Despite a decade of strong growth from 2011 to 2021, the Boston real estate market is showing signs of a significant slowdown. While the national market boomed due to low interest rates, Boston’s price growth has lagged far behind. The primary cause is a major shift in migration patterns driven by the work-from-home movement: more […]
Written in mid-2020, this article explains that the COVID-19 pandemic prompted the Federal Reserve to cut interest rates, leading to historically low mortgage rates. This is expected to fuel a strong rebound in the housing market after a brief spring slump in sales volume. Despite the lockdown, home prices remained stable or even increased. The
Market Value is the most common goal of an appraisal, but it’s an opinion of value, not a fixed price or fact. It’s based on a specific set of theoretical conditions, including a well-informed buyer and seller acting without duress and the property having reasonable market exposure. Because real-life sales don’t always meet these conditions
Estate Probate Appraisals Estate/Probate Appraisals are used to determine the fair market value of a deceased person’s property for legal and tax purposes. This type of appraisal is essential in an estate settlement, as it helps establish the property’s value, ensuring that the estate is properly distributed to heirs or beneficiaries. These appraisals are also utilized to
Market Rent Studies Appraisals Market Rent Studies are used to determine the rental income a property can generate in the current market. These studies compare similar properties in the area, taking into account factors such as location, condition, size, and amenities. They also incorporate supply, demand, and absorption analysis, which help assess market trends. High
Boston Appraisal Services and our Certified Appraisers have worked in the valuation industry for years, and we have watched the real estate market evolve rapidly. These days, nearly anyone with a smartphone can pull up a home’s estimated value in seconds. Just hop on a big listing site, and a figure tells you what the
Dive into the latest **Winter Real Estate Trends in Massachusetts**! In this insightful video, we explore how the colder months can actually benefit both buyers and sellers in the real estate market. With fewer properties available, sellers can shine amid reduced competition, while serious buyers often seek quick transactions driven by urgent needs. Discover essential
In today’s tech-focused world, it’s hard to ignore the growing influence of AI-driven real estate valuations. There’s a temptation to rely on rapid-fire Automated Valuation Models (AVMs) that promise quick answers. But whether you’re a homeowner prepping to sell, a buyer hunting for the right price, a real estate agent guiding clients, or an attorney,
Estate Appraisal Services | Probate, Divorce & Tax Appraisals At Boston Appraisal Services, we specialize in accurate and reliable Estate Appraisal Services for estate settlements, probate, divorce, and tax needs. Our professional appraisers provide thorough, unbiased reports to help clients comply with legal and financial requirements. Estate/Probate Appraisals Date-of-Death Appraisals Retrospective Appraisals Divorce Appraisals Tax/CPA
Our Blogs Informative and timely articles on a range of real estate and appraisal topics influencing the New England market. Appraisal Insights for Private Lenders: Top 5 Tips to Secure Your Loan In private lending, appraisal insights for private… The Role of Homeowners Associations (HOAs) in Property Valuation/Appraisal What Are HOAs? Homeowners Associations (HOAs) go…
