Many homeowners that want to sell their homes are wondering whether to list in the first quarter of 2023 or to wait.
The answer is different for every homeowner. Factors in the decision making process include:
Is the homeowner going t...
DON’T FOLLOW THE HERD
Be fearful when others are greedy. Be greedy when others are fearful."
- Warren Buffett
THE CURRENT MARKET
Mortgage interest rates have doubled since January 2022 resulting in a smaller pool of buyers. Interest...
Alternative Financing to Offset High Mortgage Rates
As conventional mortgage rates have doubled from 2021 to 2022 many buyers are turning to alternative ways to finance their home purchase. When mortgage rates were under 3% many buyers that ...
Is the Fall of 2022 a good time to buy?
In the current economic climate of continued high inflation, increasing interest rates, and recession fears, many buyers are wondering if this fall is a good time to buy. Another concern for prospectiv...
Has the market shifted in favor of buyers?
The stated goal of the U.S. Federal Reserve is to fight inflation by raising interest rates to reduce consumer demand (and to increase unemployment). As a result, mortgage interest rates have risen ...
The number one real estate question on the minds of owners, buyers, sellers, investors and agents is: will home values go down in the coming months? Reading media reports can be confusing with economists and other pundits often making conflicti...
The first half of 2022 saw an unprecedented rise in the value of residential real estate in Greater Boston. According to the S&P Case-Shiller Greater Boston Price Index values rose 35.4% from April 2021 to April 2022. S&P Case-Shiller Price Ind...
Mortgage interest rates have increased nearly 3 percentage points since the beginning of 2022. Higher mortgage interest rates are a result of the Federal Reserve's aggressive raising of the Federal funds rate. The Fed's goal is to increase the ...
Homeowners that are considering remodeling should consider the expected value that is added to their home relative to the cost of the work. In almost all cases the added value is lower than the cost of the work. However, some remodeling project...
