by KR Boston | Jul 31, 2023 | Market updates, Pricing, Sellers
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of...
by KR Boston | May 17, 2023 | Advice for Buyers and Sellers, Budget Statistics, Housing Market Updates, Interest Rates, Market updates
The current higher interest rate environment in the United States is having an impact on the housing market. Due to the Federal Reserve’s monetary policy changes implemented in March 2022 to curb inflation, interest rates have increased, which has led to higher...
by KR Boston | Apr 11, 2023 | Advice for Homeowners, Home Buying, Market updates, Mortgage Rates
As we near the end of March 2023, the mortgage market has seen some movement in interest rates. According to Bankrate.com, the average rate on a 30-year fixed mortgage is 6.93%, while the average rate on a 15-year mortgage is 6.18%. Jumbo mortgages with a 30-year term...
by KR Boston | Mar 9, 2023 | Advice for Homeowners, Budget Statistics, Closing Cost, Costs, Home Buyers, Housing Market Updates, Market updates, Pricing, Real Estate Finances
Home, sweet home! The Biden-Harris Administration is devoted to making the American dream attainable, even in these uncertain times. From helping close racial disparities and offering financial stability to passing down generational wealth – a roof over your head has...
by KR Boston | Nov 14, 2022 | Buying A Home, Home Buying, Housing Market Updates, Market updates
Congratulations!/It’s 2022, and you’ve finally decided to take the plunge and buy a home. Purchasing a home is an important decision, and there are many things to consider before you make your purchase. This blog post will discuss what potential home buyers should do...
by KR Boston | Nov 14, 2022 | Advice for Buyers and Sellers, Economic Factors, Home Value, Housing Market Updates, Market updates, Pricing, Real Estate Finances
There’s no easy answer when it comes to predicting whether or not home prices will drop in 2023. Various factors – from the state of the economy to interest rates – can impact the housing market and drive prices up or down. That said, there are a few things we can...
