Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That's the highest point it's been in almost two years. If you're thinking about buying a home in the Boston area, this news may have come as a bit of a shock. But the truth is, it wasn't entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here's a look at the projections from Freddie Mac for this year:
As we enter into a new year, Nick chats about some exciting new projects around Boston. He also gives tips for buyers and renters looking to make a move in the new year.
As a buyer in a sellers' market, sometimes it can feel like you're stuck between a rock and a hard place. When you're ready to make an offer on a home in the Boston area, remember these five easy tips to help you rise above the competition.
October is historically one of the best times for buyers to make a real estate purchase. Is it any different in 2021? Nick talks about the current stats of the market, looking at inventory, prices, and what the market is currently like for buyers in the Boston area.
The temperatures are cooling, but the Boston real estate market is not! This month, Nick talks about how buyers can best navigate the market if they want to purchase before the end of 2021. He also gives some strategies sellers can utilize to get top dollar during this competitive time.
As summer winds down, Nick looks at the unique real estate market in the Boston area so far this year. He also discusses some upcoming projects and new construction that he is excited about in Boston.
Home prices continue to rise as we move through the summer, and that's good news for sellers in the Boston area who are looking to maximize their home's potential. If you're on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last?
It's hard to believe that 2021 is half over! This month, Nick talks about how he sees the next half of 2021 playing out in the Boston real estate market.
What will it be like for buyers looking to make a purchase and sellers looking to sell around the Greater Boston area?
What is it like to sell your home during this competitive and crazy market? Nick talks about some transactions over the past few months to highlight how the inventory shortage impacts sellers. He also gives tips for how sellers can be competitive and sell for top dollar in this market.