2022 Housing Market Forecast Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong ...
Continue ReadingThe Average Homeowner Gained $56,700 in Equity over the Past Year When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a ...
Continue ReadingNovember 2021 Monthly Housing Market Trends Report In a recent report by Realtor.com economist, Danielle Hale and Sabrina Speianu it’s been demonstrated that we still need inventory for the amount of buyers looking to make home purchases in the US. The national inventory of active listings declined by 26.0% over ...
Continue ReadingSeptember 2,2021 by Realtor Michael Mahoney | 617-615-9435 There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely ...
Continue ReadingThe National Association of Realtors reported 5.99 million home sales for July, which was an excellent beat of estimates and a dagger into the hearts of the 2021 housing crash crew. Mother demographics and low mortgage rates, two things that have been transparent to human beings for a long time, are powerful economic ...
Continue ReadingWeekly Housing Trends Key Findings Key Findings: The median listing price grew at 8.6 percent over last year, notching a second week of single-digit price growth after a 50-week streak of double-digit price growth. The good news for buyers is that the pace of price growth is now half April’s 17.2% ...
Continue ReadingDog Days Don’t Have the Dogs Down August 13, 2021 REAL ESTATE NEWS By Michael Mahoney – The Hardest Working Realtor® in Boston August 13, 2021 Sensational Headlines Drive Marketing Dollars for Media Companies You really have to give it to media companies (aka news companies). They are so ...
Continue ReadingIs there a Market Shift in the Residential Real Estate? Shifts are Happening in the Real Estate Market. Inventory is starting to come onto the market which is a welcome relief for many buyers. As we start to enter the Fall market, sellers should closely look at the signs of ...
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