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Real Estate Market

Mortgage Applications Soar While Rates Inch Up

February 8th, 2021 | Real Estate Market
where-to-get-mortgage

Mortgage applications took a solid year-over-year increase while mortgage rates saw a mild uptick, according to two new data reports. Mortgage applications for new home purchases shot up by 42.2% year-over-year in December, as reported in the latest Mortgage Bankers Association (MBA) Builder Application Survey. However, the increase from November to December was a much […]

Floating home on #BuzzardsBay for $310,000 #ClosingAttorney #CapeCod #Massachusetts

January 24th, 2021 | Real Estate Market
home on a barge

Just listed: A floating home on Buzzards Bay for $310,000 The six-room home can be transported to another marina. The home, which has three bedrooms, has exposed beams and hardwood floors. The 1,820-square-foot property was built in 1912, and its history is most evident on the first floor. Step off Fairhaven Shipyard and into the […]

Sellers #RealEstateMarket may hinder home affordability outlook for 2021 #ClosingAttorney #Boston #MA

January 6th, 2021 | Real Estate Market
couple looking at houses

Super sellers market may hinder affordability outlook for 2021 Will robust house-buying power be enough to offset the growth in house price appreciation expected next year? While mortgage rates are expected to remain near historic lows in 2021, and the vaccine is expected to give the economy a much-needed shot in the arm, a new […]

#NewHomes Brand New #HomesforSale #HomeBuying #HomeSelling #ClosingAttorney #Hingham #MA

January 2nd, 2021 | Real Estate Market
new-home

New Homes, New Year: 11 Brand-New Homes for Sale There are lots of reasons we’re looking to slam the door shut on 2020. But how about leaving your old house behind and toasting new beginnings in the new year? We’ve found 11 great homes on the market right now that are brand-new—all ready for you […]

COVID-19 Pandemic Has Forever Changed Selling a House #HomBuying #ClosingAttorney #MA

December 30th, 2020 | Real Estate Market

How the COVID-19 Pandemic Has Forever Changed the Process of Selling a House In normal circumstances, selling a house involves interacting with a lot of people. In-person house tours, roundtable closings, and handshakes are all standard formalities. But in a world rocked by the COVID-19 pandemic, safety and social distancing are a must, and real […]

Reconsidering Down Payment Assistance #HomeBuyer #ClosingAttorney

December 28th, 2020 | Real Estate Market
downpayment

Editor’s note: This story originally appeared in the December edition of MReport.    Richard Ferguson is the President of CBC Mortgage Agency (CBCMA), having joined the company in 2014. Ferguson began his career as a successful loan officer at Wells Fargo, and later, focused on helping first-time homebuyers bridge the largest hurdle to homeownership: securing down […]

#RealEstate #Home #Equity Reaches Levels Unseen Since 2014 #Closing #Attorney #Boston #MA

December 14th, 2020 | Real Estate Market
house and money balance

Home Equity Reaches Levels Unseen Since 2014 It seems COVID-19 and its economic toll hasn’t managed to crimp the housing industry as home prices parachute unabated and home equity grows, according to a report from CoreLogic.com. Between Q3 2019 and Q3 2020, cumulative equity gains hit $1 trillion, while average equity gains per homeowner reached […]

Things You Can Negotiate When Buying a Home #Closing #Attorney #HomeBuyer #RealEstate #Lawyer

December 11th, 2020 | Real Estate Market
Couple receives keys to first home real estate purchase.

Let’s Make a Deal! 7 Things You Can Negotiate When Buying a Home—Beyond the Asking Price Whether you’re buying your first home or your 11th, there’s one thing we all think about when it comes time to negotiate the deal: wiggling that pesky price down as much as possible. Of course, price is important when […]

High #homeprices and low inventory likely to persist #Closing #Attorney #Boston #MA

December 7th, 2020 | Real Estate Market
planning savings money of coins to buy a home, concept for property ladder, mortgage and real estate investment. for saving or investment for a house, growing business

High home prices and low inventory likely to persist in 2021 Homebuyers are likely to face higher prices and a continuing inventory crunch in 2021, First American Chief Economist Mark Fleming has predicted. Demand for homes has been high since April, fueled by historically low mortgage rates that helped offset the initial impact of the […]

Sellers to benefit in 2021 #HomeSales #Homebuyer #RealEstate #Closing #Attorney #Boston #Massachusetts

December 4th, 2020 | Real Estate Market
home-prices-slowing-april-2020

2021 Forecasted to Be a Seller’s Market Home prices look like they will continue to rise in 2021 according to realtor.com, but at a slower, more normal pace than they did in 2020. However, interest rates are slated to rise, as well, creating challenges for first-time buyers. This makes the earlier part of the year […]

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