Massachusetts Home Buyer Guide - For MA Home Buyers, By An Exclusive Buyer Agent

Many home buyers have been convinced that bank-owned properties or short sales are the best bargains. It's just not true. Bank-owned properties, sometimes referred to as real-estate owned (REO), typically need a substantial amount of work. Most people think that work means fresh paint and new ca...

The Massachusetts Division of Banks January 7, 2009 opened its on-line database of Massachusetts foreclosure notices to the general public.  The web-based resource (www.mass.gov/dob) allows the Division to study trends and better focus foreclosure examination efforts.The Division of Banks opened ...

Inman News recently polled more than 700 readers, a majority of whom said they expect new rules governing the real estate industry to surface in the new year. Lenders likely will be the primary target, according to the survey, but title insurers, real estate brokers, and property agents also coul...

Home values across the U.S. have declined over the past two to three years, and some economists believe it could be a decade or more before prices reach the heights of 2006, USA Today reported December 15, 2008. "So far, home values nationally have tumbled an average of 19% from their peak. As ba...

I am not surprised by the November home sales figures. After the financial crisis hit in September, home buyers disappeared. The number of single-family home sales recorded in Massachusetts declined 18.4 percent in November, compared to November 2007. The steep decline came after two consecutive ...

U.S. existing-home sales, including single-family, townhouses, condominiums and co-ops, fell 8.6 percent to a seasonally adjusted annual rate of 4.49 million units in November 2008 from a downwardly revised level of 4.91 million units in October, and such sales were 10.6 percent below the 5.02 mi...

On December 9, 2008 a report of the United States House of Representatives Oversight and Government Reform Committee stated that executives at Fannie Mae and Freddie Mac ignored warnings about the risky loans Freddie and Fannie were backing. The video below is of Chairman Henry Waxman (D-CA) read...

The number of foreclosure deeds recorded in Massachusetts decreased in November compared to the prior month, but rose 38 percent from November 2007, according to The Warren Group, a publisher of real estate market data. A total of 880 foreclosure deeds were filed in November, down 11.6 percent f...

Dave Kres, co-owner and co-founder of Buyers Brokers Only, LLC, was installed as president of the North Shore Association of REALTORS® (NSAR) on December 11, 2008 at Overtures Restaurant in Beverly, MA. Dave was named to the REALTOR® Magazine 30 Under 30 list earlier this year. The NSAR named him...

It's making less sense everyday to pay your mortgage. It's seems a day does not go by without a story about the government or a lending institution providing assistance to homeowners who have failed to pay their mortgages. I have heard several stories about individuals who have not paid their mo...