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Tagged: realestateattorney

#Boston #MA homes go for well over asking price

April 6th, 2021 | realestateattorney
home-in-shopping-cart

Spring House Hunt: In burbs, homes go for well over asking price To put it bluntly, the housing market in suburban Boston is “crazy.’’ “I’m a little concerned about the sudden escalation of prices, but I think we have a long way to go before we’re in the danger zone.” realestate.boston.com     FIRST TIME […]

What Happens When Your #RealEstate Agreement Expires? #Closing #Attorney #Law #Boston #MA

January 16th, 2021 | realestateattorney
money-in-house

What Happens When Your Real Estate Agreement Expires? If your home has been on the market for a while and you haven’t been able to sell it, you’re bound to start checking your paperwork to see when your contract with your real estate agent is up. And you’re probably also wondering just what happens when […]

Second Home vs. Investment Property #ClosingAttorney #RealEstateLawyer

January 10th, 2021 | realestateattorney
second-home

Second Home vs. Investment Property: What’s the Difference? You hear these terms thrown around all the time: Second home, investment property, vacation home, rental property. But is there any real difference among them? And does it even matter what you call it? As it turns out, there are some very big differences between second homes […]

Housing demand likely to stay high for years #ClosingAttorney #Boston #MA #RealEstate

December 6th, 2020 | realestateattorney
Busy mornings together

Housing demand likely to stay high for years, according to new study The homebuying bonanza and real estate boom in the midst of one of the worst recessions in U.S. history is perhaps one of the biggest surprises to come out of 2020 — certainly the biggest pleasant surprise. But that leaves a lot of […]

Single-Family Residents Drive New-Construction Increase #ClosingAttorney #Hingham #MA

November 25th, 2020 | realestateattorney
New Home Sales Increase Despite Rising Mortgage Rates

The U.S. Census Bureau released its construction statistics for October—which shows permits, starts, and completions—recorded a 4.9% increase in housing starts in October compared to September. Fannie Mae’s Chief Economist Doug Duncan points out that the increase was driven by single-family housing starts, which rose 6.4%, the sixth consecutive monthly increase. At 1.18 million annualized units, […]

Home Builder Confidence Surges to New Record High as Sales Volume Grows #ClosingAttorney #RealEstate #Lawyer

November 24th, 2020 | realestateattorney
Workers on Roof

Home Builder Confidence Surges to New Record High as Sales Volume Grows The numbers: The construction industry’s outlook improved again in November, according to research from a trade group released Monday. The National Association of Home Builders’ monthly confidence index rose five points to a reading of 90 in November, a record high, the trade group said […]

Another Drop in #MortgageRates But Still Not All-Time #MortgageLoan #Refi #Closing #Attorney #Boston #MA

November 10th, 2020 | realestateattorney
3d image of house with graph falling

Another Nice Drop in Mortgage Rates But Still Not All-Time Posted To: Mortgage Rate Watch Any discussion of “all-time low” mortgage rates requires careful attention to specifics. Are we talking about weekly survey numbers or actual daily numbers? Intraday vs end of day? Best-case rates or averages? Purchases or refis? Depending on the specifics, it […]

Millennials Jump to #Refinance #Mortgages #Mortgage #Closing #Attorney #HomeLoan #Boston #MA

November 8th, 2020 | realestateattorney
Millennials-surpass-babyboomers-homebuyers

Millennials Jump to Refinance Mortgages in September Scores of millennials leaped at the chance to refinance their mortgages in September, according to the latest Ellie Mae Millennial Tracker. During that month, there was an acceleration of 43% leap in refinances of all closed loans among that age group—a 3% boost from the previous month. This […]

Lower #MortgageRates Bringing In More #HomeBuyers #ClosingAttorney #Hingham

October 31st, 2020 | realestateattorney
why-prices-are-up

Lower Rates Bringing In More Buyers (And Higher Prices) Posted To: MND NewsWire The percentage of potential home buyers who perceive housing in their market as affordable increased in the third quarter, at least as reported in a recent National Association of Home Builders (NAHB) survey. NAHB’s Housing Trends Report says that 27 percent of […]

Expect Fall #HomePrices to Rise #RealEstateMarket #HomeBuyer #ClosingAttorney #RealEstate #Law

October 29th, 2020 | realestateattorney
Chart

Expect fall home price gains, but 2021 could see a cooling real estate market Summer was the new spring for homebuyers, with demand up in August from buyers who delayed their decision to buy because of the COVID-19 outbreak, according to the S&P CoreLogic Case-Shiller Home Price Index. Demand was also fueled by low interest […]

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