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Massachusetts Home Buyer Guide

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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

Should First-time Home Buyers Wait for Interest Rates to Decline?

Aug 26, 2023 2:34:07 PM

The average U.S. mortgage interest rate reached its highest level since 2001 for the week ending August 24, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey. 

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Topics: Real Estate Market, Mortgage Rates & News

Are Higher Mortgage Rates to Blame for Scarce Real Estate Inventory?

Jul 23, 2023 5:23:12 PM

Mortgage interest rates have risen in recent months, significantly impacting Massachusetts and other real estate markets, primarily leading to fewer homes for sale.

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Association of Realtors, Mortgage Rates & News

9 Places in Massachusetts Where House Prices Have Fallen in 2023

Jul 9, 2023 10:58:09 AM

Sale price growth for single-family homes has slowed across Massachusetts over the last six months, but the median house price has increased in most cities and towns. On the other hand, the following nine cities and towns have seen single-family home prices decrease so far in 2023, according to the Massachusetts Association of Realtors. 

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News, Wilmington MA, Chelmsford MA, Salem MA, Easton MA, Natick MA, Salisbury MA, Abington MA, Littleton MA, North Reading MA

Will Slower Price Growth Mean More Massachusetts Homes For Sale?

Jun 29, 2023 6:59:17 PM

The growth in the median price of a Massachusetts single-family home has slowed over the past six months, but it's unclear whether the slowdown in price growth will trigger an increase in inventory.

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

Greater Boston Real Estate: Will Lack of Affordability Cool Market?

May 25, 2023 11:15:41 AM

Over the last decade, median home prices in Greater Boston and Massachusetts have steadily climbed, accelerating during the COVID-19 Pandemic due to increased demand and short supply.

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

5 Greater Boston Communities With Less Than One Month of Inventory

May 18, 2023 12:15:33 PM

Forget about Massachusetts home sales and prices. The real story is still the need for inventory.

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Tewksbury MA, Shrewsbury MA, Canton MA, Revere MA, North Attleborough MA

What's Behind Falling Home Sales in Massachusetts?

Apr 26, 2023 9:53:59 AM

Given the headlines in the media about falling Massachusetts home sales, prospective home buyers might get the impression it's now a buyer's real estate market in the spring of 2023. It's not. 

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

Mortgage Interest Rates Decline for Third Consecutive Week

Apr 2, 2023 4:15:17 PM

Average U.S. interest rates for the 30-year, fixed-rate mortgage loan decreased for the third consecutive week for the week ending March 30, 2023, according to Freddie Mac's weekly Primary Mortgage Market Survey (PMMS).

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Topics: Real Estate Market, Mortgage Rates & News

11 Things Massachusetts Home Buyers Should Know in Spring 2023

Mar 28, 2023 8:19:19 AM

Whether you're a first-time home buyer, moving to Massachusetts, or you last purchased a home several years ago, you will want to educate yourself on the current state of the Massachusetts real estate market. 

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Topics: Real Estate Market, Home-buying Tips, Massachusetts Home Prices

Massachusetts Home Sales Fall, Inventory Tight, Prices Holding Up

Mar 26, 2023 9:58:26 AM

Massachusetts single-family home sales declined year-over-year in February 2023, the 20th consecutive month, the Massachusetts Association of Realtors (MAR) reported on March 20, 2023.

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

   

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