The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the median net [...]
1. Prices Will Continue to Rise.
CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next [...]
According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter comes in second at [...]
By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days before the scheduled closing on their home. The closing disclosure includes final details about the loan and the closing [...]
Among millennials with incomes over $100,000 a year, the top ways to come up with the necessary funds were to sell stocks (20%) or to sell cryptocurrency [...]
This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices.
After the Great [...]
- Home renovations have shot up
- Inventory of homes available for sale on the market has dropped
A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of [...]
Now that the largest generation since baby boomers has aged into prime homebuying age, there will no doubt be an uptick in the national homeownership rate. The [...]
If you are considering selling your current house and moving up to the home of your dreams, but are unsure whether or not to believe what you’re seeing in the news, let’s look at the results of the [...]
- New listings jumped 8% year-over-year nationally, the largest increase since 2013
- Total listings in the 45 largest markets are now up 6% on average over last year
This increase in housing inventory has sparked two different [...]
Melvin A. Vieira Jr.
Realtor | Real Estate Agent
RE/MAX Destiny | The Vieira Group
Melvin A. Vieira Jr. has three decades of real estate experience and as head of The Vieira Group of RE/MAX Destiny, he helps sellers, luxury and first-time buyers, investors, and builders navigate the market in and around the Boston area. Since joining the [...]
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