Buyer Info

Median Price for Massachusetts Single Family Homes Drops!

Not here in Ipswich! The Warren Group announces the median price for Massachusetts Single-family homes hovers around the $300,000 mark. Boston.com gives us the article(click here) but readers need to know the state-wide numbers simply don't jive with all towns. Just to give you one example of what's happening here on the North Shore, Ipswich rings in at a median sale price of $449,900 across the board for all 2012 single family home sales. We are still seeing multiple offer situations combined with a lack of inventory. Today's rates make it a GREAT time to buy and inventory levels make it a GREAT time to sell!

Title Insurance? What is it and Why do I need it?

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First, there are two types, lender's and owners. Unless you are paying cash, the lender's coverage is required but that doesn't protect the homeowner, it only protects the lender. The owner's policy is purchased separately by the homeowner. What does an owner's policy cover? How much does it cost? Where does that money go? Should you [...]

How Do Your Schools Rank?

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Boston Magazine recently set out on a mission to find out.  Here's how they did it..."We compared test scores from elementary, middle, and high schools in 135 districts, then looked within those districts to determine how schools were improving (or not) over time. Next, we called superintendents, principals, teachers, coaches, administrative [...]

The New Credit Score Rules...

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"If you only read 1 article this year about credit scores, read this one", says Forbes. There are new rules of the game. Find out where the threshold is between getting a car loan or mortgage and simply NOT qualifying. "Once upon a time, the general "good" credit score standard was 660." Find out what that standard is today. Did you know [...]

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