Escalation clauses are all the rage in real estate these days. Buyer agents are including them in more and more offers as a way to give their clients an opportunity to compete for a property. So what are escalation clauses? Simply put, an escalation clause is the buyer telling the seller that they will pay a certain price for their home but if the seller gets a higher offer, the…
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…
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. Dedham Active Single Family Listings: 18 2020 Median Sale Price: $588,500 Median Sale Price for November: $570,000 Closed Sales for 2020: 253 Pending Sales to Date: 281…
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…