What You Really Need To Know About Down Payments
Some HighlightsThere’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.And if you want to give your savings a boost, look into down
Read MoreRadon and Real Estate: What Every Buyer and Seller in Massachusetts Needs to Know
Radon and Real Estate: What Every Buyer and Seller in Massachusetts Needs to Know When you’re navigating the complexities of a real estate transaction, the last thing you want is a surprise. One potential issue that often comes up during the home inspection period is radon. But what is it, and how
Read MoreYou May Have Enough Equity To Downsize and Buy Your Next House in Cash
Some HighlightsHave you been holding off on downsizing? If so, you should know your equity could make your move possible.Homeowners today have so much equity that a record number are buying their next house in all cash. And that has some big benefits like making their offer more appealing, potential
Read MoreBuying Your First Home? FHA Loans Can Help
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan.They’re designed to help y
Read MoreThe Big Difference Between a Homeowner’s and a Renter’s Net Worth
Some HighlightsHomeownership is one of the best ways to build wealth in our country and it’s easy to see why.As you pay down your mortgage and as home values rise over time, you gain equity – and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renters.
Read MoreWhy Buying Real Estate Is Still the Best Long-Term Investment
Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now?But here’s one thing that do
Read MoreHow Much Money Can You Make Flipping Houses?
There’s probably a good chance you’ve stumbled on one of the millions of home renovation shows or online videos and thought to yourself, “Heck, I can do that.” While the profitability of flipping homes can be bountiful, becoming an expert in this niche takes knowledge and experience. Today, we'll
Read MoreNewly Built Homes May Be Less Expensive Than You Think
Do you think a brand-new home means a bigger price tag? Think again.Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing homes
Read MoreIs It Better To Rent or Buy a Home?
You’ve probably asked yourself lately: Is it even worth trying to buy a home right now?With high home prices and stubborn mortgage rates, renting can seem like the safer choice right now. Or maybe your only choice. That’s a very real feeling. And perhaps buying today isn’t your best move; it’s not f
Read MoreRenovated Two Family Home For Sale at 16 Horton Street, Salem, MA
Discover Multi-Generational Comfort at 16 Horton Street, Salem, MA If you’ve been searching for a home that brings everyone together without sacrificing space or privacy, 16 Horton Street in Salem, MA, is a rare find. This spacious multi-family property is tailor-made for multi-generational living,
Read MoreThinking of Buying an Older Home? Here Are Some Things to Keep in Mind
There's an undeniable charm to older homes. The intricate details, the mature landscaping, the sense of history within the walls – it's a romantic notion for many prospective homeowners. But beneath that charming facade, older homes often come with a unique set of considerations that differ signif
Read MoreMany Veterans Don’t Know about This VA Home Loan Benefit
For 80 years, Veterans Affairs (VA) home loans have helped countless Veterans buy a home. But even though a lot of Veterans have access to this powerful program, the majority don't know about one of its core benefits.According to a report from Veterans United only 3 in 10 Veterans are aware they may
Read MoreCommon Real Estate Terms Explained
If you're a first-time homebuyer, chances are you'll come across some terms you’re not familiar with. And that can be overwhelming, especially while going through one of the biggest purchases of your life. The good news is you don’t need to be an expert on real estate jargon. That’s your agent’s job
Read MoreReal Estate Is Voted the Best Long-Term Investment 12 Years in a Row
Some HighlightsIn a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now.That’s because homeownership is one of the top ways to build your wealth, even with home price growth moderating and ongoing econ
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Wondering how to make sense of today’s housing market? You’re not alone. A lot of people are asking what’s ahead for inventory, prices, the economy, and more. You deserve answers — and that’s where your trusted local REMAX® agent comes in.
Read More Thinking about an Adjustable-Rate Mortgage? Read This First.
If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? Adjustable-rate
Read MoreWhat Waiting To Buy Could Cost You
A lot of people want to buy a home, but they feel stuck in “wait and see” mode. Maybe you’re one of them. You’re holding your breath, hoping prices will fall or rates will come back down. But while you’re waiting, the market is moving — without you.The reality is, trying to time the market rarely wo
Read MoreA Fresh Look at Condos for Sale in Salem, MA: What Buyers Need to Know
A Fresh Look at Condos for Sale in Salem, MA: What Buyers Need to Know Salem, Massachusetts, is a city where history and modern living blend seamlessly. Known for its rich past and vibrant downtown, Salem has become a hot spot for those seeking the charm of New England with the convenience of city a
Read MoreTips for Home Buyers: Getting Your Offer Accepted
Securing your dream home can feel like a competitive sport, especially in a hot real estate market. So, how do you make sure your offer stands out from the rest and gets accepted? Here are some key tips for home buyers looking to give their offer the winning edge: Tips for Home Buyers: Getting You
Read MoreMore Homes for Sale Isn’t a Warning Sign – It's Your Buying Opportunity
Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the marke
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