Build Your Home Buyer Budget
There are a lot of aspects to a home buying budget. An important thing to consider regarding home buying budgets is that it’s not necessarily a single budget. While some people can buy a house using cash entirely, most need a mortgage. This means that you need to budget for what it takes to get a mortgage.
Massachusetts Home Sellers See Profits
Today’s real estate market could not possibly be better for homeowners who are interested in selling their homes. Low inventory and high demand mean that home sellers can expect the most possible for their homes on the open market. In addition, selling your home has never been easier given that home buyers are willing to do anything to close a deal.
Buying A Home In Massachusetts
There are many reasons why it is incredible to call Massachusetts home. This is especially true for those of us who are looking to buy a home in this great state. The fact that we have more houses available on the market than other parts of the country is a huge advantage.
Home Buying Is Chess, Not Checkers
If you are trying to buy a house anytime between now and the next year, you need to approach it like chess and not checkers. In checkers, you are reacting to the moves of the other player. In chess, you are making strategic plans and thinking several moves ahead. Home buyers need to do the same thing.
Should You Sell Your Second Home?
In order to take more control over their vacation plans, millions of Americans opted to buy vacation homes. While many who bought second homes are happy with their purchases, right now might be the perfect time to sell them.
Real Estate is Adapting to Technology
Being in a pandemic has forced us to grapple with technology and push it to its limits. Due to lockdowns, real estate professionals had to find different ways to communicate and help buyers, as well as home sellers. Experts agree that technology in the workplace is something that will be changed forever.
Preparing a Realistic Home Buying Budget
There is a lot that goes into buying a home and mortgage contracts can be confusing. The best way to navigate this process and make sure you have a realistic budget is to work with a true professional. The real estate professionals at Streamline Realty are here to help you with every step of the process.
Is It Time To Sell?
It is hard to know when you are at the peak or at one of the lowest points of any of the dips. However, when it comes to selling, it’s always better to be one of the first to sell than one of the last. Selling now while inventory is low allows you to take advantage of today’s seller’s market and get the most for your home.
Home Buyers Need A Little Patience
While it is difficult to buy a home in today's real estate market, it is still possible. The key to navigating these waters as a home buyer is patience. The team at Streamline Realty is here to explain how patience will help you by the home of your dreams.
Understanding Rising Mortgage Rates
When buying a home, it is important to think about current mortgage rates. Freddie Mac released results from their Primary Mortgage Market Survey which talks about how mortgage rates have changed. Recently, the rate was announced to be 3.01%. This was a significant change as it is the first time in three months that the rate went above 3%. Here is what home buyers need to know about these rate changes.
Preparing For Your Home Sale
While today’s market is great for sellers, we never know what tomorrow brings. Markets go in cycles and today’s seller’s market could turn into tomorrow’s buyers market. So, if you have thought at all about selling your home, there might never be a better chance than now. Selling your house now allows you to take advantage of your leverage and get the most profit possible.
Waiting To Buy Is A Bad Idea
Rising rents, rising mortgage rates, and rising home prices are a trifecta of misery for anyone who is delaying buying a home. Prices may be higher now, but they are only going up. All of the projections point to more money coming out of your pockets if you wait to buy a home.
Is It Time To Sell Your Home?
The real estate market is acting as the very definition of a seller’s market. There is sky-high demand from home buyers because of low mortgage rates. At the same time, the inventory of available homes to purchase is at historic lows. This sets up a real estate environment where home sellers have almost all of the leverage.
Technology Has Changed Real Estate
The COVID-19 pandemic has changed the world we live in. With work being more remote, choosing a home becomes an even more important task for families to take on. However, you want to stay safe when buying your home. This is why technological advancements in real estate are doing us all a favor.
Think Twice Before Building A House
Building a house might seem like the perfect way to get exactly what you want in a new home. However, building a new house in today’s market is much more difficult than you would imagine. More importantly, it is often a lot more expensive than you would think. There are critical supply shortgages that are posing serious challenges to homebuilders all over the United States.
Prepare Today To Buy A Home Tomorrow
If you have been renting all your life and you are not prepared to buy a house at this moment, you should not think of having to do everything at once. There are small steps you can make today that can prepare you to buy a house tomorrow.
Today’s Home Prices Are Actually Affordable
The reason why home buyers are still searching for the home of their dreams at today’s prices is because homes are still affordable. The team at Streamline Realty is here to break down why houses are still affordable even at today’s high prices.
Boston Real Estate Update
Last year’s real estate market was red hot, especially during the summer months. Home buyers rushed to get good deals on the house of their dreams due to low mortgage rates. Few predicted that home buyer demand would stay this high for this long. However, it has. As strong as last summer’s real estate market was, this summer’s is even stronger, especially in Boston.
Rising Rent Means It Is Time To Buy
If you are considering whether now is the right time to buy a home, there is more to your decision than home sales. If you are on the fence about buying a house it is also important to consider what happens if you do not buy a house. One important thing to consider is what is happening with the rental market.
Condo Sales Are Rising
For home buyers who are feeling priced out of the current market, there are other options available and many are turning to them. Condo sales are rising around the country and there are good reasons why.