HELOCs Step into the Gap
More homeowners – and lenders – are turning to home equity loans and lines of credit in the face of historic levels of tappable equity and rising mortgage rates that make cash-out refinances unattractive.
Who Wants to Move Right Now?
Massachusetts’ housing market measurably cooling, but inventory is – so far – not rocketing upwards. The causes, experts say, are complex.
For Homebuilders, Something Has to Give
Homebuilders are cutting back: not just in the number of bedrooms, but also the number of bathrooms and anything else where they can make their plans less expensive to build.
Triple Whammy Slows Homebuilders
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses – often before the first customer walks in the door. That’s not the case now, though, and hasn’t been for months.
Lots of Lots Are Coming … Eventually
Home builders are running out of buildable home sites, with inventory at its lowest point since 2015. And relief is on the way – just not soon.
Two Housing Subsectors Set to Strengthen
Two relatively small housing submarkets are starting to show signs of strengthening. One of those markets: renters looking for more space, both inside and out. The other: people looking to get away from it all, if only for a few weeks.
