Tag: boston home buyers
Investing in multi-family properties in Boston is a great way to build long-term wealth and reach financial freedom. These properties have two or more units, which are rented out to tenants, making them an attractive investment option as they provide multiple streams of rental income. In Boston, demand for apartments is consistently outpacing supply. The […]
First-time homebuyers in Boston typically only consider purchasing single-family homes or condos. This is the more traditional route to becoming a property owner. However, in today’s current real estate market, it may make more financial sense to purchase a multi-family home in Boston. While the overall price tag (and down payment) may be larger on […]
The Boston real estate market is hot- prices keep rising in 2022, making it intimidating for new investors. However, if you think it’s too complicated, or even impossible, to invest in the city’s thriving multi- family market then think again. In some instances, you may even be able to achieve a lower net monthly payment […]
If you’re planning on leaping into multifamily investments in a competitive market like Boston, you’ll need to create a process for performing due diligence on a property. You can protect yourself from a long list of potential pitfalls by knowing how to fully assess a multifamily home for sale in Boston. By creating a checklist […]
Real estate sales in Boston have slowed down in the first half of 2022, due to several factors including rising interest rates, rising home prices, and a lack of inventory. According to MLS data, Boston’s median sale price for all residential property types was $805,500 in April 2022. The increase in home prices has left […]
Real estate sales in the city of Boston have slowed over the first few months of 2022, indicating a cooling housing market. Since the beginning of the year, the average 30-year fixed APR has increased by over 70%, as rates jumped from 3.183% to 5.422%. This has slightly softened the market for buyers, as the […]
Boston’s rich history is impressive, and the old cobblestone roads have plenty of timeless charm. However, while old may translate into charming in the streets of Boston, it isn’t what you want when it comes to home décor. Your Boston home should reflect your personal style, but it’s important not to make permanent decisions based […]
There are certain key terminologies used in mortgages that every home buyer should know. If you are taking out a mortgage, it’s essential that you understand the terms used. Otherwise, you could find yourself in a financial bind due to your lack of knowledge. In November, we discussed 10 mortgage terms all homebuyers should know […]
Greater Boston is one of the real estate markets with the highest property values in the country. Most homes are priced at over half a million dollars. As such, it is nearly impossible for most families to buy a home in Boston using outright cash, without the need for a home loan. When purchasing a […]
The vast majority of society is under the false impression that Millennials don’t have the desire to become homeowners. Many people think that Millennial’s would rather live at home with their parents or rent apartments. However, those people could not be more wrong. In fact, Millennials in the process of home buying have surpassed baby […]