John Hollis Group Real Estate Blog

Feb. 23, 2023

Top Five Home Buyer Mistakes

Buying a home is a significant investment and a crucial decision in your life, and as a first-time homebuyer, it can be overwhelming. To ensure a more positive homeownership experience and avoid costly mistakes, it's essential to be aware of the common pitfalls that first-time homebuyers often make. Here are the top five mistakes that first-time homebuyers make and how you can avoid them:


  1. Failing to set a budget: One of the most common mistakes first-time homebuyers make is not setting a budget before starting their search. Without a budget, it's easy to overspend and find yourself in financial trouble down the road. Be sure to factor in all expenses, including closing costs, property taxes, and maintenance costs.


  1. Skipping home inspections: Skipping a home inspection is like playing Russian roulette with your investment. Many first-time homebuyers make the mistake of thinking they don't need an inspection because the house appears to be in good condition or is newly built. However, an inspection can uncover hidden problems that could end up costing you a fortune in repairs later.



  1. Not shopping around for mortgages: It's easy to get caught up in the excitement of buying a new home and accept the first mortgage offer you receive. But failing to shop around for better deals on interest rates, closing costs, and other fees can end up costing you thousands of dollars over the life of your mortgage.


  1. Ignoring additional expenses: Many first-time homebuyers forget to factor in additional expenses like property taxes, maintenance costs, and homeowner's insurance. These expenses can add up quickly and should be included in your budget.



  1. Letting emotions guide the decision: Buying a home is an emotional experience, and many first-time homebuyers make the mistake of letting their emotions guide their decision-making. It's crucial to remain objective and evaluate the property's features, location, and overall value before making a decision.



To avoid these mistakes, consider working with a licensed, experienced Realtor. The John Hollis Group can offer expertise, knowledge, negotiating power, and access to listings that can help streamline the home buying process. We can guide you through the entire process, from finding the right property to closing the deal. Additionally, we can help you avoid costly mistakes and ensure that you make a sound investment for your future.


We have extensive experience in the real estate industry and can provide you with valuable insights into the local housing market. We can help you find properties that match your preferences, budget, and needs, including homes that may not be listed online. Furthermore, we can coordinate with the seller's agent, arrange property inspections, and assist with financing and closing paperwork. They can also help you stay on track with timelines and deadlines, making sure that everything goes smoothly.

In conclusion, purchasing a home can be a rewarding experience, but it's essential to approach the process with care and avoid common mistakes. By setting a budget, getting a home inspection, shopping around for mortgages, considering additional expenses, staying objective, and working with us, you can make a more informed decision and ensure a more positive homeownership experience.

Posted in Buying a Home
Feb. 9, 2023

Real-Time Analysis of the Thriving Single-Family Home Market in Norfolk County

Norfolk County is a bustling suburban area that has seen a growing demand for single-family homes in recent years. In this blog post, we will dive into the current state of the single-family home market in Norfolk County and provide real-time figures.


As of February 9, 2023, the median list price for single-family homes in Norfolk County is $779,000, up from $760,000 in January. This represents a 2.4% increase in the median list price over the last month. In comparison, the median list price for single-family homes in Massachusetts is $449,000, which is significantly lower than the median list price in Norfolk County.


The number of single-family homes currently on the market in Norfolk County is 1,292, which is a decrease from the previous month when there were 1,317 homes on the market. This represents a 1.9% decrease in the number of homes available for sale.

When it comes to the number of homes that have sold in the last 30 days, there have been 250 single-family homes sold in Norfolk County. This is an increase from the previous month when there were 235 homes sold. This represents a 6.0% increase in the number of homes sold over the last month.


In terms of the average days on market, single-family homes in Norfolk County are spending an average of 29 days on the market, which is an increase from the previous month when the average days on market was 27. This represents a 7.4% increase in the average days on market over the last month.


In conclusion, the single-family home market in Norfolk County continues to be strong, with a growing demand for homes and a relatively low supply. The median list price for single-family homes has increased over the last month, and the number of homes sold has also gone up. While the average days on market has increased slightly, homes are still selling relatively quickly in Norfolk County. If you're thinking about buying or selling a single-family home in Norfolk County, now may be a good time to do so. And for those looking for expert guidance, the John Hollis Group is here to help. With years of experience in the real estate market, the team at the John Hollis Group is well-equipped to provide you with the support and resources you need to make informed decisions about buying or selling a home in Norfolk County. Contact us today to schedule a consultation and take the first step towards securing your dream home.

