renting apartments

Jamaica Plain Apartment Vacancies Above The Boston Metro Average

There has been a decline in the number of people interested in renting apartments in Jamaica Plain. Both the real-time availability rate and vacancy rate bear testimony to this fact. Though the demand for apartments in several other neighborhoods in and around Boston like Back Bay and South End has recovered, rental demand has been slower to return in Jamaica Plan.

This trend has been illustrated by two key apartment supply metrics. The real-time vacancy rate (RTVR) is calculated by dividing the number of vacant apartments by the total supply of apartments. The real-time availability rate (RTAR) in Jamaica Plain can be calculated by adding the total number of Jamaica Plain apartments available for rent(not just vacant) and dividing it by the total supply of apartments.

As of now, the Jamaica Plain vacancy rate is at 2.56%. This is quite a high percentage and slightly alarming considering the fact that the vacancy rate in JP is nearly double than the vacancy rate for all Boston apartments (1.33%). In Beacon Hill, the vacancy rate stands at 0.77%. At 0.41%, the vacancy rate in Back Bay is even lower. The vacancy rate in Fenway, which stands at 0.50%, is also quite low compared to Jamaica Plain.

One is further alarmed to see the change in the RTVR % of Jamaica Plain over the past year. The YOY RTVR% has increased by+166.67%. When you compare it to the YOY RTVR % of East Boston, which is at just +5.23%, you realize how high the percentage is. It must also be noted that many areas in Boston like Fort Hill and North End have witnessed a decline in their RTVR % coupled with an increased demand for rentals.

At 3.12%, the real-time availability rate in Jamaica Plan is well above the city average (1.88%). Only Dorchester (3.39%), Mattapan (4.10%), Roxbury (4.69%), and Hyde Park (4.09%) currently have a higher apartment availability rate than Jamaica Plain.

So look for apartment prices to remain low in Jamaica Plain at least for the short term.  Lower rent prices in inner Boston may have attracted some renters away from more affordable rental markets like Jamaica Plain over the past year, as many landlords dealt with soaring vacancies in these core areas.  As prices return to normal over the next year, look for the apartment supply to contract in Jamaica Plain.

Student Loan Debt
Building House,

How Should I Purchase a Home if I have Student Loan Debt?

The student loan debt crisis has spiraled out of control. Millions of recent graduates are struggling to make ends meet with jobs that offer incredibly low starting salaries and costs of living that are rising all across the nation. As a result, many new graduates feel that their dreams of purchasing a home are too far out of reach.

Luckily, those that are navigating a mountain of student debt while looking to buy a home have some options available to them.

The Issue of Debt-to-Income Ratio

Applying for a mortgage is a stressful process. Further complicating the matter for new graduates is the fact that lenders often consider an applicant’s debt-to-income ratio more heavily than almost any other factor.

Debt-to-income ratio is fairly intuitive and can be understood from the name itself. Essentially, it is number that demonstrates how much a person owes in credit card debts, school loans, etc. vs. how much they make each year in salary.

For recent graduates, debt-to-income ratio is difficult to improve due to a number of reasons.

First and foremost, employers that hire new grads often see the employee as a risk. There’s no telling whether or not this new grad will be a good worker in this position, as this is likely their first time working in a full-time capacity. Therefore, businesses will often see no problem with offering new graduates less in compensation.

Secondly, as was discussed earlier, new graduates often have significant levels of debt due to their student loans.

Taken together: companies feel justified in paying new graduates less, and new graduates owe a ton of money in student loans. This combination reflects unfavorably on their debt-to-income ratio.

Improving Debt to Income Ratio

Fortunately, there are ways to improve debt to income ratio for those with crippling student loan debt.

A few methods of improving an applicant’s chances of receiving a good mortgage offer is for them to refinance their loans and to pay off any debt they may have, such as a credit card. Taking these steps, however small they may be, will show lenders that the applicant is trying to improve their financial situation.

Another option stems from a recommendation made by Fannie Mae, the government loan assistance program. Fannie Mae recommends that applicants use what is known as “debt paid by others” to improve their mortgage application.

