Throughout the past few years, the real estate market has been largely affected by cash buyers and in quite the triumphant way. The industry and the greater economy as a whole would not be in the recovering state that it finds itself in today if it were not for cash deals. CoreLogic reports that corporate …
Continue reading "Real Estate News: Cash Buyers helped pave the way for the Real Estate Recovery"
After roughly a year where mortgage rates were dipping to record low levels that seemingly would never end, they have slowly begun to rise back to more expected numbers. Even with that taken into account, it is absolutely no time to panic for prospective buyers. The rates, which are not expected to skyrocket much further, …
Continue reading "Real Estate News: Rising Mortgage Rates to not harm Housing Recovery"
A much needed increase, housing inventories across the country are starting to regain their footing after months of there being a terrible shortage of options available for sale. The most recent completed month of June saw the inventory levels across the country rise by 4.3% to 1.9 million properties. Realtor.com released this welcomed news, while …
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Is being repetitive each month really such a horrible thing given the positive results being discussed? I thought not. With Junes final numbers still waiting to be gathered across the country, it was just reported in one of our past blogs that it had not been since 2006 when home sales throughout Massachusetts were at …
Continue reading "Real Estate News: Boston Home Prices Continue to Rise"
Lets head outside. This is the overwhelming notion that the majority of todays homeowners are having with the need to create outdoor sanctuaries equipped with all of the luxuries of the indoors. With the warmer weather comes the desire to be outside, although today it is no longer simply about adding a table, chairs, and …
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Gibson Sothebys International Realty showcased in a custom-designed luxury residencein Swampscott, MA; tours begin in September 2013. Boston, MA (July 9th, 2013) Gibson Sothebys International Realty is proud to announce its sponsorship of Boston magazines Design Home 2013, which will open its doors to the public for four weeks of house tours, with all proceeds …
Fannie Mae and Freddie Mac today back roughly half of all home loans throughout the United States, however that may all soon change. A bipartisan group of Senators just introduced a bill which would completely transform the role of the federal government in mortgage finance. What is would essentially call for, is that both Fannie …
Continue reading "Mortgage Market: Replacing Fannie Mae and Freddie Mac"
Fannie Mae and Freddie Mac today back roughly half of all home loans throughout the United States, however that may all soon change. A bipartisan group of Senators just introduced a bill which would completely transform the role of the federal government in mortgage finance. What is would essentially call for, is that both Fannie …
Continue reading "Mortgage Market: Replacing Fannie Mae and Freddie Mac"
Todays real estate market still has the same primary demographic buying the majority of homes available - married couples. However, the segment of the population that is buying the second most amount of homes is none other than single women. The National Association of Realtors just reported that ever since the 1990s, single women have …
Continue reading "Real Estate Trends: Single women purchasing twice as many homes as single men"
Gibson Sotheby's International Realty in Charlestown held it's Third Annual Garden Tour Photo Contest for the best photo taken during the 2013 Tour, which took place on June 15th. Jill Newman of Mt Vernon Street will be awarded the Grand Prize, a $100 Gift Certificate from Mahoney's Garden Center, for the lovely photo that she …
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