Fannie Mae, one of the nations largest players in the secondary market (where mortgages are bought and sold) has just changed its mind about requiring an additional 5% down payment in areas that it considers to have “declining market values”. Of course, a declining market encompasses most of the United States. So, the […]

Have you outgrown your present home? Then take a look at this 9 room 4 bedroom home with a new kitchen. Oversized LR has plenty of room for entertaining. How will you use the 2nd parlor? MBR has walk in closet and the architectural interest of a Mansard roof line. All BRs are good […]

At last night’s Sellers’ Seminar, one of the many points we talked about is the fact that the real estate market in Medford, Somerville, and Malden is not all “doom and gloom” as the media would have us think. Properly priced properties (say that 3 times fast!) are selling and selling quickly. Buyers […]

This past Sunday the Boston Globe did a spotlight on the city of Medford. I want to state for the record the NO ONE in Medford calls the city “Meffa”. In fact, that is a derogatory name. Our diction may not be perfect, so I will agree that most people who live […]

Stay tuned because soon there will be new financing rules whether you’re looking to buy, refinance or sell. Yes, if you’re looking to sell and not buy again, these changes will effect you as well, since your buyer will need to qualify with the new rules. Who’s making these new rules you ask? […]