In a normal market, it's good to have an experienced guide coaching you through the process of buying or selling a home in the Boston area. That person can advise you on important things like pricing your home correctly or the first steps to take when you're ready to buy. However, the market we're in today is far from normal. As a result, an expert isn't just good to have by your side - an expert is essential.
This month Nick gives his advice to buyers looking to make a move this spring/summer. With a highly competitive Boston real estate market, it can be challenging, but there are ways to be competitive and purchase the home of your dreams!
When buying a home in Boston, it's important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important.
Homebuyers are flooding the Boston housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand around Boston greatly outweighs the current housing supply. Here's how the shortage of houses for sale sets yours up to be the oasis in an inventory desert.
Over the past few months, there hasn't been a morning that my notifications weren't filled with headlines talking about the real estate inventory crisis. I can't even escape hearing about it while mindlessly scrolling through TikTok!
Homeowners ready to make a move are definitely in a great position to sell today all around Boston. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it's fueling a steady rise in home prices throughout Greater Boston.
Spring is officially here, and the Boston real estate market certainly is heating up like the weather! Nick gives tips for sellers looking to make a move this spring - and how to best prepare your home for sale, as well as pricing their home competitively. He also offers an important suggestion for buyers navigating the common bidding wars we are seeing in the market today.
If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market around Boston and the optimal time to make sure your house is available for buyers who are looking for homes to purchase.
As we head into the spring market, Nick discusses how this year compares to years past in terms of the Boston real estate market. With housing inventory down over 25% nationally, it is a seller’s market in many areas. Nick gives tips for those looking to make a purchase during this time and also advises how sellers can best take advantage of this market.
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell.