Mortgage Rates Ease After Powell Weighs in on Impacts of Tightening

Hey Everyone! Deb Bailey here. Some GOOD news! I came across this great article by Matt Carter for Inman News and wanted to share. Enjoy! The Fed chair acknowledged that elevated term premiums — higher rates of return bond investors are demanding to compensate them for risk — could reduce the need for further rate hikes. BY MATT CARTER INMAN …

9 lessons most other agents are learning the hard way

Hey everyone! Deb Bailey here. We’re all looking for ways to build our business. I found this great article by Jimmy Burgess that I wanted to share with you. It’s a reminder that going back to the basics can help you build your business. While others are learning from their mistakes in today’s market, you don’t have to. Find out …

Enhancing Your Real Estate Journey: The Power of Multilingual Closed Captions

Are you ready to get started training for a career in real estate? Is english not your native language, are you hard of hearing or do you learn better while reading and listening at that same time?  We’ve been offering online training at New England Real Estate Academy since 2017. We’re committed to making our students the priority and finding …

Are you asking yourself “Should I get a real estate license?”

Whether you’re thinking about getting a real estate license in Massachusetts as a part time gig or jumping in full time, the first step is completing the 40 hour Massachusetts Real Estate Pre-License Course. To help you on your journey we have collected the top 10 Reasons To Become a Licensed Real Estate Agent Smart Money Moves: Imagine the financial …

Red Flag! 13 Things Agents Should Watch Out For When Being Recruited

Here’s what some agents who have recently made strategic moves have to say about keeping one’s eye on the prize when it comes to negotiating contracts with a new brokerage. By LILLIAN DICKERSON for Inman™ This article was last updated on May 2, 2023. It can be exciting and flattering for agents to be courted by a new brokerage when looking …

Real Estate Scams in today’s market

Real estate scams come and go, but there are two prominent scenarios in our market right now! The bad guy searches public records to find real estate that is free of mortgages or other liens – often vacant lots or rental properties – and identifies the true owner. Then he/she poses as the owner and contacts a real estate agent …

The Massachusetts Association of REALTORS® has released its housing statistics for February 2023

FOXBOROUGH, Mass. – March 20, 2023 – The Massachusetts Association of REALTORS® (MAR) has released its housing statistics for February 2023. Though closed sales fell year-overyear once again, the net percentage decrease has improved compared to previous months.This figure, coupled with nationwide trends on increasing inventory and reduced mortgage rates, spells some optimism for the Commonwealth’s housing market. MAR data …

Nearly Nine in 10 Metro Areas Posted Home Price Gains in the Fourth Quarter of 2022

February 9, 2023 Provided by: National Association of Realtors® Media Contact: Troy Green 202-383-1042 Key Highlights • Single-family existing-home sales prices climbed in almost 90% of measured metro areas – 166 of 186 – in the fourth quarter. The national median single-family existing-home price increased 4.0% from one year ago to $378,700. • The monthly mortgage payment on a typical …

What Does the Rest of the Year Hold for Home Prices?

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that record-low mortgage rates motivated more …

Experts Increase 2022 Home Price Projections

If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green …