Essentially, this means that family or friends can assist the mortgage applicant by helping pay off some of their car loans or other debt. This “debt paid by others” will not count against the potential homebuyer, and can significantly improve their application status.

A Mortgage Professional Can Help

Throughout the homebuying process, many questions will come up. Some applicants may even question if it’s worth it to attempt to purchase a home in their current financial state.

But regardless of an applicant’s income, debt level, or any other factor, qualified mortgage professionals, like the ones at Rex Homes, can help. These experts in the housing field know everything there is to know about the mortgage and homebuying process, and they are ready to help you today!

Real Estate Investor
Real Estate,

5 Tips for Becoming a Successful Real Estate Investor

The real estate sector is a perfect place for a person to invest their resources. Investing in this sector offers the opportunity to generate favorable returns based on your investment. Furthermore, investing in real estate is much safer than investing in stock markets. However, it is essential to carry out intense research before undertaking any process. The following are some of the tips you can apply to and become a successful real estate investor.

Choose your Timing and Market Wisely

If you want to become a successful real estate investor, it is essential to understand both the local and national markets. Moreover, the choice of a person’s investment and its success are mostly determined by the various factors in the particular real estate market. Generally, it is recommendable to avoid rushing to invest in extremely hot markets, especially if you are new in the industry.

Understand the Market

Different sectors have their challenges and variances. Understanding the real estate market is one of the best ways to avoid issues when investing in the sector. Having adequate knowledge about your real estate market helps in evaluating the value of an investment property. For instance, you should know the value of the property you intend to purchase and the amount of income it can generate. Renovating a building can also attract more buyers when selling it.

Manage Your Risks in the Investment

As an investor, you need to develop various strategies for managing risks in a real estate investment. According to Steven Taylor Los Angeles, one of the most recommended ways is avoiding going too much into debt. When purchasing an investment property for sale, you should place at least a ten percent down payment. However, twenty percent is much better since it yields lower interest rates on loans and excludes private mortgage insurance. It is also good to maintain a big cash reserve.

Optimize the Value of Real Estate

It is also important to adopt mechanisms that increase the value of the property. This can help you to generate more profits. For instance, you can consider renting out certain areas of the building to a bank to install an ATM. Such steps can help in ensuring the building is fully rented, hence generating more income. If you have invested in an apartment, you can also maximize the property’s value by offering value-added services.

Understanding the Regulations and Rules of Real Estate Investment

Various rules govern the real estate sector. Therefore, Steven Taylor LA suggests that you should be aware of the rules and regulations guiding real estate investment based on the area you intend to invest in. For instance, you should not turn your basement into a rental area until you establish whether it is allowed. Some areas are also restricted to turning a building’s first floor into a commercial area based on their zoning laws. Understanding these laws prevents you from conflicts with the authorities.

Real estate is a profitable sector that you should consider. However, it is important to understand the dynamics of the industry before beginning your project.

real estate agent
Real Estate,

Advantages of a real estate agent

For every private seller, the question arises as to which property platform or which other way he should offer his property.

The real estate agent has the advantage to know of up-to-date, conventional and new sales channels. With regard to the costs involved, it starts to be considered whether it is worth taking the risk of the advertising costs yourself. Doubts about not successfully selling your own property and thus staying put on the costs lead us to consider whether it might not make sense for property owners to commission a real estate agent to sell their house. After all, placing real estate ads is one of his core competencies and the broker should therefore operate all platforms that make sense for your sale.

But is that true at all? How can private sellers tell whether a real estate agent seeks out all possible sales channels when selling your house?

Advertisements on real estate portals

Many real estate portals also allow a real estate ad from a private seller.

There is even a property portal where you can advertise your real estate for free. Such an example is

If your real estate is incredibly cheap, let’s say it is a property below 20,000 EUR you can list it on where many buyers are already waiting for your property.

Of course, you should always keep in mind that real estate agents have a lot of experience and usually they benefit from having a pool of possible buyers who might be interested in your real estate. Although they will charge a fee to sell your property, you probably sell your house quicker with them.

The experts in home sales are real estate agents. Many experiences have shown that the effort and knowledge required to sell real estate can be handled by a private seller only by investing a lot of time from his part. The completeness of an exposé for the house sale alone determines the success and failure of a real estate advertisement. Pre-selection of prospective customers and checking their solvency is also a difficult task.

