A Close Inspection of Home Inspections in Massachusetts
Through the advocacy of GBREB and our partners, state housing officials made key revisions to the original regulations in order to make this new policy less restrictive and more feasible.
GBAR Names New Executive Director
The main trade group for real estate agents in Greater Boston’s urban core and its tony MetroWest suburbs has named a new chief administrator.
Healey Backs Ending Tenant-Paid Apartment Broker Fees
“I think they should be abolished. I think they should go away,” the governor said. “I totally support that, and support taking action to make that happen.”
Mass. Home Prices Up, but New Listings Down in November
The statewide median single-family sale price hit $600,000 in Massachusetts in November even as lower buyer demand – linked to election worries, in one observer’s eyes – kept year-on-year increases low.
Harris Wants to Offer $25K Down Payment Assistance Grants. Will They Help?
If the state’s housing supply doesn’t also get a significant boost, some worry that a pulse of new aspiring homebuyers might only send demand – and thus prices – higher and higher.
In Lead-Up to Fall Selling Season, Mass. Inventory Fell
As prices of homes continue to rise in Massachusetts, inventory remains an issue in the commonwealth.
Community Good Works
Haverhill Bank recently distributed 18 $750 scholarships to area students as part of the annual Joseph F. Healey Memorial Golf Tournament, which honors the memory of a Methuen amateur golfer who died unexpectedly in 2011. See who else gave back!
Lamacchia Named GBAR Realtor of the Year
The Greater Boston Association of Realtors named Anthony Lamacchia as the recipient of its 2024 Realtor of the Year award.
Did a Warm Winter Juice Spring Listing Data?
Early-year data from several sources has shown an uptick in sold homes and new listings. But some are skeptical that the state is seeing signs of a market becoming unstuck.
Mass. Single-Family Sales Flat, Median Price Spikes
The report comes after economists at listing portals Redfin and Zillow reported last week that Greater Boston saw an uptick in new listings in February.
Jan. Home Sales Showed Little Sign of Improvement
With home sales effectively flat across the state last month, January offered few signs of encouragement that the 2024 housing market will be a significant improvement over last year’s.
With Competition Strong, Saturday Is the New Sunday for Homebuyers
Many buyers aren’t likely to wait for rates to drop before jumping back into the market. This means it’s important to get your clients in to see a property as early as they can.
Single-Family Prices Jumped 10 Percent in October
The statewide median home sale price jumped by double-digits last month following a resurgence in buyer interest this fall, according to new data, even as a prominent Realtor group noted an uptick in price reductions in recent months.
Boston Home Sellers Offer Fewest Concessions in Nation
A new survey of Redfin agents finds that Greater Boston’s housing market could be the most competitive in the country, at least by one measure.
Who’s Still Buying Homes in Mass.?
The net result of today’s market conditions: more affluent buyers, young and old, are now dominating the real estate market across the Bay State.
The type of buyers of single-family houses and condominiums in Massachusetts still fall into four main categories: first-time buyers, trade-up buyers, downsizing buyers and “everybody else.” But within those major categories are major shifts about who’s buying or not buying.
In Boston, Top NAR Economist Predicts Inventory Recovery in 2024
Aspiring homebuyers struggling to land a new home – let alone their dream home – and real estate agents and brokers hurting for clients could start to get some relief next year, according to a top housing economist.
Condos No Shelter from Rising Prices, Agents Say
Experienced agents say there’s a number of possible reasons why more Boston-area single-family listings appear to be hanging around on the market than condos. But one thing is certain: Condos are no longer the affordable option.
Big Drop in Homes for Sale Pushes Prices Higher Statewide
Homeowners continued to hold off from putting their homes on the market last month, putting a squeeze on buyers even as stabilizing mortgage rates appeared to draw more of the latter out of the woodwork, according to a trio of new data releases about the Massachusetts housing market.
Mortgage Rates Helped Hold Down Feb. Home Sales
High mortgage rates and low inventory helped simultaneously support a rise in the state’s median home prices in February while giving a further kick to the total numbers of homes sold, experts say.
Boston Buyer Competition Warmed Slightly as Rates Fell
Falling mortgage rates appear to have brought more buyers out in December than in November, according to a new report from brokerage and listings portal Redfin.
