With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent from October 2007 to March …
Impact of the Coronavirus on the U.S. Housing Market
The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around the world. With all this uncertainty, how do you make powerful and …
Holiday Gifts Are Not the Only Hot Things Right Now
Black Friday is behind us and holiday gifts are flying off the shelves in stores and online. Unlike last year, however, there’s another type of buyer that is very active this winter – the homebuyer. Each month, ShowingTime releases their Showing Index, which tracks the average number of appointments received on active U.S. house listings. The latest index revealed: “Traffic was more active once …
5 Reasons to Sell Your MetroWest Home This Winter
Below are five compelling reasons to list your house this winter. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains strong throughout the vast majority of the country. These buyers are ready, willing, and able to purchase, and are in the market right now. More often than not, in many areas of …
5 Real Estate Reality TV Myths Explained
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV show marathon, you might start …
What If I Wait a Year to Buy a Home?
National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you …
5 Tips When Buying a Newly Constructed Home
The lack of existing inventory for sale has forced many homebuyers to begin looking at new construction. When you buy a newly constructed home instead of an existing home, there are many extra steps that must take place. To ensure a hassle-free process, here are 5 tips to keep in mind if you are considering new construction: 1. Hire an …
Not Business as Usual: Redefining the Real Estate Industry
“Real estate franchising in North America is totally broken,” says David Tedesco, owner and CEO of Realty Executives International. Speaking to me between meetings at Tedesco’s 100,000-square-foot campus in North Scottsdale, he tells me that the real estate industry is in the very early stages of a major shift that’ll leave it looking quite different than what it is today. …
Realty Executives Boston West Named to Swanepoel Top 1000 List
Alan Marks and his team at Realty Executives Boston West hit the jackpot recently, landing at No.777 on the Swanepoel top 1000 brokerages list. The achievement is Boston West’s first recognition on the list since opening its doors in 2005. “I was really surprised,” Marks said. “I didn’t know what the sales revenue cutoff was so when I saw it …
7 Tips for Making Your New Neighborhood Feel Like Home
Making a move can be a very stressful process, and it can be a lot more than just unpacking boxes and getting your kids familiar with a new school and home. Once you’ve totally unpacked and feel organized, to truly feel comfortable in your new community, you want to connect with your neighbors and get a real feel for your …
7 Home Reno’s That Will Increase Your Resale Value Big Time
You want to make the most money possible when it comes time to sell your home. The way to do that is by improving and updating the things in your home that buyers look for the most. We compiled this list for those looking to boost their resale value. It’s important to focus on the renovation projects that will net …
Should I Rent or Buy a Home?
Choosing whether to rent or own a home is not an easy decision. It requires you to carefully examine the factors and costs associated with each option. Which is better? That depends. Your unique economic situation, lifestyle and goals play the largest part in deciding what is better for you. It’s important to go into your calculations with open eyes. …
Things You Shouldn’t Do When Buying a Home
The last thing in the world you would ever want is to spend a bunch of time searching for a home, finding that perfect place and then not being approved for your mortgage. There are also many common mistakes homebuyers make that could make the process much more painful than it has to be. We’re writing this article because we …