This month, Nick advises first-time home buyers and ideas for helping them navigate the competitive landscape of the Boston real estate market. Read on to learn how to make an offer competitive and one crucial piece of advice that can help you buy your first home.
Many people are wondering: will home prices fall this year? Whether you're a potential homebuyer, seller, or both, the answer to this question matters to you. Let's break down what's happening with home prices in the Boston area, where experts say they're headed, and how this impacts your homeownership goals.
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here's a look at how that breaks down state-by-state (see map below):
Nick and the rest of the office recently got a special behind-the-scenes tour of the brand new Raffles Residences. This month, he talks about the exciting aspects of these highly anticipated homes and how they will blend into the Boston landscape.
Many consumers are wondering what will happen with home values in the Boston area over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago.
As we enter the spring market, which is historically the busiest in Boston real estate, Nick gives his insight on what you can expect during the season. He offers tips for sellers looking to make a move and those looking for their first home in the Boston area.
As a homebuyer, it's important to plan and budget for the expenses you'll encounter when you purchase a home in the Boston area. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here's some information to help you get started so you're not caught off guard when it's time to close on your home.
2022 seems to be following in 2021’s footsteps regarding the suburban market. Our agents report even more activity at open houses and multiple offer scenarios. Buyers are becoming more aggressive with dropping contingencies to compete. I believe that this is partially due to buyers' rush to get something under agreement before rates rise.
If you're planning to sell your Boston home this year, you're probably thinking about what you'll need to do to get your house ready to appeal to the most buyers. It's crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you're making your list of projects to tackle this year.