Rent vs Buy in Massachusetts : Advice

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Mario Pavli, Real Estate Pro in Somerville, MA
New home sales stalled in September to just 0.2% growth, following the previous month’s downwardly revised jump of 10%. Analysts think this is more an outlier than a trend, but any optimism is heavily… Read more
Blogged yesterday, 11:47am by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
When the first residents move into Millennium Tower Boston in Downtown Crossing in the summer of 2016, if all goes according to developers' plans, they'll get some of the best views in the city and pay… Read more
Blogged Thu Oct 23, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Sales of existing homes rebounded in September, hitting their highest annual pace this year: 5.17 million.That's up from 5.05 million in August, according to the National Association of Realtors. The… Read more
Blogged Wed Oct 22, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
HousingWire has released the HW Fast50 a list of the 50-fastest growing companies in the housing economy — and the growth some companies have orchestrated in the midst of the stagnant housing recovery… Read more
Blogged Mon Oct 20, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Home builders aren’t so confident in the housing market any more.After four month of gains, the National Association of Home Builders/Wells Fargo Housing Market Index fell five points in October to… Read more
Blogged Thu Oct 16, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
A development group today announced the construction of a 180-unit apartment building in Quincy near the MBTA Red Line.Zero Penn Street will consist of studios, one-bedroom and two-bedroom units, according… Read more
Blogged Wed Oct 15, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Several big banks have negotiated large settlements with the Department of Justice for their role in the housing bubble and subsequent economic collapse.While the historic settlements sound promising… Read more
Blogged Tue Oct 14, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Cabot Corp. is extending its lease at Pembroke Real Estate's Seaport East on the South Boston waterfront, the company said today.Cabot, according to a news release from its broker, Cassidy Turley, occupies… Read more
Blogged Sat Oct 11, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Nationally, asking prices for condos rose 7.3% year-over-year in September, according to Trulia’s (TRLA) latest rent and price monitor.That’s more than the 6% increase for single-family homes.Asking… Read more
Blogged Fri Oct 10, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
HousingWire has released the HW Fast50 — a list of the 50-fastest growing companies in the housing economy — and the growth some companies have orchestrated in the midst of the stagnant housing recovery… Read more
Blogged Wed Oct 8, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Affordability is no longer a compelling motivator for first-time homebuyers, according to a new report from Credit Suisse.Due to the combination of higher mortgage insurance costs, higher interest rates… Read more
Blogged Tue Oct 7, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
HousingWire has released the HW Fast50 — a list of the 50-fastest growing companies in the housing economy — and the growth some companies have orchestrated in the midst of the stagnant housing recovery… Read more
Blogged Mon Oct 6, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
BELCHERTOWN – BelArts Solar Artisan Village's $58,759,750 proposal to develop the former state school property is dead.The Belchertown Economic Development Industrial Corporation, the selectmen-appointed… Read more
Blogged Fri Oct 3, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
For the first time in at least the last seven quarters if not ever, average asking rents in Boston’s burgeoning Seaport District have surpassed asking rents in the city’s Financial District, according… Read more
Blogged Thu Oct 2, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Trulia Chief Economist Jed Kolko says that despite the current deceleration in home prices worrying some, and claims from others that home prices are too high, home prices nationally are actually 3% undervalued… Read more
Blogged Wed Oct 1, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Members of the National Association of Realtors expect home prices to increase modestly in the next 12 months, with the median expected price increase at 3.5%, according to data gathered from the August… Read more
Blogged Tue Sep 30, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
Epoch Senior Living and Newton-based developer National Development have commenced construction on three new memory-care facilities in Mashpee, Westwood and Trumbull, Conn.The two companies have partnered… Read more
Blogged Mon Sep 29, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The Patrick administration has awarded $7 million in grants for six projects under the state’s new “clean energy resiliency initiative.”This is the first round of project grants from the state Department… Read more
Blogged Sat Sep 27, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Mario Pavli, Real Estate Pro in Somerville, MA
The Federal Home Loan Bank of Des Moines and theFederal Home Loan Bank of Seattle announced they have entered into a definitive agreement to merge the two banks.The combined entities would provide… Read more
Blogged Fri Sep 26, 2014 by Mario Pavli Home Buying Home Selling Rent vs Buy
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Adam Shamus, Real Estate Pro in Newton, MA
Hey, Everyone!Owning vs. Renting - which option is best for you? Take a look: http://ow.ly/BWDsC Let me know if you have any questions!Thank you!Kind Regards,Adam Shamus REALTOR©, Seniors Real Estate… Read more
Blogged Thu Sep 25, 2014 by Adam Shamus Market Conditions Home Buying Rent vs Buy
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