The impact of waiting a year to purchase metro Boston real estate is significant with regard to your monthly payment. The following chart shows how mortgage affordability is affected at various purchase price points.

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. Though your friends and family have your best interests at heart, they may not be fully aware of your needs and what is currently happening in real estate. Lets look at whether or not now is actually a good time for you to buy a home.

When viewing a potential first home, there are lots of things you need to look out for and consider so that you can weigh all of the pros and cons.

A newly released Harvard University paper on homeownership reveals the top five financial reasons people should consider buying a home.