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RE413

RE413 News

J. Merrick Hale

Writes on property tax, town finance and what a house costs to hold.

A pen name for the RE413 desk. What that means.

Taxes · September 5, 2026

Down Payment vs Closing Costs in Massachusetts

Separate the down payment, closing charges, prepaid expenses and reserves in a Massachusetts purchase, with clear mortgage arithmetic and local tax context.

Taxes · September 5, 2026

Closing Costs in Western Mass: A Buyer Checklist

Build a Western Massachusetts closing-cost budget from lender documents, service quotes, prepaid bills and credits, with local property-tax context.

Taxes · September 5, 2026

Private Mortgage Insurance: A Western Mass Buyer Guide

Understand private mortgage insurance alongside down payments, local property taxes and lender quotes, without treating a sample mortgage as an approval.

Taxes · September 5, 2026

15 vs 30-Year Mortgage: Western Mass Cost Comparison

Compare fifteen- and thirty-year repayment schedules with transparent assumptions, then add local taxes, insurance and the cash needs of the actual home.

Taxes · September 5, 2026

Mortgage Points in Western Mass: How to Compare Costs

Compare mortgage points and lender credits using written quotes, cash available after closing and realistic loan periods, with local ownership-cost context.

Taxes · September 5, 2026

Property Tax Escrow in Massachusetts: Read the Payment

Understand how property-tax escrow enters a Massachusetts mortgage payment, why the total can change and how to compare statements with actual local bills.

Taxes · September 5, 2026

Property Taxes After Buying a House in Massachusetts

Check how a Massachusetts purchase relates to assessed value, existing tax bills, exemptions and escrow assumptions before relying on the seller's payment.

Taxes · September 5, 2026

Condo Fees in Western Mass: What the Payment Covers

A condo fee only makes sense beside the services, reserves and owner responsibilities it covers. Compare complete packages and future work in Western Mass.

Taxes · September 5, 2026

A $300,000 House in Western Mass: Monthly Cost Inputs

Estimate principal and interest on a hypothetical $300,000 purchase, then add actual Western Massachusetts taxes, insurance and other ownership expenses.

Taxes · September 5, 2026

A $500,000 House in Western Mass: Payment and Reserves

Model principal and interest on a hypothetical $500,000 home, then assess local taxes, insurance, closing cash and reserves for the actual property.

Taxes · September 5, 2026

5% vs 20% Down Payment: A Western Mass Comparison

Compare five- and twenty-percent down payments by borrowing, mortgage insurance, closing cash and repair reserves, with clear local ownership-cost context.

Taxes · September 5, 2026

Mortgage Rate Locks in Western Mass: What to Verify

Check a mortgage rate lock's written rate, points, expiration and change conditions, then keep local taxes and other ownership costs in the payment budget.

Taxes · August 10, 2026

Why Your Property Tax Bill Rose in Western Mass While the Rate Fell

Across twenty years the median rate here barely moved and the median bill doubled, because assessed values rose 86% underneath it. In 23 towns the rate fell.

Taxes · August 10, 2026

Average Property Tax Bill by Town: Twenty Years in Western Mass

The average single family bill runs from $835 to $10,915 across 101 towns. Exactly one town pays less than it did in 2006, and it already paid the least.

Taxes · August 10, 2026

Community Preservation Act Surcharge: Which Western Mass Towns Charge It

Thirty-nine of the 101 towns levy it, at 0.5% to 3%, and 37 of those charge it only on the tax above the first $100,000 of value. Most buyers never see it.

Taxes · August 10, 2026

Split Tax Rates: Sixteen Western Mass Towns Where Business Pays More

Sixteen towns here shift part of the levy onto business. In one, commercial pays 2.62 times the residential rate. It does less for homeowners than it sounds.

Taxes · August 10, 2026

Property Tax Abatement in Massachusetts: Deadlines and Exemptions

The clock to challenge an assessment runs out on the day the first actual bill of the year is due. Here is the window, the process and what is at stake.

Taxes · August 10, 2026

Free Cash by Town in Western Mass: Certified Reserves and Deficits

Twenty-one years of certified reserves for every town, including the thirty-two times a town here certified a deficit. It is the number behind an override.

Taxes · August 10, 2026

When to Refinance a Mortgage in Western Mass: How Far Rates Must Fall

Fifty-five years of weekly rates and a national-average break-even illustration. Local published purchase rates are only market context here.

Taxes · August 10, 2026

Tax Exempt Property in Western Mass: How Much Is Off the Roll

Colleges, hospitals, churches and state land pay no property tax. The exempt share runs from 3% of a town to 33%, and the rest of the roll covers it.

The Market · August 8, 2026

How Local Published Mortgage Rates Compare With National

We record ordinary published local mortgage-rate entries beside the national average. Rate order is not a borrower-specific lender ranking today.

Taxes · July 15, 2026

What Salary Do You Need to Buy a House in Western Mass?

We ran the median home, the real tax bill and the current rate for all 101 towns. In most of them the answer is above what households there actually earn.

Taxes · June 30, 2026

Your Town Does Not Live on Your Property Tax Alone. Here Is the Rest.

State aid sends more than a billion dollars a year to these 101 towns, and the share it covers ranges from almost everything to almost nothing.

Taxes · April 29, 2026

Mortgage Rates Since 1971: What a Home Loan Has Actually Cost

The 30-year rate has been under 3% and over 18%, and both were within one working lifetime. Here is what each level did to the payment on the same house.

Taxes · March 16, 2026

How Massachusetts Property Taxes Are Assessed, and Why Yours Went Up

Your bill moved and the rate did not. That is normal, it is not a mistake, and understanding why is the difference between appealing and wasting a morning.

Taxes · March 12, 2026

The Cost of Living in Western Mass, 2026: What a Year Actually Costs

Tax, heat and the mortgage on one median home, town by town. The gap between the cheapest and the dearest town here runs to five figures every year.

Renting · March 9, 2026

Renting in Western Mass: What It Costs and How Many People Are Stretched

In the median town, half of renters spend a third or more of their income on housing. For owners the same figure is a quarter. That gap decides a lot.

The Market · February 18, 2026

What $400,000 Buys in Each of the 101 Western Mass Towns

The same money buys a median home outright in Franklin County and a third of one in Alford. It also carries a tax bill that varies by $530 a month.

Taxes · February 4, 2026

Property Taxes in Western Mass: Every Town's 2026 Rate and Real Bill

Rates run from $2.18 per $1,000 to $20.50, a nine-fold spread across one region. But the rate is not the bill, and the two lists are not the same list.