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Tagged : Nick Warren

Found 70 blog entries tagged as "Nick Warren".

Think Smarter Nick Warren

As spring approaches, many people start thinking about listing their homes for sale in the Boston area. Nick discusses what sellers can expect this year in suburban and city markets. He also gives tips for best maximizing your sale price when you sell.

What can sellers expect in the suburban markets around Boston?

2022 seems to be following in 2021’s footsteps regarding the suburban market. Our agents report even more activity at open houses and multiple offer scenarios. Buyers are becoming more aggressive with dropping contingencies to compete. I believe that this is partially due to buyers' rush to get something under agreement before rates rise.  

I expect this trend to continue for a few months until the rates rise to a point where some

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What Every Seller Needs To Know About Renovating This Year | MyKCM

If you’re planning to sell your Boston home this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you’re making your list of projects to tackle this year.

1. The Number of Homes for Sale Is Very Low

Housing inventory sits far below what is normally considered a balanced market. In fact, according to the National Association of Realtors (NAR), the latest data indicates inventory is hitting an all-time

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With Mortgage Rates Climbing, Now’s the Time To Act | MyKCM

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:

  • Q1 2022: 3.4%
  • Q2 2022: 3.5%
  • Q3 2022: 3.6%
  • Q4 2022: 3.7%

As the numbers show, this jump in rates is in line with the expectations from Freddie Mac. And what they also indicate is that mortgage rates are projected to continue climbing throughout the

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Think Smarter Nick Warren

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.

What are some new developments that you are excited about this year?

I’m excited to see the St. Regis Residences in the Seaport be completed.  Their services and finishes are extraordinary and will set a new bar for Boston luxury real estate.  Our agents have pre-construction access for anyone interested in potentially purchasing a condo in this project.  

Another new luxury development slated for completion in 2022 is The Parker.   Just steps from the Boston Common, this development has some of the best deals in new construction anywhere in the city.  I also think there is

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5 Tips for Making Your Best Offer on a Home | MyKCM

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.

1. Know Your Budget

Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:

“This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”

Showing sellers you’re serious can give you a competitive edge, and it helps you act quickly when you’ve found your perfect

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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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Sellers: Make Today’s Home Price Appreciation Work for You | MyKCM

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?

Here’s what three leading industry experts have to say about what lies ahead:

Lawrence Yun, Chief Economist, National Association of Realtors (NAR):

“At a broad level, home prices are in no danger of a decline due to tight inventory conditions, but I do expect prices to appreciate at a slower pace by the end of the year.”

Selma Hepp, Deputy Chief Economist, CoreLogic:

“The imbalance between robust demand and dismal

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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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