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Massachusetts Home Buyer Guide

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National Survey Indicates Scarce Inventory Top Issue for Home Buyers

Aug 21, 2015 7:37:20 AM

Massachusetts isn't the only state where home buyers are facing a real estate market with little inventory.  

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Topics: Real Estate Market, Massachusetts Association of Realtors

Are We Headed Towards a Housing Bubble?

Aug 2, 2015 11:26:00 AM

We all have heard the talk about the housing recovery and rapidly rising home prices, especially in the Greater Boston Area, and many real estate industry analysts question whether we are headed towards another housing bubble. 

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

Strong Massachusetts Home Sales in June 2015, Inventory Remains Tight

Jul 31, 2015 3:57:00 PM

Massachusetts home sales increased the most in June since June 2005 and median prices increased slightly, The Warren Group, publisher of Banker & Tradesman, reported July 28, 2015.

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

Who was the 'Typical' Home Buyer in Massachusetts in 2014?

Feb 2, 2015 7:59:44 AM

Massachusetts first-time home buyers made up 39 percent of all home buyers, higher than the 33 percent of home buyers on the national level, but lower than the historical norm of 40 percent, according to a report released by the Massachusetts Association of Realtors. 

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Topics: Real Estate Market, Massachusetts Association of Realtors, Real Estate Misc.

Massachusetts Real Estate Inventory Remains Tight in November 2014

Dec 26, 2014 7:50:21 AM

Massachusetts inventory of single-family homes declined 13.2 percent in November and months of supply declined to 4.6 months from 5.3 months in November 2013, according to data compiled by the Massachusetts Association of Realtors.

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Topics: Real Estate Market, Massachusetts Association of Realtors

New Home Listings in Massachusetts Rise in October 2014

Dec 1, 2014 9:36:16 AM

The number of new single-family homes and condominiums listed on the market in Massachusetts increased in October, a real estate market move many potential home buyers are hoping will become a long-term trend.

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Topics: Real Estate Market, Massachusetts Association of Realtors

Massachusetts Home Sales Decreased 6.6% in August 2014, Prices Up

Sep 23, 2014 9:33:00 AM

Massachusetts single-family home sales declined 6.6 percent in August compared to August 2013, The Warren Group, publisher of Banker & Tradesman, reported September 23, 2014. August was the sixth month in 2014 that single-family home sales decreased on a year-over-year basis. 

A total of 5,417 single-family homes sold in Massachusetts in August, down from 5,797 sales in August 2013. August was the third month in 2014 with more than 5,000 in sales. Through August, sales were down 3.1 percent at 32,382, compared with 33,399 during the same eight-month period last year.

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

Is Massachusetts Real Estate Inventory Improving for Home Buyers?

Aug 26, 2014 7:07:01 PM

As Massachusetts home prices continue to rise, homeowners are waking up to the opportunity of selling their homes for a good price.

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

Andover, MA Real Estate Inventory Declines, Prices Up April 2014

Jun 30, 2014 7:22:00 PM

Real estate inventory of single-family homes in Andover, Massachusetts declined 18.9 percent in April 2014 compared to April 2013, according to data compiled by the Massachusetts Association of Realtors. 

In April 2014, there were 86 homes on the market, compared to 106 in April 2013. Months supply of inventory in April also declined. There was 2.8 months supply in April relative to 4.2 in April 2013, a 33 percent decline.

The median price of a single-family home in April was $492,000, up from $471,000 in April 2013. Andover, MA single-family property prices increased 27.7 percent over the first four months of the year compared to that same period in 2013. The median price through April was $574,500, up from $450,000 through the first four months of 2013.

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

Massachusetts Home Sales Decline Fourth Straight Month in May 2014

Jun 27, 2014 6:30:00 PM

Massachusetts single-family home sales declined for the fourth straight month on a year-over-year basis in May 2014, a 7 percent drop, The Warren Group, publisher of Banker & Tradesman, reported June 25, 2014.

In May, a total of 4,482 single-family homes were sold compared with 4,820 in May 2013. Through the first five months of the year, home sales also declined by 3.8 percent with 15,467 homes sold compared with 16,073 sold during the same period last year.

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

Fewer Home Buyers Bought Homes in Haverhill, MA in April 2014

Jun 5, 2014 8:30:00 AM

The number of single-family homes sold in Haverhill, Massachusetts declined 32.4 percent in April compared to April 2013, according to data compiled by the Massachusetts Association of Realtors. 

There were 25 single-family homes sold in April, down from 37 homes sold in April 2013. From January through April, there were 82 homes sold, down 16.3 percent compared to 98 sales during the first four months of 2013. Pending sales did increase in April. There were 45 pending home sales in April, a 7.1 percent increase compared to 42 pending sales in April 2013. The first four months of the year had 134 pending home sales, up 3.9 percent from 129 pending sales in January through April 2013. 

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

Mansfield, MA Real Estate Market Stalls, Median Price Flat, Sales Dip

Jun 4, 2014 4:26:00 PM

The median price of a single-family home in Mansfield, Massachusetts declined 0.4 percent in April 2014 compared to April 2013, according to data compiled by the Massachusetts Association of Realtors.

The median home price in April was $372,000, down from $373,500 in April 2013. Mansfield, MA single-family home prices increased 1.9 percent over the first four months of the year compared to the same period in April 2013. The median price through April was $360,000, up from $353,375 through the first four months of 2013. 

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

   

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