If you're planning to purchase your first home, or your tenth home, start here. Buying property in Massachusetts is not difficult, but it's helpful to understand and be aware of the local customs before you start your search. Our goal is help guide you toward the best decision for your unique situation. To do this we believe that a well informed client will ultimately be the most satisfied too. We look forward to discussing the current market conditions and trends with you - most important, we can't wait to help you discover your dream home!
Check out our on demand home buyer video seminar here! After registering, you'll have instant access to our on demand buyer consultation and we'll immediately mail (USPS) your home Massachusetts Home Buyer Booklet. It include everything you need to buy a home in Massachusetts - even sample forms. Click here to get access now!
Selling your home is a big decision. It's not just about moving, it's about identifying a proven seamless process that will help maximize the value of current property within a timeline that meets your specific needs.
There's no doubt that this can be a stressful process, but after successfully selling 100s of homes, we've identified the smoothest processes, most effective marketing strategies and negotiation techniques to ensure the highest sale price with the least amount of hassle. Contact us today for a no obligation consultation.
Asbestos - Asbestos.com provides a Guide to Asbestos in The Home ... it outlines common asbestos locations, related heath concerns and how to deal with asbestos when it's found. Tips on how to hire an asbestos remover can also be found at asbestos.com.
Lead Paint - Slowly phased out in the 1960s and 1970s, lead paint was ultimately outlawed in residential use in 1978. Consequently, all homes older than 1978 are suspect; however, there are many ways to mitigate lead paint and costs can vary. In recent years, the government has eased mitigation requirements to encourage lead compliance. The below sites provide additional information about lead paint safety ... you can even search property to see if it's been tested for lead paint.
Mass.gov - Search property testing history
New England Lead Prevention - Information for home buyers, tenants, landlords, etc.
An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right.
But there are some early signs that more listings are coming. According to the latest data, new listings (homeowners who just put their house up for sale) are trending up. Here’s a look at why this is noteworthy and what it may mean for you.
It’s well known that the busiest time in the housing market each year is the spring buying season. That’s why there’s a predictable increase in the volume of newly listed homes throughout the first half of the year. Sellers are anticipating this and ramping up for the months when buyers are most active. But, as the school year kicks off and as the holidays approach, the market cools. It’s what’s expected.
But here’s what’s surprising. Based on the latest data from Realtor.com, there’s an increase in the number of sellers listing their houses later this year than usual. A peak this late in the year isn’t typical. You can see both the normal seasonal trend and the unusual August in the graph below:As Realtor.com explains:
“While inventory continues to be in short supply, August witnessed an unusual uptick in newly listed homes compared to July, hopefully signaling a return in seller activity heading toward the fall season . . .”
While this is only one month of data, it’s unusual enough to note. It’s still too early to say for sure if this trend will continue, but it’s something you’ll want to stay ahead of if it does.
If you’ve been putting off selling your house, now may be the sweet spot to make your move. That’s because, if this trend continues, you’ll have more competition the longer you wait. And if your neighbor puts their house up for sale too, it means you may have to share buyers’ attention with that other homeowner. If you sell now, you can beat your neighbors to the punch.
But, even with more homes coming onto the market, the market is still well below normal supply levels. And, that inventory deficit isn’t going to be reversed overnight. The graph below helps put this into context, so you can see the opportunity you still have now:
Even though inventory is still low, you don’t want to wait for more competition to pop up in your neighborhood. You still have an incredible opportunity if you sell your house today. Let’s connect to explore the benefits of selling now before more homes come to the market.
Other Useful Tools
Financing ... everyone's budget and cash flow is different. Whether you you get paid on a salary, hourly, bonus or commission basis, understanding your monthly obligation is critical when buying a home.
Here is a link to a mortgage calculator to help you start your planning.
Real estate can be a very rewarding career ... each day we have the opportunity to meet and help new people! Being able to help someone start a new stage of life is an extremely gratifying experience.
It's relatively easy to get started, but knowing where and how to start is the biggest challenge. Unfortunately, the state licensing exam doesn't cover any marketing or business planning ... so new agents are often left to sink or swim! In 2023, the National Association of Realtors estimates 10,000 agents are being forced to leave the business each month!
After being in business for 20+ years, I've been able to help many buyers, sellers AND agents succeed. Getting started the right way with the right company can make or break an new agent. eXp Realty is now selling more homes than any other brokerage, so we have tools and training to help you succeed. Moreover, it would be my pleasure to introduce you to the company's tools, answer any questions that you have about the business and share my systems and training so that you are able to quickly launch your new business. Let's connect!