Breaking down the Biden First Time Homebuyer Tax Credit
President Elect Joe Biden has unveiled an ambitious plan designed to help first time home buyers get into their first home. Before we breakdown Biden’s first time homebuyer tax credit, check out his website for his vision for the real estate industry. It can be found on his website. The proposal is part of a $640 million dollar housing plan that Biden plans to usher in once he becomes president….
Fall is a great time to buy. Don’t let it pass you by
It is funny how conditioned people are in the northeast when it comes to the seasons. I recently spoke to a couple who was thinking of buying a home but said they are holding off until the spring. When I asked them why? They said it’s the fall. There are no houses on the market. I did a double take and proceeded to tell them that the fall is a…
Rental prices are skyrocketing in Massachusetts. Now is the time to look for a house
The cost of renting an apartment is on the rise in Massachusetts. Massachusetts is currently fifth in the nation in rent cost. That is out of 56 states and territories. As of 2018, the average Fair Market Rent for a 2-bedroom home in Massachusetts was $1,352 per month. The average for a 3 bedroom was $1,707 dollars. A four bedroom would cost you on average $1,893 per month. 2 and…
Finding the right realtor is tough. Go with an agent who understands you
When it comes to hiring the right real estate agent, people tend to focus on how much business an agent has done previously and if they specialize in a specific area. This is especially true of people who are looking for a listing agent. While it makes sense to want to work with an agent who has a track record of success and knows an area, it is also important…
In this era of COVID, your credit score could be the difference between buying and not buying a home.
In this era of COVID-19, buying a home has become more difficult. Lenders and banks alike have altered their requirements in an effort to protect themselves. With so many people either furloughed or unemployed, it makes sense from their standpoint. Whether you are buying your first house or your next house, your credit score could be the difference between buying and not buying a home right now. Buyers are focused…
Despite new challenges due to COVID-19, the real estate market is still strong
If you are thinking about buying your first home or selling your home, do it. Despite the uncertainty of COVID 19 and the limitations we face, the real estate market is still strong. The spring market is usually the “busy season” in real estate. The spring market has been extended however because of COVID 19 and it could even extend into the fall. Inventory is still low, which is an…