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Boston Real Estate Blog

If you’re trying to decide whether or not to sell your house in the Boston area, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know.

What’s Really Happening with Home Prices?

It’s possible you’ve seen news stories mentioning a drop in home values or home price depreciation, but it’s important to remember those headlines are designed to make a big impression in just a few words. But what headlines aren’t always great at is painting the full picture.

While home prices are down slightly month-over-month in some markets, it’s also true that home values are up nationally on a year-over-year basis. The graph below uses the

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As a real estate broker in Boston, I have the privilege of helping people find their dream homes in one of the country's most exciting and vibrant cities. In addition to the city's many cultural attractions and events, there are also some great holiday shopping and entertainment opportunities to enjoy.

Here are some of the top things to do in Boston during the holiday season and how they can enhance your experience of living in a luxury home in the city:

  1. Ice Skating at the Frog Pond:  Located in Boston Common, the Frog Pond is a popular spot for ice skating during the winter months. Imagine hosting a holiday party and inviting guests to enjoy the magic of ice skating in the heart of the city.

  2. Shop at Faneuil Hall Marketplace:  

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What’s Going on with Home Prices? Ask a Professional. | MyKCM

If you’re thinking about buying or selling a home around Boston this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market.

That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying:

Danielle Hale, Chief Economist at realtor.com, says:

“The major question on the minds of homeowners and aspiring buyers alike is what will happen to home prices. . . Soaring prices

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  The Boston Landlord Dilemma

As a Boston investment property landlord, managing your property can be time-consuming and challenging. From finding tenants and collecting rent to handling maintenance and repairs, there is a lot to keep track of. One option that many Boston landlords consider is hiring a residential property management company to handle these responsibilities. But is this the right choice for you? In this post, we will explore the pros and cons of hiring a property management company in Boston to help you make an informed decision.

Pros:

  • A property management company in Boston can handle all of the day-to-day responsibilities of owning an investment property, such as finding tenants, collecting rent, and handling maintenance and repairs. This can save

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Top 5 Hidden Gem Neighborhoods of Boston

Boston is a vibrant and historic city with a wide range of neighborhoods to choose from. Whether you're looking for a bustling urban area or a quiet suburban community, there's something for everyone in Boston.

But with so many options, it can be tough to know where to start your search for the perfect place to call home. That's why we've put together this list of some of the hidden gems of Boston - neighborhoods that are often overlooked by homebuyers but offer a wealth of opportunities and amenities.

  1. Roslindale: Located in the southwestern part of the city, Roslindale is a diverse and family-friendly neighborhood often overlooked by homebuyers. But with its convenient location, excellent schools, and abundance of green space, it's a

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think smarter

As 2022 winds down, Nick discusses the changes we have seen this past year and his predictions for 2023. He talks about what sellers should be doing to optimize their homes for sale and what buyers can expect as we see the market cool down a bit.

What will we see in the Boston real estate market in 2023?

The first quarter of 2023 will be much like Q4 of 2022.  We are in the middle of a transition period where buyer and seller expectations are not quite lined up.  Every month that goes by should get those expectations closer to reality, which will result in more and more transactions happening. 

What can sellers be doing now to optimize their listings?

Sellers need to be aware of the changes in the market and understand that pricing it

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What Homeowners Want To Know About Selling in Today’s Market | MyKCM

If you’re thinking about selling your house in the Boston area, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains:

“. . . while prospective home sellers may lament that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com® home seller survey, 95% of sellers who sold their home in the past year got more than they paid for it.

Nonetheless, some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.”

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What’s Ahead for Mortgage Rates and Home Prices? | MyKCM

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible.

Mortgage Rates Will Continue To Respond to Inflation

There’s no doubt mortgage rates have skyrocketed this year as the market responded to high inflation. The increases we’ve seen were fast and dramatic, and the average 30-year fixed mortgage rate even surpassed 7% at the end of last month. In fact, it’s the first time they’ve risen this high in over 20 years (see graph below):

In their latest quarterly report, Freddie Mac explains just

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Sell Your House Before the Holidays | MyKCM 

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?

If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays.

1. Get One Step Ahead of Other Sellers

Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of

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3 Trends That Are Good News for Today’s Homebuyers | MyKCM

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home in the Boston area.

As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today.

1. More Homes To Choose from

During the pandemic, the housing supply hit a record low at the same time buyer demand skyrocketed. This combination made it difficult to find a home because there just weren’t enough to meet buyer demand. According to Calculated Risk, the supply of homes for sale increased by 39.5% for the week ending October 28 compared to the

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