There’s an undeniable truth about residential real estate: it’s challenging to accurately determine the right asking price for a home! While every year tens of thousands of houses, condos and multifamily properties successfully sell on MLSPIN, the main MLS serving Massachusetts, there are also tens of thousands of listings each year that fail to sell [...]
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Home Seller Tips
Most home sellers want to know what transaction costs they’ll encounter with the sale of their home. It makes sense to know ahead of time how much it costs to sell your home in Massachusetts! Some home selling expenses shouldn’t come as much of a shock. For example, your lender expects you to pay off [...]
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Before you spend big money fixing up your home simply to sell it, think about the likely payback before you undertake any projects. You might be surprised how poorly some popular home improvements fare in terms of increasing your home’s resale value in relation to the money spent. If you are planning on selling your [...]
Massachusetts mandates that every home have working smoke detectors and carbon monoxide (CO) detectors. The state and mortgage lenders back that up by requiring that every home be inspected by the local fire department to assure compliance prior to the sale of the home. But even if you are not moving anytime soon, it makes [...]
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Here’s your chance to be one of the first to visit Warren’s new Facebook page! “Moving West of Boston” is all about helping you get the most out of living in the vibrant suburbs west of Boston. Whether you’ve lived in the region for years or are just in the early stages of relocating to [...]
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A slowdown in MA home sales coupled with an increase in the number of homes for sale caused home inventories to rise in Massachusetts in October. The bulge in the inventory of homes on the market in MA reflects a drop off in the number of ready, willing and able home buyers. A general weakening [...]
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Many homes for sale in Massachusetts come with kitchens that feature beautiful granite countertops perched on low quality cabinets. You might be surprised to know that even homes in the $600,000 – $900,000 price bracket often offer glitzy kitchen countertops that mask potential cabinet problems below. Look beyond the countertop So if you’re in the [...]
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Home sales in Massachusetts fell 31.7% in July 2010 from year ago levels according to data maintained by MLSPIN, the largest MLS in the state. Pending sales in MA also fell dramatically last month (-20%) compared to July 2009. Worst July in years The 31.7% drop in sales and 20% falloff in pendings across the [...]
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With the recent news that the Obama Administration’s Home Affordable Modification Program (HAMP) is failing to help the overwhelming majority of distressed homeowners in the country (see Money.com’s article “10 foreclosures for every home saved”), we may see more short sales and foreclosure auctions in coming months. New short sale program designed to help The [...]
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There was so much heavy rainfall recently in MA that many homeowners are dealing with water in basements that otherwise have been dry for decades. “RIB” read the recent post on what to do with wet basements in Massachusetts and asked for advice on how to diagnose a malfunctioning perimeter drain in his basement. Perimeter [...]
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