True Home Partners at Compass

True Home Partners at Compass We are a 6-agent partnership that provides professional real estate services to sellers and buyers in the greater Cambridge area.

We are a Cambridge, Massachusetts based partnership of six Realtors® who provide professional real estate services to buyers and sellers in Cambridge, Somerville, Arlington, Belmont, Watertown, Medford and some surrounding communities. With over 69 years of combined experience and real estate knowledge, we can assist you in making a sound buying or selling decision in today’s market. Our reputatio

n has been built on an innovative, low-pressure, collaborative team approach which separates us from our competitors.

We just had the nicest and most relaxing 3 weeks at our place in Ptown. We are going to be so sad to leave this waterfro...
07/13/2024

We just had the nicest and most relaxing 3 weeks at our place in Ptown. We are going to be so sad to leave this waterfront condo and its fabulous community after 23 years but are thrilled about our new house that has a yard for Harper. We just lowered the price “to sell” and please reach out if you or anyone you know would be interested….

383 Commercial Street, Unit 7B, Provincetown, MA 02657 is a condo listed for sale at $995,000. This is a 1-bed, 1-bath, 527 sqft property.

It’s Still a Sellers’ Market [INFOGRAPHIC]Due to low supply and high demand, today is one of the strongest sellers’ mark...
04/01/2022

It’s Still a Sellers’ Market [INFOGRAPHIC]

Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. DM me so you can take advantage of this hot sellers’ market.

Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss o...

There Are Several Great Reasons To Consider Buying a Condo TodayIf you’re a first-time buyer looking to break into the h...
03/31/2022

There Are Several Great Reasons To Consider Buying a Condo Today

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider.

>>Exploring Condos Could Add Options That Fit Your Budget
Supply challenges are a reality across the board in today’s housing market. Broadening your home search to include condos could increase your overall pool of options. Just keep in mind, condos generally differ from single-family homes in average space and floorplans. But if the size of a condominium meets your needs, they could match your budget as well. Data from NAR shows the difference in the median price for both housing types. For single-family homes, the median price is $363,800. And for condominiums, the median price is lower at $305,400.

>>Find Out if Condo Living Is Right for You
In...

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

What’s Happening with Mortgage Rates, and Where Will They Go from Here?Based on the Primary Mortgage Market Survey from ...
03/30/2022

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Sam Khater, Chief Economist at Freddie Mac, explained in a press release last week, “This week, the 30-year fixed-rate mortgage increased by more than a quarter of a percent as mortgage rates across all loan types continued to move up. Rising inflation, escalating geopolitical uncertainty and the Federal Reserve’s actions are driving rates higher and weakening consumers’ purchasing power.”

In a recent article by Bankrate, several industry experts weighed in on where rates might be headed going forward. Here are some of their forecasts:

>>Greg McBride, Chief Financial Analyst, Bankrate:
“With inflation figures continuing to surprise to...

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throug...

A Key To Building Wealth Is HomeownershipBut many people may not realize just how much owning a home contributes to your...
03/28/2022

A Key To Building Wealth Is Homeownership

But many people may not realize just how much owning a home contributes to your overall net worth.
Here are just a few reasons why, if you’re looking to increase your financial stability, homeownership is a worthwhile goal.
>>Owning a Home Is a Building Block for Financial Success
A recent NAR report details several homeownership trends and statistics, including the difference in net worth between homeowners and renters. It finds:
“. . . the net worth of a homeowner was about $300,000 while that of a renter’s was $8,000 in 2021.”
To put that into perspective, the average homeowner’s net worth is roughly 40 times that of a renter.
>>Equity Gains Can Substantially Boost a Homeowner’s Net Worth
The net worth gap between owners and renters exists in large part because homeowners build equity. As a homeowner, your equity grows as your home appreciates in value and you make your mortgage payments each month.
In...

The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says:

The Many Benefits of HomeownershipHere’s a look at a few of the non-financial and financial benefits of owning a home. I...
03/26/2022

The Many Benefits of Homeownership

Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, think about all the ways homeownership can impact your life.

