Location, location, location … at least that’s how the old real estate adage goes, right?

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Bostonians know all about community spirit, so it comes as no surprise that Beantown took a top spot in a ranking of U.S. cities with the most community spirit. 

Meanwhile, existing home sales dropped as days on market increased.

A new report has named a Cape Cod community one of the top 10 best cities in the nation for first-time homebuyers.

Living in some of the country’s top cities can get pretty expensive, and Boston is no different.

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Declining interest rates spurred the increase. 

Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.

At the same time, the median sales price rose 4.4% to $382,600. 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Amy Wallick, 2023 MAR president and realtor at Lamacchia Realty says while low inventory continues to create challenges for buyers, she encourages homeowners to consider entering the market. 

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

CoreLogic expects prices to continue to grow through the year.