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Mortgage Rates Are Dropping. What Does That Mean for You?

Mortgage Rates Are Dropping. What Does That Mean for You? | MyKCM

 


 

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.

Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well [...]

Increased Sales & Inventory in Downtown Boston Real Estate Market

Downtown Boston real estate market

We're seeing an increase in residential sales activity in the core downtown Boston market right now. Year to date as of February 21, the number of properties going under agreement is nearly 16% higher than in 2020.Reasons for the increase in sales could include pent-up demand, low interest rates, and the increase in inventory (leading to [...]

Yes, It's Still a Good Time to Sell Your Boston Condo or Home

Boston condo supply demand

 #BostonCondos #BostonRealEstateYou might be tired of hearing me say it, but it's still true. If you've been thinking of selling your Boston home or condo, this isa good time!Thegraph above showsthe number of Boston residential units that wentunder agreement for purchase (in grey) in the 30-day period ending September 15, 2016. It also shows [...]