Posts from: Market Insight
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The housing market in the Tyngboro area is hot right now, with prices rising and inventory low. So, if you're thinking about buying or renting a house this summer, it's important to do your research and make a decision that's right for you.
Buying a house for the first time can be a surprisingly complicated process. As such, people who get into it without preparing themselves can easily get overwhelmed and make mistakes. This can lead to problems and frustration. Doing some research beforehand is vital to your…
The house-flipping process can be fun and challenging. However, some people don’t know the best way to profit from the home they’ve renovated once they’ve completed the process. Selling and renting the property each has unique benefits and drawbacks, so thoroughly…
Security systems have become more accessible and more reasonably priced over the years so more people have installed them. Knowing that the home has been protected and a plan established if the system is breached gives homeowners comfort and reassurance, but will these home…
When buyers go through your home for the first time, they often do so with rose-colored glasses. They’re looking at the furnishings, the open space, the way the sun bathes the kitchen. The home inspection process forces them into the darkest, dingiest parts of the home…
You’ve had your open house and…crickets. What went wrong?The easy answer is – it’s always the price. Folks who have been looking for a home for a while are very educated consumers – maybe even more educated than your real estate agent when it comes to…
To find out why Boston real estate is so expensive, we just have to look at Economics 101: Supply and Demand.
When dozens of people want to buy one house, what’s the seller to do? She can either keep raising the price until only one buyer is left or let the buyers fight…
Calculating the cap rate on investment properties is easy once you know how and it's a great tool for comparing seemingly similar investments.
Cap Rate
The capitalization or cap rate is the net amount of income that the property generates divided by the cost. If a property is selling for a million dollars and it generates $100,000 after expenses, 100,000/1,000,000 = .10 or 10%. The higher the cap rate, the more…
In general, there are three categories of real property, Residential, Commercial and let’s call it ‘Other’. With all three options, you can use a portion of the asset yourself. For example, you can live in one of the units or have your office there. In the case of a…
Steps in the Home-Buying Process
So you've decided to buy a house, congratulations! Now what? There are a lot of moving parts in the home-buying process and it can be intimidating. Keep this document handy so you can come back to it as you advance through the steps.
2-Minute Reference Guide to §1031 Exchanges
Basic §1031 Rules. Internal Revenue Code Section 1031 permits the deferral of capital gains taxes on the sale of property held for investment or productive use in a trade or a business.
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