Waltham, Massachusetts single-family home and condominium prices increased in 2020, but while single-family home sales were down slightly, the number of condos sold fell more than 10 percent.
The following are 11 things prospective homebuyers should know about the Waltham, MA real estate market, according to MLS data compiled by the Massachusetts Association of Realtors.
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Real Estate Market,
Community Information,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Waltham MA
Some in the real estate industry thought mortgage interest rates were on the rise after a 14-basis-point jump about two weeks ago; however, rates slipped lower for the week ending January 28, 2021, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
Massachusetts single-family home and condominium sales jumped double digits in November 2020 on a year-over-year basis while prices rose and real estate inventory continued to decline.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News,
New Hampshire,
New Hampshire Association of Realtors,
Rhode Island Association of Realtors
With rising home prices and falling inventory, it's a tough market for homebuyers in Massachusetts. One positive for prospective homebuyers is record-low mortgage interest rates.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
It's hard for experienced real estate professionals to imagine average U.S. mortgage interest rates have reached a new low, but it's true. The 30-year, fixed-rate mortgage loan dropped to an all-time low for the 14th time this year, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Topics:
Real Estate Market,
Massachusetts Association of Realtors,
Mortgage Rates & News,
New Hampshire Association of Realtors,
Rhode Island Association of Realtors
Massachusetts single-family home and condominium sales each increased double digits in October compared to October 2019 while inventory fell again, the Massachusetts Association of Realtors (MAR) reported November 23, 2020.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
Several weeks ago, many in the real estate industry believed mortgage interest rates couldn't fall any further. That prediction turned out to be incorrect.
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Real Estate Market,
Massachusetts Association of Realtors,
Mortgage Rates & News
Average mortgage interest rates in the United States remained below 3 percent for the week ending September 3, 2020, according to Freddie Mac's weekly Primary Mortgage Market Survey.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
After three months of declining single-family home sales in Massachusetts, closed sales increased 3.6 percent in July compared to July 2019, the Massachusetts Association of Realtors (MAR) reported on August 18, 2020.
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Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
It's unclear whether the decline in Massachusetts home sales in February 2020 was due to the coronavirus or the continued dramatic drop in the number of homes available for sale. Maybe it was both.
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Topics:
Real Estate Market,
Massachusetts Home Prices,
Massachusetts Association of Realtors,
Mortgage Rates & News
Beyoncé may have had it wrong when she released her Grammy-winning hit "Single Ladies (Put a Ring on It)" in 2008. It appears more and more single women would prefer a home of their own.
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Topics:
Real Estate Market,
Massachusetts Association of Realtors,
Real Estate Misc.,
National Association of Realtors