Think Smarter with Nick Warren

Found 24 blog entries about Think Smarter with Nick Warren.

Think Smarter with Nick

Nick looks at what many experts are saying in regards to home prices as we enter into the second part of 2020. He also explains the unique aspects of the Boston real estate market and what buyers and sellers can expect if they plan to make a real estate transaction through the end of the year.

In a recent blog post, we looked at what many experts are saying about future home prices. What do you think about their predictions?

While I don't have a crystal ball, the lack of inventory due to the pandemic in most major markets across the country has caused a bit of an imbalance in supply and demand.  In the Boston area, we are already seeing a buyer feeding frenzy in many locations and more specifically in certain price-points. As things slowly

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Think Smarter with Nick

As Boston continues through its reopening phases and summer arrives, Nick gives his projections on what buyers and sellers can expect in the Boston real estate market over the next few months. He also shares some ways to enjoy this wonderful time of year in the Boston area!

What can buyers expect over the next few months and how can they best navigate the market during this time?

The past few months have been a rollercoaster ride for people in the real estate market.  Instead of seeing new inventory come to market this past March, COVID-19 caused many sellers to put their plans of listing on pause.  This caused an extreme imbalance of supply and demand and left a lot of buyers frustrated with what they had to choose from.  Luckily, over the past

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Think Smarter with Nick

Nick provides an update on the newest regulations and changes regarding COVID-19 and its impact on the Boston real estate market. He also looks at the trends over the past month to analyze the adjustments the market has made during this time.

What are the current regulations buyers and sellers need to know when it comes to Boston real estate as it relates to COVID-19?

For our buyers and renters looking at property, we are working with landlords and sellers to come up with a plan that prioritizes safety and health above all else. This includes virtual tours, one-on-one showings, digital floor plans, and more. We are working with our clients to understand their protections during this time and helping connect them with legal professionals that can

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Think Smarter with Nick

With everything going on with the coronavirus, there have been a lot of changes in the Boston real estate market. Nick outlines some of the things buyers and sellers can expect right now as well as what BHHS Warren Residential is doing during this time to help our clients. He also gives a couple of suggestions on things people can do at home to enjoy the Boston community they love.

Although it is evolving often, what are some of the things buyers and sellers need to know about the coronavirus impact on Boston real estate?

This is the question that our clients are asking us most often but is probably one of the hardest to actually answer.  As of today, we are still seeing transactions happen but the volume is significantly down compared to this

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Think Smarter with Nick

This month, Nick takes a look at the multifamily market and offers tips for investing in Boston’s real estate market. As the months turn warmer and the spring season is upon us, the time may be perfect to look for investment opportunities. He also looks at changes in Boston’s multifamily market over the past few years and predicts what we can expect to see in 2020.

For someone looking to make their first investment purchase in Boston, what tips would you give them?

The first thing you should do is talk to a lender who has experience with investment properties to find out what you can afford.  Investment properties require higher down payments and the mortgage rates are typically higher than those used when lending on a personal residence.  This

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Think Smarter with Nick

The Groundhog did not see his shadow so that means spring is, hopefully, right around the corner! With warmer weather tends to come more buyers in the market looking to purchase in the new year. Nick gives tips for finding your first home as well as some thoughts on how the market will evolve in the first part of 2020.

For those looking to make their first home purchase, what 3 tips would you give them?

  1. Be Patient - Right now we are at the lowest inventory levels I have ever seen in my career.  This means that you won’t have an abundance of listings to choose from in most neighborhoods.  We are hoping to see this change when the Spring market starts so just be patient and you will eventually find something you love!

  2. Don’t be

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Think Smarter with Nick

This month, Nick takes a look at how the market has shifted since last year based on the numbers. He discusses the trend many experts are seeing as Boston shifts into more of a buyer’s market. He also gives tips to buyers looking to make a purchase early in the new year.

According to a recent article, the Boston condo market has seen a slight decline in the number of sales and median sales price. What are your thoughts on this?

It is certainly true we are seeing a shift in the overall market here in Boston.  With that said, you have to remember that we were in a seller’s market for so many years that any change is going to feel significant.  As I have said before, I expect most of Boston’s neighborhoods to arrive in a neutral market (3-6 months

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Think Smarter with Nick

What will 2020 bring for Boston real estate? Nick discusses his top 3 predictions for how the market will shift in the new year. He also explains how BHHS Warren Residential can specifically help buyers and sellers in the new year. 

There have been some articles recently about a shift to a more “buyer’s market.” What do you think about this?

The shift from a seller’s market to a buyer’s market is something that could take a while.  Typically we consider a seller’s market one with 0-3 months of inventory. In 2019, many of our neighborhoods began to see a rise in supply levels, some of which reached above 3 months of inventory which means they have entered a neutral or balanced market (3-6 months of inventory).  The fact that we are still in a

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Think Smarter with Nick

It is hard to believe but the holiday season is here! This month, Nick talks about some of his favorite ways to celebrate the holidays around Boston. He also discusses why the holidays can actually be a great time to get your home on the market!

As the holiday season gets into swing in Boston, what are your favorite ways to celebrate around town?

Boston is a great city to get into the holiday spirit in!  There are multiple tree lightings throughout the city that I’ve gone to in the past with the one on the Boston Common being my favorite.  Taking a stroll along Newbury Street to do some holiday shopping is also a great way to spend an afternoon. By far, my favorite holiday tradition that my wife and I do every year is going to the Nutcracker

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Think Smarter with Nick

Autumn in Boston means apple picking and pumpkin patches but also one of the strongest real estate markets! Nick gives his predictions on where the market will head as we finish 2019 and into 2020. He also gives some tips for sellers if they are looking to sell during this competitive time of year.

As we approach the final quarter of 2019, where do you see the market heading?

Throughout the year we’ve seen an increase of days on market as well as an increase in total inventory in most neighborhoods.  Some neighborhoods have moved from a seller’s market to a neutral market which is healthy and I expect to see this trend continue throughout the rest of 2019.  Ultimately, more inventory will provide opportunities to buyers who may have been

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