Realtor.com Declares October Best Month to Buy In 2024
While October is being declared the best month to buy a home this year, Massachusetts market data suggests otherwise.
Mass. Single-Family Prices See Biggest Jump Since 2021
Sales of single-family and condominium homes surged in April after years of declines, leading one Realtor trade group to herald “a rebirth” of its regional housing market. But it wasn’t enough to keep prices in check.
Mass. Home Prices Kept Rising in March
Year-to-date, there have been 3,482 condo sales, a 6.2 percent decrease from the first three months of 2023 with a median sale price of $520,000, an 8.3 percent increase on the same basis.
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.
Mass. Single-Family Sales Lowest Since Great Recession
The latest data on the Massachusetts housing market shows that fewer houses sold across the state last month than any September since 2010, when the state was still in the grip of the Great Recession.
Mass. Home Price Growth Accelerated in August
Home prices rose at a faster clip in August than at any time this year as record low housing inventory kept buyers outnumbering sellers.
Refuges from Boston’s Housing Market Are Disappearing
Some of the last remaining escape hatches from Greater Boston’s grossly overpriced housing market – Worcester and Providence – are starting to close. And unfortunately, local NIMBYs seem determined to make the problem worse.
Mass. Home Prices Rose Only 2 Percent in December
Massachusetts home sale prices hit another all-time high last month, but they grew at the slowest rate seen all year as the housing market continues its long cool-down.
Five Things that Could Unsettle Real Estate’s New Year
With a new governor in charge and the real estate market in flux, 2023 could prove to be a pivotal year in Massachusetts’ efforts to rein in its ruinous cost of living.
This Is No Time to ‘Marry the House and Date the Rate’
Thanks to a spike in interest rates, a popular pandemic sales mantra has been replaced with something potentially more toxic, which could leave buyers up the creek if the economy worsens next year.
Home Price Gains Kept Decelerating in October
Massachusetts homebuyers and sellers kept staying away from the housing market last month – so many, in fact, that the number of closed single-family sales was lower than October since the Great Recession ended in 2012.
A Twisted Kind of Housing Recession
Booms and busts are a natural part of capitalism, but there’s something rather perverse about this particular bust.
Mass. Housing Price Growth Kept Slowing in August
The median single-family sale price saw the smallest year-over-year percentage gain of the last six months, as the Massachusetts housing market continues to slow.
July Home Sales Are Only One Data Point
Massachusetts’ residential brokers and agents shouldn’t let the huge dips in home sales reported last week convince them the sky is falling.
Single-Family Sales Stay Suppressed Versus 2021
The market has cooled in Massachusetts after being confronted with high prices and rising mortgage rates, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Mass. Metros Short Tens of Thousands of Homes, New Report Says
Massachusetts’ four major urban regions east of the Berkshires were short nearly 90,000 homes to meet current residents’ needs right before the pandemic, a new study claims.
Worcester, New Hampshire Cities Among Nation’s Hottest Markets
Economists at Realtor.com say that several New Hampshire cities are the nation’s hottest markets right now, with the Worcester metro area not far behind.
Could Massachusetts’ Housing Market Be Undervalued?
Skyrocketing home prices across Massachusetts have set off worries about residents getting locked out of homeownership, or worse – a possible future bubble.
Build the Future We Need
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Home Sales and Prices Continued to Surge in October
The Massachusetts real estate market continued to show no signs of slowing down in October as both single-family home and condominium sales surged on a year-over-year basis, according to a new report from The Warren Group.
