How Many Homes Are Investors Actually Buying? Are big investors really buying up all the homes today? If you’re trying to find a house to buy, this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for. But spoiler alert – there’s a lot of misinformation out there. To clear things up, here's the scoop on what's really happening. A lot of the big investor activity is actually in the rearview mirror already. The Wall Street ..read more

Situated along the Atlantic Ocean just 10 miles north of Boston, Lynn, Massachusetts, emerges as a dynamic urban center within Greater Boston's bustling inner core. As the eighth-largest municipality in the state and the largest in Essex County, Lynn offers a unique combination of coastal charm and metropolitan energy. Beyond its picturesque setting, Lynn boasts a rich tapestry of history, a diverse culinary scene, and a vibrant array of ethnic communities. Providing an affordable living option for those seeking proximity to Boston's dynamic energy, Lynn is a top destination for New Englande ..read more

The Number of Homes for Sale Is Increasing There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up. There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023):   As Realtor.com explains: “There were 30.4% more homes actively for sale on a typical day in April compared with the sam ..read more

The Top 2 Reasons To Consider a Newly Built Home When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you want to buy a newly built home, you may not have pictured new home construction. A trusted real estate agent can help walk you through these two reasons you may want to reconsider that. 1. Adding Newly Built Homes Could Give You More Options There are two types of homes on the market: new and existing. A ..read more

The Perks of Buying over Renting Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place. 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way home prices are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term, home prices almost always go up (see graph below): Using data from the Federal Reserve (the ..read more

Foreclosure Numbers Are Nothing Like the 2008 Crash If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up. And that may leave you feeling a bit worried about what’s ahead, especially if you owned a home during the housing crash in 2008. The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed. Here’s the latest information stacked against the historical data to put your mind at ease. The Headlines Make the Increase Soun ..read more

Is a Multi-Generational Home Right for You? Ever thought about living in the same house with your grandparents, parents, or other loved ones? You're not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let's check out why they think it’s a good idea to see if it might be a good fit for you, too. Why People Are Choosing Multi-Generational Living According to the National Association of Realtors (NAR), here are just a few key reasons buyers opted for multi-generational homes over the past year (see graph below ..read more

Should I Wait for Mortgage Rates To Come Down Before I Move? If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide t ..read more

Affectionately known as Eastie, East Boston emerges as a spirited and rapidly evolving neighborhood with a stunning cityscape view. This up-and-coming area, bordered by neighboring communities such as Winthrop, Revere, and Chelsea, offers a mix of urban energy and coastal charm. Separated from Downtown Boston and the historic neighborhood of Charlestown by the beautiful waters of Boston Harbor, East Boston has become a top choice for first-time homebuyers and adventurous explorers.  East Boston Lifestyle East Boston has a history deeply rooted in its identity as an immigrant neighborhood ..read more

Is It Getting More Affordable To Buy a Home? Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says: “We’re slowly climbing our way out of an affordability hole, but we have a long way to go. Rates have come down from their peak and are expected to fall again by the end of the year, which should make homebuying a little more ..read more