If an interested buyer has any questions about the property, you can trust an expert and there will probably be questions that you, even as the owner, cannot answer directly.

Are you a real estate agent?

As a real estate agent, you give people their new home. You work in a very emotional field and it is precisely these emotions that are the basis for successful marketing.

Happy faces of satisfied customers in combination with fantastic looking real estate is the secret recipe for many interactions on the social media channels. As a real estate agent, you should take high-quality photos that advertise real estate in a visually appealing manner.

These pictures and videos can be published on a wide variety of channels, such as Facebook, Instagram, YouTube and Pinterest, to address your target group.

Not all brokers are the same

Often it is little things that make or break the decision to buy a specific property. The most important goals are always who is your target group to buy your property, how much you can get for it in the end and how much time did it take.

Pay attention to the professionalism of the real estate agent.

The more expensive the property, the smaller the potential group of buyers. Knowing the right agent that has already some established connections to possible buyers is a great opportunity that shouldn’t be missed.

Sometimes it is the search for the needle in the well-known haystack. If you want to tackle this adventure without a specialist, then you only have the property portals. You may be lucky, but the professional search for the right buyer is often much more difficult.


Real Estate,

6 Steps to Take Before Putting Your House on the Market

If you are looking to sell your house, you can easily list it via any property websites, banks, or real estate agents.

However, you may also want to do your research about the procedure, requirement, and items to look out for first so that you will be getting the right value for your property.

Keep in mind that people buy houses for various reasons, including a primary residence, as a building investment property, or as a vacation home.

Below, we will suggest some steps that you can take before you list your house for sale.

Declutter Your Home

First impressions matter for house listings. When you have visitors come by to view the house in person, you will want them to see a clean home that will impress them.

Give your house a deep cleaning session or consider hiring a deep cleaning professional to help you out.

You will want to clean the toilets, wipe down the walls, countertops, and other hard-to-reach surfaces, clean the rugs, and more. Basically, do a complete spring-cleaning.

Organize your belongings to make your property appeal to prospects. Do not leave your clothes and dirty dishes lying around the house.

Get a Property Appraisal

Property appraisals will help you to understand the real value of your house. Rather than putting a rough figure on the market so that you can sell your house fast, why not get a property appraisal done so that you will not be underpricing or overpricing your property?

These appraisals are easy to get too, so you will not have to worry about getting one. You can ask about their property appraisal services and schedule a convenient date to get the task done.

Real estate agents also are more familiar with the listing prices for houses in your area so that you will be getting the right figures.

Find a Listing Agent

If you have done your property appraisal, this step should not be too difficult for you. You might be able to get the appraisal and the listing agent all in the same agency.

However, you may also want to check your listing agent’s credentials and specialties, such as their connection to your neighbourhood, their social media expertise, and more.

Regardless of which agency you decide to go with, your selected listing agent or any other person in charge should be able to walk you through their plans on how they are going to sell your home.

You should ask questions and understand the process as the homeowner too.

Fix & Repair

Leaky taps, busted pipes, and cracks in the ceiling does not do much to increase your prospects’ confidence in your property.

Have your handyman contacts ready and take note of anything you need to repair. You may not notice all defects concurrently, but you can fix any you find as you go.

When you keep your maintenance up to date, you will not be giving off the impression that your house is poorly maintained.

This would increase the buyers’ confidence that they are purchasing a home for fair value, so this step is highly recommended.

Touch-up Walls & Floors

Consider repainting your walls and polishing your floor. A fresh coat of paint gives a new lease of life to any house. And doing so could make your decade-old house look brand new.

Sand and repolish wood flooring to make them look brand new. If you have carpeted flooring, then you can also vacuum and clean it.

You may want to hire a professional carpet cleaner for this task and get the job done well. You can also take this opportunity to hire someone to clean your roof tiles too if you have the budget to do so.

Hire a Professional Photographer

Let us start by saying that the photos you took with a 2MP camera phone from the 2010s will not make a good impression.

Now that you have deep cleaned, decluttered, and repaired anything that needed it, upload high-quality images of your house.

