Tag Archives: buy vs rent

How To Buy A House If Your Spouse Has Bad Credit

Can you actually buy a house in Boston (or anywhere) if your spouse has bad credit? The short answer is… Yes, maybe. My fiance and I decided to buy after living in the same place for five years of paying (very cheap) rent. If you’ve been reading this blog it’s no surprise that it’s a great time [...]

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Boston real estate sales up 25% in February, Prices up 4%

With our national economic recovery picking up steam on top of tales from a crazy Boston real estate market like multiple offers, limited inventory for sale, and condo developments selling out in a weekend at over asking price, is the Boston market primed to move consistently upward?  February market stats would seem to indicate that. [...]

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Top 10 Reasons to Buy Real Estate in Boston

As a Real Estate Agent here in Boston, part of my job is being consistently available for clients. Often times my work happens during evening hours or over the phone from home so my (extremely loving and patient) wife often sees first hand how busy I am as I do my job representing clients and [...]

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Another shot fired in the Boston real estate rent vs buy debate

Michael DiMella was interviewed by WCVB Channel 5 News last week for his thoughts on the Boston real estate market, specifically whether it is better to rent vs buy in Boston right now and also thoughts on whether the for sale market has bottomed out or not.  The interview was filmed in our listing at [...]

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First Time Boston Home Buyer Class Scheduled For February 20th

We just scheduled our 2nd Home Buyer Class of 2012!  The first class in January was a huge hit with our attendees, so if you’re in the market to buy a home or condo in Boston in 2012 (or even if you’re just starting to think about it), you won’t want to miss our educational [...]

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To buy or to rent in Boston? That is the question!

I have noticed a new trend with clients that I meet for buying consultations. The majority of these clients are potential first time home buyers trying to determine whether to buy or to rent in Boston.  More and more frequently, they are choosing to move out of the rental market and into the home or condo [...]

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Rent vs Buy equation has flipped in the Boston real estate market

My Facebook Messenger talk from last night… Me: I miss you. Do you still have that room available in your basement? Mom: Um, you are 33 and you co-own a successful real estate company, why do you ask? Me: Well, um, as you know I sold my condo last year and I am renting now. [...]

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First Time Boston Home Buyer Class Scheduled For January 23rd

Our First Time Boston Home Buyer Classes were such a hit last year that we are continuing them in 2012.  If you’re thinking of buying a home or condo in Boston in 2012, this class is a great opportunity to learn how to buy a home the right way, saving you time and money. The [...]

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Mortgage Rates Lowest in 60 Years. Why Aren’t You Buying?

According to Freddie Mac, 30 Year Fixed Mortgage rates are averaging 4.09% as of last week, a level we have not seen in 60 years. 5/1 ARM’s are averaging a ridiculous 3.02%. Here’s a chart of Fixed Rate Mortgages since 1971: Wow.  Let me ask you this…..why aren’t you buying? Possible answers: 1. Because prices [...]

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