Home construction continued to surge across the nation, which reflected the projection that new homes will help moderate price growth over the next 12 months.
“Home sales are still booming in Massachusetts.” — MAR President Kurt Thompson
“In fact, we may be looking at one of the best buying opportunities in Boston since the last recession.” — GBAR President Jason Gell
Four top ranking most expensive zip codes belong to Massachusetts, with zips in Nantucket, Wellesley Hills, Beacon Hill, and Weston.
MAR recently published an update on its legislative initiatives and noted that it is advocating on a number of budget amendments, several of which aim to impose sales taxes on homes.
Luxury apartment community, Caldwell, a 10-story mid-rise at 34 Munroe Street, in Lynn, is now accepting residents on its second, third and fourth floors and pre-leasing its upper floors.
Where is the best state to save for a down payment? See how Massachusetts did in a new report
While home sales continued to evade the seasonal decline, buyers and sellers took a breather last week as COVID-19 cases spiked and the nation focused on the presidential election, according to realtor.com’s Weekly Housing Report.
“Buyers who look during that time tend to be more serious because the casual lookers tend to delay until after the holidays.” — CEO Anthony Lamacchia
The deal is part of mayor’s plan to buy 1,000 affordable units and take them off the market to preserve their affordability.