Whether you’re buying your first home or building a real estate investment portfolio, success comes from understanding the fundamentals. This guide covers everything from mortgage pre-approval to calculating investment returns. Part 1: The Home Buying Journey Buying a home is likely the largest financial decision you’ll ever make. It’s also one of the most rewarding. … Read more
Comprehensive analysis of Massachusetts single-family home prices from 2021-2025. Discover which Boston North towns saw 50%+ growth, luxury market trends, and expert investment insights for Andover, Lexington, Winchester, Burlington, and more.
Deciding whether to rent or buy a home is a major financial and lifestyle choice – especially in a high-cost area like Boston and its suburbs. Both options have pros and cons, and the best decision depends on market conditions and your personal situation. Below we’ll explore market trends, financial trade-offs, demographic scenarios, and creative ownership strategies to help you make an informed choice. (Remember, having a trusted real estate advisor like Steve Novak can provide personalized guidance at every step.)
When you’re ready to buy a home, one of the most important questions you’ll ask yourself is: “How much home can I afford?” Whether you’re a first-time buyer or you’ve been through the process before, understanding your budget and the associated costs will help you make confident decisions. In this blog post, we’ll walk you through the key factors affecting affordability—particularly for those with different financial and citizenship statuses—and provide practical tips on calculating your budget. We’ll also highlight valuable tools, including a Closing Cost and Mortgage Calculator from Steve Novak, a highly trusted real estate agent with Douglas Elliman in the Greater Boston area.
Discover 10 charming Massachusetts communities known for vibrant culture, historic sites, thriving dining scenes, and plenty of local attractions. Impress your friends and family on any visit!
Over the past two decades, Greater Boston’s real estate market has experienced significant fluctuations across single-family homes, condominiums, and multifamily properties. The mid-2000s housing bubble culminated in a peak around 2005-2006, followed by a downturn due to the 2008 financial crisis, which led to declining property values and sales across all categories. Recovery began around … Read more
