National News

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.

More than 10,000 Realtors are expected to attend the NAR NXT, The REALTOR® Experience event being held Nov. 8-10

Four bedrooms, 2.5 bathrooms, original wood flooring … and a pattern of paranormal activity. These are the features agent Heather Bland had to manage when overseeing the sale of Whispers Estate — one of the Midwest’s most haunted homes.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs.

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Sales slid 1% compared to August, the National Association of REALTORS® said.

For the third year in a row, Massachusetts has been named one of the 10 safest states in the U.S., according to WalletHub’s 2024 Safest States in America list.

The average 30-year fixed mortgage rate climbed to 6.44%.

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

At the same time, the median-sales price declined from August, according to the RE/MAX National Housing Report.

Real estate agents cannot ask clients about a diagnosis … So, how can you best serve neurodivergent clients?

The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August 2020.

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000.

In Wellesley, $245,201 is the minimum income to be considered middle class, according to GoBankingRates. The maximum, meanwhile, is $735,602.

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®.