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Tagged : boston real estate agent

Found 52 blog entries tagged as "boston real estate agent".

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With our new Q3 market report just released, Nick takes a look at what he is seeing right now in the Boston real estate market. And, he gives his thoughts on what buyers and sellers can expect through the rest of the year.

What are some of the interesting trends you see in the recent market report?

The biggest trend I am seeing is that fewer transactions are happening in almost every neighborhood vs. 2021.  This is something that we were expecting with rising interest rates and economic uncertainty that we are experiencing.

How do you expect these trends to impact buyers and sellers over the next few months?

Fewer transactions mean that demand is softening which, with rising interest rates, is expected.  This means that sellers have to

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This month, Nick discusses home staging and what sellers should take into account when considering it. He gives tips for those considering staging their home and shares a success story from a recent sale.

What are some things a seller needs to consider when debating whether to have their home staged or not?

With the market shifting, sellers and their agents need to really focus on positioning their properties correctly to receive solid offers.  Part of this includes doing repairs and potentially decluttering and/or staging.  

The idea behind staging and/or decluttering is to eliminate potential distractions for buyers. It is hard for potential buyers to see themselves living in a property if all they remember is that hot pink bedroom or the

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As summer winds down and we look to the autumn season, Nick talks about what he expects during a historically busy time in Boston real estate. He discusses what buyers are looking for in the market now and what sellers can do to appeal to them.

What are buyers looking for right now in the market?

We’ve seen buyers shift from a scarcity mindset that forced them to be aggressive with their offers and terms to now being more patient and confident to negotiate with sellers again.

What can sellers do to best appeal to them?

Sellers face more competition and longer days on the market now vs. during the spring, so they have to be more strategic when listing their property for sale.  Sellers should work with their agents to find items around the

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3 Tips for Buying a Home Today | MyKCM

If you put off your Boston home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options.

But it’s important to keep in mind that while inventory is improving, it’s still a sellers’ market. And that means you need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams today.

1. Understand How Mortgage Rates Impact Your Homebuying Power

Mortgage rates have increased significantly this year, and over the past few weeks, they’ve been fluctuating quite a bit. It’s important to stay up to date on what’s happening with

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With half of 2022 behind us, we have already seen some very interesting changes in the Boston real estate market this year. Nick discusses these changes and how buyers and sellers can best prepare if they are looking to make a move this year.

What has surprised you most about the real estate market in Boston so far in 2022?

The biggest surprise to me is how quickly things have changed.  

At the beginning of this year, we experienced one of the busiest real estate markets I’ve ever seen.  There seemed to be a rush of buyers racing against the looming rise in interest rates.  This rush continued until around April when we suddenly started hearing concerns from buyers and seeing less activity at some listings than we initially expected.  

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Summer is here, and we can’t wait to explore the wonderful outdoors throughout Greater Boston! As temperatures heat up, we look to the Boston real estate market to see if it is following the same trend - or possibly starting to cool down? Nick walks us through what is happening in the market and some ways you can enjoy the wonderful summer season in Boston!

There have been some news reports that the market is cooling or adjusting. Is this true?

Mortgage rates are now above 6%, significantly increasing monthly mortgage payments for those buying now vs. 6-18 months ago.  The increase has affected the real estate market, especially over the past month.  Days on the market have increased, and we’ve seen fewer properties receive multiple offers. 

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Work With a Real Estate Professional if You Want the Best Advice | MyKCM

Because buying or selling a home in the Boston area is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation.

An Expert Will Give You the Best Advice Possible

Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately tell you how the case is going to end or how the judge or jury will rule. What a good attorney can do, though, is discuss the most effective strategies you can take. They may recommend one or two approaches they believe will work well for your case.

Then,

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Think Smarter Nick Warren

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.

What makes the Boston real estate market unique for first-time buyers?

First-time homebuyers in Boston are a bit different. Given that our average sold price in Boston is now over $1m, first-time buyers typically have to wait a bit longer until they can afford to buy a property here vs. other parts of the country.  

Even if they are waiting until they are in their late 20s or 30s, they still may not have enough money for a down payment, so we often see first-time buyers get help

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Think Smarter Nick Warren

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.

What can you tell us about the new Raffles Residences?

Like many Bostonians, I had never heard of the Raffles hotel brand before. Walking into the sales center of the Raffles Residences, I sensed a different level of quality and finishes in these homes compared to what we see in many of the new luxury towers in Boston. 

The attention to detail was noticeable immediately, even in the small details like the knockers on the front door. 

This group of developers definitely wasn’t interested in

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The Future of Home Price Appreciation and What It Means for You | MyKCM

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.

However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week on this issue:

“. . . We do need price appreciation to slow today (it’s not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a much different & safer space: better credit quality, low DTI [Debt-To-Income] & tons of equity. Hence, a crash in prices is very

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