
Sales Activity Picked Up In February
Sales activity increased in February, a possible indicator that buyers may indeed be coming off the sidelines even as the number of homes coming onto the market shrank further.
Sales activity increased in February, a possible indicator that buyers may indeed be coming off the sidelines even as the number of homes coming onto the market shrank further.
The local residential real estate market is getting a slight boost according to a new report from Realtor.com.
A new survey of Baby Boomers and members of the Silent Generation commissioned by brokerage and listings portal Redfin has dismaying news for anyone hoping for a “silver tsunami” of downsizers bringing their houses to market.
A little uptick in a graph of new residential listings in Greater Boston could represent a flicker of hope for buyers and sellers alike.
A nationwide analysis by researchers at brokerage and listings portal Redfin has found that 4 in 5 residential mortgage borrowers have an interest rate below 5 percent, and even more have a rate below 6 percent.
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.
What should you make of the uptick in inventory and the slight slide in homebuyer demand? Is a return to a “normal” market on the horizon?
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.
New listings continue to slowly climb in Greater Boston, but inventory of for-sale homes and condominiums is still far below what it was last year, Zillow reports.
This may very well turn out to be the shortest and strangest real estate downturn in history, thanks in part to the economic inequality that has kept most workers in layoff-hit industries from ever being able to buy a home.
Although COVID-19 has certainly caused a massive slowdown in the market, mainly due to a lack of home sellers listing their homes, assuming that this will turn into a replay of the 2008 crisis is likely inaccurate.
Greater Boston’s residential real estate market is showing initial signs it could be coming back to life, with new listings up on a week-over-week basis for the second week in a row.
Massachusetts’ twin public health and economic crises are starting to slow the region’s housing market, as sellers appear to be looking to wait out both.
New home listings in Massachusetts dropped over 11 percent year-over-year in March, according to data provided to Banker & Tradesman by the state’s largest multiple listings service.