Property, Rentals, Transactions

Property, Rentals, Transactions

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

MassHousing Provides $102.7 Million in Financing for Four Affordable Housing Communities for Senior Citizens...

Senior citizens living in four affordable housing communities in Boston, Framingham, Newton and New Bedford will see the preservation of affordability and extensive property renovations as a result of $102.7 million in MassHousing financing

Massachusetts Real Estate Market Starts Strong in 2017

The Massachusetts Association of Realtors® (MAR) reported today that the 2017 real estate market started strong with the most closed home sales in a January since MAR began recording the data in 2004. Continuing buyer demand pushed closed sales up more three percent over last year. Single-family median prices also saw a hike over last year. Condominium sales and median price closed up in January as well.

Buyer Demand Keeps Pending Sales Strong in January

The Massachusetts Association of Realtors® (MAR) reported today that ongoing buyer demand pushed pending home sales up in January more than 10 percent compared to the same time last year. Realtors® confidence both in the market and in home prices was positive in January. This month’s “Hot Topic” question finds that the majority of Realtors® in Massachusetts are not yet using 3-D, virtual or augmented reality technology in marketing homes. However, a significant portion (35 percent) have tried the technology on some of their listings, indicating that this is a burgeoning trend among agents

Realtor® Study Finds Share of First-Time Home Buyers in Massachusetts Drops to Record Low...

First-time homebuyers are finding it increasingly difficult to locate a home in Massachusetts as home prices and low inventory have significantly increased competition in the market according to the 2016 Massachusetts Profile of Home Buyers and Sellers. The study found that the share of first-time homebuyers dropped to a low of 35 percent, which is the lowest share of first-time buyers since the Profile began collecting Massachusetts data in 2003.

MassHousing Awards $385,000 for Affordable Sober Housing and Support Services for Those in Recovery...

“These CCRI grants are helping dedicated nonprofit organizations across Massachusetts provide the housing and services these individuals and families require to become successful in beating addiction and leading stable, productive lives.’

Massachusetts Home Sales Flat in December After a Strong Year

The Massachusetts Association of Realtors® (MAR) reported today that 2016 closed out in December with single-family home sales essentially at the same pace as last year. Eleven of the 12 months of the year saw an increase in home sales over 2015. Median prices were also up for 10 straight months as home values reached new highs. Condominium sales were down in December, after a year of mostly increases. Overall, 2016 was a positive year for home sales in Massachusetts as both year-end single-family and condominium sales and median prices were up over 2015.

Pending Home Sales and Market Confidence in Massachusetts Housing Market both up in December...

The Massachusetts Association of Realtors® (MAR) reported today that holiday cheer wasn’t the only thing in abundance in December as both the number of homes put under agreement and prices were up in the final month of the year. This was also true for condominiums put under agreement. This trend was mirrored in the year-end totals for 2016 compared to 2015. Realtors’® confidence in the market was positive again in December as their confidence in prices was down slightly.

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AG Returns $6.3 Million to Homeowners After Investigation of Improper Charges...

Following an investigation and audit by Attorney General Maura Healey’s Office, a major Massachusetts insurance company is paying more than $6.3 million in refunds to more than 4,500 homeowners who were improperly charged for property insurance.