Massachusetts Real Estate Law News
Commercial and Residential Real Estate & Real Estate Development News#Highest #Mortgage #Rates Since June
Highest Mortgage Rates Since June 2020 Posted To: Mortgage Rate WatchAs of today, you'd have to go back to June 2020 to see higher mortgage rates. This is courtesy of an ongoing move in the bond market that has longer-term rates/yields surging higher at the quickest...
#Home #Equity is #Increasing Even in Unstable #Economy
Home Equity is Increasing Even in Unstable Economy For many homeowners, the "uncertainty of the economy during the pandemic looms large," but the Q4 decrease in underwater loans is “the good news" in this report. The post Home Equity is Increasing Even in Unstable...
#US #home #buyers want to #live in #city as much as #suburbs
Report: US home buyers want to live in city as much as suburbs Home values are soaring broadly across the United States as people rush to take advantage of historically low mortgage rates. US housing prices rose at essentially the same rate in urban and suburban areas...
Most #First #Home #Shoppers Misunderstand Their #Budget
Most First-Home Shoppers Misunderstand Their Budgets Most Americans shopping for their first home were surprised, for better or worse, at what they were able to afford. Forty-seven percent were surprised because their budget was larger than expected, and 21% were...
For Many #Home #Shoppers, Relocation is Everything
For Many Home Shoppers, Relocation is Everything It appears that the beach is losing its allure for many homeowners. According to Redfin.com, the percentage of people relocating from one metro to another has gone up, and most of them are former coastal dwellers...
Home Purchase Sentiment Improves
Home Purchase Sentiment Improves During the first month of 2021, consumers reported a significantly more positive view of home-selling conditions over the previous month — that component of the Fannie Mae Home Purchase Sentiment Index (HPSI) jumped 16 percentage...
How To Calculate #Property #Tax: What All #Homeowners Should Know
How To Calculate Property Tax: What All Homeowners Should Know Need to know how to estimate your property tax? You’ve come to the right place! Most people know that homeownership requires coughing up copious amounts of money. There’s your mortgage, of course, but the...
#Home #Shoppers Prioritize Cleanliness, Privacy
Home Shoppers Prioritize Cleanliness, Privacy Real estate descriptions are overflowing with mentions of open-floor concepts and updated kitchens. But are those the features buyers really care about? According to the Zolo: Homebuyers Survey 2021, not really. In fact,...
Vacation #home #sales skyrocketing
Vacation home sales skyrocketing The last 12 months has not only been big for mortgage refinances and first-time homebuyers filing mortgage applications — it was also a banner year for mortgage applications for second homes, according to a new Redfin study....
#U.S. Luxury #Market Has Strong End of 2020, Especially in #Suburban and #Second-Home Areas
U.S. Luxury Market Has Strong End of 2020, Especially in Suburban and Second-Home Areas The largest and most heavily populated cities across the U.S. continued their fall from grace at the tail end of 2020 as well-heeled home buyers directed their attention from...