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Rona

About Rona

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So far Rona has created 388 blog entries.

Watching for a recession. What are the indicators?

What should you look for as an indication that the seller’s market is on the decline? How can you watch for a turn in uneven supply and demand balance in favor of buyers? As exclusive buyer’s agents, we’ve seen this before. But, because we are a small company who work with a small number of

FHA Mortgages Getting Easier to Manage, October 2019

The Federal Housing Authority, or FHA, provides mortgage insurance for people who purchase properties with less than twenty percent down. Some borrowers can only get their low down-payment loans through FHA, because no other institutional lender will qualify them. There is a difference with FHA loans. They weigh the condition of the property more than

By |2019-10-02T08:31:04-04:00October 9th, 2019|Categories: Mortgage matters|Tags: , , , , |

The end of bidding wars?

The Boston Globe published an article about the possibility of a slow-down in local real estate. “... houses are taking longer to sell, and when they do, they’re more likely to sell below listing price than they did a year ago. Also, the number of homes on the market, particularly condominiums, is up. The market

Radon 101, for house hunters

What is Radon and why should you care? According to the EPA: Radon is a naturally-occurring, invisible and odorless radioactive gas. One in 15 American homes contains high levels of radon. Radon gas is not isolated to certain geographical areas or home types. Radon problems have been detected in homes in every county of the U.S.

By |2019-09-26T11:14:02-04:00September 18th, 2019|Categories: Uncategorized|

File this, save thousands on real estate taxes!

Residential exemptions make a big difference to property taxes in Massachusetts. While doing a comparative market analysis for a client, I noticed that half the condos were paying almost twice as much in taxes than other condos that were pretty much the same size and location. The difference wasn’t that some were renovated, thus worth

By |2019-09-11T18:24:45-04:00September 11th, 2019|Categories: Happy Home Ownership, Money and finance|Tags: , , , |

Is there a real estate recession coming or not?

A joke: Economists have forecast ten out of the last three recessions. Real estate recessions happen when something big affects the economy in general. Because it takes longer to buy and sell real estate than to shift assets in a stock or bond portfolio, real estate recessions take hold more slowly than general economic recessions.

By |2019-09-19T14:48:15-04:00September 4th, 2019|Categories: Market data and conditions|Tags: , , , , |

What will the utilities cost?

When house hunters calculate their monthly costs, some overlook the cost of heating and electricity. However, it is difficult to get an accurate estimate of your future costs. Current usage cost: Electric and gas companies in Massachusetts will provide the current cost at a specific residence. Some listing agents will provide it. It is a

By |2019-08-14T13:48:35-04:00August 28th, 2019|Categories: Energy efficiency, House Hunting|

Why Smart Home Buyers Shun Redfin Direct

What’s their pitch? Redfin is selling a new service for buyers in the Boston area. We are exclusive buyer's agents, and it hasn’t affected us a bit. Why? Because their pitch is aimed at people who don’t know what they don’t know. Our clients are smart enough to know that they should NOT be managing

By |2019-08-21T08:08:25-04:00August 21st, 2019|Categories: Uncategorized|