Massachusetts’ Luxury Markets Buck National Price Trends
Massachusetts is home to some of the most expensive luxury markets in America, according to new reports – and they’re getting more expensive.
Massachusetts is home to some of the most expensive luxury markets in America, according to new reports – and they’re getting more expensive.
While 1 in 4 homes in Massachusetts were bought with cash in the first half of this year, these types of deals are on the decline – slightly.
The Springfield, Massachusetts area was the hottest housing market in the nation in July, according to Realtor.com.
The North Shore and North Central Massachusetts helped land the state top rankings in a new report from Realtor.com.
With inventory building across New England’s three biggest housing markets, sellers are feeling pressure to cut prices.
A spokesperson doesn’t necessarily need to be super famous, but they should at least be recognizable.
While investors aren’t purchasing as many single-family homes compared to prior years, they are selling more of these properties, according to a new report from Realtor.com.
Current prospective homebuyers have more choice than ever in where they put offers in, as unsold listings pile up across the country.
A proposal to raise the state and local tax deduction cap could see Massachusetts homeowners reap rewards.
Homebuyers in 2024 paid an increasing amount in down payments in Massachusetts last year. Nationally, buyers broke records in both total down payment volume and the percentage of purchase price.
Massachusetts had three markets in a ranking of “hottest markets” measured by median days on market.
The New England housing market is heating up to begin the year, and Boston’s outlying metro areas are leading the pack.
The local residential real estate market is getting a slight boost according to a new report from Realtor.com.
Massachusetts continues to deal with a lack of affordability and according to Realtor.com, the Commonwealth is one of the worst in the nation in this area.
The income required to afford a starter home across the nation has risen significantly since 2019.
Realtor.com economists project Greater Boston will have a drop in sales while home prices are projected to grow by 5.6 percent year over year.
The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates, but his policies could do the opposite, some analysts say.
Down payment percentage had increased nationwide beginning in the third quarter of 2021 with this year being the first year that it has begun to decline.
Mortgage rates have been climbing in recent weeks following a spate of encouraging reports on the U.S. economy, including a hotter-than-expected September jobs report and a snapshot of consumer prices.
With the Federal Reserve cutting its benchmark interest rate in September, the lower interest rates appear to have driven some increased market activity in Greater Boston.