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Tagged : boston real estate agent

Found 36 blog entries tagged as "boston real estate agent".

Think Smarter Nick Warren

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.

October is typically one of the best months for home buyers. Is that true this year as well?

The fall market is generally not quite as strong as the spring market, so the competition should be less as a buyer.  However, this fall’s data shows that a lot of activity is still happening, so I expect to see scenarios with multiple offers, etc., still.

Does inventory remain scarce throughout Greater Boston?

Yes, compared to this time last year, inventory is down significantly. 

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Think Smarter Nick Warren

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.

For buyers looking to make a move before the end of the year, what pieces of advice do you have for them?

For those looking to purchase before the end of the year, whether for personal or financial reasons, one of the biggest things you should plan for is the amount of time it takes to close in real estate. 

Typically, you can expect the actual closing to happen somewhere between 30 and 60 days after putting a property under agreement.  This time frame can be

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Think Smarter with Nick

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.

What new construction projects in the city should buyers know about?

There are many great new luxury condo developments in the works here in Boston, but here are two that I’m most excited about seeing!

St. Regis Boston Residences

This new luxury highrise in Boston’s Seaport District is getting a lot of attention already.  It will feature 114 residences with many different floor plans to choose from.  The floor-to-ceiling windows will allow residents to have some of the most spectacular waterfront views in Boston.

Raffles Boston Back Bay

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Think Smarter with Nick

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? 

And, what can we expect to see in the rental market through the end of the year?

For buyers and sellers looking to make a move by the end of 2021, what do you think they can expect?

Most predictions I’ve heard are stating that the market will remain strong with low inventory and high buyer demand, which I agree with.  There has been additional inventory coming on the market over the past few weeks, which has helped things a bit. Historically speaking, we still see only

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Think Smarter with Nick

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.

What have you seen in recent transactions that is unique to the market right now?

I've written about this before, but the unique thing we have been seeing in transactions right now vs. a regular balanced market is that buyers have become so frustrated with losing out on offers that they are willing to take on significant risk by removing contingencies.  The most important thing when considering this as a buyer is that you know what those risks are.  I wrote a

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The Right Expert Will Guide You Through This Unprecedented Market | MyKCM

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.

Today’s Boston housing market is full of extremes. Mortgage rates hovering near record-lows are driving high buyer demand. On the other hand, an absence of sellers is creating record-low housing inventory. This imbalance in supply and demand is leading to a skyrocketing rate of bidding wars and more houses selling over their asking price.

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Think Smarter with Nick

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!

There is a lot of talk about “contingencies” right now - can you explain these?

Contingencies are clauses in an offer that define a condition or action that must be met for the purchase contract to become legally binding.  

Typical contingencies buyers use in offers include:

  • Inspection Contingency - Allows the buyer to have a professional home inspector inspect the property and then decide whether they want to move forward with the purchase, potentially renegotiate the price/terms, or back out and

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Don’t Forget to Budget for Closing Costs | MyKCM

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.

What Are Closing Costs?

According to Trulia:

“When you close on a home, a number of fees are due. They typically range from 2% to 5% of the total cost of the home, and can include title insurance, origination fees, underwriting fees, document preparation fees, and more.”

For example, for someone buying a $300,000 home, they could potentially have between $6,000 and $15,000 in closing fees. If you’re in the market for a home above this price range, your

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The Inventory Crisis

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!  

But, while we are all well aware of the crisis, understanding why it is happening isn’t as clear, even to those in the real estate industry.  So I figured I’d try to summarize my thoughts on what is happening in “this crazy real estate market!”.

The Perfect Storm

There isn’t just one factor that created the situation we are experiencing.  It is more of a “perfect storm” of multiple scenarios playing out at the same time.  Below are, in my opinion, some of the biggest culprits.

  • A

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4 Tips to Maximize the Sale of Your House | MyKCM

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.

In such a hot market, houses are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days. Despite the speed and opportunity for sellers, there are still steps you can take to prep your house to shine so you get the greatest possible return.

1. Make Buyers Feel at Home

One of the ways to make this happen is to take time to declutter. Pack away any personal items

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