Current Market Data
It’s the second year in a row Boston was the top market for year-over-year housing inventory percentage increases.
The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
Even though buyer demand has weakened, home values remain strong
The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.
Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.
The drop comes as home and condo prices reached an all-time high in September.
Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.
Despite higher interest rates and inflation, Massachusetts Association of Realtors president David McCarthy says it’s still a good time for buyers and sellers to be active.
If you’re looking for the perfect paint color to do some remodeling this fall, why not grab a gallon or two of All Star Home’s pick of what it says is Massachusetts’ favorite color.
A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.
New home listings are still on the rise, despite mortgage rates hitting the highest level in more than 20 years. And those high mortgage rates are pushing monthly housing payments higher than they’ve ever been.
One Massachusetts community has been named the most expensive town in the country, according to a new LendingTree report.
Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said.
Among the top upgrades: large showers.
August home sales also improved month over month.
Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said.