Resources ... Let Us Know How Can Help
If you plan to purchase your first or tenth home, start here. Buying property in Massachusetts is not difficult, but it's helpful to understand and be aware of the local customs before you start your search. Our goal is to help guide you toward the best decision for your unique situation. To do this, we believe that a well-informed client will ultimately be the most satisfied, too. We look forward to discussing the current market conditions and trends with you - most important, we can't wait to help you discover your dream home!
Check out our on demand home buyer video seminar here! After registering, you'll have instant access to our on demand buyer consultation and we'll immediately mail (USPS) your home Massachusetts Home Buyer Booklet. It include everything you need to buy a home in Massachusetts - even sample forms. Click here to get access now!
Selling your home is a big decision. It's not just about moving, it's about identifying a proven seamless process that will help maximize the value of current property within a timeline that meets your specific needs.
There's no doubt that this can be a stressful process, but after successfully selling 100s of homes, we've identified the smoothest processes, most effective marketing strategies and negotiation techniques to ensure the highest sale price with the least amount of hassle. Contact us today for a no obligation consultation.
Senior Options
Connect with experts to discuss senior living options. Knowing where to begin is the hardest part, so we've included a few helpful resources below:
Home Hazards
Asbestos - Asbestos.com provides a Guide to Asbestos in The Home ... it outlines common asbestos locations, related heath concerns and how to deal with asbestos when it's found. Tips on how to hire an asbestos remover can also be found at asbestos.com.
Lead Paint - Slowly phased out in the 1960s and 1970s, lead paint was ultimately outlawed in residential use in 1978. Consequently, all homes older than 1978 are suspect; however, there are many ways to mitigate lead paint and costs can vary. In recent years, the government has eased mitigation requirements to encourage lead compliance. The below sites provide additional information about lead paint safety ... you can even search property to see if it's been tested for lead paint.
Mass.gov - Search property testing history
Massachusetts Childhood Lead Poisoning Prevention Program’s Lead Safe Homes 1.0 database
New England Lead Prevention - Information for home buyers, tenants, landlords, etc.
What "Months of Supply" Tells You About the Greater Boston Market
What "Months of Supply" Actually Means
Months of supply is one of the clearest measures of market balance in real estate. The calculation is straightforward: take the number of homes currently listed for sale, and divide by the number of homes that sold in an average month. The result tells you how long it would take to sell through all existing inventory if no new homes came to market.
Think of it like a store shelf. If a grocery store has 100 units of a product and typically sells 50 per month, they have two months of supply. Real estate works the same way.
What the Numbers Mean for Buyers and Sellers
A market with six or more months of supply is generally considered a buyer's market. There is more product than demand, prices tend to soften, and buyers have room to negotiate. A market with less than three months of supply is a seller's market: inventory is tight, homes move quickly, and sellers often have the upper hand in negotiations. A balanced market, where neither side has a clear advantage, typically falls somewhere between three and six months.
Greater Boston has remained consistently below that three-month threshold, which means the market continues to favor sellers in most towns and price ranges. If you are a buyer, that context matters: moving with urgency and preparation is not optional, it is strategic.
Why This Number Matters More Than Headlines
You will see news stories about the housing market that paint broad national pictures. Months of supply at the local level tells a more useful story. A neighborhood in Middlesex County can have very different supply dynamics than the national average, or even a neighboring town.
When you work with a local agent who monitors these numbers regularly, you get advice that is grounded in what is actually happening in your specific market, not a national generalization. That is the difference between guessing and making an informed move.
Ready to make a move this summer? Let's connect — call 617-433-9225 or visit mikehughesteam.com.
Other Useful Tools
Financing ... everyone's budget and cash flow is different. Whether you you get paid on a salary, hourly, bonus or commission basis, understanding your monthly obligation is critical when buying a home.
Here is a link to a mortgage calculator to help you start your planning.
Explore A Career in Real Estate!
Real estate can be a very rewarding career ... each day we have the opportunity to meet and help new people! Being able to help someone start a new stage of life is an extremely gratifying experience.
It's relatively easy to get started, but knowing where and how to start is the biggest challenge. Unfortunately, the state licensing exam doesn't cover any marketing or business planning ... so new agents are often left to sink or swim! In 2023, the National Association of Realtors estimates 10,000 agents are being forced to leave the business each month!
After being in business for 20+ years, I've been able to help many buyers, sellers AND agents succeed. Getting started the right way with the right company can make or break an new agent. eXp Realty is now selling more homes than any other brokerage, so we have tools and training to help you succeed. Moreover, it would be my pleasure to introduce you to the company's tools, answer any questions that you have about the business and share my systems and training so that you are able to quickly launch your new business. Let's connect!