Check out this blog #AdjustableRateMortgages #HomeAffordability #KeepingCurrentMatters Always see more @ http://www.RealtorMikeMahoney.com

Check out this blog #HousingMarket #HomePrices #KeepingCurrentMatters Always see more @ http://www.RealtorMikeMahoney.com

If you want to keep an eye on what's happening with real estate, check out my blog posts. Why More Buyers Are Turning To Adjustable-Rate Mortgages Today Today's market has more options than many people realize. Finding the right one could be as simple as getting more information about tools like ARMs. A trusted lender can run the numbers with you, walk you through the what-ifs, and help you explore the possibilities. Is an ARM a good option for you? Talk to a loan officer to find out. #AdjustableRateMortgages Michael Mahoney Realtor 617-615-9435 mike@mmahoney.com www.HomesinBostonMass.com

If you want to keep an eye on what's happening with real estate, check out my blog posts. Confused by Home Price Headlines? Here’s Why. National headlines can’t tell you what your home is worth or how much room you have to negotiate. Local data can. If you’re thinking about buying or selling, let’s look at how prices are moving in your area, so you can set your price or make your offer with confidence. #HousingMarket #HomePrices Michael Mahoney Realtor 617-615-9435 mike@mmahoney.com www.HomesinBostonMass.com

Check out this blog #RentOrSell #SellMyHouse #KeepingCurrentMatters Always see more @ http://www.RealtorMikeMahoney.com

Planning to buy, sell, or manage a Boston condo? Stop scrolling. 🛑🏢 Fannie Mae and Freddie Mac are raising the minimum reserve budget requirement from 10% to 15%. Swipe for the breakdown, or read below 👇 The Risk: If a condo association does not hit that 15% mark: The building becomes non-warrantable. Conventional financing closes its doors. Up to 50% of potential buyers get knocked out of the market. Deals stall and home values take a hit. Your Next Move: Buyers: Check the HOA budget before you fall in love with a property and write an offer. Owners & Trustees: Review association reserves right now. Passing budget changes and reserve adjustments takes formal votes, so don’t wait until the spring market! 🔗 Tap the link in bio for the complete blog breakdown and details on the upcoming Limited vs. Full Review changes. 📌 Save this post so you have it ready before your next condo tour or HOA meeting! #BostonRealEstate #BostonCondos #RealEstateMarket #BostonRealtor #CondoLiving HomeBuyingTips HOA MortgageUpdate

If you want to keep an eye on what's happening with real estate, check out my blog posts. To Sell or Rent? How To Choose the Best Path for Your House. Renting can be a good fit for the right person with the right house, but it isn’t the only option. A smart sales strategy can help your house stand out to buyers from day one. So, if you’re on the fence, let’s sit down and compare what selling and renting would each look like for you. #RentOrSell #SellMyHouse Michael Mahoney Realtor 617-615-9435 mike@mmahoney.com www.HomesinBostonMass.com

🚨 Boston Condo Owners, Buyers, and HOA Boards: Major Mortgage Financing Changes Are Coming. If you own, manage, or plan to buy a condominium in Greater Boston, pay close attention. Fannie Mae and Freddie Mac have updated condo financing guidelines, increasing the required minimum reserve allocation from 10% to 15% of annual budgeted assessment income. Why this is critical for Boston: In a market dominated by historic brownstones, triple-deckers, and smaller homeowner associations, many buildings already face challenges meeting the 10% reserve threshold. If an association drops below the new 15% requirement, the building is classified as non-warrantable. Here is what that means in practice: Shuts the door on conventional #financing : Most standard conventional mortgage options become instantly unavailable for units in the building. Shrinks buyer demand: Falling into non-warrantable status can eliminate approximately 50% of the potential buyer pool. Impacts sales: Listing activity stalls, and offer prices often drop. What you need to do now: Buyers: Before putting in an offer, verify the building’s reserve budget meets the 15% threshold to ensure your financing won't derail. Trustees & Owners: Review financials immediately. Adjusting budgets, scheduling formal votes, or issuing special assessments takes time—do not wait until the spring market rush. Read the full breakdown on the blog http://www.HomesinBostonMass.com or send a direct message if you have questions about your building's warrantability status!