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April 2023

Found 5 blog entries for April 2023.

The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more Boston homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now.

Here’s what industry experts are saying right now about the spring housing market and what it means for you:

Selma Hepp, Chief Economist, CoreLogic:
We see more competition among buyers . . . Housing supply also tends to grow during the spring months. And this is also the time of year when relatively more migration happens, as people graduate and move elsewhere looking for jobs.”
Greg McBride, Chief Financial Analyst, Bankrate:
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As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.

A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:

“U.S. home prices…
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Negotiating in the Boston Real Estate Market

Practical negotiation skills are essential for buyers and sellers in the cutthroat Boston real estate market. Learning the art of negotiating can make all the difference when trying to sell your property for the highest price or buy your dream house. Practical negotiation skills are essential for both buyers and sellers in the cutthroat Boston real estate market. We'll go over key advice in this blog post to help you successfully negotiate and accomplish your real estate goals, as well as how a qualified real estate agent can support you at every stage.

Perform Your Due Diligence: Knowledge is power, and knowledge of the local market, recent sales, and comparable properties is essential for a successful negotiation. A qualified real estate agent

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think smarter 2023

In the competitive Boston real estate market, it's crucial to make the right improvements to stand out and secure a quick, profitable sale. At Berkshire Hathaway HomeServices Warren Residential, we are proud to partner with Curbio, a national contractor who provides a wide range of repair and remodeling services that sellers don't have to pay for until after the property sells. In this post, our CEO, Nick Warren, shares some insights on the best improvements sellers can make to increase the chances of a successful sale in the Boston real estate market.

How does the partnership with Curbio benefit sellers in the Boston real estate market?

Our partnership with Curbio offers a significant advantage to sellers, as it allows them to make necessary

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Wondering if you should sell your boston home this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below):

Let’s break those reasons down and explore how they might resonate with you.

1. I Want To Take Advantage of the Current Market and Make a Profit

When you decide to sell your house, how much you’ll make from the sale will likely be top of mind. So, here’s some good news: according to the latest data, the average seller can expect a strong return on their investment when they make a move. ATTOM explains: 

“The $112,000 profit on median-priced home…
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