As the calendar turns to 2025, there will be more challenges ahead for buyers and brokers alike, and the Fed’s now-cooling ambitions for interest rate cuts have created uncertainty about how many homeowners will be interested in listing once the spring selling season arrives.
Nearly 1 in 4 Greater Boston homes are now worth over $1 million by Redfin’s latest estimate.
The median sale price of single-family home in Massachusetts dropped compared to the same month a year prior, although by only $1,000.
In a move that the Financial Crimes Enforcement Network said would help combat money laundering in real estate, the federal agency plans to expand the Bank Secrecy Act to require information about the individuals behind all-cash real estate transactions.
Boston-based financial technology firm DepositLink has joined the eXp Partner program, making its real estate payments platform available to eXp Realty’s network of agents.
New legislation filed on Beacon Hill, based on research by MassINC and the Massachusetts Association of Community Development Corporations, aims to address problems of blighted properties, depressed home prices and shrinking federal development grant dollars in many Massachusetts Gateway Cities.
Congratulations Massachusetts, you’ve done it again – though December figures aren’t yet in, 2018 is going to smash the single-family home price record. And that record is only a year old.
As Realtors, we often deal with volatile situations where emotions are running high and disputes are common. What steps can you take to limit your exposure in each transaction that you conduct and if you must go to court, increase the probability that you will prevail?
It could soon become a lot harder to add a swimming pool to a home in Nantucket if a proposal being made to the island’s 2019 annual Town Meeting is approved.
The numbers aren’t all in yet, but it seems safe to say 2017 was a good year for residential real estate in Massachusetts. Historically low inventory and interest rates translated to high prices and fast, strong sales numbers, pleasing most sellers and agents. Buyers, on the other hand, found high prices and stiff competition.
Have you heard? Fire is hot; water is wet; and the gulf between the old guard and the new recruits is wide.
