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May 2023

Found 3 blog entries for May 2023.

think smarter 2023

As the weather warms up and the housing market continues to sizzle, we'll discuss the importance of staging your home for sale and exploring some of our city's fantastic summer activities.

The Impact of Staging in the Boston Home Market

The importance of staging cannot be overstated when selling your Boston area home. Staging is more than just sprucing up your space—it's about creating an environment in which potential buyers can envision themselves. It's about showing off your home's best features, making it feel inviting, and subtly persuading buyers that this is their future home.

Think about it: when you walk into a well-staged home, you're not just seeing furniture and decor—you're seeing a lifestyle. You're imagining Sunday brunch in

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If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the Boston housing market, and your plans to buy a home? Here’s what you need to know.

Inflation and the Housing Market

While the Fed’s working hard to lower inflation, the latest data shows that, while the number has improved some, the inflation rate is still higher than the target (2%). That played a role in the Fed's decision to raise the Federal Funds Rate last week. As Bankrate explains:

Keeping its inflation-fighting streak alive, the Federal Reserve has raised interest rates for the 10th time in 10 meetings . . . The hikes aimed to cool an economy that was on…
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The recent news of the Federal Reserve increasing interest rates by 0.25 percentage points marks the tenth consecutive hike. While this decision aims to reduce liquidity in financial markets and control high inflation, how could it impact the Boston real estate market? This blog post will explore the potential consequences of rising interest rates on the Boston real estate market.

Mortgage rates and home affordability:  Although the federal funds rate doesn't directly impact mortgage rates, they typically move in the same direction. Higher interest rates often lead to higher mortgage rates, affecting home affordability. As mortgage rates rise, potential homebuyers in Boston may find it more challenging to afford homes due to increased financing costs

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