Zillow: Home Shopping Early May Pay Off
Zillow predicts another hot spring market this year, as well-priced homes are selling quickly and overpriced homes are seeing price cuts.
Zillow predicts another hot spring market this year, as well-priced homes are selling quickly and overpriced homes are seeing price cuts.
Our agents are reporting busy open houses and motivated buyers, even as contingencies and home inspections are back. The value of a home will hinge on price and condition.
The 2021 spring mortgage season in Massachusetts has outpaced the last two years, with more home buyers taking single-family and condominium purchase mortgages between January and May compared the same periods in 2019 and 2020.
In another indication the coronavirus is softening the housing market, applications for purchase mortgages fell by 11 percent nationwide last week, according to the Mortgage Bankers Association.
Single-family home and condominium sales increased last month as the spring Massachusetts real estate market started to heat up, according to a new report from The Warren Group, publisher of Banker & Tradesman.
Has Boston’s ridiculously hot condominium market finally peaked? After rising for years, the price of Boston condos put under agreement actually fell in the first quarter of 2019 to $639,000, a drop of $10,000, or 1.5 percent.