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Massachusetts Home Buyer Guide

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Home Buyers Struggle With Inventory, Prices, and Interest Rates

Oct 30, 2023 8:35:40 PM

Home buyers bought the fewest single-family homes in Massachusetts in any September in 13 years due to low inventory, record high prices, and rising interest rates, The Warren Group reported on October 18, 2023.

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Topics: Real Estate Market, Massachusetts Home Prices, The Warren Group, Greater Boston Association of Realtors, Mortgage News Daily

Mortgage Interest Rates, Home Prices Continue to Rise

Oct 18, 2023 5:28:25 PM

Prospective home buyers face rising interest rates and home prices in Massachusetts, making affordability challenging.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Greater Boston Association of Realtors

Just How Low Can Massachusetts Real Estate Inventory Go?

Aug 31, 2023 12:04:00 PM

The number of single-family and condominium homes for sale in Massachusetts plunged in July compared to July 2022, according to data compiled and released by the Massachusetts Association of Realtors (MAR) earlier this month.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, New Hampshire Association of Realtors, Greater Boston Association of Realtors, Rhode Island Association of Realtors, New Hampshire Home Prices, Rhode Island Home Prices

U.S. Mortgage Interest Rates Fall Below 5 Percent

Aug 6, 2022 3:33:36 PM

Uncertainty surrounding inflation and other economic factors resulted in a decline in the average U.S. mortgage interest rate, according to Freddie Mac's weekly Primary Mortgage Market (PMMS) Survey for the week ending August 4, 2022.

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Topics: Massachusetts Association of Realtors, Mortgage Rates & News, National Association of Realtors, Greater Boston Association of Realtors

The Loan Application Deadline is Important to Massachusetts Homebuyers

Nov 24, 2019 8:58:21 PM

Massachusetts has two "offer to purchase" real estate forms commonly used by real estate professionals.

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Topics: Home-buying Tips, Massachusetts Association of Realtors, Real Estate Misc., Real Estate Law, Greater Boston Association of Realtors

6 Brookline, MA Real Estate Market Stats From 2016

Feb 9, 2017 6:30:00 PM

Single-family home prices in Brookline, Massachusetts rose modestly in 2016, with condominiums showing stronger price growth for the year, according to data compiled by the Greater Boston Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Greater Boston Association of Realtors, Brookline MA

Stats Homebuyers Should Know About Wilmington, MA Real Estate

Feb 8, 2017 11:45:00 AM

Closed home sales in Wilmington, Massachusetts were 12.3 percent higher in 2016 than they were in 2015, according to data compiled by the Greater Boston Association of Realtors (GBAR). There were 247 closed sales during 2016, up from 220 the previous year. The median sales price for single-family homes was 0.5 percent higher in 2016.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Wilmington MA, Greater Boston Association of Realtors

Dorchester (Boston) Home Prices, Sales Decline in February 2014

Apr 8, 2014 4:22:00 PM

Single-family homes sales in Boston's Dorchester neighborhood have declined 42 percent from seven sales in February 2013 to just three home sales in February 2014, according to data compiled by the Greater Boston Association of Realtors.

Through the first two months of 2014, there were six single-family home sales, down 33 percent from nine sales during the same period last year.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, Greater Boston Association of Realtors, Dorcester MA

Jamaica Plain (Boston) Condo Sales, Median Price Up February 2014

Apr 4, 2014 9:05:00 AM

The median price of a condominium in Boston's Jamaica Plain neighborhood increased 10.2 percent in February to $360,500 compared to $327,000 in February 2013, according to data compiled by the Greater Boston Association of Realtors. 

Through the first two months of 2014, the median condo price increased to $376,000 from $345,000 in January 2013 and February 2013, a 9 percent increase. The median condo price in Jamaica Plain increased 9.8 percent in 2013 to $375,000 from $341,500 in 2012.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Greater Boston Association of Realtors, Jamaica Plain MA

West Roxbury (Boston) Home Prices Increase 5% in December 2013

Feb 17, 2014 11:30:00 AM

In December 2013, the median price of a single-family home in the West Roxbury section of Boston increased 5 percent compared to the median price in December 2012, according to data compiled by the Greater Boston Association of Realtors. 

The median price for a single-family home in West Roxbury, MA in December 2013 was $420,000, an increase from $400,000 the same month in 2012. From January through December 2013, the median home price increased 2 percent compared to prices in 2012. For 2013, the median price stood at $419,000 compared to $409,950 for a single-family home in 2012. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Boston, Greater Boston Association of Realtors, West Roxbury MA

South Boston, MA Home Prices Spike in December 2013, Flat For 2013

Feb 13, 2014 11:06:00 AM

In December 2013, the median price of a single-family home in South Boston, Massachusetts skyrocketed 83.7 percent compared to December 2012, but median prices were flat for the year, according to data compiled by the Greater Boston Association of Realtors. 

The median price for a single-family home in South Boston in December 2013 was $518,000, a significant increase from $282,000 the same month in 2012; however, from January through December 2013, the median price decreased compared to 2012. Throughout the year, the median price stood at $516,500, less than one percent decrease below the median price of $517,250 for single-family homes in 2012. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Greater Boston Association of Realtors, South Boston

   

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