Boston Still Has a Lot Fewer Sellers than Buyers
Elsewhere in America, homeowners may have to wait before a buyer comes along. But not in Greater Boston.
Worcester, Boston Remain Sellers Markets Despite Nationwide Shift
While nationwide the market is shifting towards buyers, in New England sellers still have the upper hand due to a lack of inventory.
Worcester, Manchester Lead Nation’s Hottest Housing Markets
The New England housing market is heating up to begin the year, and Boston’s outlying metro areas are leading the pack.
Massachusetts Markets Predicted to Cool Off in 2025
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.
Can Worcester and Springfield Beat the Hype in 2024?
Springfield and Worcester real estate leaders are flattered that their areas are expected to be among the top performing housing markets in the U.S. in 2024. The only problem: They’re not sure either market is up to the job.
Worcester, Springfield Predicted to Be in Top Housing Markets Next Year
Some experts expect the nation’s housing markets to begin a long, grinding climb-out next year from the multi-year inventory dives they’ve been on since 2020, but two Massachusetts markets are expected to be top performers.
New Construction Makes Up Nearly 1 in 5 Boston Houses for Sale
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in the Greater Boston housing market has nearly doubled in a single year.
Refuges from Boston’s Housing Market Are Disappearing
Some of the last remaining escape hatches from Greater Boston’s grossly overpriced housing market – Worcester and Providence – are starting to close. And unfortunately, local NIMBYs seem determined to make the problem worse.
Redfin Researchers: Worcester Market Holding Up Better than Boston
Economists at combined listings portal and brokerage Redfin say Worcester’s housing market appears to be holding up better than Boston’s amid a range of stressors as the spring housing market opens.
Boston Barely Broke Even on Migration in 2022
A new analysis of U.S. Postal Service address-change data by the National Association of Realtors shows the Greater Boston area saw an uptick in migration last year, while moves to Greater Worcester slowed down notably.
Where’s the Housing Market Headed? Predictions Run the Gamut
Prominent economists across the real estate world are turning out their predictions for the new year, and some have New England markets in their lists of top performers for 2023. But uncertainty over the economy’s direction has created an unusually broad spread among this season’s forecasts.
Mortgage Lenders Welcome Loan Limit Increases
While surging inflation and mortgage rates stymied the residential mortgage market this year, the industry has greeted the recent increase to next year’s conforming loan limits with optimism.
Mass. Metros Short Tens of Thousands of Homes, New Report Says
Massachusetts’ four major urban regions east of the Berkshires were short nearly 90,000 homes to meet current residents’ needs right before the pandemic, a new study claims.
Worcester, Boston Are Nation’s Most Competitive Housing Markets
The Greater Worcester area was the nation’s most competitive housing market in May, according to a new Redfin report that measured the number of competing offers its buyers agents encountered. And Greater Boston was the nation’s third-hottest.
Greater Boston Housing Construction Can’t Keep Up
Greater Boston grew its housing stock at by 6.2 percent over the last 10 years, according to new Census Bureau data analyzed by apartment rentals website Apartment List, but it wasn’t nearly enough to accommodate job growth over the same time period.
Housing Inventory Up in State’s Major Markets
The number of single-family houses and condominiums for sale in Massachusetts grew substantially in nearly all of the state’s major markets last month, and market-watchers say the hot market could moderate later this year.
Moving Out: Mass. Top Ten in 2020 Outbound Migration
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.
Buyers Looked to Worcester, South Shore for Affordable Homes this Spring
The frontier in Greater Boston residents’ quest to find affordable homes moved to the South Shore and Greater Worcester this year, with implications for the way towns, cities and the state plan for the future.
