The Boston North Shore home improvement market continues to perform well as a result of rising prices and limited supply of homes for sale. Would-be purchasers who may not be able to find – or afford – their next dream house are thinking about adding a room to their existing homes. Sellers planning to sell […]
Looking for Homes for Sale: Questions to Ask a Buyer’s Agent
When you are shopping for a new home in any of Boston’s North Shore neighborhoods, you deserve to work with a buyer’s agent who will always cater to your needs. Because there are so many homes for sale, your buyer’s broker will be the one to point you in the right direction for homes that make the […]
Boston North Shore Economy Sees Sagging New Home Sales
The Boston North Shore economy received a minor setback as new home sales fell in January. The Commerce Department released their month-end performance report showing that new home sales dropped from a 10-month high. Sales decreased 9.2% to an annual rate of 494,000 units (adjusted seasonally.) December’s sales results were 544,000 units. Economists say, however, the […]
Boston North Shore Mortgage Refinancing
The Boston North Shore mortgage lending market experienced something unusual in the past sixty days. The Federal Reserve raised the interest rate back in December 2015. Since that time, mortgage interest rates have dropped to their lowest level in three years! Most economists and mortgage lenders pointed out at the time that an increase in the Fed Funds […]
2016 Boston North Shore Real Estate Sales Start Strong
The Boston North Shore real estate market has begun the year with existing home sales at the highest annual rate in six months. In a recently-released report by the National Association of Realtors (NAR) total existing home sales (by transactions) increased by .4% adjusted seasonally for an annual rate of 5.47 million in January. December’s […]