A Community For Massachusetts Home Buyers And Homeowners

November 2008 Blog Posts (4)

See How Three Homes Were Renovated

The Boston Globe published a photo gallery of how three homeowners in Brookline, Melrose and Newton renovated their older homes.

Click here to see the photo gallery.

Added by Rich Rosa on November 28, 2008 at 5:07pm — No Comments

Is it Smarter to Rent?

Obviously, with the current financial market, a lot of Buyers are really worried about buying real estate or getting into the investment market... honestly, I don't blame them. On the other hand, there are other factors that indicate it's a great time to buy -- high inventory, low interest rates and less qualified Buyers.

A mortgage broker also recently sent me this Rent vs. Own Analysis:

"Most buyers are paying from $1,500 to $3,000 per month to rent. This equates to… Continue

Added by Dave Kres on November 21, 2008 at 6:00pm — No Comments

Now Might Be The Right Time To Remodel

Prices are falling on building materials and on contractors’ fees, and that’s reflected in a 12 percent drop in consumer spending on home improvements, Harvard’s Joint Center for Housing Studies reported recently.

"'It's hard for home owners to think about spending on their houses when real estate values are falling,' says Kermit Baker, a senior research fellow at Harvard. 'But with contractors hungrier for business, you'll be able to negotiate better prices, win other concessions… Continue

Added by Rich Rosa on November 14, 2008 at 8:14pm — No Comments

Home Ownership Expense Calculator

Here is a useful calculator for home buyers to calculate their expenses. Rather than just tel you your mortgage payment, it also takes into account the tax benefits of home ownership. Just adjust the numbers to match your specific situation and the calculations will appear automatically.

Download the Excel spreadsheet below.…

Continue

Added by Rich Rosa on November 6, 2008 at 9:30am — No Comments