Massachusetts’ first-time buyers seem to be facing the loosest market in many years, potentially giving hope to homebuying dreams – provided they can afford today’s home prices in the first place.
Cape Cod has seen a surprising bump in new home listings, kindling hope that the era of ever-declining inventory might be coming to a close – at least in Barnstable County.
Anecdotally, a number of industry players say they’re seeing a somewhat impressive post-Labor Day bump in the number of homes for sale on the rustic peninsula. But the latest real estate stats aren’t picking that up – at least not yet.
With March’s tally of new single-family listings off almost 20 percent year-over-year on Cape Cod, buyers and sellers are looking at another spring of tight market conditions.
The number of homebuyers seeking mortgages for second homes has taken a nosedive this year, even as the inventories of single-family homes and condominiums for sale on Cape Cod hit never-before-seen lows last month.
Realtors on Cape Cod, Martha’s Vineyard and Nantucket are subject to new fair housing training requirements after a vote by the members of the region’s Realtor association.
Massachusetts’ home sales figures slid downward for yet another month in March, as the state’s housing shortage and rising interest rates continued to bite.
Even as Massachusetts single-family prices broke another record last month, signs emerged that the state’s inventory drought could be easing.
It may still be pretty chilly on the Cape, but the housing market is as scorching hot as the sand on Nauset Beach on a July afternoon.
The number of homes for sale in Massachusetts’ major markets stayed at very low levels in February, new data from Massachusetts’ Realtor associations shows, keeping the state on track for a spring housing market featuring record price growth if strong demand continues.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
