posted in:  Mortgage Market, Mortgage Rates   |   Tags: , , , , ,   |   No Comments

Warren Residential Partners with Prospect Mortgage as Preferred Lender

October 29th, 2009 by Nick Warren

We at Warren Residential Group are proud to announce our partnership with Christina Longo - Sr. Loan Officer at Prospect Mortgage Company.
We partnered with Christina/Prospect Mortgage because she has shown us – even in this changing credit environment - that she is a valuable resource to our clients and at Warren Residential Group it a priority that our clients [...]

Posted in:  Mortgage Market, Mortgage Rates   |   Tags: , , ,   |   No Comments

 
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