Boston Real Estate Blog

Milton, MA Single Family Market Update 12/03/2019

It’s December 3, 2019 and we’re looking at the current Single Family Home market in Milton. The number of active listings right now in Milton is down 13 from this same time last year and sits at 41 total Single Family Home listings currently for sale.  Among active listings in Milton, the average current days on market is 99. Last year the average time on market for actively listed Single Family Homes was 75, down 24 days from where it currently sits. Among active listings, the average list price is $1,627,502. This is an increase of $271,514 from last year at this time, a 20.02% change.

Over the past 90 days, there have been 65 total recorded Single Family Home sales in Milton. During the same period last year, there were 58 similar sales. That's an increase of 7 from this time a year ago. The average sale price for these transactions was $910,749 that is an increase of $126,271...

South Boston Condo Market Update 11/21/2019

Welcome to today's market update! Today we are looking at the Condo market in South Boston as of November 21, 2019. Currently, there are 131 listings active in South Boston. This is down 8 from this time last year. Among active listings in South Boston the average current days on market is 95. Last year the average time on market for actively listed Condos was 60, down 35 days from where it currently sits. The average list price currently sits at $1,017,607, which represents an increase of $45,983 from this time last year. That equates to a 4.73% change.

Looking at closed transactions there were 129 total Condo sales in the past 90 Days in South Boston. The average sale price for these transactions was $798,550 that is a decrease of $9,177 from last year and was, on average, 98.3% of list price. The average days on market was 54, an increase of 12 days from last year.

The Signal Index...

Braintree, MA Real Estate Market Update 11/20/2019

Welcome to today's market update! Today we are looking at the Real Estate market in Braintree as of November 20, 2019. The number of active listings right now in Braintree are up 11 from from this same time last year and sit at 61 total Real Estate listings.The average days on market for the current inventory in Braintree is 62, down 5 days from this time last year. The average list price currently sits at $521,035, which represents a decrease of $30,005 from this time last year.

Over the past 30 Days there have been 34 total recorded Real Estate sales in Braintree. During the same period last year there were 41 similar sales. That's a a decrease of 7 from in a year. The average sale price for these transactions was $473,449 that is a decrease of $14,290 from last year and was, on average, 99.8% of list price. The average days on market was 45, a decrease of 6 days from last year.

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New Listing! 33 Eliot St in Watertown

Hi all!  We have a new listing coming on this week in Watertown at 33 Eliot St.  Check out the listing's dedicated website for more information!

A 3 Bedroom / 2.5 Bath townhouse, this listing is one that you're definitely going to love!  Easy access to the city and a great location in red-hot Watertown you won't want to miss this one.  Reach out to us today for more information on open house times and showing requests!

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The End of the Beginning

Friends, Clients, Family,

This week Signal Real Estate embarked on an exciting adventure, joining Compass as the Signal Group.  It has been with very careful consideration that we have made this move and believe wholeheartedly it will not only assist us in better servicing our clients but empower us with the tools to continue to press onward as the industry and market continues to shift and evolve.  There are four main reasons why we have decided to leave the world of boutique brokerages and join a national company like Compass.

Increased Leverage

We have loved the process of owning and operating a boutique brokerage.  We have loved building the Signal Real Estate brand and the systems our agents currently enjoy.  That being said, there has been a significant and ongoing investment made in...

Another Happy Client in Medfield

Another Great Review

Another great review of Signal Real Estate's Dana Ravech on her transaction in Medfield, MA!  To read more great reviews of Dana click here to view her testimonials.

"When we first started the house hunting journey, we had very little idea of what we wanted and where to settle, two very large priorities when it comes to home buying. Dana was so patient with us as we narrowed down exactly what we wanted, talked us through ideas and supported us when we went back and forth on different houses. We ultimately ended up finding the perfect house for us and I know that having Dana working with us is the biggest reason why. She treated us like friends and was always there one step ahead of what we needed. Even after the closing, she was there offering...

Have You Saved Enough for Closing Costs?

Have You Saved Enough for Closing Costs?There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% (or 0% with a VA loan).

If you have saved up your down payment and are ready to start your home search, one other piece of the puzzle is to make sure that you have saved enough for your closing costs.

Freddie Mac defines closing costs as:

“Closing costs, also called settlement fees, will need to be paid when you obtain a mortgage. These are fees...

Selling in the Winter Attracts Serious Buyers

Selling in the Winter Attracts Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.

It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!

“Among spring listings, 18.7 percent of homes fetched above asking, with winter...

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a recent survey by Braun showed that over 75% of parents say ...

Is Getting a Home Mortgage Still Too Difficult?

Getting a Home Mortgage

There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 - 2006.

The Housing Financing Policy Center at the Urban Institute just released data revealing two reasons for the current exceptionally high credit standards:

  1. Additional restrictions lenders put on borrowing because of concerns that they will be forced to repurchase failed loans from the government-sponsored enterprises or Federal Housing Administration (FHA).
  2. The concern about potential litigation for imperfect...