Property, Rentals, Transactions

Property, Rentals, Transactions

Closed Home Sales Rise Despite Record Low Inventory for Month of October

The Massachusetts Association of Realtors® (MAR) reported today that closed sales for single-family homes saw a hike of almost six percent, while prices rose more than five percent. Year-over-year condominium sales also saw a bump, with prices rising almost four percent. Inventory dropped to a record low for the month of October

Rising Pending Home Sales in September Could Signify a Busy Fall Real Estate Market

The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales jumped over four percent this month from September of last year, with prices rising close to five percent. Pending condominium sales were also up, rising more than three percent over last year, while prices increased slightly. Realtors® confidence in the market and in home prices were both up again in September. This month’s “Hot Topic” question asks Realtors® how they would describe the appraisal process in the last six months

Massachusetts Median Home Prices Remain High as Number of Homes for Sale Reach Lowest...

The Massachusetts Association of Realtors® (MAR) reported today that closed sales for both single-family homes and condominiums were down over two percent in August compared to last year. The median price for single-family homes rose over five percent, while condo prices stayed flat. Inventory reached the lowest level for the month of August since MAR began recording the data in 2004.

Massachusetts Association of Realtors® Recognizes Realtors® Elizabeth Morawiak-Paczuska and Richard Waystack for their Community...

The Massachusetts Association of Realtors® (MAR) announced today that Elizabeth “Ella” Morawiak-Paczuska of Preferred Properties Realty in Norwell and Richard Waystack of Jack Conway & Company, Inc. in Harwich Port were named MAR’s 2017 Good Neighbor Award winners for their work on behalf of Project Health CV Inc. and the Bob Murray Housing with Love Walk respectively.

Pittsfield Realtor® Named 2017 Massachusetts Realtor® of the Year

The Massachusetts Association of Realtors® (MAR) announced today that Barb Davis-Hassan, president of Barb Hassan Realty, Inc. in Pittsfield is the Massachusetts Realtor® of the Year for 2017. Davis-Hassan was presented the award at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.

Waltham Broker Receives Massachusetts Realtor® Distinguished Service Award

The Massachusetts Association of Realtors® (MAR) announced today that Gary Rogers, a Realtor® and broker of RE/MAX on the Charles in Waltham, has been named recipient of the Milton H. Shaw Distinguished Service Award for 2017. The award was presented at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.

Massachusetts Median Home Prices Remain at the $400,000 Mark as Number of Homes for...

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit the $400,000 mark for the second month in a row in July. Single-family homes saw a dip in sales over last year, while condominiums sales rose slightly. Inventory also reached the lowest level for the month of July since MAR began recording the data in 2004.

Mass. July Pending Home Sales Down for the First Time in Over Two Years

The Massachusetts Association of Realtors® (MAR) reported today that single-family pending home sales fell almost six percent in July from last year. Pending condominium sales were also down more than 10 percent. The median price for both single-family homes and condos saw a hike over last year, with the single-family median price rising over the $400,000 mark for the second month in the row. Realtors® confidence in the market and in home prices were both up in July after a dip in June.

Massachusetts Median Home Prices Cross the $400,000 Threshold for the First Time

The Massachusetts Association of Realtors® (MAR) reported today that the median price for a single-family home hit an all-time high and went over $400,000 for the first time. Both single-family homes and condominiums saw a drop in sales in June from last year. Inventory also reached the lowest level for the month of June since MAR began recording the data in 2004.

Dip in Closed Home Sales for Month of May as Median Prices Hit All-Time...

The Massachusetts Association of Realtors® (MAR) reported today both single-family and condominium saw a slight dip in sales in May from last year. Despite the drop, median home prices for both single-family homes and condominiums hit new all-time highs. Inventory also reached the lowest level for the month of May since MAR began recording the data in 2004.

Baker-Polito Administration Celebrates Downtown Provincetown Reconstruction

Today Secretary Jay Ash joined Senator Julian Cyr, Representative Sarah Peake and Town Manager David Panagore to celebrate the ribbon cutting at Commercial Street in in Provincetown. In 2015, Provincetown received a $1.96 million award from the MassWorks program to complete a three-phase street reconstruction and storm-water mitigation plan.

2017 REALTORS® Legislative Meetings & Trade Expo in Washington D.C.

On behalf of current and future home and property owners throughout the country, more than 9,600 REALTORS® traveled to Washington, D.C., in mid-May to advance key real estate issues during the 2017 REALTOR® Legislative Meetings & Trade Expo.

Spring Market Blooming Despite Ongoing Inventory Shortage and High Prices

The Massachusetts Association of Realtors® (MAR) reported today that the number of closed single-family home sales were up more than two percent over March 2016, with median price also seeing a hike. This is despite the month seeing the lowest number of homes for sale since MAR began recording the data in 2004. Condominium sales and price also rose over last year.

Pending Sales Increases Continue from Busy Winter into the Spring Market

The Massachusetts Association of Realtors® (MAR) reported today that the spring market is off to a good start with pending sales up over six percent from this time last year. Pending sales have been up 48 of the last 49 months. Condominiums put under agreement also saw a hike over last year, with an increase of over 14 percent from 2016.

Pending Sales Maintain Steady Year-Over-Year Increases for Almost Four Years This February

The Massachusetts Association of Realtors® (MAR) reported today that ongoing buyer demand pushed pending sales up three percent over last year. Pending sales have been up 47 of the last 48 months, marking almost four years of positive gains in single family homes put under agreement. Realtors® confidence both in the market and in home prices was positive in February. This month’s “Hot Topic” question finds that the conversation of "tiny" houses has never come up between the majority of Realtors® and their clients

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Mayor Sarno Recommends Fiscal Year 2018 Property Tax Rates to Springfield...

Mayor Domenic J. Sarno announced today his preliminary recommendation for Fiscal Year 2018 property tax rates. This will now be sent to the Springfield City Council for consideration at a meeting scheduled for Monday, December 11, 2017 at 6:00 p.m. The recommended rates are $ 19.69 for residential and $39.25 for commercial, industrial, and personal property (CIP) (per $1,000 valuation).