You are in the market to buy your dream house but every time you find a home you like and put in an offer, you get outbid. Thus is the life of a buyer in 2021. There are too many buyers and not enough homes. Buyers are resorting to desperate measures to secure the home of their dreams. From writing letters to waving inspections, buyers are doing everything they can…
Each week we will highlight a community in Massachusetts and Rhode Island. We will tell you how many home are currently on the market, median price for the month and the year and we will give you some additional facts about the community. Walpole Active Single Family Listings: 4 2020 Median Sale Price: $478,375 Median Sale Price for January: $605,250 Closed Sales in 2021: 14 Pending Sales to Date: 14…
Thanks to COVID-19, more Americans now than ever are learning and working from home. While students are expected to eventually return to fin person learning, many Americans will still be working from home when things return to normal. Companies are embracing the work from home model because it is efficient and it saves them money on office rent. While companies may embrace working from home, it isn’t exactly easy on…
When deciding to buy your own home, it is important to prepare in advance to enter the market. Simply waking up one morning and deciding to buy a home is not the way to go about it. You have to have a game plan when it comes to entering the market. It starts before you even contact an agent. These five steps may seem like no brainers and trivial but…
Each week we will highlight a community in Massachusetts and Rhode Island. We will tell you how many home are currently on the market, median price for the month and the year and we will give you some additional facts about the community. North Attleboro Active Single Family Listings: 25 2020 Median Sale Price: $442,500 Median Sale Price for December: $477,500 Closed Sales for 2020: 260 Pending Sales to Date:…
Inventory hit an all time low nationally in December according to realtor.com. For the first time since housing records have been kept, there were less than 700,000 homes on the market nationally last month. Conversely, the numbers of buyers out there remains high despite the lack of inventory and high home prices. It is a frustrating time for buyers but I wouldn’t worry if I was in the market in…
New Years Eve is upon us. It’s out with 2020 and in with 2021. If you have thought about buying but have decided to hold off, this could be the year you finally take the plunge and buy your dream home. In order for you to buy that dream home, you need to commit to the process. So, with that said. Make six resolutions that you will stick to when…
Each week we will highlight a community in Massachusetts and Rhode Island. We will tell you how many home are currently on the market, median price for the month and the year and we will give you some additional facts about the community. Norwood Active Single Family Listings: 11 2020 Median Sale Price: $550,000 Median Sale Price for November: $547,500 Closed Sales for 2020: 184 Pending Sales to Date: 201…
Image courtesy of Getty Images. Will interest rates go up in 2021? That’s the $64,000 dollar question. It depends on who ask. Typically rates do experience an uptick after a presidential election but I wouldn’t expect a dramatic rise in the new year. According to Fannie Mae, rates for the 30-year fixed loan will remain at 2.8% through 2021 and only rise to 2.9% for 2022. That is great news…
According to the Bureau Of Veteran Affairs, more VA loans were processed in 2020 than any other year. The number of mortgages that were backed by the VA doubled from 2019 to 2020 with more veterans entering the market as buyers. Thanks largely to low interest rates and a no money down requirement with VA loans, veterans are buying homes at an unprecedented rate. Especially millennial veterans who are first…