Why Are Buyers Killing Each Other to Get Houses?

By | Market Stats | 1 Comment

Why Are Buyers Killing Each Other to Get Houses? Michael Mahoney Realtor® e: mike@mmahoney.com w:www.RealtorMikeMahoney.com c:617-615-9435 It’s really quite simple. It’s the law of supply and demand. In June, the total inventory in Massachusetts for single family residential homes was off by 51%.  Now add in the millions of intelligent, employed, well paid millennials coming… Continued

August 6, 2020

Thermometer depicting the real estate market. If you cannot view the picture, please call Michael Mahoney at 617-615-9435

August 5th – Temperature of the Market

By | Market Stats

The current state of the real estate market for a buyer in Boston is abyssmal. There are not nearly enough residential properties available for the amount of buyers looking in the market. The amount of pending sales is almost 1.5 times the number of active listings. If I were a seller, I would explore selling now. You can see how much equity is in your place by going to www.YourEquityFinder.com If you need any help, please call Realtor Michael Mahoney at 617-615-9435.

August 5, 2020

Greater Boston Records 18th Highest Salestotal for the Month in June

By | Market Stats | 2 Comments

The 1,150 homes sold in June 2020 was the eighteenth highest salestotal for the month and was a 28.8 percent decrease from the 1,616homes sold in June 2019. Additionally, the median sales price increased4.5 percent to a new record price for June in Greater Boston of $679,075up from the $650,000 price in June 2019. This is based on the most recent report by The Greater Boston Real Estate Board. If you would like help with interpretation of the stats, please feel free to reach out to Michael Mahoney at 617-615-9435 or via e-mail at mike@mmahoney.com

July 23, 2020

Homes are selling at the fastest rate ever recorded by Zillow

By | Market Stats | 1 Comment

Homes are selling at the fastest rate ever recorded by Zillow. In a recent article published by Jeff Tucker and economist with Zillow, homes are selling quick and prices are still up demonstrating that the housing market is on a solid ground. If you would like to know the value of your house, please check out www.yourequityfinder.com – If you have questions about the housing market, please contact Realtor Michael Mahoney at 617-615-9435

July 18, 2020

If you cannot see this email, please call realtor michael mahoney at 617-615-9435 for help

Real Estate Boston: What’s Happening

By | Market Stats

Real Estate Boston: What’s Happening. Each week Boston real estate Michael Mahoney with Century 21 tracks key Boston real estate markers to inform and educate clients and prospects about the Boston residential real estate market. He performs analysis on condos, single family homes, and multi-family homes. If you need any help, please feel free to reach out to Michael at 617-615-9435 or via email to mike@mmahoney.com

July 16, 2020

Boston Area Real Estate Insights July 8 2020

By | Market Stats

Every week Michael Mahoney a local Boston Realtor compiles sales data from MLSPIN. The report contains the status of the current active properties, pending properties, newly listed properties and homes recently put under agreement. If you need help with a home or condo in Boston, please feel free to reach out to Michael at 617-615-9435. You can also e-mail Mike at mike@mmahoney.com

July 8, 2020