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Massachusetts Home Buyer Guide

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Hot Somerville, MA Real Estate Market Cools Off

Oct 4, 2022 10:23:58 AM

The once red hot Somerville, Massachusetts, real estate market saw double-digit drops in prices for single-family homes and condominiums in August on a year-over-year basis, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Somerville MA

Haverhill, MA Home Price Growth Slows; Inventory Remains Tight

Sep 28, 2022 3:20:49 PM

Despite a modest increase in the median price of single-family homes in Haverhill, Massachusetts, in August, home price growth slowed significantly compared to earlier in the year, sales dropped double-digits, but supply remained scarce. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Haverhill MA

Is It Still a Tough Housing Market for Massachusetts Homebuyers?

Sep 22, 2022 1:47:30 PM

Despite some signs of a slowing Massachusetts real estate market, it's still a tough housing market for homebuyers. Single-family and condominium sales are down, median home price growth is slowing but still up, inventory remains extremely tight, new listings are down, and interest rates have risen dramatically.

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

Mortgage Interest Rates Approaching 6 Percent Again

Sep 9, 2022 4:06:47 PM

After dropping below 5 percent at the beginning of August, average U.S. mortgage interest rates have increased over the past several weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey.

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Topics: Mortgage Rates & News

Marshfield, MA Single-family Home Prices Fall in July

Sep 8, 2022 8:34:06 AM

The median price of a single-family home in Marshfield, Massachusetts, declined in July, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Marshfield MA

Kingston, MA Homes Prices Cooling Off, Inventory Remains Tight

Sep 6, 2022 4:50:49 PM

Despite higher interest rates, the median price of a single-family home in Massachusetts rose 9 percent in July and 10 percent through July; however, home prices in Kingston, Massachusetts, dropped, according to the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Kingston MA

4 Massachusetts Communities Where Home Prices Dropped in July 2022

Sep 2, 2022 1:24:29 PM

Home prices in Massachusetts rose in July, but not every city and town saw its median house price increase.

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Peabody MA, Attleboro MA, Westborough MA, Pembroke MA

Massachusetts Real Estate Market: More of the Same in July 2022

Aug 26, 2022 12:50:49 PM

The Massachusetts real estate market delivered more of the same in July 2022, with sales down, prices up, and inventory shrinking. 

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Topics: Real Estate Market, Massachusetts Home Prices, Massachusetts Association of Realtors, Mortgage Rates & News

17 Facts for Homebuyers About the Andover, MA Real Estate Market

Aug 18, 2022 10:15:59 AM

Andover, Massachusetts, located in Essex County about 25 miles north of Boston, saw single-family home sales and prices in July 2022 move more than 20 percent but in different directions. 

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Topics: Real Estate Market, Community Information, Massachusetts Home Prices, Massachusetts Association of Realtors, Andover MA

5 Ways Buying a Home in New Hampshire is Different From Massachusetts

Aug 15, 2022 2:10:00 PM

There is a popular saying in real estate: "All real estate is local." To a large extent, that is true. Demand, which largely dictates median sale price, inventory, and other market conditions - varies from community to community.

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Topics: Home-buying Tips, Real Estate Misc., New Hampshire

Real Estate Easements: What Massachusetts Homebuyers Should Know

Aug 10, 2022 2:56:21 PM

Prospective homebuyers in Massachusetts have a lot to consider when deciding on a home, and one of those considerations is whether there are any real estate easements affecting the land.

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Topics: Home-buying Tips, Real Estate Misc., Real Estate Law

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

   

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