Buying in Boston & Greater Boston

Ever wondered what the buying process looks like? Here’s a one page summary. For additional details, please read my guides below.

Posts in Buying in Boston & Greater Boston

Experts Say Home Prices Will Continue to Appreciate

For Buyers For Sellers Housing Market Updates Pricing May 11, 2021

It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% ...

The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Buying Myths First Time Home Buyers For Buyers Infographics Move-Up Buyers May 7, 2021

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and ...

Why Waiting to Buy a Home Could Cost You a Small Fortune

Down Payments First Time Home Buyers For Buyers Interest Rates Move-Up Buyers Pricing May 6, 2021

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no ...

Are Interest Rates Expected to Rise Over the Next Year?

First Time Home Buyers For Buyers Interest Rates Move-Up Buyers May 5, 2021

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look ...

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

First Time Home Buyers For Buyers Rent vs. Buy May 3, 2021

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and ...

Should I Buy Now or Wait? [INFOGRAPHIC]

Buying Myths First Time Home Buyers For Buyers Infographics Interest Rates Move-Up Buyers Pricing April 29, 2021

Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less ...

Is Home Price Appreciation Accelerating Again?

For Buyers For Sellers Housing Market Updates Pricing April 29, 2021

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up ...

Patience Is the Key to Buying a Home This Year

Buying Myths First Time Home Buyers For Buyers Housing Market Updates Move-Up Buyers New Construction April 28, 2021

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per ...

Will the Housing Market Maintain Its Momentum?

For Buyers Housing Market Updates New Construction April 27, 2021

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there ...

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

For Buyers For Sellers Housing Market Updates Infographics April 23, 2021

Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It ...

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We wanted to have a quick closing as we had a time crunch. She connected us with just the right mortgage banker and the attorney ... [we got] the closing done in less than a month.
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