Volume 4, Issue #6, January 15, 2021 Hickman-Coen Home Team at William Raveis Real Estate www.hickman-coenhometeam.com 617-416-8173

Boston is Racing to Build More New Homes as Demand Surges In 2020 and 2021, the city of Boston experienced the most upheaval as the capital raced to build more homes in an attempt to cater to growing demand from both current residents and brand-new visitors. If you are interested in what triggered Boston’s real estate boom that is ongoing today, continue reading to find out everything you need to know. Read More at Boston Agent Magazine

Mortgage Rates Spike to Highest Level Since March 2020 Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage rates across the board, according to recent reports from Freddie Mac. According to the agency’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed mortgage rate averaged 3.45% for the week ending Jan. 13, climbing 0.7 points from a week earlier. Historically mortgage rates remain low. Read More at RIS Media

Avoid the Rental Trap in 2022 Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988. Read More at Simplifying the Market

Hickman-Coen Home Team December-January Activity! For Sale View The Virtual Tour 8 Bowditch Ave. Jamaica Plain, $1,050,000 Sold 5083 Washington St. #2 West Roxbury 50-56 Broadlawn Pk, Chestnut Hill 36 Albano St. Roslindale Under Agreement 5 Elwell St. Jamaica Plain 86 Savin Hill Ave., Dorchester Apartment/House For Rent View The Virtual Tour! 4381 Washington St., Unit 1, Roslindale 4381 Washington St., Unit 2, Roslindale  We will go to any community in Massachusetts you want to call home! For More Information... Call or Text: Karen Hickman, 617-821-1665 or Helen Coen, 617-416-8173

Video: Home Equity Is a Seed That Can Grow Your Wealth When you buy a home, you plant a seed that grows your investment each year. Let’s connect so you can buy the home of your dreams and let the equity take root today. Watch the 55 Second Video!

Neighborhood Housing Market Reports for December 2021 Look at the neighborhood's current average Listing Price, $ Per Sq Ft., # of Listings, Ave. Sq. Ft., Days on Mkt. etc. Simply click on the neighborhood below that interests you! At the link you can choose from Single Family, Condominium or Multi Unit. December 2021 Market Reports: Brookline, Dedham, Hyde Park, Roslindale, West Roxbury, Jamaica Plain Click Here to see a market report for a town or neighborhood not listed above!

How Much Do You Need for Your Down Payment? As you set out on your home buying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a common misconception. Freddie Mac says: “The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.” Read More at Simplifying The Market

Two Ways Homebuyers Can Win in Today’s Market If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Read More at Hickman-Coen Home Team Blog

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