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It's always great to hear from someone who has lived there and appreciates what the town has to offer! Appreciate you checking out the channel

When people are drawn to a particular town or neighborhood, developers often respond by building condos and apartments to meet this demand. As residents settle in, their desire to purchase homes-either single-family or multi-family properties-within the same area typically increases. Remember this also includes people that previously didn't even consider that same town prior to moving there. Although this trend isn't inherently problematic, the predominance of new condo and apartment constructions over single-family developments is. So in theory, more people moving in creates even more demand for single family homes/multi-family homes.

Thanks for checking it out my channel! I'm curious do you miss Atlanta? Weather hasn't been too miserable here the last few years

​@@mikeurbanPersonally I prefer the change in seasons here, sadly winters are getting more mild here as well. I do not miss the GA humidity at all, only miss the family 😊

that sounds amazing!

Appreciate that. I'm planning a video on Malden and then Everett this week

my pleasure! hope it helped

@@MartinD9999 thanks for checking it out! If you need any 1 on 1 consultations feel free to book on my Calendly link 📆, have a great weekend

I appreciate that. Next week I'll have some more areas uploaded

video it up!

@@myboyjasper it's like that almost everywhere. On a side note I have buyers looking for a nice family home or a multi family they can occupy. If you know of anything off market send me a msg

@@donnahill758 oh I know it, or more right now in Magoun sq. Not many multis for sale in that market. When the median sale price of a home in Eastern Massachusetts is 800k+, $1m property isnt that hard to achieve.

My pleasure! If you need anything reach out

@@lisabibby6274 hi good morning! Of course I can I have a few other videos viewers requested but I'll get on it!

@@mikeurban Thank you, I appreciate it and your content.

Of course I'll work on it this week

Thanks for sharing your thoughts! and I completely get your frustration with the housing market. North Carolina sounds like a great choice, especially with the opportunity to get a new build within your budget. I have a few amazing referral partners down there, depending on which spot you're looking. Best of luck with your move, and if you need anything during the transition, feel free to reach out! 617-686-9299

they were never needed, even prior to the settlement. But now, you actually DO need one if you want a private tour with an agent, unless you plan on representing yourself, which is also available today but people choose not to.

I'm not sure what an attorney charges, but you hardly get your first offer accepted. If the attorney is writing multiple offers that aren't getting accepted, I don't think they are going to work for free; which can potentially cost you more. My suggestion is to find an agent who is is advocating for you and trying to get their seller to pay their compensation, which what I'm doing and having success with.

I don't know what part of the country your in but we don't charge any non refundable up front fees. It's also always negotiable.

Not yet, but I can! Any specific price points or construction type? Single fam condo etc?

@@mikeurban Condos 👍🏾. Thanx

Buyers could have done that for years upon years. Why do you think they don't do that now? Remember, it was the buyers themselves that wanted buyer agency.

@@thelaunchpadexp No that is not how its been - The seller has always offered the commission - We own over 80 homes in the NYC suburbs and are also agents - The fact is beginning Aug 18 we will only be offering a 1.5% commission to our agents to sell - So all buyers agents will need to get paid by their buyers OR we will raise our price to offset their commission OR and MOST LIKELY all buyers will come directly to us

Honestly great question. I get these questions a lot from newer agents since we have almost 120 in our group throughout a few States. I think for people that are just now getting their licenses that it's a good idea to do it. These changes will affect you less than agents that have been doing business the same way for the last 30 plus years. It'll be a fresh start for you and an opportunity.

I think it is highly competitive they let more agents in than there are houses to sell. It is mostly self employment. I have a relative that is an re agent and they said it costs them money, they have been working two jobs hoping the re market will improve for the past 20 years. They said they dream of the big one but it hasn’t happened.

@@studentaccount4354 it's costs a ton. it has to be run like a business or it's almost impossible to scale and still provide a high level of service

It helps no one, not even home sellers because they also have to buy a home eventually. Imagine they sell a 600k condo and buy a 1.2m single family home. They will pay substantially more with the new system, but I don't think they thought it out that far. They would only save in the adverse situation. Also neither myself or anyone I know charges buyers on a per offer basis, whether or not it gets accepted or not. Are you located in Massachusetts? I'm curious if that's what's happening in your market. Happy to chat more.

@@mikeurban this is not a true statement. You can't assume that every seller will become a buyer. I know, I know... you will say in most case. However, when I read your statement, it sounds like the same as we are all going to eventually die which is a true statement

@@dungle-x4x You're right, not ever seller buys a home. But 86% of sellers do buy a replacement home, according to national data and statistics.

This is an interesting take. Where's the best place to look at previous data regarding this? Maybe I'll put together a video on it

@@mikeurban the data is all over you just need to search for it.

Stop the Cap.

I hear you loud and clear on that one!

It's actually 2 days higher than 2023's q2, which in perspective is a 20%+ more. So it slowed down a bit, but yes still relatively quick

Thanks for checking it out ! Parts of the city are seeing a rise in inventory. Depending on the neighborhood in Boston, you can do really well. Esp. since you're selling in a competitive market with a SFH and buying a potential condo in a location with higher inventory. Send me an email and we can set something up! I'll be back from a little vacation later today mike.urban@exprealty.com

Lots of people asking about Dorchester lately. I'll cover this extensively next week

Anytime! Appreciate you checking out the channel

I get what you're saying. The extra 4% fee on high-value properties is tough, and existing residents rejecting new construction doesn't help. The state's push for high-density housing near the MBTA to get funding feels like pressure. Sky-high school budgets driving up property taxes just add to the problem. With all these costs-down payments, mortgages, interest rates, and taxes-it's no wonder first-time buyers and downsizers are struggling. It's a lot to handle. We need local and state governments to find a way to support growth without overburdening everyone. Maybe more community involvement and balanced policies could help.

Sounds much like California and their taxes, fees, zoning laws. The up side is growth in other cities who need young citizens and their money. The most perverse aspect of these costs is that they go to pay for policies which demonise the people who generate the cash. Where this is heading is a West European social welfare state , this is the endgame. Unfortunately The EU's welfare state model has been proven to be unaffordable.

We also need to figure in inflation and energy costs which are brought to you by the same people who leech off the fees. I live in Berlin, Germany and regressive left wing building policies have also led to a severe housing shortage here. I assume in Boston the left has made a deal and no openly taps the wealth they supposedly despise.

I must have the real estate fairy sitting on my shoulder. For the second time, I have sold my house at the high prices and purchased my new home before prices got ridiculous(for cash). I appreciate your emotion in this video. My whole family lives in Boston or the surrounding area. I'm moving to Plymouth next month. I grew up in Hingham and went to school in Boston. I just looked up the house I grew up in--millions-- wow! I really feel for your clients, trying to buy a house in this market!

I appreciate you ! Thank you! 🙏