>>Homeownership Has Impactful Personal and Emotional Benefits
Owning your home gives you a significant sense of pride because it’s a space which is truly yours. And as a homeowner, you can customize your home to your heart’s desire. Having a space you’ve put your stamp on enhances the pride and sense of ownership you may feel. And that sense of ownership can extend beyond your shelter to help create social, community, and civic benefits as well. As NAR says, “Living in one place for a longer amount of time creates an obvious sense of community pride, which may lead to more investment in said community.”
>>Owning a Home Is a Significant Step Toward Financial Stability
In a financial sense, homeowners benefit from home price...

The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy...

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]With inflation driving up the cost of everyday items, see...
03/25/2022

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

With inflation driving up the cost of everyday items, seeking out an energy efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If you’re planning to buy a home this year, consider energy efficiency in your search. Let’s connect so you can better understand features that can save you money for years to come.

Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include effi...

What You Can Expect from the Spring Housing MarketAs the spring housing market kicks off, you likely want to know what y...
03/24/2022

What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems to be relatively immune. Here’s a look at what experts say you can expect this spring.

>>Mortgage Rates Will Climb
Freddie Mac reports the 30-year fixed mortgage rate has increased by more than a full point in the past six months. And despite some mild fluctuation in recent weeks, experts believe rates will continue to edge up over the next 90 days.

>>Housing Inventory Will Increase
There may be some relief coming for buyers searching for a home to purchase. Realtor.com recently reported that the number of newly listed homes has grown for each of the last two...

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reser...

What You Need To Know if You’re Thinking About Building a HomeHere’s the latest on some of the key challenges homebuilde...
03/23/2022

What You Need To Know if You’re Thinking About Building a Home

Here’s the latest on some of the key challenges homebuilders are experiencing today and how they could impact your plans to move up. When you know what’s happening in the industry, you can make an informed decision on whether to look for a newly built or an existing home in your home search.

>>Supply Chain Issues

The first hurdle builders are dealing with is the lack of supply of various building materials. According to a recent article from HousingWire, “. . . Nearly everything needed in the homebuilding process is facing some sort of delay and subsequent price increase.”

>>Skilled Labor Shortage

But that’s not the only challenge with new home construction today. Builders are also having a hard time finding skilled labor, which means they’re short-handed, further dragging out their timelines. But there is good news. The February jobs report shows employment gains in the...

If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are doing everything they can to co...

The Average Homeowner Gained More Than $55K in Equity over the Past YearIf you’re a current homeowner, you should know y...
03/21/2022

The Average Homeowner Gained More Than $55K in Equity over the Past Year

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great news for you.

Here’s how it happened. Home values are on the rise thanks to low housing supply and high buyer demand. When you own a home, the rising prices mean your home is worth more in today’s market. And as home values climb, your equity does too. As Dr. Frank Nothaft, Chief Economist at CoreLogic, explains, “Home prices rose 18% during 2021 in the CoreLogic Home Price Index, the largest annual gain recorded in its 45-year history, generating a big increase in home equity wealth.” According to CoreLogic, the average homeowner’s equity has grown by $55,300 over the last 12...

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great ne...

Don’t Get Caught Off Guard by Closing CostsAs a homebuyer, it’s important to plan and budget for the expenses you’ll enc...
03/19/2022

Don’t Get Caught Off Guard by Closing Costs

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home.

>>What Are Closing Costs?
One possible reason some people are surprised by closing costs may be because they don’t know what they are or what they cover. According to U.S. News and World Report:

“Closing costs encompass a variety of expenses above your property's purchase price. They include things like lender fees, title insurance, government processing fees, upfront tax payments and homeowners insurance.”

In other words, your closing costs are a collection of fees and payments made to a variety of individuals and organizations who are involved with your transaction.

>>How Much Will You Need To Budget for Closing Costs?
According to the Freddie Mac article mentioned...

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get...

Spring Cleaning Checklist for Sellers [INFOGRAPHIC]If you’re thinking about selling your house this spring, here are som...
03/18/2022

Spring Cleaning Checklist for Sellers [INFOGRAPHIC]

If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list. Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal. To determine the full list of things you’ll want to tackle for your home, you need the opinion of a trusted expert. DM me to help make sure your house shows well this season.

Some Highlights If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list. Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal. To determine the full list of things you’ll want to tackl...

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1100 Massachusetts Avenue, 5th Floor
Cambridge, MA
02138

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+16179301288

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