September saw a 1% decrease in existing home sales.
National Association of Realtors Reports Decrease in Existing Home Sales The National Association of Realtors latest report reveals a 1% decrease in existing home sales in September, with a seasonally-adjusted annual rate of 3.84 million – marking a 3.5% decline year over year. Total housing inventory at the end of September was 1.39 million units, […]
Living in Boston: the Back Bay Massachusetts | What You NEED To Know
In this episode we discuss the Back Bay. We dig in and do a deep dive into one of Boston’s most premier neighborhoods and look at all the other amenities that Back Bay has to offer its residents. About this video: This video does a deep dive on the Back Bay Neighborhood. This is just […]
Home sales in September saw a 4.1% increase compared to the previous month.
New Home Sales Increase by 4.1% in September The U.S. Government has reported that sales of new single-family houses in September 2024 reached a seasonally adjusted annual rate of 738k. This figure represents a 4.1% increase from August’s revised rate and a 6.3% surge compared to the same period last year. The median sales price […]
Dropped Insurance = Lower Property Values
Insurance is becoming a big problem for homeowners around the country. People are getting Dropped by Insurance companies … And when that happens there is an instant effect to their property value… It drops… A lot! But the insurance issue isn’t just for Single Family Properties in select states… It’s also an issue for condo […]
Massachusetts Homestead Exemption Bumped Up to $1 Million
In an exciting update for homeowners, the recently passed Affordable Homes Act has quietly introduced a big change: the Massachusetts Homestead Exemption has jumped from $500,000 to a whopping $1 million! This is fantastic news, especially for those looking to protect their homes. Here’s the best part – this change applies retroactively. So, if you’ve […]
Massachusetts Passes New Law to Help Tenants Seal Eviction Records
A new law was recently signed by Governor Healey in Massachusetts that aims to protect tenants from the negative impact of eviction records. This law, part of the Affordable Homes Act, allows tenants to seal certain eviction records from public view and prevents these records from appearing on credit reports. It will come into effect […]
FinCEN Information Real Estate Investors Need to Know
Just When You Thought FinCEN Couldn’t Get Any Better FinCEN is at it again. Just when you thought government overreach couldn’t get any better, it did. FinCEN has now published its final rules for registration of residential real estate transactions. The rules will take effect December 1, 2025. The stated goal is to eliminate money […]
The ADP National Employment Report for September 2024 reveals the latest trends in job growth and labor market dynamics across various industries.
ADP National Employment Report for September 2024 According to the ADP National Employment Report for September 2024, private sector employment increased by 143k jobs and annual pay was up 4.7% year-over-year. The ADP National Employment Report is an independent and high-frequency view of the private-sector labor market based on the aggregated and anonymized payroll data […]
Argentina has decided to remove its rent control policies, leading to a flourishing rental market.
The Impact of Argentina’s New President on Rental Laws A recent story in the Wall Street Journal highlights how Argentina’s new President, Javier Milei, an economist, has made significant changes to the country’s rental laws and government price controls in an effort to revive the economy. Argentina had one of the strictest rent-control laws in […]
Americans have a strong passion for driving.
Americans’ Transportation Preferences in 2022 Citing government data, Statista reports that approximately nine out of ten trips in the United States were taken using a car, SUV, pickup truck, or van in 2022. This data highlights the strong preference for personal vehicles among Americans. In contrast, walking accounted for a significantly smaller share of total […]