The True Cost of Selling Your Boston Home on Your Own
Berkshire Hathaway Home Services Blog
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10M ago
Selling your house is no simple task. While some Boston homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you should know. The most recent Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveyed homeowners who’d recently sold their own homes and asked what difficulties they faced. Those sellers say some of the greatest challenges were prepping their home for sale ..read more
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Settling in Boston: The Top Local Services You Need to Know About
Berkshire Hathaway Home Services Blog
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10M ago
  Moving to Boston is an exciting adventure that awaits you. As a city with a rich history, vibrant culture, and robust economy, Boston has much to offer new residents. But as with any relocation, getting to know the local services is crucial. As leading experts in Boston real estate, Berkshire Hathaway HomeServices Warren Residential has the insights you need. We're here to guide you through this process and ensure your transition to this dynamic city is seamless. Understanding Your Utility Providers in Boston Boston's energy scene is a blend of traditional and progressive choices. Evers ..read more
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Think Smarter with Nick. June 2023.
Berkshire Hathaway Home Services Blog
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11M ago
Summer is officially here, and we couldn’t be more excited This month, Nick discusses the Boston area's summer real estate market and the unique factors buyers and sellers should take into account if they are looking to move. Boston's Summer Condo Market Activity Contrary to what one might expect, the Boston condo market doesn't cool down with the rising temperatures. Even during the relaxed summer season, we notice a steady wave of activity in our city's condo market. As vacations and beach trips become the norm, Boston's real estate market continues to thrive. Tips for Summer Sellers Are you ..read more
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Real Estate Is Still Considered the Best Long-Term Investment
Berkshire Hathaway Home Services Blog
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11M ago
  With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in Boston homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below): If you’re thinking about purchasing a home, let this poll reassure you. Even with everything happening today, Americans recognize owning a home is a powerful financial decision. Why Do Americans ..read more
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Think Smarter with Nick. May 2023.
Berkshire Hathaway Home Services Blog
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1y ago
As the weather warms up and the housing market continues to sizzle, we'll discuss the importance of staging your home for sale and exploring some of our city's fantastic summer activities. The Impact of Staging in the Boston Home Market The importance of staging cannot be overstated when selling your Boston area home. Staging is more than just sprucing up your space—it's about creating an environment in which potential buyers can envision themselves. It's about showing off your home's best features, making it feel inviting, and subtly persuading buyers that this is their future home. Think abo ..read more
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The Impact of Inflation on Mortgage Rates
Berkshire Hathaway Home Services Blog
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1y ago
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the Boston housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard to lower inflation, the latest data shows that, while the number has improved some, the inflation rate is still higher than the target (2). That played a role in the Fed's decision to raise the Federal Funds Rate last week. As Bankrate explains: “Keeping its inflation ..read more
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How Rising Interest Rates Impact the Boston Real Estate Market
Berkshire Hathaway Home Services Blog
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1y ago
The recent news of the Federal Reserve increasing interest rates by 0.25 percentage points marks the tenth consecutive hike. While this decision aims to reduce liquidity in financial markets and control high inflation, how could it impact the Boston real estate market? This blog post will explore the potential consequences of rising interest rates on the Boston real estate market. Mortgage rates and home affordability:  Although the federal funds rate doesn't directly impact mortgage rates, they typically move in the same direction. Higher interest rates often lead to higher mortgage ..read more
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What Are the Experts Saying About the Spring Housing Market?
Berkshire Hathaway Home Services Blog
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1y ago
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more Boston homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s what industry experts are saying right now about the spring housing market and what it means for you: Selma Hepp, Chief Economist, CoreLogic: “We see more competition among buyers . . . Housing supply also tends to grow during the spring months. And this is also the time of ye ..read more
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Think Twice Before Waiting for Lower Home Prices
Berkshire Hathaway Home Services Blog
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1y ago
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy. A recent survey from Zonda shows 53 of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data ..read more
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The Art of Negotiation: Crucial Advice for Buying and Selling Real Estate in Boston and How a Professional Agent Can Help
Berkshire Hathaway Home Services Blog
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1y ago
Practical negotiation skills are essential for buyers and sellers in the cutthroat Boston real estate market. Learning the art of negotiating can make all the difference when trying to sell your property for the highest price or buy your dream house. Practical negotiation skills are essential for both buyers and sellers in the cutthroat Boston real estate market. We'll go over key advice in this blog post to help you successfully negotiate and accomplish your real estate goals, as well as how a qualified real estate agent can support you at every stage. Perform Your Due Diligence: Knowledge is ..read more
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