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If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that going to shift now that inventory is growing? Here’s a breakdown of what you need to know. What Is a Balanced Market? A balanced market is generally defined as a […]
Are We Heading into a Balanced Market? Read More »
Accessory Dwelling Units (ADUs) have become an increasingly popular solution for expanding housing options in Massachusetts. With the passage of the Affordable Homes Act in August 2024, ADUs are now allowed “by right” across the state, meaning homeowners can build these units without needing a special permit in most single-family residential zones. This significant shift
A Comprehensive Guide to Accessory Dwelling Units (ADUs) in Massachusetts Read More »
When someone passes away, their assets, including real estate, typically go through a legal process known as probate. If you’re wondering what happens to a house during probate and what to expect when selling it, we’ve got you covered! Our upcoming webinar will break down the probate process and offer expert tips to help you
Understanding Real Estate During Probate: What You Need to Know Read More »
If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up
Why Overpricing Your House Can Cost You Read More »
Are you intrigued by the idea of investing in real estate? Have you considered exploring the potential of foreclosed properties but feel unsure about where to start? Whether you’re a seasoned investor or a newcomer to the world of real estate, there’s always more to learn, especially when it comes to seizing opportunities in the
If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An
What To Know About Credit Scores Before Buying a Home Read More »
Entering the world of homeownership is an exciting journey, but it can also be filled with questions and uncertainties, especially for first-time homebuyers. One of the most common questions we encounter at Real Estate Exchange is, “What qualifies someone as a first-time homebuyer?” This is crucial, as there are several special finance options available exclusively
Understanding First-Time Homebuyer Qualifications and Finance Options Read More »
2023 has emerged as a pivotal year in real estate, characterized by a significant market cooldown. This guide will equip home sellers with essential insights and strategies to navigate these evolving conditions as we enter 2024. Market Overview: The real estate landscape in 2023 is markedly different from the previous years. The frenzy of buying
Navigating the Chill: A 2023 Guide for Home Sellers in a Slowing Market Read More »
Are you facing the dilemma of whether to upsize to a bigger home or downsize your current one? It’s a decision that often arises as life circumstances change. Whether your family is expanding or you’re seeking a cozier living space, this article will provide you with valuable guidance. Moving to a new home is a
Navigating Home Changes: Should You Go Bigger or Embrace Downsizing? Read More »
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total
People Want Less Expensive Homes – And Builders Are Responding Read More »