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Tagged : BHHS

Found 30 blog entries tagged as "BHHS".

What It Means To Be in a Sellers’ Market | MyKCM

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.

The latest Existing Home Sales Report from The National Association of Realtors (NAR) shows the inventory of houses for sale is still astonishingly low, sitting at just a 2-month supply at the current sales pace.

Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in which there are enough homes available for active buyers (See graph below):

What It Means To Be in a Sellers’ Market | MyKCM

When the supply of houses for sale around Boston is

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Think Smarter with Nick

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.

According to the National Association of Realtors latest report, housing inventory across the country is down by 25.7% year-over-year. What are you seeing specifically in the Boston area?

We are really looking at two entirely different real estate markets when it comes to Boston vs. the suburbs.  In Boston, our condo inventory is actually up 32.85% YoY (as of 3.15.21) yet, in the suburbs,

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Will the Housing Market Bloom This Spring? | MyKCM

Spring is almost here, and many are wondering what it will bring for the Boston housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will bloom this season.

Danielle Hale, Chief Economist, realtor.com:

“Despite early weakness, we expect to see new listings grow in March and April as they traditionally do heading into spring, and last year’s extraordinarily low new listings comparison point will mean year over year gains. One other potential bright spot for would-be homebuyers, new construction, which has risen at a year over year pace of 20% or more for the last few

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Is It a Good Time to Sell My House? | MyKCM

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.

Doug Duncan, Vice President and Chief Economist at Fannie Mae, explains:

“Overall, the index’s monthly increase was driven largely by a substantial jump in the share of consumers reporting that it’s a good time to sell a home, with many citing favorable mortgage rates, high home prices, and low housing inventory as their primary rationale.”

Normally, spring is the busiest season in the Boston housing

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3 Ways You’ll Win When You Buy a Home This Year | MyKCM

There are so many great reasons to purchase a home in the Boston area, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain. If you’re a repeat buyer looking for your dream home, making a move might give you the space or features you need to find greater success and happiness in a new normal way of life. Whatever your motivations are, here are three reasons why becoming a homeowner now may help you win big in the long run.

1. Buying a Home Is a Great Investment

Several recent reports indicate that real estate is still a good investment, topping other options

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How to Make the Dream of Homeownership a Reality This Year | MyKCM

In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where we can grow and flourish.

If you’re dreaming of buying a home this year, start by connecting with us to understand what goes into the process. With a trusted advisor at your side, you can then begin to answer the questions below to set yourself up for homebuying success.

1. How Can I Better Understand the

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Think Smarter with Nick

2021 is here, and we could not be more excited! Nick makes his predictions for the Boston city market with a new year ahead of us and what he thinks we will see for buyers, sellers, and renters throughout the Downtown markets.

As we head into 2021, what predictions do you have for the city market - specifically the downtown neighborhoods?

We are now just over a couple of weeks into 2021, and we have already seen about 23% more condos in Boston go under agreement vs. the same period in 2020.  I regularly meet with our agents to gain perspective on the market, and most have told me that this is the busiest January they have ever experienced.

With the vaccine rolling out and a new administration in the White House only days away from taking

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Is This the Year to Sell My House? | MyKCM

If one of the questions you’re asking yourself is, “Should I sell my house in Boston this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why.

According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now is a good time to buy a home, while 59% feel it’s a good time to sell one:

“The percentage of respondents who say it is a good time to sell a home remained the same at 59%, while the percentage who say it’s a bad time to sell decreased from 35% to 33%. As a result, the net share of those who

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 boston real estate market january 2021

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them.

When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help you stay on the right track when selling your house this year.

1. Price Your Home Right

When inventory is low, like it is in the current Boston real estate market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not,

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Think Smarter with Nick

The end of 2020 is here and many would say they are looking to 2021 for brighter days! Nick gives his predictions on what he thinks we can expect from the market next year for buyers, sellers, and renters. Plus, he gives a piece of advice to anyone looking to make a move next year!

What are your predictions for the Boston real estate market as we head into 2021?

The reasons people loved living in Boston, or any major metropolitan city for that matter, such as convenience and the overall experiences it provides for its residents, have all been turned upside down since the pandemic hit.  My prediction is that it will take about 12-18 months after a vaccine is widely distributed for the energy and excitement of city living to return.  But, once it

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