Posted in Market Updates
Feb. 8, 2023

The current Boston Real estate market

The Boston, MA Real Estate Market: An Overview


Boston is one of the oldest cities in the United States and is known for its rich history, cultural attractions, and academic institutions. It is also home to a vibrant and dynamic real estate market, with a high demand for both residential and commercial properties. In this blog, we'll take a look at the current state of the Boston real estate market and what it means for buyers, sellers, and investors.

Housing Market Trends

The Boston housing market has been in high demand for the past few years, driven by a growing population, strong job market, and low interest rates. As a result, home prices have risen steadily, with the median home value in the city currently at $696,000, an increase of 9.1% over the past year. The number of homes sold has also increased, with a 4.6% increase in sales over the past year.

The demand for housing in Boston is particularly strong in the luxury and high-end markets, where prices have been steadily increasing. The luxury real estate market in Boston has been fueled by a growing number of high-net-worth individuals, as well as a strong economy and low interest rates. Despite the high prices, homes in the luxury market continue to sell quickly, often within a few days of being listed.

Condominiums are also in high demand in Boston, particularly in the city's downtown area. The popularity of condos is due in part to their relatively lower prices compared to single-family homes, as well as their proximity to the city's many attractions and amenities.

Commercial Real Estate Market

The commercial real estate market in Boston is also thriving, with a growing demand for office, retail, and industrial space. The city is home to a thriving tech industry, as well as numerous universities and medical institutions, which have driven demand for office space. The demand for retail space in Boston has been driven by the city's growing population and its many shopping destinations, including Newbury Street, Copley Place, and the Prudential Center.

Investment Opportunities

Boston's real estate market offers numerous investment opportunities, both for residential and commercial properties. The city's strong economy, low interest rates, and high demand for housing make it an attractive market for real estate investors. In addition, the city's many universities and medical institutions provide a stable and growing tenant base for commercial properties.


In conclusion, the Boston real estate market is currently thriving, with high demand for both residential and commercial properties. The city's strong economy, low interest rates, and growing population have all contributed to the market's success. Whether you're a buyer, seller, or investor, the Boston real estate market offers a range of opportunities for those looking to invest in the city's real estate.

Posted in Market Updates
Jan. 21, 2020

Useful articles for buying and selling.


When the time comes to move your personal belongings into storage, you’re going to have many options in which to choose from based on your individual needs. To know what you need, you’re going to have to complete a thorough inventory of what it is you’ll be storing, such as how much space you’ll need, does the storage has to be air-conditioned, and what is your pricing budget, to name just a few. Here Bill Gassett’s featured article covers the bases of your need for a storage unit and how they’ll be priced.

Lots of people will do a Google search for something like storage companies near me. Now you don’t need to anymore searching as this is the most comprehensive guide you will find out choosing a storage facility.

You’ve got questions on self-storage, and Bill has the answers for you.


You’re in a trance, under a spell, all wrapped up in your thoughts of buying a home. It’s as if you can’t think of anything else. Does this sound like you? Home buying can do this to us. After all, our homes are the most treasured places that we spend an awful lot of time thinking about it until we finally become a homeowner.

When you’re under such a spell to buy a home, it’s entirely possible that you won’t always be thinking clearly. And, because of this, my featured article (Lynn Pineda) I’ve included, goes over the essential don’ts to click yourself out of that spell.


In this featured article artfully written by Karen Highland, she expresses how practicing minimalism in the staging of one’s home, will significantly benefit any home Seller. So much about selling a home involves taking out the emotions that home Sellers have lingered on in their homes. Any Seller who can achieve this is setting up their home to appeal to more home buyers.

When home Buyers see staged minimalism it leaves room for them to fill all the space in with their lifestyle, thus making it easier for them to envision them living in the home seller’s property; ultimately, leading to a home buyer wanting to present an offer to buy the seller’s home.


Have you heard the advertisements on televisions and wondered what the scoop was with a reverse mortgage. These types of loans are perfect for older folks who don’t have a strong income anymore. By having a reverse mortgage you are able to tap the equity in your home. In order to be eligible for a reverse mortgage, you must be at least sixty-two years old and have substantial equity.

In the article at Realty Times, see a detailed overview of what you should know about reverse mortgages. Above all else, make sure you don’t get scammed, as this is prevalent in the reverse mortgage industry.


Home inspections are such an integral part of the home buying process, and knowing what really matters is critically important for any home buyers. Michelle Gibson highlights 15 things that you’ll want to be sure you get inspected by your home inspector.

