
Sales Activity Picked Up In February
Sales activity increased in February, a possible indicator that buyers may indeed be coming off the sidelines even as the number of homes coming onto the market shrank further.
Sales activity increased in February, a possible indicator that buyers may indeed be coming off the sidelines even as the number of homes coming onto the market shrank further.
Prospective home sellers felt trapped in 2023, but watched their equity hit record levels. That made renovations funded by home equity loan products an attractive option – something Massachusetts’ top loan originators were happy to offer.
Residential lenders in Massachusetts think a challenging, high interest rate environment will continue to weigh the mortgage market down in 2024, pushing lenders to be more resilient and creative to attract more business.