Hot Towns in Tepid Times
Lack of for-sale homes still remains a critical concern across the state, both in hot and not-so-hot communities, but despite that some markets did far better than others this spring.
Lack of for-sale homes still remains a critical concern across the state, both in hot and not-so-hot communities, but despite that some markets did far better than others this spring.
With demand from people relocating to more sun-drenched markets thanks to an ability to work remotely already fading, many Sun Belt metros face a growing risk of seeing a downturn in their housing markets, according to a new analysis. Not so in Greater Boston.
A new report from Redfin suggests another way higher mortgage interest rates are taking their toll on the housing market: more homebuyers bailing on purchases.
With many buyers pushed out of the market or further afield from their jobs in recent months, sellers are losing some of their clout, real estate agents and brokers say.
Have we reached peak home price craziness yet? For the last decade, the answer from the market has been a resounding “no.” This time could be different.
Two of the biggest-name brokerages that sought to challenge the established hierarchy of residential brokerages announced major layoffs Tuesday as buyer frenzy cooled nation-wide.
Even as the state began to slowly ramp up its COVID-19 vaccines last month and an the coming end of the pandemic became a little more believable, many homeowners still were reluctant to list.
The residential real estate market’s strong start last year ultimately became a preamble to dramatic increases in single-family sales and prices, and incredibly low inventory nearly throughout the commonwealth.
More people moved out of Massachusetts than relocated to the Bay State in 2020, with retirees and people seeking a change in lifestyle driving the overall migration out of the state, according to a recent study by a national moving company.