Think It’s Better To Wait for a Recession Before You Move? Think Again. Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move. A recent survey by ...
Continue Reading🏡 Is the Boston real estate frenzy finally over? 🏡 The market is SHIFTING, and I actually think it’s a good thing! We’re moving away from the frenzy and towards a healthier, more balanced market. This creates incredible opportunities for both buyers and sellers. Here’s my quick update on ...
Continue ReadingLight at the end of the inflation tunnel? The Fed’s preferred inflation gauge – PCE – is getting pretty close to their 2% target. How close is close enough for the Fed to resume cutting rates? For the answer, we need to watch the unemployment rate in the big BLS ...
Continue ReadingBuy a Home Now or Wait? Waiting Likely Costs More 1. Why it matters: Home prices are forecast to keep rising nationally. Delaying your purchase means potentially paying more later and missing out on building equity sooner. 2. What’s happening: Prices climbing: Experts predict steady, sustainable home price growth (around ...
Continue ReadingWalpole Single-Family Home Prices for January 2025 Real estate market data for Walpole, MA provided by Michael Mahoney of Real Broker MA LLC. Walpole Single-Family Home Prices We have seen consistent activity in the Walpole single-family home market, and it’s essential to stay informed. If you are considering buying a ...
Continue ReadingPending Home Sales Show Modest Improvement, but Market Remains Subdued The National Association of REALTORS® reported today that pending home sales increased by 2.0% in February 20251. However, this modest gain comes with some caveats: Year-over-year decline: Despite the monthly increase, pending transactions are down 3.6% compared to February 2024. ...
Continue ReadingExisting home sales in the U.S. surged by 4.2% in February, marking the first increase in six months, according to the National Association of Realtors (NAR). 🏡 Total sales reached a seasonally adjusted annual rate of 4.38 million units. This growth is attributed to a slight increase in inventory and ...
Continue Reading📊 Massachusetts Housing Market – Feb 2025 🏡 Key Trends 🔻 Sales Dip: U.S. existing-home sales fell 4.9% month-over-month. 📈 Prices Up: Median home prices rose 5.4% for single-family homes ($600K) and 7% for condos ($534,950). 🏠 Tighter Inventory: Homes for sale dropped 14.9% (single-family) and 5.5% (condos). 📉 New ...
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