Hire a professional photographer to get beautiful, eye-catching photos for your property listing. Some realtors would also have their in-house photography services to inquire about that from the agency you chose.

These photographers should already have plenty of experience taking photos for house listings, so they know the best angles, the lighting required, and how to touch-up your photos to make them look better for your listing.

Home Appraised
Buy & Sell,

7 Reasons Why You Should Get Your Home Appraised

When you plan to buy or sell a home, it is a good idea to have it appraised first. A professional real estate appraiser can assess the home and determine its certified appraisal value.

They consider several factors to determine the appraisal value, such as public property appraisal records and the home’s current condition.

This third-party appraiser does not work for any local city or county government agencies, so their appraisal is not an official market assessed value.

Instead, it is a more specific value that considers the current market trends, comparable sales, and other factors that a local public appraiser fails to check.

It costs money to hire a home appraiser regardless of whether the home sells or not. Sometimes the buyer and seller split the appraisal service costs, while other times, it is the buyer or seller that pays for it entirely.

It depends on which party has more to gain from the appraisal. Make sure you hire a licensed appraiser who is authorized to provide appraisal values in your location.

Many professional real estate agencies, such as Arnold Property, can perform an appraisal for you too.

Below are seven reasons why you should get your home appraised.

1) Get Approval of a Mortgage Loan

Mortgage lenders want to know the home appraisal value before they issue a mortgage loan to a borrower.

The home is the collateral of the loan in case the borrower defaults on it. The lender wants to make sure the home appraisal value is not lower than the mortgage amount.

Many lenders will deny your mortgage loan application unless you show them a certified appraisal report of the home.

So, if you are a buyer who desperately wants to purchase a particular home, you should invest in a home appraisal service to get that report.

If the home appraisal value is higher or equal to the sales price, then your loan application will likely get approved.

2) Get a Better Deal as a Buyer

Homebuyers do not want to get ripped off. A home might look beautiful on the surface, but it could need dozens of repairs to its electrical wiring, plumbing, flooring, and appliances. 

You will not know it without the help of an appraiser. A home appraiser considers the estimated costs of the repairs needed, which ends up lowering the final appraisal value.

That way, the buyer will not overspend on a home that is a fixer-upper in disguise.

3) Get a Better Deal as a Seller

If you are a home seller, you will want to sell your home for the highest price possible. But you cannot rely on the assessed public value because it will not consider all the improvements and

upgrades you have made to the home. 

Their assessments are done from the outside only. On the other hand, a third-party

appraiser does a thorough inspection of the inside and outside to determine its real value. 

All the repairs and renovations made to the home will get factored into the final appraisal value. As a result, you could end up with a higher appraisal value than what is listed in the public records.

Then you can ask for a higher sales price when you list your home on the market.

4) Refinance Your Home

If you have made on-time mortgage payments for a couple of years, you could be eligible to refinance your mortgage for a lower interest rate.

But before your refinancing application gets approved, the lender will want to see an updated appraisal report.

You will not need to pay for a comprehensive appraisal. A straightforward “drive-by appraisal” is

all that is required for a refinancing application to get approved. It costs less and can get done quickly.

5) Get a Business Loan

Are you starting a small business and plan to apply for a business loan? If so, the lender will want to see your home’s value because it will be used as collateral for the loan.

An appraisal report will give them this information. You will get approved for a business loan if your home’s appraisal value is higher than the loan amount or at least equal to it.

6) Find Good Investments

Real estate investors frequently hire appraisers to help them find valuable investment properties.

Since investors might not be familiar with market locations, they depend on appraisers to give them the actual value of individual homes of interest.

Use an appraiser to help you find a good investment opportunity in your desired location.

7) Getting a Divorce

Are you getting divorced? Divorce usually results in the marital assets getting split between the husband and wife.

Before a house gets split, its appraisal value must be given to the court. The judge will use the appraisal value to determine how much money each spouse receives from the home’s sale. 

Avoid Disasters When Moving

7 Ways to Avoid Disasters When Moving

Are you moving to a new place? Congratulations! However, with a new beginning in a new

home, comes the lengthy, tiring process of moving all your belongings.

