Weekly Update | June 12, 2023

smorrison@berkshirebank.com

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the [...]

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, [...]

We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason to stick with your search. Here are a few of [...]

I'm delighted, and so are my clients, that we were able to secure this elegantly appointed Back Bay 2 bed 2.5 bath condo with soaring ceilings on the river side of Beacon Street! The front parlor living room overlooking Beacon Street has a gas fireplace and custom built in cabinetry. The rear parlor dining/family room has a gas fireplace [...]

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your [...]

Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these [...]

If you're a medical resident and have been matched (or are hopefully about to be matched!) to a Boston hospital for 2023, first things first...Congratulations!

Boston is a wonderful city and you will love living here (when you actually have some free time!). But first coming into town and navigating the trials and tribulations of learning [...]

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

However, it’s unlikely all 28 million Americans will accomplish that goal in the coming year. [...]