In her featured article, she lists just what the inspector will look at during his/her inspection. She covers all of the things that will make a world of difference for a home buyer.

Some buyers go out of their way to pick the cheapest inspector possible. This is a significant mistake. The adage of you pay for what you get is so true when it comes to inspections. Here is what you can expect to pay for a home inspection, as well as other important points you should know.


Are you considering buying a home that needs a significant amount of work? Before buying a fixer-upper, there are a series of questions you should ask yourself before getting involved in such an extensive renovation project. It is easy to get in over your head when you don’t know what you’re doing. In the article at RISMedia, you will get some helpful guidance on some of the most vital things to think about before putting down your deposit on this kind of property.


Isn’t that what it is all about when selling a home? You want buyers to love your home, so they’ll buy your home right away and for the most money. Well, just how can you do it? Don’t fret, as Xavier De Buck’s featured article provides some amazing tips to put love in the air for all prospective home buyers.

In his article, Xavier talks tips, with 5 in fact, that include; “Potential buyers love a home that is bathed in natural sunlight instead of homes that are lightened with bulbs.”


Understanding all the moving parts is critical when venturing into Real Estate. Paul Sian discusses what you need to be aware of when you’re considering Real Estate as an investment. Setting the stage for profit begins with upfront preparation, funds to complete, and maintenance of your property, along with having the right people on your team.

Always remember to avoid potential problems and understand your risks, as Paul suggests in his featured article. Look forward to Real Estate, indeed being the right avenue for creating long term wealth.


Is now the time to sell your home? Here in her recent article featured here, Devon Thorsby covers up to date reasons behind why you should sell your home now, in 2020.

Devon writes on reports that are indicating 2020 may just be an excellent time to sell a home with the market being set up ideally for such a home sale. She discusses the low-interest-rate environment and the entry of new home buyers to the Real Estate market.


It’s all about extremes, and extremes do not seem to work out the best in the long run, whether you’re the best or worst in the neighborhood. Here Luke Skar highlights the problems you’ll face when buying the worst house in the neighborhood.

The glaring most obvious as Luke’s featured article points out is that the home is the WORST house – how good can that be?! And, if history is any indication of future performance, beware.


Lots of home sellers wonder what an appraiser is going to be looking at when they come to visit their house. It is essential for sellers to do what they can to be in the best condition possible before an appraiser arrives for their visit.

In his informative article, Geoff Southworth provides some excellent tips on what the appraiser will be doing and whether or not the cleanliness makes a difference. Do you know the answer? Find out here.


Imagine a map to guide you on your home buying experience – that would be helpful, don’t you think?! Jeff Nelson has created such a home buying guide in his featured article here that’s all things home buying.

It will most likely be the same whether you’re a first time home buyer or a repeat buyer, and as a repeat home buyer, the steps will ring more vital as you’ve already experienced a home purchase.

And, as Jeff explains, there are a lot of spokes in the wheel to home buying, so when you’re ready, get with your Realtor on the road to homeownership.


What can you do to your bathroom(s) to make home buyers fall in love? Here Anita Clark shares some advice about remodeling bathrooms that Buyers find most appealing. She uncovers what will be most worth your effort to remodel along with what items will provide you with the most return on your investment.

And her featured article doesn’t stop there, as she also includes some smart staging ideas for a bathroom.


You’ve probably heard these terms float around and wonder how they differ. Here in her featured article, Sharon Paxson lays out the differences of earnest money and down payments.

Earnest money is signaling to the home Seller that you are interested in buying their home. Sharon discusses typical earnest money deposits when going under contract to buy a home.

A down payment is set aside towards your purchase price and can vary depending upon whether you’re financing your home purchase or paying cash. Be sure to read as Sharon discusses down payments also. The National Association also published an excellent refresher for real estate agents this month on what to know about earnest money as well.


Oh, the reasons behind a rejected purchase offer. There can be many, and here in his featured article, Kevin Vitali examines the many reasons, highlighting the most common. Understanding the causes will better prepare you for setting up your offer to purchase a seller’s home, lessening the possibility of rejection.

You’ll find that commonly, declined offers are due to a low price, financing, good faith deposits, closing dates, contingencies, and more. Be sure to read Kevin’s entire article to learn all you can about offer are being declined. By understanding what causes of rejecting, you can learn how to craft an offer that won’t be!U

Posted in Real Estate News
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates