Some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week, according to a new report from Redfin, the combined brokerage and listings portal.
Another independent seaside brokerage has been bought by a major regional player.
With Massachusetts’ ongoing supply-demand imbalance expected to continue as the COVID-19 pandemic abates, agents face a difficult environment as they try to adapt to a new normal.
With the coronavirus pandemic forcing real estate agents to abandon traditional home showings, many are turning to virtual tours and other techniques to keep their businesses running.
It appears that the wave of homebuyer optimism that buoyed up the housing market heading into March may be starting to recede in the face of the coronavirus.
