It’s no secret that the COVID-19 pandemic has affected nearly every industry in the world, and the housing market is no exception. With so many people making the shift to remote work for safety reasons during the pandemic, it has been speculated that this trend may continue even once it is safe to fully return […]
How Remote Work Will Impact Housing Post-Pandemic Read More »
Quite often, too often, in fact, Realtors hear home sellers say that they want to take their home off the market for the holiday season. Their concerns usually stem from the misconception that buyers are not looking during November and December because they’re halting their search for the holidays. In many cases, this is not
Homes DO Sell During the Holidays, It’s Not a Myth! – 2020 Read More »
Though it never seemed possible this year, the market is slowly beginning to be less competitive for buyers. Inventory is still lower than it ever has been, and as you can see in the chart below from the Lamacchia Realty Massachusetts Updates page, the percentage of homes placed under agreement out of total inventory is
Tis the Season for Price Adjustments – 2020 Read More »
The tectonic shift in normal housing trends as a result of the current times has a new symptom: people are selling their condos and moving to single-family homes. Shared communal living in condos is, at least temporarily, not something that as many people want these days. This makes total sense with the social distancing requirements
Inventory Rises While Condo Demand Declines Read More »
For the first time in almost five decades, the average 30-year mortgage rate fell below 3% this week, even amidst concern regarding the resurgence of the COVID-19 pandemic. In addition to the average 30-year mortgage rate falling, the average 15-year mortgage rate fell to 2.48%, which is the lowest it has been in almost 30
Buyer Activity Surges Due to Historically Low Mortgage Rates Read More »
July 2020 – It’s no secret that being a home buyer over the last few years, especially the winter and spring has been very stressful for many and not very rewarding for some. Recently due to COVID-19 pulling inventory way down, bidding wars have been even more rampant. Sellers took a long pause on listing their
2020 Homebuyers: Don’t Worry, This Won’t Last Forever Read More »
If you’ve been thinking about buying a house and finally decided that it’s the right time to take the next steps, congratulations! The home buying process can be overwhelming but it is so exciting, especially when it comes to looking at potential homes. With the coronavirus pandemic, the process of finding your forever home is
Virtual House Hunting 101 Read More »
[vc_row][vc_column][vc_column_text] Are you scared to list your home for sale because you don’t know where you would go if it sells before you find a new home? Are you searching for a home but cannot seem to find it? Worried about having to move twice? Worried about selling and buying safely? If you answered yes
What to Know if You’re a “Want-to-Be” Seller in 2020 Read More »
There are hundreds of reasons why people choose to buy or sell a home when they do. Some may like to anticipate and outsmart the market while others simply are left with no choice but to buy or sell immediately. Even during the COVID-19 outbreak, the same rules apply. Some may choose to wait until
6 Steps for Safely Attending or Holding Home Showings Read More »
[vc_row][vc_column][vc_column_text] Watch Anthony’s Live from 4/13/2020 About This Topic Here! [/vc_column_text][vc_video link=”https://youtu.be/ClDeWwiWaNs” el_width=”60″ align=”center”][vc_column_text] There has been a lot of concern that the COVID-19 Outbreak will incite a real estate market nosedive similar to what happened in the 2008 Housing Crisis. Though COVID-19 has certainly caused a massive slowdown in the market- mainly due to
This is NOT the Same as 2008. Read More »