Daily Real Estate News  | April 7, 2011  | 4 Mistakes to Avoid When Buying a Foreclosure Foreclosures continue to flood real estate markets across the country, and buyers are looking to cash in on what they view as some of the best real estate deals. But experts say that while some foreclosures are a great purchase, buyers need to be cautious before jumping in to make sure they really are … [Read more...]

Daily Real Estate News  |  April 6, 2011  | Borrowers Rush to Secure Gov't-Backed Loans Purchase applications for mortgages increased 6.7 percent last week, reaching its highest level of the year, according to the Mortgage Bankers Association. The MBA reports that government loan applications reached their highest level since May 2010, increasing 10.3 percent last week compared to the week … [Read more...]

Daily Real Estate News  |  April 6, 2011  | 1 in 4 Mortgage Applications Rejected The tightening of credit by lenders across the country continues to keep more buyers out of securing a mortgage. Nearly a quarter of people who apply for a mortgage are rejected, according to the latest data from the Federal Reserve. “Good borrowers with one or two blemishes on their credit are being denied … [Read more...]

Massachusetts Home Buyers and Sellers by the Numbers by NEAR President Tom Courtney In collaboration with the National Association of REALTORS®, our Massachusetts Association of REALTORS® also conducts an annual survey of home buyers and sellers, which details the preferences of local consumers in the home search and sale processes. As part of this study, the Massachusetts report offers a … [Read more...]

Why Use a REALTOR® Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process. Only about half of all real estate agents are … [Read more...]