Fall is here but the festivals and parades aren't stopping yet! 🍂

#bostonevents #boston #bostonhomes #bostonrealty

You can't control where rates go.

But you can control a few things that shape the rate you actually get: your credit score, the type of loan you choose, and whether you buy a newly built home since builders are often buying down rates to bring buyers in.

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There are more sellers than buyers on the market right now. That means a lot of sellers know they’ll have to compromise a bit to get their house sold, which leaves you room to negotiate on price and terms.

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Price cuts have climbed for 7 straight months.

Right now, more than 4 in 10 homes for sale have already had one, and it usually comes down to one thing – the market's moving faster than most sellers expected and their pricing hasn’t necessarily kept up.

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October has finally arrived, and here are some events that you have to look forward to this weekend!

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The best time to buy a home this year is here.

We’re talking about more homes to choose from, better pricing, less competition, and more time to decide. And maybe that’s enough to offset some of the pressure today’s higher rates are putting on your budget.

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Buying and selling at the same time and not sure where to start?

Let’s talk through the pros and cons. We’ll figure out what makes the most sense for you – and how to make the whole process as stress-free as possible.

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Tapping into your 401(k) can feel like an easy call, especially if you’ve got a good chunk saved up.

But pulling from retirement early can trigger penalties and set back the savings you'll want later on.

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Here's what's happening around us this weekend!😄

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Have you seen the headlines about using your 401K to cover a down payment?

Here are the benefits of doing that but don't worry, I will also be covering the reasons why you shouldn't dip into your 401K in a couple days from now.

You deserve to hear both sides of the story.

#boston #bostonhomes

From worn-out to wow-worthy.

Ready to transform your own floors? DM us or click the link in bio for a free quote. 👇

📞 617-297-7696 | 🌐 www.magoflooring.com
#MagoFlooring #ParquetRestoration #BostonHomes #SouthEndBoston #FloorRefinishing
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Repeat buyers, you’ve got a big leg up on your next move.

It’s your equity. Sell, and that equity turns into cash you can roll right into your next down payment.

That’s how a lot of repeat buyers put down 20% or more.

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More than 40% of sellers are dropping their asking price right now. And the median list price this July was the lowest for any July in 5 years.

That means sellers aren’t expecting buyers to pay whatever they ask. They’re more willing to meet you where you’re at.

#boston #bostonhomes #bostonrealty

Finally a festival for pizza lovers! 🍕

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The latest home price data just made one thing clear.

More markets are seeing prices rise. And fewer are seeing them fall.

Just one quarter ago, home prices were rising in 71% of markets. Today, it's 80%. That’s a pretty big shift in just 3 months.

#boston #bostonhomes #bostonrealty

One number tells you almost everything you need to know. It's the months' supply of homes for sale.

If there's fewer than 4 months? Sellers have the advantage.
Between 4-6 months? Buyers and sellers are on equal footing.
More than 6 months? Buyers have the power.

#boston #bostonhomes #bostonrealty

What's the one word you'd use to describe this year so far?

For a lot of people, it's stressful. And when everything feels shaky, it’s easy to second-guess the move you were ready to make. But the truth is, the housing market is one thing that’s been remarkably stable.

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This weekend, Cambridge is the place to be! Check out these events!

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You may have heard that growth has been slowing down.

It’s true it went from +31% a year ago to just +2% now. But don't worry because nationally, inventory has been up year-over-year for 33 straight months.

And the latest data shows the slowdown may have already hit its floor.

#bostonhomes

A lot of buyers are waiting because they think mortgage rates will drop.
The problem? That's not what today's forecasts say is going to happen.
Experts believe mortgage rates will actually stay in the mid to low 6s through 2027 due to a number of factors – including inflation.

#boston #bostonhomes