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January 2023

Found 5 blog entries for January 2023.

think smarter

2023 is here and we couldn’t be more excited about the new year! There are some exciting new developments coming to completion this year which Nick discusses this month. And, he gives tips for those looking to buy in one of these new communities.

What are some of the new buildings you are excited about being completed this year?

The two buildings that I’m really excited about are Raffles Residences and Winthrop Center.  

Raffles Boston Back Bay is going to set a new bar for luxury in the Boston real estate market.  This ultra-premium, 33-story Boston condo building features 146 luxury condos on the upper floors and 147 hotel rooms on the lower floors.  Owners will enjoy the amenities and services provided by the Raffles hotel as well as

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Pre-Approval in 2023: What You Need To Know | MyKCM

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

“In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to borrow, and what your rate could be.”

Basically, pre-approval gives you critical information about the homebuying process that’ll help you understand your options and what you may be able to borrow.

How does it work? As part of the pre-approval process, a lender will look at your finances to determine what they’d be willing to loan you. From there, your lender will give you a pre-approval

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What Experts Are Saying About the 2023 Housing Market | MyKCM

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023?

An article from HousingWire offers this perspective:

“The red-hot housing market of the past 2 ½ years was characterized by sub-three percent mortgage rates, fast-paced bidding wars and record-low inventory. But more recently, market conditions have done an about-face. . . . now is the opportunity for everyone to become re-educated about what a ‘typical’ housing market looks like.”

This year, experts agree

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Wondering How Much You Need To Save for a Down Payment? | MyKCM

If you’re getting ready to buy your first home in the Boston area, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let a common misconception about how much you need to save make the process harder than it could be.

Understand 20% Isn’t Always the Typical Down Payment

Freddie Mac explains:

“. . . nearly a third of prospective homebuyers think they need a down payment of 20% or more to buy a home. This myth remains one of the largest perceived barriers to achieving homeownership.

Unless specified by your loan type or lender, it’s typically not required to put 20% down. This means you could be closer to your homebuying dream than you

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Exploring Boston's Neighborhoods

Exploring Boston's Charm: A Guide to Some of Our Most Popular Neighborhoods

Welcome to Exploring Boston's Charm: A Guide to the Different Neighborhoods. Are you looking for a place to call home in Boston? Well, look no further! This guide will help you explore the city and get familiar with its many neighborhoods. From the historic North End and chic Beacon Hill to vibrant Downtown and progressive Jamaica Plain, there is something for everyone -- each neighborhood offering unique characteristics, amenities, and housing options. Let's get exploring!

A guide to the different neighborhoods in Boston, highlighting their unique characteristics, amenities, and housing options.

Welcome to Exploring Boston's Charm – A Guide to the Different

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