Real Estate News from Popular Massachusetts Cities

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Real Estate News from Popular Massachusetts Counties

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 3
by Donahue Real Estate Co. 03/01/2021   Making the transition from being a renter to a home owner is a life changing experience -- one which brings both rewards and new responsibilities. Although you'll no longer have a landlord (on speed dial) to handle things like yard maintenance, noisy neigh...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
How Smart Is It to Buy a Home Today? Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge w...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
Is Your Home Underpriced?  As a home seller, you likely want to set a "fair" initial asking price for your residence. Because if you fail to do so, you risk pricing your home outside of your target buyer's price range. Perhaps even worse, you risk pricing your house too low – something that may c...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
Home Prices: What Happened in 2020? What Will Happen This Year? The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home price...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
It’s a Sellers’ Market Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners ar...

By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Comments 1
The year of COVID was a tough one for Boston’s apartment rental market, that is indisputable.  Apartment vacancies soared in many of the city’s most expensive neighborhoods as local schools enacted remote learning policies and residents in Downtown fled for open spaces.  Average rent prices for B...

By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Comments 1
2020 marked a divergent year in the Greater Boston housing market, as prices of homes for sale in Boston increased 7.5% in 2020 while average rent prices for Boston apartments dropped 2.6% city-wide.  There are a few forces at work causing this deviation, leaving many uncertain as to what 2021 wi...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 6
Official Spring is right around the corner. Real Estate Spring is right now! According to photographers I've spoken with they see their requests for their  services increasing. This gives one hope that inventory will be increasing and THAT is Good News!There is a steady stream of buyers but not a...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
How Much Leverage Do Today’s House Sellers Have? The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realt...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 3
3 Ways to Spruce Up Your Landscape  Photo by Chen Liang-Dao via Shutterstock As a homeowner, sometimes you want to change things up about the appearance of your home, and a terrific way to do that is with a slight change to your landscape. Here are a few ways to make a positive, aesthetic impact ...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 2
The Reason Mortgage Rates Are Projected to Increase and What It Means for You We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 3
Where Have All the Houses Gone? In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take ...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
Home Mortgage Rates by Decade [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime o...

By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Comments 2
The vacancy rate in East Boston shot up a whopping 207% in the past 12 months.  Now at face value that sounds pretty shocking and could be the story in and of itself, until you peel back the layers a bit more.  So while it’s true that the current East Boston vacancy rate of 3.78% is more than tri...

By Zachary Parker, Real Estate Marketing Pro | SEO Gun for Hire
(ProSource Media)
Comments 4
While Cambridge is technically outside of the City of Boston, data trends in the housing market and in particular the rental market in Cambridge closely mirror that of Boston.  Both are highly cyclical markets that depend heavily on apartment turnover from the local student population.  So while ...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 2
Will Low Mortgage Rates Continue through 2021? With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
Advantages of Knowing Your Neighbors Whether you've just moved into a new neighborhood or have lived there for decades, there are many advantages to maintaining friendly relations with neighbors.If, on the other hand, you adopt more of an isolated lifestyle, then the experience of home ownership ...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 0
3 Ways Home Equity Can Have a Major Impact on Your Life There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicat...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 1
Millennials: Is It Time to Buy a Bigger Home? In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 0
3 Ways You’ll Win When You Buy a Home This Year There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplis...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 21
Happy Valentine's Day to ALL. Even though Valentine's Day did not start as a lovey-dovey day through the years it has morphed into what we celebrate today. So, guys and gals, make sure you take your significant other and give them an extra hug and show them they are important to you.One year, as ...

By Doug Dawes, Your Personal Realtor®
(Keller Williams Realty - Topsfield, MA)
Comments 8
...this weekend is Daytona 500 weekend. This epic race kicks off the 2021 NASCAR season. Who's your favorite driver? This year, I'm going with Ricky Stenhouse Jr., but I have many favorites.Next up is Baseball! Now that the Super Bowl Champion(s) have been crowned we turn to Spring Training. I'm ...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 2
Why It’s Easy to Fall in Love with Homeownership [INFOGRAPHIC] Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desi...

By Joseph D. Federico, Eastern Massachusetts Real Estate
(Donahue Real Estate Co.)
Comments 2
47% of New Buyers Surprised by How Affordable Homes Are Today Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordab...

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