The number of single-family homes sold last month was the highest monthly total in almost two years in the state. 4,510 single-family homes were sold in May, and increase of close to 35 percent from last years total of 3,350. The Warren Group, a Boston company that tracks real estate, stated…
June was the strongest month for home sales in Massachusetts in two years. 5,498 single-family homes were sold last month, this is a twenty six percent increase from June 2011. This marked the highest volume of sales during any month since June of 2010. Condominium sales also jumped in June.…
When trying to sell your home it is extremely important to make it as marketable–and valuable–as possible. There are some things that you can alter to affect the value of your home, so it is advised you do so if the alteration will be less than the expected increase in…
Selling your home can be a very stressful and time-consuming process, but in the end it will all be worth it. Here are some tips to help alleviate some of the stress you may be under while selling your home. First, it is important to choose the right realtor. It…
All of these tips will help increase the value of your house if you are looking to sell, or just may help you enjoy your space a little bit more. 1. Open up your kitchen: The cost can range anywhere from $1,000 to $30,000 depending on how you decide to open…
Harvard University researchers state that the United States housing market has likely reached bottom and will start to recover this year. Six years ago the country’s housing market fell into a deep slide, but Harvard’s Joint Center for Housing Studies says that the recent increase in home sales paired with…
For the thirteenth straight month, the number of single-family homes and condominiums placed undersales agreement rose in Massachusetts. The rise in sales agreements indicates rising sales activity in the overall real estate market. The Massachusetts Association of Realtors (MAR) stated that pending sales are a principal indicator of actual housing sales…
In a recent Massachusetts case, Witkowski v. Endlar Ins. Agency & First American Title Ins. Co., the judge reversed a previous summary judgment decision for Endlar regarding a certificate of insurance for the plaintiff’s condominium unit. Plaintiff, Witkowski, purchased a basement unit of a residential condominium in Andover, MA. The condominium…
The average interest rate on mortgages in the United States has hit a new record low. According to mortgage purchaser Freddie Mac, the interest rate on 30-year home loans is now 3.84 percent. The rate on 15-year fixed-rate home loans is only 3.07 percent. The interest rates are the lowest…
Multiple offers on residential real estate in the Greater Boston area may yet again be the norm. According to Redfin Real Estate, more than half of the real estate contracts written by the company’s agents last month wound up in some sort of a bidding war. For homes that were…