Boston is known for its rich history and cultural heritage, and one of its most iconic neighborhoods is Beacon Hill. Located right in the middle of the city, this neighborhood offers visitors the chance to step back in time and experience the charm of old-world Boston. Beacon Hill is where Boston’s first European settler built […]
Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Boston Massachusetts residential properties here’s what happened in January 2023 Vs December 2022 Massachusetts Median Sales PriceNovember 2022: $560500December 2022: $534400decreased by […]
Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to Stellar MLS, the marketplace for Sarasota residential properties here’s what happened in January 2023 Vs December 2022. Sarasota Average Sales PriceDecember 2022 – $651879January 2023 […]
Welcome to The Griffin Real Estate Market Update. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to MLSPIN, the marketplace for Boston residential properties here’s what happened in January 2023 versus December 2022: The Number of SOLD listings decreased by 36% to 61 properties […]
Welcome to The Griffin Real Estate Market Update, I’m Danny Griffin. If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends. According to Cape Cod & Islands Association of Realtors, the marketplace for Cape Cod residential properties, here’s what happened in January 2023 versus December 2022: The […]
Too many real estate agents think that marketing starts with internet lead generation software or advice to target a certain type of lead when a most important first step is to stay focused on choosing the geographic area within which you want to do business. This is easily determined by looking in the Multiple Listing […]
The sentiment in the single-family housing market posted an unexpected gain in January, rising for the first time in 12 straight months. This is a significant change, as economists had predicted a slight decline. According to the National Association of Home Builders/Wells Fargo Housing Market Index, sentiment rose 4 points to 35, a welcome change […]
According to Sam Khater, Freddie Mac’s Chief Economist, mortgage application activity has reached a 25-year low due to high mortgage rates impacting the housing market. Despite this decline in activity over the past year, Khater believes that easing inflationary pressures will lead to lower mortgage rates in 2023. He also stated that homebuyers are waiting […]
You’ll often hear real estate agents ask if the buyer has been pre-approved. We should clarify that pre-approval is at the beginning of a full process of underwriting not only the buyer’s capability to borrow money and pay it back over time, but also a question of whether or not the property itself has enough […]
Many people spend years living in a property and give little consideration to selling someday. As a result, they tend to neglect maintenance projects that protect the market value. Therefore, if you’re thinking about selling you must realize that buyers will perceive your property to be worth less if they have to assume responsibility for […]
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