Volume 7, Issue #1, Sunday, January 15, 2023

Mortgage Buydowns are the Hot New Thing Helping the Housing Market The hot new thing in the moribund housing market is called a mortgage buydown — it's one of the concessions home sellers are increasingly offering buyers to seal a deal. Why it matters: Though they've been around a while, buydowns seem a tailor-made solution for the current real estate market's biggest problem: High mortgage rates hovering around 6% have turned off buyers. A 3.5-Minute Read Read More at Axios

Mass. is the Best State to Raise a Family, WalletHub Says Second Year in a Row! Massachusetts is the best place to raise a family, a WalletHub study found. The website conducted a study to find the state ideal for raising a family by comparing the 50 states across 51 key indicators of family-friendliness. A 2-Minute Read Read More at MassLive

Buying a Home Became a Key Way to Build Wealth. What Happens if You Can't Afford to? Rebecca Bush started her home search in January of 2020. "I thought maybe I'll find the perfect house in the next couple of months, and then it will line up with when my lease ends," the 27-year-old says. "We all know what happened in March." Coronavirus. The housing market plunged into chaos as a result of the pandemic. Home values increased nearly 20% across the U.S. A 6-Minute Read Read More at NPR

Tips To Reach Your Homebuying Goals in 2023 If you’re planning to buy a home in 2023, here are a few things to focus on. You can just work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them.

Hickman-Coen Home Team December! Home For Sale 2 Family! 286 School St., Watertown $975,000 Commercial Property For Sale 1913 Centre St. West Roxbury, $950,000 Sold 30 Chickering St., Dedham $684,000 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

Neighborhood Housing Market Reports for December 2022 Please take a 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! You can choose from Single Family, Condominium, or Multi-Unit at the link. December 2022 Market Reports: Brookline, Dedham, Hyde Park, Jamaica Plain, Newton, Norwood, Roslindale, West Roxbury, Westwood, Click Here to see a market report for a town or neighborhood not listed above!

Buyer Concessions Make a Comeback in the Fourth Quarter After years of bidding wars where potential buyers would waive all sorts of contingencies, today’s buyers are getting concessions from sellers. They’re getting them in record numbers. A new Redfin report found a record share of sellers are giving buyers concessions, including money for repairs and mortgage-rate buydowns. A 2.5-Minute Read Read More at Boston Agent Magazine

What You Want To Know If You’re Pursuing Your Dream of Homeownership As a young adult, you may think about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says... A 3.5-Minute Read Read More at Simplifying the Market

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