All About Massachusetts Real Estate

By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
LIVE GUIDED INTERACTIVE VIRTUAL TOURS Register for the Live Virtual Factory Tour on Wednesday, November 3rd, 2021 @ 6:30 PM EST Experience a live virtual tour of our actual factory & models located at the factory, as well as custom homes that our customers have allowed us to shoot in 3D and share with you. If you are interested sign up at www.vt-sign-up.com What will you learn by attending the Live Virtual Factory Tour? The Benefits & Advantages of Modular Construction The Design Software & how you can take a 3D walkthrough of your home before its built 3D Tour of our Factory & Sample Homes Q & A Session after Presentation PLEASE NOTE : If you signed up for a live virtual tour and are unable to attend for some reason we will email you a recording of it. Please make sure when you sign up...
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By inboundREM Market Updates
(InboundREM)
To complete the sale of a property, purchasers and sellers must pay closing costs, which are also known as settlement fees. In Boston, Massachusetts, for the most part, it is the buyers' responsibility to settle the closing fees. This, however, does not imply at all times. It's possible that the buyer and seller can come to an arrangement where the buyer pays all or part of the closing costs.Closing expenses in Massachusetts vary from $8,000 to $12,000. No-closing-cost refinancing loans are available to homebuyers, but they come with a slightly higher interest rate than conventional loans. Thus, the monthly mortgage payment of a house buyer will rise. This loan may assist with closing costs if you don't have the cash on hand, but another alternative is to arrange your offer such that th...
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By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
The local housing market in Boston has achieved impressive growth since the housing market crisis of 2008.  Thanks to a growing Metro population and a shortage of available real estate, median home prices have more than doubled over the past 10 years, and even maintained double digit growth throughout the pandemic.  Now, the median single family home price sits at $776K and it looks like it will be up by a double digit margin again by the end of 2021.The average price per square foot in Boston proper is $710.  The actual average varies considerably depending on neighborhood.  Seaport has the highest price per square foot ($1,594/sq. ft.) out of all neighborhoods in Boston.  This is more than 4 times higher than the most affordable neighborhood in terms of of price per square foot, which...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Homebuyer Tips for Finding the One [INFOGRAPHIC] Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your search. Then, once you’ve fallen in love, commit by putting your best offer forward. If you’re looking to buy a home this year, let’s connect so you have a dedicated partner and teammate to help you find the one.
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
What Do Past Years Tell Us About Today’s Real Estate Market? As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed. But what do these terms mean? The housing market today is anything but normal, and it’s still an incredibly strong sellers’ market, especially when compared to the few years leading up to the pandemic. With that in mind, what can previous years tell us about today’s real estate market and if it’s truly slowing? We’re Still Seeing an Above Average Number of Sales You may see headlines about a drop in home sales. But are those headlines telling the full story? The...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
The Big Question: Should You Renovate or Move? The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space 69% of respondents want a home office (48% wanted multiple offices) 46% of respondents want a multi-function room/flexible space 42% of respondents want an au pair/in-law suite 39% of respondents want an exercise room/yoga space If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The decision you make could be determined by factors like: A possible desire to relocate The...
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
Last chance to register for the Westchester Modular Homes - Builder Day/Custom Modular Construction Seminar - event for builders, general contractors, developers & architects onlyPrivate Event - Holiday Inn Taunton-Foxboro Area, an IHG Hotel, 700 Myles Standish Blvd, Taunton, MA, US, 02780Thu, Oct 14, 2021, 3:00 PM - 5:00 PM (your local time) Event & registration link Westchester Modelar Homes Construction Seminars http://wmh-modular-construction-seminar.com
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Don’t Wait for a Lower Mortgage Rate – It Could Cost You Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of. Even today, our mortgage rates are below what they’ve been in recent decades. So, while you may not be able to lock in the rate your friend got recently, you’re still in a great position to secure a rate well below what your parents and even grandparents got in years past. The key will be acting sooner rather than later. In late September, mortgag...
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
LIVE GUIDED INTERACTIVEVIRTUAL TOURSRegister for the Live Virtual Factory Tour:Wednesday, October 20th, 2021 @ 5:00 PM EST  Experience a live virtual tour of our actual factory & models located at the factory, as well as custom homes that our customers have allowed us to shoot in 3D and share with you. If you are interested sign up at www.vt-sign-up.com: What will you learn by attending the Live Virtual Factory Tour? The Benefits & Advantages of Modular Construction The Design Software & how you can take a 3D walkthrough of your home before its built 3D Tour of our Factory & Sample Homes Q & A Session after Presentation   PLEASE NOTE : If you signed up for a live virtual tour and are unable to attend for some reason we will email you a video recording of the tour
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Experts Agree: Homeownership Provides a Path to Long-Term Wealth A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership offers The sense of stability In the same survey, 41% of respondents say they’d rather own a home than rent because of the unique way homeownership builds wealth over time. And experts agree – the home you own is an important tool for building your net worth. Here’s what many of those experts have to say about building long-term financial stability through homeownership. According to the National Association of Realtors (NAR): “Homeowners who purchased a typical ...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
What’s Causing Today’s Competitive Real Estate Market? Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply. If you’re thinking of selling, let’s connect to talk about our local area and how you can take advantage of today’s housing market.
