The achievement of the Hickman-Coen Home Team at William Raveis Real Estate, Chestnut Hill, in generating over $100 million in sales over the last six years is commendable. This level of success demonstrates their exceptional skills and proficiency in the real estate market.
So what can we expect for real estate in 2023? Will mortgage rates continue to climb? Could home prices come crashing down? While this is one of the more challenging real estate periods to forecast, here’s what several industry experts predict will happen to the U.S. housing market in the coming year.
Mayor Michelle Wu knows that talking about housing policy makes some people’s “eyes glaze over.” But that didn’t stop her from getting into the weeds during her monthly appearance yesterday on Radio Boston. And she also made several bits of news.
Cut through the online clutter and armchair quarterbacking of the real estate industry with these ten predictions from Windermere Real Estate Chief Economist Matthew Gardner. This article appeared in Inman, Hickman-Coen Home Team is a subscriber.
The townhouse has been smartly renovated. There are three sunlit levels, a two+ bedroom townhouse. Move-in ready with gleaming hardwood floors and neutral paint colors throughout the townhouse. Features good-sized living room and separate formal dining room with classic built-in. Modern kitchen with newer stainless steel appliances & granite countertops. From the kitchen, access to the private stone patio. There are two good-sized bedrooms on the second level, with ample closets, and each has recently installed mini-split A/C units. Finished third-floor bonus room, perfect for home office, playroom, etc. Private laundry in basement. One car garage parking plus additional off-street parking for one car.
February 1st, 2022 Real News You Can Use! A Real Estate Newsletter from Boston! Read it here. Lead Story: Boston Rents Reach All-Time High! Other Real Estate articles include. 5 Real Estate Trends to Watch Out For in February, Sellers: Don’t Wait Until Spring To Make Your Move, Hidden Financial Traps for First-Time Homebuyers to Avoid, Fed Rate Hikes Are Coming — How to Tackle Your Savings, Mortgage, Car Payments, and Credit-Card Debt in Advance, Ice Dams It! How to Fix it!
Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and buy a new home all at once.
While the cost of renting is going up, owning a home of your own has actually gotten more affordable.
A family that purchased a median-priced home at the start of 2019 would build more thann$37,750 in family wealth over the next five years with projected price appreciation alone.
Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
