Despite constraints by rising prices, historically high mortgage interest rates and limited inventory, the number of single-family home sales in Massachusetts increased 2.4 percent compared to May 2024, and 2.2 percent for the year.
While the residential real estate market has largely been tipped in the favor of home sellers, increased inventory is leading to more price cuts.
Current prospective homebuyers have more choice than ever in where they put offers in, as unsold listings pile up across the country.
Heading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year.
As lawmakers attempt to reach a compromise on a bill to grow the state’s housing stock, a new report said that most of the Bay State’s neighbors recently experienced a spike in housing inventory while Massachusetts saw no real change from a year earlier.
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.
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.
New data from real estate data firm Black Knight shows that Boston-area residents are still raring to jump into the housing market, despite huge shortages in housing inventory and record-high prices.
There’s no savior waiting in the wings for Massachusetts’ housing market. Instead, we have to build one ourselves.
The number of home sales across Massachusetts took another hit last month – typically the heart of the busy spring homebuying season – as prices for single-family homes hit an all-time high according to new data from The Warren Group, publisher of Banker & Tradesman.
A national survey by Zillow suggests a successful COVID-19 vaccine rollout could help ease the inventory crunch blamed for the rapid run-up in home prices.
A new survey from Zillow suggests that the nation-wide shortage of sellers may be caused, in part, by some holding out for higher prices.
Financing a home purchase can be a challenge in the high-cost Bay State, but moving may not be a better option – a recent report from Down Payment Resources concludes it is increasingly difficult to be a first-time buyer in housing markets across the country.
The January numbers are in and the spring market has sprung. From the look of things, 2018 is going to make the feverish 2017 market look tepid and continuing to squeeze buyers. Though the typical spring rush of new listings is coming online, it hasn’t been enough to satisfy the demand created by six years of declining inventory.
Mystery sleuths out there, here’s one for you: Just how does the Massachusetts real market continue to function when the already record low number of homes for sale keeps going even lower? Every time it looks like the number of listings couldn’t possibly drop again, it does
U.S. home resales rose more than expected in March to the highest level in more than a decade as more homes came on the market and were quickly snapped up by consumers.