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
111,285 Reasons You Should Buy a Home This Year The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR): “Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. Housing wealth (equity) accumulation takes time and is built up by price appreciation and paying off the mortgage.” An increase in equity builds the wealth of the individual that owns it. This wealth can be passed down to future generations. The Federal Reserve in an addendum to their Survey of Consumer Finances explains: “There are numerous ways families can transmit w...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
What Do Supply and Demand Tell Us About Today’s Housing Market? There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course, when demand is very high and supply is very low, prices can rise significantly. Understanding the impact both supply and demand have can provide the answers to a few popular questions about today’s housing market: Why are prices rising? Where are prices headed? What does this mean for homebuyers? Why Are Prices Rising? According to the latest Home Price Insights report from CoreLogic, home prices have risen 18.1% since this time last year. But what’s driving t...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
The Main Key To Understanding the Rise in Mortgage Rates Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate surpassed 3%. In a press release accompanying the survey, Sam Khater, Chief Economist at Freddie Mac, explains: “Mortgage rates rose across all loan types this week as the 10-year U.S. Treasury yield reached its highest point since June.” The reason Khater mentions the 10-year U.S. Treasury yield is because there has been a very strong relationship between the yield and the 30-year mortgage rate over the last five decades. Here’s a graph showing that relationship:The...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
4 Tips To Prep for Your Home Sale This Fall Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment. Here are four simple tips to make sure you maximize the sale of your house this fall. 1. Price It Right One of the first things buyers will notice is the price of your house. That’s why it’s important to price it right. Your goal in pricing your house is to draw attention from competing buyers and let bidding wars push the final sales price up. Pricing your house too high to begin with could put you at a disadvantage by discouraging buyers from making an offer. Your trusted real est...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Reasons Renters Buy [INFOGRAPHIC] Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, let’s connect to explore your options.
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
Join a LIVE VIRTUAL TOUR of our sample homes, factory & design center... reserve your spot for our next tour on October 6th 2031 @ 6:30 PM EST at www.vt-sign-up.com... LIVE Q&A Session right after tour... LIVE MEET one of our builders...Experience a live virtual tour of our actual factory & models located at the factory, as well as custom homes that our customers have allowed us to shoot in 3D and share with you. If you are interested sign up below: What will you learn by attending the Live Virtual Factory Tour? The Benefits & Advantages of Modular Construction The Design Software & how you can take a 3D walkthrough of your home before its built 3D Tour of our Factory & Sample Homes Q & A Session after Presentation PLEASE NOTE : If you signed up for a live virtual tour and are unable to...
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By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
If you’ve been paying attention to the Boston real estate market, you can’t help to think what an investment property in Boston could do for your portfolio.  Given the Metro areas steady population growth and seemingly unlimited student housing demand, rent prices have been on the rise over the past decade. Unfortunately, at least in the City of Boston, multi-family homes for sale are always in short supply.  Recent housing development in Boston has been focused mainly on luxury high rises and apartment buildings.  The number of multi family homes for sale in Boston sold in Boston over the past 365 days is 749, considerably less than that of single family homes and condos, which saw 1,100 and 5,733 sales transactions respectively.  The median sales price for multi-family homes in the Ci...
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By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
As Home Equity Rises, So Does Your Wealth Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in the form of equity. Equity is the difference between what you owe on the home and its market value based on factors like price appreciation. The best thing about equity is that it often grows without you even realizing it, especially in a sellers’ market like we’re in now. In today’s real estate market, the combination of low housing supply and high buyer demand is driving home values up. This is...
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By Westchester Modular Homes Construction Corp, Westchester, Putnam, Rockland, Dutchess, Orange
(Westchester Modular Homes Construction Corp)
Westchester Modular Homes' custom construction program is a homebuilder's dream. Why do we say that? Because we can guarantee you:Plentiful Labor - Exceptional Quality - Full Customization - No Weather Delays - Speed Of Construction - Cost Control - Build All Year LongRegister for one of our free, no obligation seminars at https://lnkd.in/dZqBSe8y to learn how we can help you solve problems and improve your bottom line.All events (virtual or in person) are from 3:00 PM to 5:00 PM. Hot & cold hors d'oeuvres, beer, wine & soft drinks will be served at on-location events.
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Massachusetts Real Estate Agents and Real Estate Professionals