Eric Shabshelowitz

What are Mortgage Discount Points?

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Discount points are a one-time fee paid at closing to a lender in exchange for a lower interest rate.  Put more simply, it is a one-time fee that you pay up-front to “buy” a lower interest rate for your mortgage.  During periods of high interest rates, they are a popular way for borrowers to make their monthly payments [...]

Boston Condo Market Update - January 2024

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2023 was an interesting year in Boston real estate. The rapid rise in interest rates seemed to be a leading cause in the lack of available homes for sale (i.e. inventory). We heard some would-be sellers lament that while they would prefer to sell and buy something larger, the interest rate spike meant that their monthly payments would be [...]

Boston's Fall Real Estate Market

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While the Spring market (from February through June) is typically considered prime time to search for a home in Boston, the Fall market is also a great time to buy and sell. As the chart below of new listings by month shows, we typically see a surge of inventory in [...]

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