Low Mortgage Rates Make Refinancing Rather Tempting
WASHINGTON — With mortgage interest rates setting record lows almost every week for more than two months, two questions naturally come to mind: How low can they go? And should I refinance — again? Find out here!
Mass. Home Sales in June Best in Four Years
Motivated by the looming expiration of a federal tax credit, Massachusetts buyers snapped up 5,726 single-family homes in June, the highest number of monthly sales in four years, according to new data.
Forbes Ranks Boston #3 in Top 20 Cities for Working Mothers
It’s no secret Boston is a prime location in the U.S. for people to move to, with its many great institutions of higher education, some of the world’s finest inpatient hospitals, and numerous cultural and professional sports organizations. But another great facet of our amazing city is that Forbes has now ranked it #3 in the top 20 cities for working mothers.
Right To A View: Neighbor Disputes Over Views
What do you do when your neighbor decides to renovate his home, plant a tree, or somehow obstruct the nice view you have? Well, it seems that you may be out of luck. Most homeowners do not have a right to a view unless it has been granted by an ordinance in the homeowners’ municipality or subdivision. Check out the full article here.
Reasons Your Home Isn’t Selling
Home not selling? Do you know why? I bet you have an idea, but you may not be able to grasp it fully. Here are 5 reasons why your home hasn’t sold and what you can do about it.
Mortgage Application Volume Fell Off Last Week
Mortgage applications volume dropped off by 5.9 percent last week even as mortgage rates decreased, a sign the housing market is struggling with government incentives… full story.
Mortgage Fraud Arrests Hit 500
Some 500 people have been arrested in a nationwide crackdown on mortgage fraud, and federal officials pointed to Las Vegas as one of the centers of the scams that pumped up home prices until the housing market bubble finally burst. Read the full story.
Potential Tax Credit Extension
The U.S. Senate has passed an amendment that would extend the closing deadline of the homebuyer tax credit by three months. Right now, qualifying homebuyers who were under contract by April 30 have until June 30 to close the deal. But because of the large volume of applications for lenders to process, concerns have begun to surface that some buyers may miss out on the tax break simply because of the backlogged pipeline.
The National Association of Realtors (NAR) says it has received reports that as many as a third of the buyers eligible for the credit have already been notified by their lender that they won’t make the June 30 closing deadline. The Senate’s amendment, approved Wednesday by a vote of 60 to 37, would give homebuyers and their lenders until September 30 to complete their transactions.
Massachusetts Home Buyer Turn Offs
Getting a Massachusetts home sold today is a lot more difficult than it used to be. As a seller you want to make sure your home stands out from the competition and I don’t mean in a bad way! Here is some simple advice on what NOT to do when selling your home.
Use a Real Estate Attorney Even When Selling by Owner
Check out this video about how you should always use a real estate lawyer even if you’re selling by owner.