If you want your moving process to be as smooth as possible, keep these seven tips in mind.

Broken & Damaged Belongings

Have some items that are harder to move? Perhaps these items are fragile, can be damaged

easily, or need special attention while moving.

You do not want to end up with some of your prized possessions being broken when you unbox them days later.

Hire a professional removalist like Move with Ben to ensure that all your items arrive in their new location in the same condition as when they departed from your current home.

Missing Important Items

If you hire a moving company to help you sort through the moving process, you might be

concerned about the items that are important to you.

Store your legal documents, passport, heirloom jewellery or any other irreplaceable items in folders, purses, or duffel bags that you can carry with you throughout the whole moving process. You will always have better peace of mind when you have your essential items with you.

Home Renovation after Moving

Imagine being ready to settle down at your new home, and then finding chipped paint and

a broken window somewhere upstairs.

Inspect your new home and make sure to fix anything you need to first before you move in.

Tasks such as painting the walls, fixing holes, and installing floorboards would be much easier to complete while there are no items strewn everywhere around the place.

Overpaying for the Move

Sometimes, people only realize that they hired a truck much larger than what they thought

they would need after the vehicle arrives to pick up their belongings.

In this situation, you would be paying more money than you needed to for the move.

If you are hiring a moving company, you can always ask them to send a representative

to gauge the truck size required to move all your belongings.

Items Not Reaching as Scheduled

When you move into your new home, you expect to see your boxes of belongings all stacked

up in the living room.

Instead, you find nothing, and frantically call the moving company to receive the news that your items are still in the old location.

Remember to check-in and follow up with the moving company to confirm the item delivery dates now and then.

Having items that you will need to use immediately upon use in a separate box with you would also be handy for situations like this.

Bigger Furniture Cannot Fit Through the Door

You love the old couch you had from your old place a lot, but when it arrives at your new home, you realize that it will not fit through the door.

You can always try to remove the door hinges and the couch’s legs to help them fit in better. You can also see if some other doors or windows would make this easier.

However, it is always best if you measure your couch and doorway before the move. A professional mover should be able to handle this situation for you as well, so do not be afraid to hire additional help.

Forgetting the Utilities

Remember to sort out your utilities before you move in. Call the company in charge of your water, electricity, and internet connection once you know your exact move-out date and schedule these utilities to be shut down the day after you are officially moved out.

This would also be a great time to sort out the utilities at your new place as well. Transfer any accounts that you can to the new venue.

At the same time, schedule the services to be set up a day before you are moving in.

Dream Property
Real Estate,

Your Dream Property

One of the greatest legacies of our parents that they can give to their children is real property. It says that it is also called as “heritable property”. It is an immovable property that no one can steal it from us unless it was given intentionally to someone. In having a real property, we are protected by the law. It is a declaration that we own it. It can be personal property and family property.

In the old days, we can see a lot of open land property. Few homes are built, and more vacant areas can be seen in the city. But nowadays, tall buildings, houses, offices, small buildings built in the city. It is already crowded with people, things, and noise. Today, people see that it was hustle already to live in a city. Now, we are starting to look for privacy and tranquility away from it.

In our modern world, we want a peaceful place to rest after we work for the whole day for ourselves and our family. So, people have started looking for homes and properties away from the city. These are some of the reasons why it is starting to be considered:

  • The peace and quiet of the place – It is true that sometimes living in the city is a hustle. You will realize that you need some quiet place to relax and be at peace.
  • Being close to nature – A breath of fresh air with a perfect view will bring you relaxation and peace at the same time.
  • No traffic – We know that the city is already crowded. It is crowded with people and most vehicles. It causes us stress and tiredness every day in the city. But being away from this crowded place and deciding to move in the province can give us a breath of fresh air to be at peace.
  • Healthy lifestyle – The place with fresh air and local and healthy foods will bring us a healthy lifestyle.

We know that in the city, we can get all we need. We can get the highest paying job, amazing cars, beautiful clothes from different known brands, attend and saw different artists, eat different kinds of cuisine, and many more to offer. At some point in our life, we also get tired from this, the hustle and bustle of the city. Even if we can get everything that we need and want from this place, we will always look for peace for ourselves.

Nowadays, people look for property already away from the city but still getting a luxury one, like Montana luxury property for sale. Through this, we can be away from the noise of the city and start being one with nature.

serviced apartment
Real Estate,

Why stay in a serviced apartment when you move from one house to another?

It is fantastic when you get the right offer for your home. However, with a slow real estate market, this may take some time, so many people decide to sell their home before they start looking seriously for their next property.

When you are between houses, you have several options, such as hotel accommodation, rental homes and lifestyle service apartment hong kong with services.

Often, the first instinct is to book a hotel. However, this can be expensive, especially if you have children, because you will need a family room or more than a traditional room to accommodate everyone. The lack of personal space in hotels even challenges immediate families. Also, the feeling that you don’t have to cook can be exhausting, especially when you encounter the same food day after day. Washing clothes in hotels is also problematic, since you have the option to pay a high price to hotels for this service or you need to find a place where you can wash your clothes yourself.

Long-term rental, of course, is the best option

However, what happens if you don’t know how long you want to stay? Guaranteed rentals generally last at least six months and you may not have to stay that long. When you stay in an apartment with a guaranteed rental, you must register to pay for public services, rates, broadband, etc. This is a lot of work and bureaucracy in just a few weeks of stay! Another problem with traditional apartments is that most of the apartments are unfurnished, and if you use a moving company to deliver your furniture from your home to the rental space and back to your new home, this will have a considerable cost and a lot of stress. A cheaper option is to store furniture and stay in a full-service apartment.

The apartments with services are ideal for people who do not know how long they want to stay. They are also ideal for people who prefer a more homely holiday than the hotel. Apartments with traditional services are approximately 40% larger than hotel rooms. The service apartment hong kong island generally have fully equipped kitchens, high quality furniture, comfortable beds with high quality bedding, SKY TV channels, free Wi-Fi and welcome games. Some companies even offer free gym memberships during your stay and receive it with grocery packages (usually at an additional cost).


Companies with the best apartment service meet their guests and show them their properties, explaining how everything works. It is also backed by an information package, so if guests forget how to use their appliances, they can simply consult their guide or use the guide to find contact information for help and advice. Another luxury in these apartments is cleaning, which is usually done weekly or more regularly if necessary.

Buy Ugly House
Real Estate,

Benefits of Selling To We Buy Ugly House

When you make tour inside the metropolis inscriptions such as “We buy houses” or “We buy ugly houses” posted on utility poles or traffic light hoists. Those posters display shows that there is an existence of a company that is able to buy up an antique, ugly house irrespective of its present state. Here are the benefits of selling house to “we buy ugly houses” companies

It is quite easy

The mission of selling that old ugly home can be difficult, particularly if you are out for the most prices viable. However, a real old house buy will prevent the stress of finding buyers. You get to sell to a firm as a way to buy the ugly home at least prices it able to get off with. Even as you’re accepting a low price, you get to ease yourself the burden of offloading the house on time.

You do not have to make a longer many choices

Whilst selling to these companies, the simplest selection you need to make is whether or not to sell your private home. You the one who not trouble yourself on which repairs are required or who will buy the house just one provide and a selection. After that, the house is off. Usually, companies that buy ugly house pay coins, and the deal can be concluded quickly if that is what you care approximately most.

No need for actual property agents

Looking for an expert real estate agent may be tasking. It could require screen out some to locate one which you can work with. Additionally, you would not be disturbed approximately quarreling together with your real property agent due to the fact that you’ll not need them in selling to companies that buy ugly houses.

You may not warrant about sale by owner

Attempting to dispose a house as a “sale by owner” may lead to frustration. While attempting to bypass paying real estate fee, it takes a hard work to it. While you sell ‘we buy ugly housesas is” companies, you are absolved of these kind of problems connected to for sale by using owner.

You get to sell the house no matter its situation

A housing facility can depreciate especially over the years, specifically in instances wherein it is not frequently maintained and when wiped out objects are not replaced to keep the house updated. It’s miles viable you have a home you need to allow off, this is nearly a write-off no matter how vintage or derelict it’s far, there may be a company that is still inquisitive about it, although for a price way low, the property will nonetheless change hands.